🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸 Legends, it’s time to level up your game and supercharge your CLEG token holdings! Introducing our exclusive Staking Program on Pink Lock, where you can turn your CLEG tokens into LEGENDARY rewards! 💎💥
Here’s the deal:
1️⃣ Stake your $CLEG tokens on Pink Lock.
2️⃣ Watch your tokens grow based on our amazing reward structure.
3️⃣ After we verify your token lock through (https://forms.gle/ER8VGqLJkzt7odSL9), BOOM!⚡️ Your $CLEG rewards will instantly appear in your game account!
🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸🔸 📺 And that’s not all! We’ve prepared an easy-to-follow tutorial video to guide you through the entire staking process.
▶️ Check it out on: https://youtu.be/ZtLQX4nEHuc?si=irtdT7sXQkc0Erps
It’s been a while since the price of Lands escalated to the insane prices that practically pushed the profit of players to zero! But, after a bit when players stopped buying and the act of Limiting NFT Land Trading by the team happened, the prices decreased to the reasonable amounts of 0.3–0.7 price per CLEG in these recent days. If we consider 0.15–0.2 for repairing Mines, it leaves a profit of 0.15–0.55 for players’ investment in buying and mining lands.
But, why even now, do some players complain about the low profit of the Mining section?!
The team is totally aware that the prices have been elevated and we do our best to offer a healthy equal situation for all of our community members. The Land deploying program was modified to a state that randomizes the Land distribution throughout the day to the point of decreasing the possibility of hunting low-cost lands by NFT Land Traders. This way, in addition to the Trading Limit, the chance of players coming across cheaper lands increases. We all are observing the result of these changes in the current land prices. Although the prices have decreased, players still complain about the low profit of the Mining section. To answer the question above, we’ll explain it with an example. Pay attention carefully and take benefit of the following general pieces of advice.
Scenario A & B, and Scenario C & D are almost intertwined!
Scenario A:
My CLEG Mine is at level 6. It can Mine 573 CLEG per day at cycle 16 and it needs 148 CLEG repair cost per day. So, basically, I can earn (573–148 = 425 CLEG) per day without considering land costs. Now, I’ve bought a Cycle 16 Legendary Land at the price of 4200 CLEG. It has 6486 CLEG, Stone, & Iron within. The price per CLEG is 0.64 and it has a +0.3 production bonus. It means that my CLEG Mine can produce (573 * 1.3 = 745 CLEG) daily. It takes 8.7 days for my CLEG Mine to completely extract its resources. So, (148 * 8.7 = 1287 CLEG) is my total repair cost for mining this legendary land. Now, my revenue is (6486–4200–1287 = 999 CLEG) or 114 CLEG daily.
Scenario B:
What if my CLEG Mine HP is lower than 80?! If it had 10 HP, my production rate would have decreased to 606 CLEG per day. Then, It’d have taken 10.7 days to get thoroughly mined. So, the repair cost would have increased to 1584 and my revenue would have decreased to 702 CLEG or 65 CLEG daily. Almost 30% less than a full-HP production rate!!
Scenario C:
My CLEG Mine is at level 6. It can Mine 573 CLEG per day at cycle 16 and it needs 148 CLEG repair cost per day. So, basically, I can earn (573–148 = 425 CLEG) per day without considering land costs. But this time, I’ve bought 6x Cycle 16 Common Lands at the price of 45 CLEG. It has 109 CLEG, Stone, & Iron within. The price per CLEG is 0.41 and it doesn’t have a production bonus. It takes only 1.14 days for my CLEG Mine to completely extract the resources of these 6 Common Lands. So, my total repair cost for mining these Common Lands is just 148 CLEG. Now, my daily revenue is 573 – 270 – 167 = 136 CLEG.
Scenario D:
And If my CLEG Mine had 10 HP, my production rate would have decreased to 466 CLEG per day. Then, It’d have taken 1.4 days to get thoroughly mined. So, the repair cost would have increased to 207 and my revenue would have decreased to 466 -270 – 207 = -11 CLEG. A total Loss!!
A few words from the Author
“Chain Of Legends” is a game of economics! You should always consider all of the possibilities and calculate your income. In the examples above, the CLEG Mine’s level was constant in all scenarios and we just changed the variant of NFT lands type and the HP of your CLEG Mine building. You could evidently see the huge difference between daily incomes. Let aside all other variants that affect the players’ income. This is why some players take benefit from the game and some don’t! Always try to think out of the box.
