Category: 7

  • AMA with Devs

    ✅ Chain of Legends AMA with Devs ✅

    — — — — — — — — — — — — — — — — — — — — — — — — — — — —
    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.

    https://docs.google.com/spreadsheets/d/1HdZ_zp5Y4lvopryLzjvM7ZXVjz6tnX1t7zz7jPiQkls/edit#gid=0

    🟣 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!

    🔴 If anyone ran into a problem, he should fill in the form below and wait for our team to handle their issues! By the way, sending multiple requests just make the team slower to answer all of the tickets. You need to be patient!
    https://docs.google.com/forms/d/e/1FAIpQLSemGUigKSer6-XkxVAh-4aCz9i-y4lczhP8OIPEPivK7o50lQ/viewform?usp=sf_link

    🟢 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.

    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)

  • How to Play Chain of Legends

    How to Play Chain of Legends – Wallet Connection and Land Acquisition

    We are sure that many of us are waiting for the moment that the game starts. But most of us are not well aware of how it works! So, here are a few words from the Team that will help you get familiar with the how-to-play section of the “Chain of Legends,” which is provided with Images. The good news is that the game is now LIVE on the main net

    You can pursue the following simple steps to initiate the game and start earning income:

    1. Playing the Beta version and/or the 1st version of the “Chain of Legends” is as easy as pie. In the middle of the main website ( Https://chainoflegends.com), there is a “Play” button which will lead you to the Play-to-Earn section.

    Or you can simply click on this link: Play.chainoflegends.com

    2. After that, you will see a loading page like the picture above. This window will automatically go to the next page once the loading is completed.

    3. Then, this window appears. You should connect your Metamask wallet to the game’s platform to access the rest of the game.

    4. After successfully connecting your wallet, the main page appears. This is the page where you will see collective information about your account.

    play.chainoflegends.com
    • The circle at the left top of the picture shows your Avatar, and by clicking on it, you can adjust the settings that you prefer for your profile. There is also Deposit and withdrawal page that is where you can access your financial transactions.
    • There you can see your wallet address in your profile. Two different sections allow you to easily deposit and withdraw as much $CLEG as you want. Notice that the minimum withdrawal amount is 200 $CLEG, and there is a withdrawal fee which is (5% + 100).
      For example, if you want to withdraw 200 CLEG, you will receive 90 CLEG. Because the withdrawal fee will be 110 CLEG.
    • At the top to the right of the page, you can see the amount of your current #CLEG, Iron, and stone inventory.

    5. If you want to have #CLEG in your inventory, you can always purchase them from Pancake swap or any other exchange that #CLEG is listed on by clicking on the plus button next to it.

    Or, if you need Iron and stone, you can purchase them from the marketplace by clicking on the plus button next to each one of them.

    To initiate the game and mining section, you may want to go to the Marketplace page first and buy at least one land.

    • Remember that the Free-to-Play section is always available, and you will see how it works by reading to the end of this article.

    6. By clicking on the “Marketplace” button at the bottom left corner of the page, you will get directed to the marketplace page.

    7. Inside the marketplace page, in the “Lands” tab, you can purchase and add as many lands as you want to your inventory. You can purchase each one of the Legendary, Rare, Uncommon, or Common lands or a combination of them and send them to the Mining queue. This action will get done automatically.

    • In case you have little information about the difference between all types of lands, read our previous article about NFT Lands and get well informed.

    FREE-TO-PLAY

    8. If you ever liked to taste the Free-to-Play section of the game, Dessert lands are always there for you. By clicking on Desert lands, you can add them one at a time to your account and experience the #F2P version of the game with lower mining speed. The moment the land runs out of #CLEG, you can add another one to your account. After experiencing this part, if it still didn’t please your hunger and you liked to earn more, you should try investing in other NFT lands and Mining them to earn more.

    When your purchase is completed, click on the “Home” button at the top left corner of the page to turn back to the home page!

    9. When you returned to the Home page, you can click on the “Lands” Tab in the down middle of the page, and you will be directed to the page. There you can see the list of the lands that you already bought, and they are ready in line to get mined.

