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legends of fantasy war

LFW Has Raised 2.5M for the Project, Set for Its IDO

NewsBTC by NewsBTC
1 year ago
in Company News
Reading Time: 3 mins read
Advertisement

Play-to-earn blockchain fantasy game, Legend of Fantasy War (LFW) will be launching an initial decentralized offering (IDO) for its native token, $LFW. The $LFW IDO is set to take place on Polkastarter and BSCStation on October 28 at 1 p.m. UTC and 6 pm UTC respectively.

Legend of Fantasy War is a stunning 3D turn-based role-playing game, with thousands of heroes with distinctive abilities and personalities.  Set in its ecosystem, LFW will provide millions of players globally with an opportunity to make a profit from playing games and holding $LFW.

LFW is the game-changer in the GameFi era owing to its unique approach to blockchain technology and gaming. Gamers can convert their in-game items and achievements into monetary rewards without losing them even if they step away from the game. Additionally, gamers who own NFTs can buy, sell, exchange, and auction transparently on the LFW NFT marketplace. LFW has fantastic visuals and motion design and a variety of game modes (such as story mode for collecting in-game items, battling mode in solo, and clans for battling rewards), which differentiates itself from other GameFi projects.

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Holders can play and invest in the game with $LFW (the native token of the LFW). Users earn some tokens by completing missions in the game and staking NFT items or characters bridging the space between DeFi and NFT. $LFW is a governance token that allows its holders to participate in decision-making regarding the game’s direction through a decentralized autonomous organization. The numbers for tokenomics are announced, a maximum supply of 200,000,000 tokens is available. Of these, only 2.8 million will be available at the public sale.

Users of either the Polkastarter or BSC station platform will be able to participate in the IDO in a secure and compliant environment and use assets both in and beyond the current ERC-20 standard. The IDO launch is less than a week after LFW closed a $2.5 million funding round from key backers like Cipholio Ventures, Morningstar Ventures, Polkastarter, and Bybit.

Here are the IEO information

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More so, the fund is expected to be directed towards operational and infrastructural development, allowing the ecosystem to scale quickly. The game will also generate revenue through multiple means including in-game fees, NFT sales, and marketplace transactions.

Key Features

 Legend of Fantasy War (LFW) has immersive, unique, and rich gameplay. Broadly, its features are;

  • In-game activities: With countless missions to complete and earn rewards, the game allows choosing of characters and team building. Each team will then battle through enemy formations as the mission proceeds. Upon completion of quests, missions, and activities, players can earn incredible profit from the game.
  • Multiverse: LFW is set in a mega multiverse with multiple portals of space-time interlinking to different worlds and a different game in the LFW universe. The LFW token is being used throughout this multiverse.
  • LFW Marketplace: Players can earn LFW tokens in this marketplace by selling characters and other in-game items or putting them up for auction. These LFW tokens can then be converted into the game.

Future developments on the LFW Ecosystem 

There have been several blockchain games since the development of blockchain. However, LFW differs from the regular blockchain game in that it would continue to evolve and develop.

Much more, LFW is working to make blockchain gaming in particular and the blockchain community in general into a healthier, more ideal space for gamers. This is unlike many other games that have focused on the ‘play-to-earn’ possibilities and failed to take cognizance of the capabilities of the blockchain.

While the initial release is simply the Legend of Fantasy War, the plan is to develop into a Legendary Fantasy World. To do this, LFW has gathered a team of over 40 members worldwide with experience in the gaming, blockchain, and events industries.

For more information about LFW and its upcoming token launch, please visit the official websites and join the community.

About Legend of Fantasy War

Legend of Fantasy War is a unique 3D turn-based role-playing online blockchain game. By adding in-game items to the blockchain, the game provides players ownership of in-game items by owning so-called Non-Fungible Token (NFT). With an engaging storyline, players can both entertain themselves and collect valuable items, even increase the value of items while playing games solo or with others. Owners of NFTs can sell, exchange, and auction transparently on the Legend of Fantasy War NFT marketplace.

 

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