A few general pieces of advice to maximize your Income:
Check the Marketplace and Land prices occasionally before you run out of resources!
Search through all types of lands and consider their production bonus.
Find the best Land match based on your Mines’ level and “price per CLEG”
Try to purchase Lands at the lowest cost possible.
Keep the Mines HP always at the Maximum production rate!
Log in regularly and collect your extracted CLEG before it gets full and stops.
Last Chance in the “Repair Week”
Now that you found out about the importance of strategizing along with the keeping your HP full, Seize the chance before it runs out. The Repair Week ends tonight at 23:59 PM UTC!
Legendary Repair Discount
Use this opportunity to bring up your Mines’ HP to a good state! Whatever suites you. 10%, 30%, or 50% Off might be your only chance to once again keep up your Mining procedure and help yourselves with a higher speed of income stream.
If you still didn’t repair your Mine, Now, it’s your chance! Get back to the game by the Link below 👇
— — — — — — — — — — — — — — — — — — — — — — — — — — — — A fantastic video AMA was held at: 🗓 18th August 2022 🕑 10:30 AM UTC
With the presence of devs who joined this event to answer the community’s questions and describe a few things for them!
The following passage is almost all of the enthusiastic discussions we had with the community who joined us in the event. If you missed joining the AMA, this is the best chance to read about all the discussed matters. Read to the end, because some of the following questions might also be your question
The Presenter of the AMA was “Behzad” and he led the AMA to the end.
A colored circle defines the lines of each speaker as below. 🟢 Behzad 🟣 Hmdrz 🔴 Mahdi
🟢 Hello everyone, Nice to meet you all on this lovely evening. This is Behzad, the Market researcher at Chain of Legends. We are about to hold a video AMA with our community. At this event, we have Mahdi, the CMO, and Hmdrz, the content manager at “Chain of Legends”. We will talk about a lot of topics today. These are the headlines of the AMA:
AMA Topics: 1️⃣ Opening (Introduction of event, speakers) 2️⃣ Road Map (Entertaining plans) 3️⃣ Token Burn (Describe the event, subsequent burns, and what happens in the supply) 4️⃣ Game explanation (Upgrades, Repairs, Cycles, … ) 5️⃣ Discord honor badge 6️⃣ Income (Mining, Referral program, Trading, Boxes, PvE & PvP, ROI calculator ) 7️⃣ Withdrawals (Banned players, withdraw submit, Terms of use ) 8️⃣ Bugs of the game (Dev team) 9️⃣ Live questions 🔟 Final speeches (Price estimates, long-term, reminding PvE & PvP & Guild system)
🟢 The best part of the user preference in this AMA would be the news of the release of Version 2.0 where everyone can access the new game features such as Stone Mine, Iron Mine, and barracks. But, you should know that the path we all stepped in will be unique! Yes, It may have upsides and downsides, but from a long-term point of view, “Chain of Legends” will definitely be the greatest hit in the history of #P2E games! As we have planned our game to last long until at least 2034. So, loyal and true believers should stay to the end of this journey and benefit from the price growth and the game’s new features.
🟢 Therefore, we go toward the first and most remarkable event of recent days which was the 1st Token Burn of #CLEG. Hmdrz, would you please explain the event to our community?!
🟣 Hello everyone! This is Hmdrz. I’m the content manager of the team and I’m here to answer all your questions and describe our plans and events to you.
🟣 As you know, we already launched the game on July 13th. But, our IDO finished on July 15th on the pinksale and the pool was created. A question that came to everyone’s mind was that “There is an aggressive token burn system that burns 70% of all tokens that players spend inside the game, and it was already mentioned in the whitepaper, when is that going to happen?” To answer this question we decided to burn 70% of tokens on almost the 15th of each month, the same day IDO happened and the pool was created. The aggressive token burn will help the price of #CLEG to remain valuable and not fall into a downtrend path because of too many withdrawals. So, a few days ago, our first token burn took place on August 15th. A total number of 14.5M CLEG got burnt. You can read about the details of this event on the link below:
This regular event at least keeps the price of CLEG in the support areas such as the IDO price. This procedure also reduces the supply of CLEG while the demand for CLEG stays the same or even increases!
