📌 The #CLEG spent by players in the game from March 15th to April 15th was burnt.
Another 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 834,691,232 $CLEG! 🤩
✅ In this event, 70% of the CLEG that players spent in the game, approximately 13,804,841 CLEG ($66,668.69), got burnt successfully!
🏳️ #ChainOfLegends Ship anchored in the 9th harbor. It will pass more and get closer to the final destination! 🪩
📌 The #CLEG spent by players in the game from February 15th to March 15th was burnt.
Another 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 848,496,073 $CLEG! 🤩
✅ In this event, 70% of the CLEG that players spent in the game, approximately 15,797,984 $CLEG (117,000 USD), got burnt successfully!
🏳️ #ChainOfLegends Ship anchored in the 8th harbor. It will pass more and get closer to the final destination! 🌐
— — — — — — — — — — — — — — — — — — — — — — 🗣️ In case you are interested in details
— — — — — — — — — — — — — — — — — — — — — — — — — – 🗳 #ChainOfLegends DAO operates similarly to a decentralized governance model, where all major decisions are made through a transparent voting system. Members of the DAO can vote and implement changes to the platform, making it truly community-driven.
The goal of this DAO is to increase the potential of the game and to make it prepared to attract more players to the Dungeons. Another goal of this DAO is to make it more attractive for players to have something to do every day in the game and to play more frequently!
Read to the end to meet the options of this DAO 👇
⏰ Date & Duration: Monday March 13th, from 00:01 AM to 23:59 PM
This system will work in a way that considers the benefits of the investors to the extent that the long-term investors (high-level Buildings) will have more impact on the decisions that are about to be made.
❇️ The votes of players have value in the #DAO system, and it will always be like this:
🔹All Level 1️⃣ Building’s vote, has 1 point value 🔹All Level 2️⃣ Building’s vote, has 2 point value 🔹All Level 3️⃣ Building’s vote, has 4 points value 🔹All Level 4️⃣ Building’s vote, has 8 points value 🔹All Level 5️⃣ Building’s vote, has 16 points value 🔹All Level 6️⃣ Building’s vote, has 32 points value 🔹All Level 7️⃣ Building’s vote, has 64 points value 🔹All Level 8️⃣ Building’s vote, has 128 points value
⭕️ Example: A player with a CLEG Mine level 7, Stone Mine level 3, Iron Mine level 5, and Barracks level 8, has a total point of (64+4+16+128= 212)! It means that his vote will be counted 212 times.
🤔 How to participate in the Dungeon #DAO Poll?
(13 March 2023)
— — — — — — — — — — — — — — — — — — — — — — — — — — — – 🔜 You can always participate in all our DAO decision-making by clicking on the 🟧 orange bar at the top of the game’s webpage or by clicking on the link below! 👇
— — — — — — — — — — — — — — — — — — — — — — — — — — — – ✅ The Dungeon DAO will be held starting Sunday 03/13/2022, and will be available only for 24 hours! 🗳 All players who want to have a role in the game’s future should Vote during this time!
📊 If the poll results end with either one of the options, we’ll initiate updating the Dungeon mechanisms in the following days of the Poll!
📊 OPTIONS of the Poll
Cut Travel Time, Dungeon Rewards, and Troops Drop Chance in half.
Stabilize Travel Time on 2 days | Variable Dungeon Rewards
Stabilize Travel Time on 1 day | Cut XP & Reward Troops chance in half | Variable Dungeon Rewards
Let everything remain intact.
🤔 What does each option indicate?!
Option 1: If players choose this option, the Travel time basis decreases to 1 day, the Dungeon Rewards decreases to half of the current amount, and the Troops’ Drop chance reduces to 5% for Goblins and 0.5% for Dragons. The advantage of this option is the shorter routine that players will experience. But, the disadvantage of this option is that the Travel Times will rise again as soon as there is an over-crowd requesting a Dungeon! It also will end up with increasing the number of healing times.
Option 2: By choosing this option, the Travel times stick to 2 days. But, the thing that changes would be the Reward amount. If the players who request a certain Dungeon difficulty exceed the normal amount, the Travel Time doesn’t increase, but instead of that, the Reward amount decreases respectively. This option could be more profitable for players than all other options in the long term. It will increase the engagement of players with the game, the number of gained experiences, and the Drop chance of Goblins & Dragons! But, there is also one disadvantage of increasing the number of healing times. It’s obvious that this increase will be less than the increase caused by option 1!
