In the cryptocurrency market from 2020 to 2021,
the P2E(Play to Earn) model coins were hugely popular.
The idea of earning coins just by playing games and then monetizing those coins was qut remarkable, especially in countries with low incomes where the in-game earnings could exceed regular employment income. A prime examples of this is Axi infinity.
Looking at the Upbit chart, we can see that Axie Infinity's token price once reached as high as 200,000 KRW (around $200). Just 10 of those tokens would have been worth 2 million KRW (around $2,000), and 100 tokens would have been worth 20 million KRW (around $20,000). While Axie Infinity started off with simple 2D graphics and gameplay, it has since been upgraded with better graphics and a more immersive story.
Overview of Blocklord
Game Introduction: Blocklord is a player-driven MMORPG developed by Metaking Studio, where players can engage in farming, combat, and resource management. Each player has their own land and can choose to ally with others or go on adventures, allowing for a unique gaming experience. The game is available on both PC and mobile beta versions.
Game Mechanics: Blocklord upholds the egalitarian principles of the Web3 model while combining the advantages of MMORPGs and strategy games. Players directly influence the game's direction by making strategic choices. Using NFTs, players can acquire stronger heroes and receive more airdrops based on their gameplay results, with all data recorded on the blockchain.
Personal Experience: I also tried Blocklord based on a friend's recommendation. My friend has been playing since the early beta version and has received thousands of airdrops. I experienced both the PC and mobile versions. In the PC game, players gather gold to buy land, build houses, hire characters (heroes), and assign tasks to generate resources. Players can collect resources to sell in the marketplace or upgrade their homes. There are periodic enemy attacks and special events that require strategic decisions, affecting the resources and gold players can earn.
LRDS Token Airdrop and Listing Expectations: The goal of P2E games is not just fun but also significant profits. The LRDS token airdrop has been received, but when will it be listed and how high will it soar? Notable venture capitalists, including Square Enix, Krafton, and Animoca, are backing Blocklord, indicating strong potential.
Price Prediction: The roadmap for Blocklord shows that a new whitepaper is expected in Q4 2023. With the upcoming U.S. presidential election in November 2024, Bitcoin's price is anticipated to rise again. If Blocklord's listing coincides with this, the LRDS token is expected to increase significantly. By comparing it to similar P2E coins like Axie Infinity and Sandbox, the LRDS token could be projected to reach at least $10.
2024 Roadmap Discovery
I found the 2024 roadmap on Blocklord's official Twitter and would like to provide more detailed information.
2024 Roadmap Schedule:
Q1: Blocklord Perma Point Airdrop Snapshot
Q2: New Blocklord Hero, Mobile Game Launch (currently in beta), $CWS Token Staking, Mobile Game Airdrop, and Loyalty Chest (which refers to treasure chests that provide items like gold when opened).
Q3: Seachain Whitepaper, New NFT Mint, Seachain Note Issuance Event (which seems to involve node issuance).
Q4: Seachain V1 Launch, New Game Release.
Current Game Status and Development Direction:
Currently, I am playing Dynasty version 1.1. The game revolves around creating my own dynasty in a medieval setting. Although there are occasional updates that cause interruptions, it's evident that the development team is working diligently to improve and fix bugs.
The dedicated team behind Blocklord is truly committed. As I build my dynasty, I anticipate the new game set to release in Q4 2024. Based on my observations, there are missions where heroes (characters) can sometimes die, and these heroes contribute to the dynasty's reputation. This element genuinely reflects the medieval era.
Additionally, players can grow their family through house levels and traditions. Heroes can be male or female, each with unique specialties. By marrying these heroes, players can form alliances and consolidate power, continuing their dynasty through offspring. This mechanism leads to game drops, making it more than just a one-time play. Players can strategize to enhance the dynasty's reputation and prepare for the next generation, all while earning token drops.
Expected LRDS Token Listing Schedule:
The most critical aspect is undoubtedly the listing schedule. Recently, I have been collecting items through the mobile game and am set to receive LRDS token distributions. The mobile game event deadline is approaching (UTC July 13), and I feel that there have been many rewards during this period.
The information about the LRDS token on CoinMarketCap is promising. As mentioned in my previous post, with a circulation of approximately 5 million, the token could be valued at around $10. Currently, there are about 4.67 million in circulation, with a total supply of 100 million.
I often receive common items in the mobile game, and for every item collected, I receive a total of 2000 LRDS tokens based on the number of items. Even just one item can yield a $10 profit.
Blocklords, which previously had no news, has now appeared on CoinMarketCap, riding the wave of Bitcoin's resurgence. I checked the Ethereum address listed on CoinMarketCap through Etherscan and noticed a significant increase in token transfers starting 12 days ago.
This makes me think something significant is approaching. With the upcoming Trump election, the timing seems favorable.
Disadvantages of P2E Games:
One downside of P2E games is that once tokens are issued, they often see a high initial price that subsequently drops. This occurs because the number of initial players is limited, and as more players join, the token supply increases, leading to price declines. However, since there are not many players currently in Korea, the potential for price increases exists if trading becomes more active in the future. The fact that it is still relatively unknown adds to its appeal.
I have a personal belief that the LRDS token listing is imminent, and I hope for another crypto bull market.
This post was written around 1 AM on the 23rd. Later that evening, news about the Blocklord TGE emerged. On July 24 at 11 PM KST, it will be listed on KuCoin.
I have also found records of LRDS transfers to KuCoin in Etherscan. Checking the transaction details indicates that it may also be listed on other exchanges like MEXC, Bybit, and Gate.io.
Below is the Bybit screen. Something seems to be brewing!
Additionally, to present a clearer price outlook for the LRDS token, I compared it to current P2E coins. Dividing the market cap by the circulating supply gives the current price, and I calculated the peak price ratios.
After calculating the market caps of six cryptocurrencies:
If we assume an expected supply of 5 million LRDS tokens, then the market cap/supply = price, suggesting an estimated price range of $11 to $209. Even if it doesn't reach that high, I believe it will at least hit $5, considering the involvement of prominent VCs.
After determining the peak price ratios of other P2E coins, I multiplied these by the estimated LRDS token price to assess potential peak prices.
I can feel the excitement building!
Also, in January, there was a tweet about Coinbase Prime custody for Blocklord, and the game has already utilized the base chain, so I’m hopeful for a Coinbase listing.
Feel free to make any adjustments or let me know if you need further assistance!
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Now, 26th of July, LRDS is listed on many dex,cex
GoGo LRDS!!!
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