Play-to-earn trading card game LOCGame announces its special staking program.
The cryptocurrency realm is flooded with play-to-earn games. The number of games that have popped up has been so huge that P2E games have literally lost their hype.
The growing demand for something new drew inspiration for the emergence of LOCGame. LOCGame is a DeFi-powered game with its own native marketplace and NFTs.
LOCGame was curated by paying tribute to the crypto industry legends that helped to craft this realm. The game has thus created playable cards of these legends that can be bought or sold within or outside the game as per the holder’s wish.
Let us get to know LOCGame a little better and learn about its new staking program for its users.
The History of LOCGame
The LegendsOfCrypto aka LOCGame came about in early 2021. But the initial journey behind it began in 2020. What started out as a crypto news digest called the “Crypto Rebel” paved the way for the emergence of RBL Labs.
RBL Labs, a blockchain gaming company, set out on a mission to develop the gaming ecosystem for the human players of the future. That is what led to the creation of LOCGame.
But what makes LOCGame unique?
There are tons of blockchain games out there, but some key features that make LOCGame stand out.
Thrilling game experience
When LOCGame was being designed, the team made it clear that they didn’t want a replica of any other existing game. The team wanted to make the gameplay easy to learn but hard to master. The game brings various features to the table that they claim the players have never seen. One of them is the unique NFT Card design with playable characters from the crypto industry, including popular CEOs, influencers, and crypto memes.
Ownership of the in-game items
The LegendsOfCrypto cards inside the game and other collectibles are generally NFTs. These NFTs are supported on both the Ethereum and Polygon networks. This allows the holders of the NFTs and other in-game items to sell, transfer, or trade the items.
Earn while you play
What the LOCGame states as the key factor of the game are the ability for users to earn rewards like LC tokens and NFTs while playing the game.
Let’s talk about the special staking program
To celebrate the successful release of LOCGame’s Season 0, the team is launching its new staking program on the Ferrum Network. The staking program is also accompanied by an NFT Giveaway.
This is not the game’s first staking program. In fact, it is the fifth one, following a string of successful staking programs.
The staking period will be over 888 hours (37 days). The minimum amount of $LOCG tokens required to participate is 888.
- Duration: 37 days (888 hours)
- Minimum Staking: 888 $LOCG
- APR: 18.88% — 188.8% APR
- Staking Pool Cap: 10 million tokens
- Start date: 14th July 2022
- Staking Contribution end: 24th July 2022
- Maturity end date: 30th of August, 2022
LOCGame special staking program will let you earn up to 188% APR. It is also accompanied by a giveaway of special Apollo collection NFTs.
How can you participate?
Participating in LOCGame’s staking program is quite easy. Follow the simple steps mentioned below and you can stake your $LOCG tokens to earn up to 188% APR.
- Go to Uniswap and get yourself some $LOCG tokens in your MetaMask wallet.
- Go to the official staking page and connect your wallet to the Ferrum Network.
- Stake as much $LOCG as your mind tells you to.
- If you bought $LOCG tokens from Uniswap, complete the form on the staking page.
The minimum APR stands at 18.88%. If you want to double or triple your APR, ensure that you buy your $LOCG tokens from Uniswap. The Uniswap offer only lasts from July 14 to July 24. The more $LOCG you purchase from Uniswap (minimum 888), the higher your eligibility for APR goes.
Additionally, five lucky participants will be chosen through a lottery to earn Apollo Edition NFTs.
- 1st winner-Wolf of Crypto Legendary Pack worth $400.
- 2nd winner-Sacrifice pack worth $390.
- 3rd winner-Wolf of Crypto Super-Elite Pack worth $290
- 4th winner-Apollo Super-Elite Pack worth $240.
- 5th winner-Apollo Elite pack worth $180.
$LOCG token
LOCGame’s native token is the $LOCG. The utility of the token includes staking, rewards, and NFT card payments. The team has recently introduced a burning mechanism that has already burned $2 million worth of tokens last year. $LOCG is tradable on Kucoin, Gate.io, and Uniswap.
- Ticker – $LOCG
- MATIC and ERC-20 compatibility
- Total supply – 150,000,000
Roadmap
The team has several visions laid down on its roadmap. The second quarter witnessed the implementation of tournaments, the launch of friendly PvP, and levels for PvE. Additionally, the team also launched the Apollo Edition NFT Sale along with the Season 0 launch.
For Q3, the team has laid down the following vision:
- Season 1 Launch
- Metaverse Land Sale
- Cards with Special Abilities
- Leagues
- Soundtracks NFT Sale
- Marketplace Update
Final thoughts
With its distinct game features and reward mechanism, LOCGame is trying to create an impact in the blockchain gaming realm. LOCGame’s special staking program will also let the users earn up to 188% yearly and earn passive income as they enjoy playing the games.
With thousands of Play to earn games in the market, why not try LOCGame and earn a substantial reward just for playing games. Who knows, you may also turn out to be one of the five lucky winners to receive an NFT.
Follow LOCGame on social media for news and regular updates:
Website | Twitter | Telegram | Discord | Youtube | Instagram | Medium | Spotify
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Source: https://beincrypto.com/locgame-release-special-locg-staking-program-earn-up-to-188-apr/