Option 3: In case of getting selected, the Travel Time sticks to 1 day and won’t change anymore. But, the thing that changes downward will be the Rewards of the battle according to the number of players. The amount of Rewards will depend on the number of players who request a certain Dungeon type. To talk about advantages, we should say that players can once again play more frequently and gain more experience and Drop chance, but they should also wait more frequently for their troops to get healed, and it will definitely be more than option 2! It should be noted that the XP and Drop chance of troops will be cut in half.
Option 4: If the community is unwilling to any changes in the game, everything will remain intact and the game continues as it is right now.
— — — — — — — — — — — — — — — — — — — 🎊 Option 2 Won the DAO 🎊
DAO is over & Option 2 got to be the most selected option among all Options. With a 40% of total 18k vote points, Option 2 was chosen by the majority of players. Although, there was a difficult challenge between Option 2 & 3, finally Option 2 got ahead of the other one.
🙏 Thank you all for your warm participation in your own game’s DAO. We truly wish the bests for our community and we hope that these changes make it a more amusing game along with its precious income!
— — — — — — — — — — — — — — — — — — — ✅ The changes will be applied in upcoming days and will be announced through our social media
🎯 The #CLEG spent by players in the game from October 15th up to November 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 930,487,918 CLEG! 🤩
✅ In this event, 70% of the CLEG that players spent in the game, approximately 18,264,609 $CLEG (152,000 USD), got burnt successfully!
🚢 #ChainOfLegends Ship anchored in the 4th harbor. It will pass more and get closer to the final destination! 🗺
— — — — — — — — — — — — — — — — — — — — — — 🔹 In case you are interested in details
Token burn is an activity of burning a special part of the tokens or more technically sending them to the Null address! This means that the total supply of the token reduces after each burn. This procedure happens each time for CLEG on the 15th of each month, and 70% of all CLEG players spend inside the game get burned during an aggressive token burn event. It all started on August 15th, one month after the game’s launch. The total supply of CLEG was 1,000,000,000 CLEG. Now, after 3 successful consecutive burns, it reached 948,752,527 CLEG! These burns are the first simple deflationary method that our tokenomics endure maintaining the value of the token by decreasing the total supply. But, having a regular token burn system is also more effective than having a few total major burns.
2ND CLEG Burn 3RD CLEG Burn
https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FLB7gPj8vFmo%3Ffeature%3Doembed&display_name=YouTube&url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DLB7gPj8vFmo&image=https%3A%2F%2Fi.ytimg.com%2Fvi%2FLB7gPj8vFmo%2Fhqdefault.jpg&key=a19fcc184b9711e1b4764040d3dc5c07&type=text%2Fhtml&schema=youtube🔥🔥 #CLEG Token Burn / Second batch 🔥🔥
✅ 2ND CLEG Burn
🎉 The 2nd token burn took place on September 17th and we burnt the #CLEG that players spent in the game from August 15th up to September 15th 🤩
🎯 This phenomenon 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 965,983,365 CLEG!
✅ In this event, 70% of the CLEG that players spent in the game, approximately 19.5 M $CLEG (175,000 USD), got burnt successfully!
🚢 This was the second port of #ChainOfLegends Ship and we’ll pass more of it each month, and each time we get closer to the destination! 🗺 — — — — — — — — — — — — — — — — — — — — — — 🔹 In case you are interested in details
https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FB-0fl7tzu-0%3Ffeature%3Doembed&display_name=YouTube&url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DB-0fl7tzu-0&image=https%3A%2F%2Fi.ytimg.com%2Fvi%2FB-0fl7tzu-0%2Fhqdefault.jpg&key=a19fcc184b9711e1b4764040d3dc5c07&type=text%2Fhtml&schema=youtube🔥🔥 #CLEG Token Burn / Third batch 🔥🔥
✅ 3RD CLEG Burn
🎉 The 3rd token burn took place and we burnt the #CLEG that players spent in the game from September 15th up to October 15th 🤩
🎯 This phenomenon 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 948,752,527 CLEG!
✅ In this event, 70% of the CLEG that players spent in the game, approximately 17.2 M $CLEG (108,000 USD), got burnt successfully!
🚢 This was the third port of #ChainOfLegends Ship and we’ll pass more of it each month, and each time we get closer to the destination! 🗺 — — — — — — — — — — — — — — — — — — — — — — 🔹 In case you are interested in details
Almost 3 months have passed since the launch of the 1st version of the game, the mining section. The journey had lots of ups & downs. The players and investors got on board the “Chain Of Legends” ship along with us on this amazing path, looking forward to what lies ahead of us, the bright future of #CLEG by the warm welcome of the good supportive players of Chain Of Legends to their own #P2E game.