    10. You can sort lands in the order that you like to get Mined. The left-most land will automatically get Mined, and once it finishes, the next land in the row will get started to be Mined. If you liked to change the order, you should simply click and drag the selected land to the left or right.

    11. Remember that all of the Miners on the Home page have a limited capacity. The moment their storage capacity gets full, the Mining process temporarily stops until you get back online and collect them. Therefore, time is always Gold. Make it count, and get online on time to collect your #CLEGs (Iron, stone) by clicking on the “Collect” button.

    12. To get more information about the status of each Mine, you have to click on them. Then, a new window pops up, and you can see extra information on the selected Mine.

    • Miners can get upgraded to have higher efficiency. There is an “Upgrade” button in the Upgrade tab, and by paying the fee, you can upgrade your Mines to levels 2, 3, and up to level 8.
    • Mines’ health also reduces over time due to working and mining, and they need to get repaired. There is a “Repair” button that you can repair your Mines to work with their full potential.

    13. You can open your NFT boxes right in the red circle button around the down-right corner of the page.

    • By clicking on the OPen NFT box button, you’ll find All NFT boxes that you have bought from Tofu NFT or Liquidifty.
    • If you have no idea about NFT boxes, Please read this article first!

    14. The “Exit button” on the Home page can help you quit the game’s Play-to-Earn page, but it won’t stop the process of Mining when you quit the game! But be aware that, Mining production stops when its storage capacity gets full. So, you should get back online before the due time and collect the #CLEG (Iron, stone.)

    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)

  • NFT LANDS of “Chain of Legends”

    Lands are a necessity for earning income. Therefore, first of all, you need to invest on the NFT lands to be able to extract #CLEG or other minerals and start your earning adventure in the “Chain of Legends” game.
    You can also get supplementary information in the Lands section of the whitepaper.

    What kind of Lands are available?!
    How many Lands are available?!!

    There are 5 types of lands available in the game:
    1. COMMON LAND: A Common land has almost 235 tokens, Iron, and Stone. Steady production rate (1400 lands available per day)

    A Common Land

    Consider that you can buy a common land for 47 CLEG and start mining. You can mine 235 #CLEG tokens from a common land in the first mining cycle of the game. Remember that the 2nd cycle’s Common land is going to have 5% fewer resources.
    After 4.5 days, the resources of your land will get completely extracted. Then you need to buy a new land to continue mining and earning.
    This way by the end of the month, your funds will get almost doubled, and you can earn up to 90% net monthly income from the initial investment on the Common lands.

    2. UNCOMMON LAND: An Uncommon land has almost 700 #CLEG tokens, Iron, and Stone. +10% earning rate. (480 lands available per day)

    An Uncommon Land

    It is the second investable land in the row that has more resources and also the privilege of faster mining speed than a Common land (Remember that despite this privilege, you can always upgrade your Mine and use a faster production rate.)
    You can own an Uncommon land by paying 156 #CLEG and mine 700 #CLEG in an almost 13days period.

    3. RARE LAND: The Rare land almost has 2800 #CLEG tokens, Iron, and Stone. +20% earning rate. (100 lands available per day)

    A Rare Land

    The 3rd investable land in the row. In this precious land, you will have the privilege of a 20% faster extraction speed. Thus, you will mine and earn more resources than the two previous lands in a similar period of time.
    672 #CLEG is the price of purchasing this land, and 2800 #CLEG is all you can Mine from the game’s token. Don’t forget to extract the Stones and Irons of this land.

    4. LEGENDARY LAND: The Legendary land has almost 14000 #CLEG tokens, Iron, and Stone. +30% earning rate. (20 lands available per day)

    A Legendary Land

    The rarest of them all. The most valuable NFT land in “Chain of Legends”. By paying 3640 #CLEG you can purchase this NFT from the website and start mining and extracting 14000 #CLEG available on this land with a 30% faster mining speed. Let aside the precious minerals.