The subsequent token burn events will also occur on the 15th of each month.
🟢 That’s great! Thanks for the explanation!
🟢 Let’s go to the next topic which is the explanations about the game. Would you please describe a bit about the Upgrades, Repairs, and Cycles? Because it answers a lot of questions of the community!
🟣 Sure, why not! We are here to solve the dilemmas and obstacles of our community. In order to describe all the events of the CLEG Mine, I have to make it clear once again that Chain of Legends is a strategic game that you need to build your way up by the different decisions you make for your income and like a real-life decision, it might end well and provide lots benefits for you, or lead you to waste of time because of making bad decisions. You may wonder how! I’ll explain it right now. Upgrading the CLEG Mine is like an investment in your saw! The more you invest in it, the easier your job gets. Especially when you buy a chainsaw. In this example, the good quality chainsaw is a CLEG Mine level 7 or 8. Because it Mines lots of CLEGs out of the lands per day, thus you’ll earn way more than a CLEG Mine level 2 or 3. It’s true that the repair cost gets higher, but it’s totally worth it. Upgrading to the maximum level is like digging a deep oil pit. It cost a lot at first but makes you rich in a concise time after launch. The details on the Repair cost of each level are right in the whitepaper, building section.
🟣 Although, these numbers get decreased by a “Demand & Supply” system called “Mining Cycles” that reduces the supply of CLEG over time. You may already know that when a cycle ends and the new one begins, the resources, the capacity, the Repair cost, and the production rate of all players get cut down by 5%. So, producing CLEG will get slower over time! This is how it works, and you should strategize how much you like to invest and how much you like to earn.
🟢 That was an excellent explanation, thanks!
🟢 There is a new concept on our Discord server and many people don’t know anything about it. Mahdi, would you mind talking us through “Honor Badges”?! What are they? Or what are they good for?
🔴 Hello fam, Nice to meet you all. This is where it gets interesting and gives us all hope to go forward. These “Honor Badges” are designed in a perfectly localized way so that our active members of the community get higher ranks and receive more precious badges as a reward for being active. These badges got inspired by Medieval titles and names. They are sorted out from 1 to 8 as “TenderFoot”, “Greenhorn”, “Journeyman”, “Master”, “Chieftain”, “Epic”, “Mythos”, and “Legend”.
🔴 If you wanna know what they are good for, I should say that we have very amusing plans and contests in the upcoming months including “The Beta phase of Version 2.0” of the game! There will be charming rewards for those who participate. But, it is going to be limited and only a unique active part of our community is allowed to participate in it. We will choose among the highest Honor badges. So, go for it and stay active and supportive. This will undoubtedly get rewarded!
🟢 Well said! My advice to you guys is to get high badges. They really seem interesting.
🟢 The next topic to discuss is the sweet subject of “Income”. Our community obviously cares about income. It’s passed more than a month since the launch of the game. Mahdi, What are all the ways that people can earn income?!
🔴 Income in “Chain of Legends” Version 1.0 depends on various criteria. A few variables like CLEG Mine level and land type affect your income directly.
But, to talk generally, players can earn income by simply joining the game and buying a desert land that is free. They could also deposit an amount of CLEG, buy richer lands with a bonus production rate, and earn faster than others. This is the very basic way to earn income through playing “Chain of Legends.”
Another way besides mining is Trading. There are lots of players who earn income through buying and selling various lands. (Consider that selling lands in the marketplace has a 5% fee that gets deducted from the selling price)
The third way to earn an income is through our Referral program. You can earn easy money by referring your friends or family members to play our game. This way you will earn income from various actions they do inside the game. To read the details of our Referral program, go straightly to the whitepaper, Free-to-Play section. (Consider that creating multiple accounts and referring them to your own main account is an act against our rules and these accounts will get suspended eventually)
There was a way for early investors to earn income through #NFT boxes. Early players took a decent advantage of them and earned profits by unboxing them inside the game or simply trading them in a third-party marketplace. Not many of them exist now!
You can also calculate your #ROI by the modified calculator on the website. Choose your preferred lands and CLEG Mine level and estimate your monthly revenue.
To give you a perspective about the income in the next version of the game which are PvE mode, PvP mode, and guild system, I should say that the income is way more than the Mining section of Version 1.0. But, you need to be good at gaming and battles to earn a very good income out of it.
🔴 I think that would be all about the income!