Now, we have reached the point that the whispers of the next game’s version, the #PvE mode (the Adventure mode) are getting heard. So, we should be prepared for what comes upon us by reading this article to the end.
The Stone Mine The Iron Mine The Barracks The Adventure Mode PvE Beta Version
PvE Mode (Adventure Mode)
The Stone Mine
🗻 Stone Mine Quarry 🗻 🧨 The quarry of all types of Stone
The first step of Version 2.0 would be the release of the Stone Mine. For building a Stone Mine, you need to pay 400 CLEG and wait 12 hours for the construction time. Then, your Mine gets ready to extract 100 Stone per day from your lands.
Then, for upgrading and mining faster, you should upgrade it to level 2 by paying 400 CLEG + 400 Stone as an upgrade cost and a 24 hours construction time. That way you’ll produce 190 Stone per day.
⚒ Mine deep and crush the stones, then shape them in the proper way for building the Iron Mine and the Barracks
🏛 Build the basis of your empire on pillars of stone, and show your enemies the true power and the solidity of your fortress.
Stone Mine
Iron Mine
💥🎊 Unveiling #Iron Mine 🎊💥
🏕 It is meant to be used in building Barracks, to fortify the armor of your Heroes (🛡), and forge them into weapons (⚔️)!
🏰 For building an Iron Mine, you need to pay (500 CLEG + 500 Stone) and wait 12 hours for the construction time. Then, your Mine gets ready to extract 100 Iron per day from your lands. 💰 So, save up your CLEG and wait for the Iron Mine to get ready to initiate Mining.
Then, for upgrading and mining Iron faster, you should upgrade it to level 2 by paying (500 CLEG + 500 Stone + 500 Iron) as an upgrade cost and a 24 hours construction time. That way you’ll produce 190 Iron per day.
👷🏻 Excavating deep into the heart of lands to extract precious metal buried in the deep layers of the lands! 👷🏻♀️
Iron Mine
Barracks
🏰⚔️ Barracks & Legends ⚔️🏰
🏕 Barracks are meant to be used for training and healing troops! 🏰 For building a Barrack, you need to pay (1000 CLEG + 1000 Stone + 1000 Iron) and wait 12 hours for the construction time. Then, your Barrack gets ready to train your heroes. The barracks at level 1 have 5 spots capacity for your troops and can heal 240 HP per day for all of them (240 / 5 = 48 HP/Day for each troop).
Upgrading the barracks to level 2 will help you increase the capacity of your barracks from 5 spots to 7 spots and doubles your HP regeneration from 240 to 480 HP per day. You should pay (1000 CLEG + 1000 Stone + 1000 Iron) as an upgrade cost and a 24 hours construction time.
That way, you will also get an additional bonus of 10% for your Heroes’ Damage, Armor, Magic Resistance, and Healing Power.
🔥 We’re seeing a complete breakdown of law and order. The army is holed up in its barracks or its bunkers! 🔥 Are you the legend who can replenish the spirit of the soldiers?!
Barracks
The Adventure Mode
The following photo is the initial design of the “Adventure” Mode. By clicking on the Adventure button, you’ll be able to see a module on a new page. You must set the difficulty of the adventure based on your skills and your troops’ level. There will be eight difficulty modes. The second mode is twice hard as the first mode, and its rarity is half of the first mode. This formula works the same way on all of the modes.
For instance, in the easiest mode (difficulty = X ), there are 640 dungeons to explore. But, in the second easy mode, the difficulty would be 2X, and there will be 320 dungeons to explore. And in the third mode, the difficulty would be 4X and 160 dungeons to explore and fight.
<mark>The adventure might last from 1 day to a few days, based on the number of players! So, try to be patient about it because the rewards will be very intriguing!🤩 You’ll be able to earn CLEG and the possibility to capture Goblins and Dragons and obtain battle NFTs</mark> (coming soon)!
In order to capture a dragon or a goblin for your army, you need to have free spots in your barrack. Otherwise, the captured creature can not be owned.
There is a feature to free up spots in your barracks, and that’s the combination of Heroes to make stronger Heroes!
The rewards, numbers, and NFTs mentioned in the following photo are NOT real and are set as an example!
Adventure Mode
Treasure Island
The concept of Treasure Island is meant to be published for PvP mode, which will be a thrilling part of the game because you will be playing against other players. A few steps after that, to take over a very resourceful treasure island, you need to “Guild up” with a few friends and attack the pre-occupied island or defend the first found island from the invaders!
PvE Beta phase
As everyone expects, there will be an amusing beta phase for our Adventure mode and eager players can join the crowd by getting whitelisted. Lots of valuable prizes are considered for the players of the beta phase.