    5. DESSERT LAND: There is also a dessert land that has only 25 #CLEG and has a -25% earning rate. (2800 lands available per day)

    A Desert Land

    And it also has no Iron or Stone. One of these lands will be awarded to each player at the beginning of the game for the “Free-to-Play” section.
    * Never forget that the lands that we introduced above, are the lands available in the 1st mining cycle. The lands of the 2nd cycle will have 5% fewer resources and mining speed. So as for the 3rd and 4th and so on.
    * So the lands of the 1st Cycle are the most precious of them all

    Why do we need lands at all?!!
    (general information about the game)

    You need lands to deploy your buildings and start earning resources. Each land has a limited amount of resources. When resources of a land get finished, you have to buy a new one. The number of lands is limited per day. They will be distributed to the market throughout the day. To control inflation, When more players extract land resources, the #P2E section of tokens will get decreased, hence the number of tokens in lands will get decreased. This will help players’ assets to remain always valuable due to scarcity.

    As long as users spend their tokens in the game, tokens will directly get transferred into the reward pool and new lands will get regenerated.

    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

  • How to Play-to-Earn on “CHAIN OF LEGENDS”

    How to Play to Earn on Chain of Legends – CLEG mining and PvP NFT gameplay

    Are you interested in playing video games, especially strategic ones, and earning income at the same time?! “Chain of Legends” has provided up to 40% net monthly income from the initial investment in the first few months. If you are interested and you don’t know how or are not familiar with the procedure, read the following article.

    If you have not read our previous article about the “Chain of legends” itself and don’t know first things about us, please read it in the following link:
    https://medium.com/@chainoflegends/the-marvelous-crypto-game-chain-of-legends-d18dc87ce5d4

    What is Play-to-earn?

    · Play2Earn means to get rewarded for playing video games. Those rewards come in the form of Cryptocurrency or Non-Fungible-Token.

    · Play2Earn Cryptocurrency: Players will get rewarded with Crypto Token. Those can be niche game tokens or known coins like Ethereum.

    · Play2Earn Non-Fungible-Token: Players will get rewarded with NFT. Token that can mirror items in games. Those can be traded on platforms like opensea.io

    * If you like to have more information about “play to earn” consider reading this article on this popular website.

    What’s the Play-to-Earn Business Model? – Play to Earn

    The Play-to-Earn business model is the latest development in the games industry. It’s a business model that embraces…

    Simple Instructions for Earning

    You can begin earning by investing for yourself starting from $9 (based on the CLEG price in the ICO stage) and following these few simple steps:

    1- Upgrade your CLEG Mine with the cost of 1000 #CLEG (It will take 12 hours to get constructed. You can finish the construction immediately by paying 50 #CLEG)

    2- Buy a common land and start mining. You can mine 235 #CLEG tokens from a common land in the first mining cycle of the game.

    *Read more about Mining Cycles.

    3- After a few days, the resources of your land will get completely extracted and it will get trashed. You can buy a new land to continue mining and earning.

    Constructing buildings and buying lands are always available on the website unless we have already reached the supply limit of the lands on that day.

    The image of a Common land in the game of “Chain of legends”

    What’s next? 🧐

    Here is where you can have two different approaches to continue:

    The first approach:

    You can go to the exchanges and directly sell all the tokens you have already mined.
    This way by the end of the month, your funds will get almost doubled, and you can earn up to 90% net monthly income from the initial investment on the #CLEG Mine and the common lands. Let aside that the Mine itself will rise in value over time.
    You can always start the game by buying more profitable lands from the website.

    *Read more about all kinds of lands.

    The second approach:

    You can use the mined tokens inside the game to build an empire and an army to go on adventures and explore the world of “Chain of legends” with the mightiest heroes that you train for your empire.

    For that matter, you should build a Stone mine first, then build an Iron mine in the next step. Stones and #CLEG are the necessity for building an Iron mine. You should know that this is a time-consuming matter, so you can always purchase the materials you need in the marketplace from other players who want to sell their extracted stones.

