What is Legends of Crypto (LOC) | What is Legends of Crypto token | What is LOC token
In this article, we’ll discuss information about the Legends of Crypto project and LOC token
What is LegendsOfCrypto?
LegendsOfCrypto is a brand new NFT collectible and trading card game that runs on top of decentralized blockchain; supported by Ethereum and Matic Networks. Our NFTs come with an exciting twist, as they will feature prominent crypto influencers and characters as collectible digital artwork.
With the amazing ecosystem of best in the business partners supporting us, we couldn’t be more excited for this pivotal moment in NFT history. Now is the time, and we are here, ready to put in the work to create an evergreen snapshot of history.
Users have the ability to collect, stake, and trade each NFT as they please.
The NFT characters are categorized as either top crypto tokens, the largest crypto blockchains, crypto influencers, or crypto cities. This allows for a large realm of possibilities, with so many variations and ideas to select from, making the game more fun and enjoyable.
Some notable examples of top characters include Binance’s very own CZ and the notorious Crypto Whale investor.
Our project runs on the Ethereum and Matic blockchains, leveraging the full capabilities of these powerful networks to bring the greatest efficiency and scalability to our NFT ecosystem and users.
Our Vision
“This era will pass, but the Legends of Crypto will stay, and be a living history of cryptocurrencies triumph”. Mik Mironov, Founder of LOC Game.
Here at LOC, we want to celebrate the contributions and image of real world characters that have moved markets, changed the course of history, and provided valuable solutions with their creativity, charisma, and leadership.
Blockchain technology helps us accomplish our vision by introducing various gamified systems to collect, play, earn rewards and have fun at the same time; all with our beautiful NFT cards!
We are well on the path to create the next best thing in NFTs.
$LOCG Token
$LOCG is the governance token, which is used by the community for voting and additional rewards in the game itself; the overall token supply is capped at 150,000,000 $LOCG. Some of the features and use cases for the token within the LOC game are:
- Staking: $LOCG tokens can be staked in pools in order for users to receive new NFT airdrops — we plan to add additional DeFi features as we grow — 5% staking rewards will be given in prize pools
- Rewards: We incentivize users to participate as much as possible with a pay-for-play model — the more you play the game, the larger the amount of $LOCG you will receive in return
- Kickback: When you buy NFT cards and decks on the LOC marketplace, you will receive a kickback in $LOCG
- Governance: $LOCG holders have the power to suggest changes to the game, ask for new features, and request new card editions; holders can also be appointed to the DAO LOC Council if they own enough $LOCG
- Modify Features in Rare NFTs: The $LOCG token will be able to add or change specific features contained in the rarest NFT cards only
- Payment: Paying in $LOCG allows you to get discounts on NFT cards, decks, boost factor, etc.
Use Cases and Technology
Each NFT can be staked to earn crypto, or you can use your $LOCG tokens to farm new and rare NFTs. Not only does this ensure their value and rarity as collectibles, but also the financial application and benefit of receiving rewards simultaneously. These features are critical in solidifying our project’s true use case and attracting a broader user base.
Every NFT also comes with its own special design and rarity; they can be traded on the LOC marketplace and external marketplaces such as OpenSea. The artwork is beautifully designed and custom-made for each card, so you can feel like you own a truly valuable NFT that will serve as a piece of crypto history.
The blockchain and NFT technology are able to provide each user with assuredness that they are the sole owner of their cards, giving them complete control. In addition, each NFT card has its own special design and artwork from artists and influencers.
LOC currently has two different kinds of card games — free and pay-for-prize/tournaments.
How to Play the Game
The game is based on a top trumps card game — each card has a list of numerical data, where the goal is to compare the values and try to trump and win your opponent’s card.
As previously mentioned, each card is part of a different type of category. Players take turns choosing categories, and in the end, the person with the highest number of cards in the selected category is crowned the winner.
It’s as simple as that!
On top of all this, there is a referral program that motivates players to interact more and helps them grow in the beginning when the games launch, further incentivizing them to get as many people to join as possible.
LOC Team
Our team is composed of successful individuals who are highly experienced and passionate about the crypto and blockchain space. Below is a list of some of the LOC team members and their backgrounds:
- Mik Mironov — CEO, founder of Crypto Rebel, before at Airbnb, ABN AMRO Bank.
- Lise Lefebvre — Art Director: famous product designer from Amsterdam, former Dean of Product Design at Willem De Kooning Academy, Rietveld Academy, Founder at Botanopia
- Mathew Sayed — CTO: Extensive knowledge of layer 2 infrastructure, expert in smart contracts
The advisory team brings a wealth of knowledge in gaming, blockchain and NFT: Jawad Ashraf, founder at Terra Virtua, David Johansson, founder at SeaScape and BlockLords, David Atkinson, Commercial Director at Hollochain.
Our team stems from a variety of different backgrounds but has merged brilliantly to bring together this amazing NFT-based game.
Help us Build the Future of NFT Gaming
If you’re just as thrilled as we are for the future of LOC and the NFT ecosystem, join us on the path ahead. Our motto is to “Collect, Play, Earn, and have fun,” and we want to keep that dream alive — we’ll need your help to do it.
Our ultimate goal is to create a decentralized gaming ecosystem where everyone benefits — we want to transform gaming by adding in never-before-seen crypto elements. With the partnerships we’ve developed and the SHO just around the corner, we’re confident that these are the critical steps required to jump-start LOC and send it to the stratosphere.
The roadmap is full of exciting developments — some of the highlights include a beta game in Q3, play-for-prize pools and DeFi functionality in Q4, and the DAO LOC council launch in Q1 2022.
Whitelisting, LOC Token Details, and DAOMaker Information
Whitelisting Requirements
Anyone that wants to be a part of the public sale will need to register via the whitelisting form by filling out all requested information. $DAO token holders and non-holders will both be eligible to take part in the sale by joining the DAOMaker pools.
If too many users have subscribed due to overwhelming interest, there will be a random lottery system where eligible participants will be chosen from the whitelist, a process that maintains fairness and equal opportunity for the community.
The LOC Token Details
We will be issuing $125k worth of $LOCG tokens for the SHO, at a price of $0.036. 33.33% of the tokens can be unlocked at the TGE, and 33% of the tokens can be unlocked for 4months.
As we want to promote inclusion in the community and create a fair distribution system, we are limiting the number of tokens each participant can purchase. Therefore, a maximum of $500 in $LOCG tokens will be allowed per person.
We were also able to successfully raise $230,000 in the seed round and $1.1M from the private sale. For more information about past rounds, have a look at our full tokenomics overview.
DAOMaker
It’s critical to familiarize yourself with the way DAOMaker SHOs work, so make sure to do your own research before the public sale — you can reference the DAOMaker Guide to become better acquainted with the protocol and what you need to be beforehand.
Lastly, as with any public token sale event, please ensure you have enough ETH within your Ethereum wallet to transfer and cover the gas fees needed to make the transaction. It’s best to do this well in advance so you don’t have any last-minute issues when the event is live.
To learn more about the platform, visit DAOMaker’s website and see what they’re all about. We couldn’t be happier about using its platform and amazing cross-chain technology to help launch the event.
How and Where to Buy Legends of Crypto (LOC)?
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
After the deposit is confirmed you may then purchase LOC from the exchange: …
To participate in the LOC community round: https://docs.google.com/forms/d/e/1FAIpQLSdliY0OXoZ09tmMc9UBUwHb3UUf_l8WbGJCL_zg3oOcbYxLIg/viewform
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once LOC gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information LOC
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🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
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