How can I get whitelisted?! 📃 Already a bunch of active players got the ticket to the beta phase of our PvE mode. But don’t worry! There is still time! We are going to throw a few contests and campaigns in the upcoming days and we will reward the whitelist spot to the winners and qualified COL players as a prize for their efforts and support! You can find out and follow our events through our social media or by joining the Whitelist Forum and talking over it with other players with the link below: https://discord.gg/PzAuDGbukY
More articles are about to get published, stay tuned …
A review of what happened during previous days and the decisions that we had to make!
DAO 🔀 Chain of Legends The DAO System Introduction Brainstorming Call Brainstorming Results How to participate in the first Poll of the DAO?
Chain of Legends DAO System
✅🔥 #DAO 🔀 Chain of Legends 🔥✅
(23 August 2022)
Dear Community,
💚 Our dear community is much more precious to us than the project! Despite 7 years of experience in crypto projects, about 40 days ago, when we launched “Chain of Legends,” we thought it was time for us to relax. But, the burden of the tasks increased unbelievably because of a very high attention rate to the game. 🎯 In a short time, we hit the 4th rank of the Blockchain Gaming project based on True Player numbers which are precious for us. Despite all the advantages it had for our project, this enormous growth of players had a few disadvantages, like many D-Dos attacks on the server or attracting hackers and cheaters. 🍀 Hopefully, none of them, caused damage to the ecosystem, but it all consumed so much time and effort of the Devs who spent time dealing with cheaters and hackers who are trying so hard to damage the project and to take their benefits. Moreover, they don’t care about the project’s failure due to their actions and causing damage to our community members. That is why we are pretty serious about dealing with them. We have seen our community members are also trying to help us with their opinions that most of them requested the removal of free lands, which certainly is not the main problem. Because the number of free lands is limited and their value is low. The main problem is that Multi-owners use low levels of the CLEG Mine, mostly level 1, which damages the project because it is free to use! 🤔 It might be interesting for you to know that there were a few multi-owners with more than 1000 accounts and plenty of multi-owners with more than 100 accounts who got stuck into our Risk Control System! It is also fair to know that around 700 accounts of multi-owners get banned every day. These people try to cash out #CLEG resources of the game through every cheating way they can, like creating multiple accounts and extracting $CLEG or “Wash Trading” among real players in the marketplace. 😔 Sometimes, a few of our real honest players get stuck in our Risk Control System by mistake for trading or because of an unwanted connection with these cheaters, which makes us sad!
🔹 We always look for more efficient ways to decrease these mistakes. Despite the inconvenience it brings for the community members, it takes an enormous time and energy from the team. So, the Devs spent time acting against these cheaters instead of focusing on the Road Map, Development, and Updates! 🔹 We are seeking new ways to decrease the benefit of cheaters and to make it very costly for them to create multiple accounts. It is good to know that we have planned to use a system mainly like #DAO for these issues. So we can use the help of our true players for decision-making and changes.
✅📣 The #DAO System Introduction 📣✅
(04 September 2022)
⚔️ #ChainOfLegends, like many other projects and games, needs Development (adding new features) and System Optimization that was not foreseen at the beginning of the project.
🗳 Since this game is a blockchain game, we are introducing the DAO system to make such modifications based on the votes and opinions of our community members.
🎯 System introduction (Voting Values):
This system will work in a way that considers the benefits of the investors to the extent that the long-term investors (high-level CLEG Mines) will have more impact on the decisions that are about to be made.
❇️ The votes of players have value in the #DAO system, and it will always be like this:
🔹CLEG Mine Level 1️⃣’s vote has 0 point value 🔹CLEG Mine Level 2️⃣’s vote has 1 point value 🔹CLEG Mine Level 3️⃣’s vote has 2 points value 🔹CLEG Mine Level 4️⃣’s vote has 4 points value 🔹CLEG Mine Level 5️⃣’s vote has 8 points value 🔹CLEG Mine Level 6️⃣’s vote has 16 points value 🔹CLEG Mine Level 7️⃣’s vote has 32 points value 🔹CLEG Mine Level 8️⃣’s vote has 64 points value
✅ Brainstorming Call 💡
(06 September 2022)
⬇️ ⬇️ ⬇️
‼️ Outnumbered free #CLEG Mines ‼️ Vs ‼️The #Ecosystem‼️
— — — — — — — — — — — — — — — — — — — — — — — — — — — — ⛓ Currently, 19000 CLEG Mines are active in the “Chain of Legends,” of which 16300 out of 19k are at level 1. 🧐 🧮 So by a simple calculation, we can see that the sum of level 1 mine collects is more than the total collects of mine level 2 to 8 collectively! 🤯 👉 The level 1 Players didn’t invest in the game and yet they are mining the most volume of the CLEGs. This phenomenon damages the ecosystem (Economy & Community)! 💠 We have shared this matter with you and would like to hear the community’s suggestions and solve this challenge with your ideas!
