In Brief
- YGG Play Launchpad Introduction: Set to launch on October 15, YGG Play introduces its debut platform featuring the $LOL token from the game LOL Land.
- Token Dynamics of $LOL: A DEX-exclusive with a total supply of 5 billion, to be used in a VIP staking system enhancing player privileges and game interaction.
- Sales and Gameplay Enhancement: Targets an initial sale of $90,000 USD, with post-launch token trading starting November 1. The platform encourages earning through gameplay involvement.
Introduction to YGG Play Launchpad
Yield Guild Games (YGG), recognized for its pioneering initiatives in web3 gaming, is set to unveil its YGG Play Launchpad this October. This novel platform is designed to redefine participant interaction within blockchain games, offering more than just token sales but enriching the game discovery and player engagement process, especially in the Casual Degen game genre.
Launching with LOL Land
LOL Land is the inaugural game on the new launchpad, presenting its native $LOL token. Developed by Hype Reel, LOL Land combines the simplicity and enjoyment of Monopoly-Go with opportunities for cryptocurrency earnings. The game’s VIP staking system enables players to use the $LOL token to unlock new features and improve gaming performance, ranging from higher withdrawal limits to speedier progression.
Strategic Token Functionality
The $LOL token is set to be exclusively available via decentralized exchanges (DEXs), emphasizing its utility in enhancing gaming experiences. Meanwhile, the $YGG token, supporting the broader YGG ecosystem, remains available on both decentralized and centralized exchanges (CEXs).
Enhancing Game Experience Through VIP Staking
The VIP staking system incorporated within the $LOL token offers ten distinct levels, each providing increasing benefits such as reward multipliers and accelerated gameplay. This system focuses on linking the token’s utility to actual gameplay benefits over mere speculative value.
Detailed Launch Event
The initial token sale aims for a $90,000 target, exclusively accepting $YGG tokens during the sale. Starting October 15, a questing period allows players to collect points that determine their priority in the subsequent token sale phase.
Token Distribution Strategy
YGG Play has dedicated 10% of the total 5 billion $LOL tokens for the launch phase, while reserving a significant 60% for gameplay rewards. This allocation strategy underscores the platform’s commitment to a lasting, community-driven growth without retaining a share for itself.
Additional Earning Mechanisms
Beyond the VIP staking perks, players can earn $LOL tokens through a Play-to-Airdrop (P2A) system. Players’ activity and performance during specific game seasons will affect their leaderboard standings, with top players receiving substantial rewards.
Conclusion
YGG Play’s innovative Launchpad marks a significant evolution in the web3 gaming landscape, linking new blockchain games like LOL Land more effectively with players. By integrating the token dynamics directly with game mechanics, YGG Play ensures a gaming environment that is as rewarding as it is enjoyable. The upcoming platform launch heralds a new era for gamers seeking immersive and beneficial experiences in blockchain gaming.