The first phase of the League of Kingdoms land pre-sale has sold out, and on Friday June 5th the second pre-sale will commence. Nplus Entertainment made a total of 74.475 dollars by selling 1921 land parcels to 332 people. On average every landowner bought 5.78 pieces of land.
It took Nplus Entertainment less than a week to sell their first batch of land at a 30 percent discount. During the second land sale this Friday, the developers will offer 5130 land parcels to early investors. For the first time level 1 land parcels will go on sale for a little over 10 dollars a piece. The total possible revenue over 144 thousand dollars.
Later this year League of Kingdoms will launch and then the main sale will open up. Then 58.485 pieces of land will be available for everyone. Landowners will be able to benefit from any activity on their land, as well as earn a revenue share based on the total in-game spending by the community. If all land will be sold, the studio will make another 2.2 million dollars.
Earning rewards with land
As a land owner you will earn two types of rewards. The first reward is the development reward. Based on the land’s development level, players will earn a percentage of the reward pool. Ten percent of all in-app purchases become the reward pool. Players can get more rewards by increasing their development level by consuming crystals or doing development activities.
The second reward is based on resources. Every land owner will get 5 percent of the resources collected within his land. Players can obtain these resources daily. These resources can be minted as NFTs and sold on a marketplace.
What is League of Kingdoms?
League of Kingdoms looks like its inspired by popular mobile games like Rise of Kingdoms. You can see this in for example the need to work together to build a strong kingdom, overpower other kingdoms and defeat monsters. Players can forge alliances between kingdoms, while they can also voted for their leaders through the Ethereum blockchain.
This strategy game basically consists out of five different layers:
- Blockchain – The first continent is running on the Ethereum blockchain, but other continents might move to other blockchains. Through blockchain technology players have true ownership in an open economy, with transparent governance.
- Land – Land is non-fungible virtual real estate stored on the blockchain. Players can earn, play, trade using the land.
- Kingdoms – Kingdoms function on top of the land. A kingdom can become a prosperous city state with a powerful army.
- Alliance – An alliance is a clan with multiple kingdoms. Diplomacy, trade relations and governance of the continent play a role here.
- Congress – Continental congress is a group of chosen leaders that govern the entire continent. They decide on rewards, dividends, and many other things inside the game.
Also published on Medium.