🟢 Ohh, Ok. That was fascinating! Players really should try them all I guess.
🟢 Let’s move to the next topic, everybody! Withdrawals! Hmdrz, part of our community is confused with the withdrawal requests that why don’t they receive them instantly? Or why does it take so long to reach their wallets?
🟣 Well, we have already talked a lot about this section to our community and sent many messages and announcements about it. Withdrawals take at most 24 hours for us to handle. But, there are many players who receive their CLEGs in less than a few hours. So, you need to be patient about withdrawals. This amount of time is spent on evaluating the authenticity of the requests. Everyone should know that this procedure prevents multi-owners to damage our ecosystem. So, being patient never hurts!
🟢 Then what about the players who get banned during this process?! What should they do?!
🟣 Well there are two types of players who get banned after withdrawal requests. The first type is multi-account owners. They should send an email to “[email protected]”. These people can have only one of their accounts back after doing a KYC verification. The second type is true fans of the project who somehow got connected to the multi-owners. These players may also get banned, but no worries! They should also send an email to “[email protected]” and the KYC verification might not be necessary for them.
🟣 I suggest that our players need to read our Terms of Use section on the website. This will prevent many obstacles to happen to the players if they follow the rules.
🟢 Ok, sure! Everybody, please pay attention to the rules and don’t fall into trouble.
🟢 As the final step, we attend a bit to the bugs in the game. Mahdi, why do people experience lots of bugs?!
🔴 Ahhh, bugs! I have to confess that we faced various bugs and fixed them all. But, our game is very young and we have passed around 35 days since the Game’s launch. Most of the games experience a series of bugs and it’s totally a natural thing to happen. Our community has to know that the Devs are working relentlessly to make things happen and fix the bugs. We are also proud to say that “Chain of Legends” is among the few games that were able to launch the game in a considerably short time. So, it’s promising news that we actually offered a product to the community and not just hollow promises!
🟢 Alright! Let’s all be cooperative and not disturb devs with repetitive tickets!
🟢 Now, It’s time for answering the Live questions of the community!
🔹 When Version 2.0 will be available? 🔴 Version 2.0 of the game will hopefully start to get released by the end of Q3. We will release it step by step. For example, in the first week, we will release the “Stone Mine”. Then the next week, we will release the “Iron Mine”. Then the week after that, it will be the time to release Barracks. So, the procedure of version 2.0 is going to be like that!
🔹 How many accounts can we use? 🟣 You can only use one account per person, as mentioned in the Terms of Use. But, we have allowed you to manage 2 more accounts for your parents or your siblings. This exception is made for those who can’t use or are not able to play the game on their own. In this situation, you can manage an account for them!
🔹 Name one reason that players prefer playing “Chain of Legends”? 🟣 Scarcity would be the best response! The more we move forward, CLEG and NFT lands get scarcer than before. This means lots of Demand and short supply which means a rise in the price.
🔹 Differences between COL & other games?! 🔴 We actually care about the community and designed a game suitable for small and medium investors
🔹 Plans to acquire new users? 🔴 We have acquired plenty of players at the beginning of the game! So, we’ll let the referral program work on its own for now. But, we will definitely do marketing in case of necessity!
🔹 How the population of players has changed? 🔴 Actually, people join and leave every day. It’s just like a live exhibit, some people leave, but new players join the game!
🔹 Management is building a system to operate with fees? 🟣 As mentioned earlier, there is a marketplace fee for all sell orders that occur. Also mentioned earlier that 70% of all of the CLEGs that players spend in the game get burned once a month. The other 30% returns to the reward pool and becomes the foundation of all of the prizes and the economy of the game!
🟢 Very nice questions and very perfect answers!
🟢 Last words: I suggest you all upgrade your Mines as high as you can to get prepared for the V 2.0 of the game and its surprises.
The Cryptocurrency industry is a fast-growing one among them all. Innovative corporations usually try to merge their products with this evolving trend every day. The gaming industry is one of them. Corporations and startup firms combined their gaming ideas with monetizing formulas based on Blockchain technology.
The Play-to-Earn (P2E) concept is what is trending these days and the IDO of Chain of Legends is the hot topic of the day!
