Category: 4

  • Why “Chain Of Legends” ?!

    Earn money playing games online

    “Chain Of Legends” is a one-of-a-kind Play to Earn game well-known for its particular multi-earning methods among Play to Earn players. The game token’s remarkable comeback performance during the bearish tide of the crypto market made it a distinguished economic game. So, “Chain Of Legends” became one of the Best Play-to-Earn games on the BNB chain. As our slogan indicates, $CLEG is $Bitcoin of P2E games!

    Obviously, “Chain Of Legends” is the very chance that people were waiting to earn money by playing games online!

    What has made “Chain Of Legends” the best play-to-earn game?

    “Chain Of Legends” intends to solve the most common issue of NFT earning games which is nothing but a permanent price decline after a mass adoption period.

    · A 60% tokenomics section dedicated to the Play-to-Earn part of the game allows the players to Mine $CLEG up to the year 2034 in a perfectly designed way that suppresses the mining production rate and production amount all along the Roadmap periodically, 5% each time called as “Mining Cycles”! “Mining Cycles” is the exclusive unique feature of this game.

    · A mining limit system prevents players from Mining $CLEG more than a defined amount. Therefore, it distributes the Mining and PvE rewards on a regular basis throughout the day. In the mining section, extra Demand leads to an elevated price of NFT lands in the marketplace. But in the PvE section, it leads to a latency of finding Dungeons, prolonging the adventure period.

    · Aggressive $CLEG burn system, on the 15th of each month, burns 70% of all tokens that players have spent in different parts of the game. The remaining 30% goes to the reward pool.

    How to use $CLEG by investing it in the game?

    $CLEG has numerous utilities after only eight months. Other utilities are also yet to come. Here a few of them are mentioned.
    Mining: Building $CLEG Mine, Stone Mine, and Iron Mine to enable earning income.
    Adventures: Building Barracks, Training Heroes and troops, and joining Guilds to go to “Dungeons” and “Treasure Islands” to have an amusing income
    Marketplace: A delightful place to trade resources and NFTs that are available in the game with $CLEG, the native token of “Chain Of Legends.”

    NFT Earning Game with Multi-Earning Methods

    Multiple earning methods by playing the NFT earning game, “Chain Of Legends,” has made it very attractive for gamers, investors, influencers, and even traders to join the “Chain Of Legends” ecosystem and start earning income.
    To the point that even players who are looking for free crypto games on the BNB chain got to know this opportunity and started to take benefit of this wonderful Play to Earn game.

    Mining $CLEG, Mining Stone and Iron, Dungeons, Treasure Islands, a unique Marketplace for trading every in-game asset, and a very tempting Referral system are the multi-earning methods of the best Play-to-Earn game.

    Website and Social Media

    🔹 Website: https://chainoflegends.com

    🔹 CoinMarketCap: https://coinmarketcap.com/currencies/chain-of-legends/

    🔹 Coingecko: https://www.coingecko.com/en/coins/chain-of-legends

    🔹 Discord: https://discord.gg/chainoflegends

    🔹 Twitter: https://twitter.com/chainoflegends

    🔹 Medium: https://medium.com/@chainoflegends

    🔹 Youtube: https://www.youtube.com/channel/UCiOX2xyU9aee5PEkVpGY4pQ

    🔹 Telegram: https://t.me/chainoflegends

  • CLEG BURN | 5th & 6th Batch

    5th & 6th CLEG Burn

    🔥🔥 #CLEG Token Burn / Fifth Batch 🔥🔥

    🎉 The 5th #tokenburn took place 🎉

    🎯 The #CLEG spent by players in the game from November 15th up to December 15th was burnt.

    This Token Burn caused a deduction in the total supply of $CLEG, the Native token of “Chain of Legends”. Therefore, the supply of CLEG got more limited down to 911,569,339 $CLEG! 🤩

    ✅ In this event, 70% of the CLEG that players spent in the game, approximately 18,918,579 $CLEG (142,263 USD), got burnt successfully!

    🚢 #ChainOfLegends Ship anchored in the 5th harbor. It will pass more and get closer to the final destination! 🗺

    — — — — — — — — — — — — — — — — — — — — — —
    🔹 In case you are interested in details

    👇 👇 👇

    🔹5th Round
    https://docs.google.com/spreadsheets/d/1jTGPdGgSPoGODWzqaJmpVmQr_ePfBykKbV1Oh7nBhqU/edit#gid=1356619627

    🔹 BSC TX
    https://bscscan.com/tx/0x1d8824c29f0729bb04665bf0ed6371369df0de7c7400c1f9e8098b5d779f3172

    🔥🤯 Biggest #CLEG Burn Ever 🤯🔥

    🎉 The 6th #tokenburn took place 🎉

    🎯 The #CLEG spent by players in the game from December 15th up to January 15th was burnt.

    A major deduction in the total supply of $CLEG, the Native token of “Chain of Legends”. Therefore, the supply of CLEG got more limited down to 886,965,792 $CLEG! 🤩

    ✅ In this event, 70% of the CLEG that players spent in the game, approximately 24,603,547 $CLEG (350.000 USD), got burnt successfully!

