Nplus Entertainment has announced that the first public land sale for their strategy game League of Kingdoms will happen this December. Somewhere before Christmas the developers want to introduce a new land certificate system. Details are unknown, but they will announce more information ‘in a few days’.
Players who own land receive a share of the revenue made through the game. The amount a player receives, depends on the amount of land he owns and the development level of those lands. The higher the levels, the higher the yield.
Each land parcel is represented on the blockchain as an ERC-721 token, stored in the cryptocurrency wallet of its owner. Players are free to trade land as they please.
Land certificate system
What this new land certificate system means, is not yet known. But we can speculate. Currently players team up and guilds and work together to improve their lands. In return they split up the revenue of those lands between participating players. Perhaps the new system will allow guilds to effectively become DAOs, that automatically organize the distribution of revenue among guild members.
So far landowners have earned a combined amount of 25 thousand dollars since the game launched this summer. On a daily basis players receive approximately 150 to 200 dollars. As more players join the game, the team will open more servers. This will likely affect the daily revenue.
In the future more mechanics could be added to the land ecosystem. In a blog post Nplus Entertainment mentioned in September that they are working hard to add more decentralized finance to the game. Some of their options are staking rewards, collateralize virtual land, the introduction of new non-fungible tokens and even potential ERC-20 tokens.
What is League of Kingdoms?
League of Kingdoms is a multiplayer online strategy game for Android, iOS and PC. Players need to work together by making their alliance more powerful. Each players rules their own kingdom. In addition players are free to buy virtual land and generate passive income by developing that land.
The strategy game also has a play-to-earn mechanic. Gamers can gather resources, mint them to the blockchain and sell them for money. It’s a simple mechanic, available to every player without investing any money. However, in order to mint players do need to pay for the gas fee.
In the world of League of Kingdoms players need to gather resources and fight their opponents. There are special events that incentivizes conflict. For example, everybody wants to own a Shrine, which can be conquered during special events. The result is a war in which everybody is battling. Soldiers will perish, and players will need to acquire resources to improve or repair their army.
There are plans to also release League of Kingdoms on other blockchains. However, currently the game only works on Ethereum. Give it a try!