As we enter the GameFi age, “Chain of Legends” is aiming to become the leader of the P2E industry on the Binance blockchain. As our slogan claims, Chain of Legends is the #Bitcoin of crypto games. But we are well aware that it’s not an easy goal to achieve due to the presence of titans like “Axie infinity” and “Sandbox”. “Chain of Legends” is poised to present a solution for the most crucial issues of blockchain games, which are high inflation and countless NFT minting, And is planning to launch a successful Beta Testnet and IDO in JUNE.
WHY $CLEG?
“Chain of Legends” is a very promising corporation with expert team members who are trying hard to fulfill the project’s purposes. Genuine projects never hide their identity. Anyone can effortlessly meet up with each of them on the LinkedIn account of the project. Its goal is to serve its community by offering a very amusing #P2E game and good services on social media.
With its powerful flawless Tokenomics, it is trying to present a decent economic game for small and medium investors with a reasonable uptrend price movement for both early players and investors. The deflationary system of Tokenomics and its token burn system won’t allow the $CLEG’s price to experience severe dumps or pumps! But by doing a simple Math, early players and investors can earn up to 90% net profit (ROI) in 33 days. It is a huge ROI, yes. But it won’t remain the same. As the game goes forward, thanks to the Mining limits & Mining cycles, the yield of the players reduces over time. The scarcity of $CLEG will also maintain the value of NFT lands and the financial gain of the players and investors.
“Chain of Legends” has also agreed with XT centralized exchange (https://www.xt.com/) on the launchpad services and listing $CLEG on their platform. According to the Road map, it is an achievement that is acquired before the due time. Promised for Q3, but fulfilled at Q2!
The $CLEG IDO
The $CLEG primary IDO will be held on Liquidifty in June. Here’s what you need to know to prep:
That’s a question that always comes to mind while encountering a great project. The fact that everyone likes to be part of a trustworthy or powerful project always pulls the trigger of enthusiasm to become a follower, or more than that, to become a whitelist member and investor of that project. That’s why people always seek to have privileges against most of the people. Getting Whitelisted is one of those situations that eager people always look for.
What are the advantages of getting whitelisted?!
How to Get Whitelisted in Chain of Legends – Steps and Benefits
Whitelist Advantages
One of the advantages of getting whitelisted is that you will have earlier access to the information and the news of the project rather than other common people in our community. On the other hand, you will be on priority for every special NFT sales, IGO, discounts, or next campaigns.
In this special event of NFT pre-sale, only those who get whitelisted can purchase special Genesis Boxes of our lands, and after the Game launch, no one is able to buy lands on the website until the first mining Cycle finishes. But the Marketplace trades will be available in that period.
“Chain of Legends” Whitelist qualifications
The fact that you have chosen us to be a part of our community and get into our whitelist is very adorable and so much appreciated by us. This shows that there’s a connection between our community and us, and we all are pursuing a meaningful goal that is growing together.
So, here we have provided a list of things you can do to get whitelisted. The more entries you can accomplish; the more chances you will have to get whitelisted.
Then How can I get Whitelisted?!
Possible Entries:
Our goal is to expand our loyal community. So you can have any kind of creativity beside all the ways below in this path:
Participating in all of the running competitions and the competitions to come, like bounties, giveaways, polls, criticisms, invites, and so on.
Joining the COL-club. The “COL-club” is a special channel for our loyal members who like to cooperate with us. In order to be an active member of this club, you can use your time and creativity to help us in expanding our community
Leading communities by making channels and Advertising or talking about “Chain of Legends” in other social communities
Reaching at least level 5 in our Discord server. Observe your improvement in the level channel and also try to raise your level by being an active member
Starting practical and useful discussions in Discord channels or main server chat
Talking about our proj<mark>ect</mark> in your personal Twitter or Telegram channel with followers over than 3k (using practical Hashtags and tagging us and your friends)
Writing a sincere article about “Chain of Legends” and publishing it on various social media
Using photo, logo, or the designs of the project for your profiles
listening to pieces of musics that you think are somehow related to the game and your feelings
Again, any special creativity will be accepted and appreciated
SELF-NOMINATION
There is a verification process for the entries you have done and get verified. In order to do that, you should go to the Discord server self-nomination channel, send a ticket with the Bot and send all the screenshots that you have provided for us. So you can get qualified for the Whitelist.
Doing only one of the entries above may lead you to get whitelisted, but obviously using multiple entries will put you at the Top of the list
More articles are about to get published, stay tuned …