    🚢 #ChainOfLegends Ship anchored in the 6th harbor. It will pass more and get closer to the final destination! 🗺

    — — — — — — — — — — — — — — — — — — — — — —
    🔹 In case you are interested in details

    👇 👇 👇

    🔹6th Round
    https://docs.google.com/spreadsheets/d/1jTGPdGgSPoGODWzqaJmpVmQr_ePfBykKbV1Oh7nBhqU/edit#gid=431931149

    🔹 BSC TX
    https://bscscan.com/tx/0x5d5b652e3321629ee38142253864141dae3c1e1950545f2717ce82c6597aa5d9

    Website and Social Media

    🔹 Website: (https://chainoflegends.com)

    🔹 CoinMarketCap: (https://coinmarketcap.com/currencies/chain-of-legends/ico/)

    🔹 Telegram channel: (https://t.me/chainoflegends)

    🔹 Discord: (https://discord.gg/chainoflegends)

    🔹 Twitter: (https://twitter.com/chainoflegends)

    🔹 YouTube: (https://www.youtube.com/channel/UCiOX2xyU9aee5PEkVpGY4pQ)

    🔹 Group: (https://t.me/ChainOfLegendsChat)

  • Mining Cycles at “Chain Of Legends”

    Lands of the first cycle have more resources and have a faster production rate than the lands of the second cycle” that’s what we have always mentioned about the mining cycles in our posts or tweets that there is a cycle for the lands that get generated. This is a new major topic in the world of crypto games. Mining cycles is an exclusive feature for Chain of Legends tokenomics that makes it special amongst all of the crypto games, as it stands for #BITCOIN of P2E games.

    But what truly are these Cycles?

    And what are they good for?

    Read to the end to get your answers from us!

    Mining Cycles in Chain of Legends – Tokenomics and Land Value

    Mining Limits

    Compound Interest is the first issue of blockchain games. There’s a simple reason that most of them usually face a crisis in their tokenomics in the long term. The crisis here means a continuous price decline.

    Usually, at the beginning of most of the games, the players with a low amount of investment reinvest their income inside the game to earn more and use the power of compound interest which is also good for the game’s economy. But after a while and playing the game, they will reach an enormous income that grows faster than community growth. The time that they decide to start cashing out or a piece of unfortunate news for cryptocurrencies that pushes back the price of the #Bitcoin, their token prices will continuously decline.

    To prevent this issue and regulate the #CLEG’s supply in the market, we generate a limited amount of land for mining per day. As a result, there will be a limited supply of the #CLEG to mine every day like most blockchain coins. When all of the tokens of the day get mined, there won’t be any other lands available. For example, the first cycle of the lands will have a total of 1,300,000 $CLEG to earn per day. This amount is dispersed into the various lands that get available during the day and they have differences in the amount of $CLEG available and also in the production rate.

    • If you are not familiar with the diversity of our lands, you can always read about them in the NFT Land Article.

    If all available lands get sold, Players have to place bids for the next land, so players have to pay more #CLEG to own land to begin mining. This system will automatically increase demand for the token and will decrease the supply of the token.

    Daily $CLEG to Mine

    Mining Cycles

    To put it in simple words, cycles to the lands are like seasons to the days, but with a different strategy and timing.

    At the beginning of the game in the first cycle, 2000 lands (common, uncommon, rare, and legendary) will become available to buy per day. As told before, these lands have 1,300,000 #CLEGs in total to mine in the first cycle. After each cycle:

    • Tokens of the new Lands will get reduced by 5% which would be 1,235,000 #CLEGs in the second cycle.
    • Token mining speed or “production rate” of the CLEG Mine will also get reduced by 5% after each cycle.
    • The “capacity” of CLEG Mine will also get decreased by 5%.
    • The “Repair cost” of the CLEG Mine will get decreased by 5% each time.
    • Adventure Rewards also get decreased by 5% each time.

    The First cycle length is at least 10 days, the second cycle is 11 days, and each cycle will be one day longer than the previous one.

    You should know that each cycle’s duration gets longer if all of the lands were not sold by the due time. For an instance, the second cycle’s period is 11 days and a total of 22,000 lands get generated in this cycle. If by the end of the 11th day, the lands are not sold yet, the duration of the cycle gets extended until all of the lands get sold. It might take two weeks or a month, but if the demand gets higher, the lands might get sold out sooner than the minimum period.

    Aggressive Token Burn

    70% of all tokens that players spend inside the game will get burnt, and the other 30% remaining tokens will move back to the reward pool. This token burn will take place in the middle of each month (from the 13th to the 17th)

    The last token will be mined in the year 2034 or later. After that, we may use the reserved token pool to continue the game’s economy.

    Conclusion

    Chain of Legends’ deflationary systems limit CLEG’s mining, supply, and burn tokens aggressively, and reduce mining rewards over time. As a result, our game’s tokens will become more and more rare and valuable. As NFTs are priced by the game’s token they will also become more valuable over time even more valuable than the tokens. for example, a legendary land in the early days of the game has ~14000 #CLEG, but the same legendary land in the next few cycles or 100 days and has ~10000 #CLEG. So buying and holding game tokens is very profitable, and game NFTs are even more profitable, Thanks to the deflationary system.

    More articles are about to get published, stay tuned …

    👇Join us and together we grow👇

    Website and Social Media

    🔹 Website: (https://chainoflegends.com)

    🔹 Telegram channel: (https://t.me/chainoflegends)

    🔹 Discord: (https://discord.gg/B2ee9uBAE8)

    🔹 Twitter: (https://twitter.com/chainoflegends)

    🔹 Medium: (https://medium.com/@chainoflegends)