    Then in order to have an army, you have to build a barrack. For building a barrack you need #CLEG, Stone, and Iron. Right now, you are ready to buy and train heroes.

    After gathering a suitable army, you can go on adventures and battles to collect treasures and earn extra income.

    Play-to-earn Tokenomics

    Total Supply: 1,000,000,000 Tokens

    Initial Supply: 100,000,000 Tokens

    IDO Price: 0.008$

    As you can see here, we have dedicated almost 60% of our tokenomics to the play-to-earn section. That’s only because we want our community to have more income potential.

    Vesting tokens are locked in unicrypt platform and vesting over time based on the vesting plan. You can see more details in the Chain of Legends Token Vesting Google Sheet.

    Price Stability

    We have applied many mechanisms to control the price movements and reduce pumps, dumps, and continuous price decline. So, there is no need to worry about price declines. On the contrary, there will be a smooth uptrend for our #CLEG price in the upcoming months.

    FREE TO PLAY

    Each user can get a free mine with low mining speed and capacity. We’ve provided this option for our community to go & play the game for free, so they can evaluate every aspect of the game to see if they like the gameplay more or if the tokenomics is more attractive for them.

    To get your free #CLEG tokens, you can do the following simple steps to obtain it:

    · Daily Quests Claims

    · Contribute to marketing campaigns for airdrops and bounties

    · Refer new users and earn a percentage of their investment

    · Winning mines in NFT airdrops to earn game tokens

    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

  • The Marvelous Crypto-game “Chain Of Legends”

    Have you ever played strategic games like “TRAVIAN”? Those who played it, have been playing for a long time in the gaming industry. But here now, with the aid of new changes in the financial transactions, investments, and business models, we offer you a play-to-earn, real-time, strategic, medieval game on “Binance Smart chain”, and it is nothing but the marvelous “Chain Of Legends

    • Read to the end. You won’t regret it! 😉

    “Chain Of Legends” has a big difference from old games like “TRAVIAN”, which is the ability to earn income through playing it. Players from all over the world can join this game and by following a few simple steps, start earning income with the regulations that have been set in the game, which would be mining the valuable native token of the game #CLEG at the speed of building’s level. Obviously, if players want to earn more from mining, they should buy more resourceful lands from the marketplace and upgrade their mines ASAP.

    What are the differences? And what’s new?

    “Chain Of Legends” has a big difference from old games like “TRAVIAN”, which is the ability to earn income through playing it. Players from all over the world can join this game and by following a few simple steps, start earning income with the regulations that have been set in the game, which would be mining the valuable native token of the game #CLEG at the speed of building’s level. Obviously, if players want to earn more from mining, they should buy more resourceful lands from the marketplace and upgrade their mines ASAP.

    • For understanding the concept of play-to-earn better, you can read this article.
    • You can always read more about #Lands here in our whitepaper.
    a specific type of land

    Was that all?!

    Of course not. There are lots of features that are not revealed yet. Follow us and be the first to learn more about the project here.

    But here I’ll tell you about another amazing feature of the game. And it would be the fascinating matter of NON-FUNGIBLE TOKENS(NFTs). Yes!! That’s true! Most of the things in the game are produced as NFT. So you can always buy and sell your NFTs in the marketplace or even hold them for the future and look at them as an investment. This is where it gets interesting for investors! Because the prices rise reasonably through time due to scarcity!

    *If you have no idea what NFT is, read this article

    *You may want to read more about worthful NFTs here

    What does the “Chain of Legends” team have in mind?

    The transparency and honesty of the team will always be a great companion for the mind of players. We are always backstage, trying to resolve all of the issues of the community and improve the quality level of the game. A well-designed earning program that controls both inflation and compound interest, along with a simple interesting concept, allows players to earn game tokens while having fun playing the game. That was an important matter that we had in mind since the beginning of the project, the tokenomic that most crypto games fail to maintain, so the value of their token or NFTs gradually decreases. That’s a thing that our investors will never experience.

    If you got interested, you could read our tokenomics here.

    More articles are about to be published, stay tuned …

    👇Join us and together we grow👇

    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