— — — — — — — — — — — — — — — — — — — — — — — — — — — — 🗣 Share your ideas about this matter in the comment section! Then, we can conclude this matter.
✅ Together, We Grow ❤️
✅ Brainstorming Results
(08 September 2022)
🙏❤️ Thank you all for participating in this event and sharing your ideas with everyone! We collected all the ideas and evaluated them to check if they could help the problem and solve it once and for all. Then, we narrowed it down to a resolution that could be helpful and turned it into a practical plan described in the following passage.
— — — — — — — — — — — — — — — — — — — — — — — — — — — — ⁉️ Why did we offer free Mine in the first place ⁉️
↘️ We implemented the free CLEG Mine at the beginning of the game for early players to experience the taste of a full Free-to-Play game without any investment. This feature ended in both attracting players and facing specific problems.
👇 These are a few problems of Free CLEG Mine:
⭕️ It makes creating multiple accounts desirable (Currently, more than 60% of daily extracted CLEG came from Level 1 mines that didn’t get invested. This option helps to gain a Short ROI period (4–5 days) and makes it desirable to create multiple accounts, which is unfair to the players who upgraded their Mines. It affects the CLEG’s price negatively and increases the land price.) ⭕️ Technical team spends a lot of time confronting multi-owners
✳️ The CLEG Mine Level 1 of current players downgrades to level 0 ✳️ The new players will have a CLEG Mine Level 0 instead of a level 1 ✳️ The CLEG Mine level 0 is only compatible with Deserts! (Every new player will also receive a free desert land at the time of registering) ✳️ The player has to pay 1000 CLEG for upgrading his Mine from level 0 to level 1
🔹 Free CLEG Mine makes the game desirable with high profit to create multiple accounts. The Pay plan eradicates this problem forever 🔹 By downgrading Level 1 mines to level 0, which can only mine desert lands, the demand for land decreases. Therefore, the price of land decreases, and the profit of players increases. 🔹 Increase in CLEG’s price (by buying required CLEG for upgrading the Mine from the market)
👌 This is also an advantage for players who already paid 1000 CLEG to reach level 2. Because the new players and those who have level 1 Mine right now should pay 2000 CLEG to get to level 2 after implementing the new plan.
🤔 How to participate in the first Poll of the #DAO? 🤔
(10 September 2022)
— — — — — — — — — — — — — — — — — — — — — — — — — — — – 🔜 In the new #UI, you can always participate in all our DAO decision-making by clicking on the 🟧 orange bar at the top of the game’s webpage or by clicking on the link below! 👇
— — — — — — — — — — — — — — — — — — — — — — — — — — — – ✅ The first #Poll in the DAO, the 1000 CLEG upgrade cost for level 1, will be held starting from Monday 09/12/2022, and will be available for 24 hours! 🗳 All players who want to have a role in the game’s future should Vote during this time!
📊 If the poll results end with the “Pay Plan” implementation, we’ll start updating the website in the following days after the Poll!
— — — — — — — — — — — — — — — — — — — — — — — — — — — – ⏰ Get prepared to participate in the Poll tomorrow on Monday, the first day of the new week! ⏰
— — — — — — — — — — — — — — — — — — — — — — — — — — — — 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.
Chain of Legends NFT Genesis Boxes offer players a unique opportunity to acquire lands and enhance their gaming experience.
In order to do an Initial NFT Offering (INO), we offered NFT lands of “Chain of Legends” on our website! But, now that we introduced a couple of NFT markets before the in-game marketplace launches, lots of hot trades are taking place!
NFT Boxes contain a bunch of lands. You can trade them on NFT marketplaces.
Currently, Cycle #1 and Cycle #2 lands are released in form of NFT boxes.
Cycle #1 Boxes: By purchasing these boxes you can open them when the game launches and get 30 to 45 Lands
Privilege: Note that there will be zero “Minting” fee for opening NFT boxes inside the game!
Cycle #2 Boxes: By purchasing these boxes you can open them when cycle #2 starts (expected 10 to 30 days after the launch of the game). and get 30 to 40 Lands. Cycle #2 Box’s lands have 5% fewer resources than Cycle one’s;
The Cryptocurrency industry is a fast-growing one among them all. Innovative corporations usually try to merge their products with this evolving trend in a daily manner. 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” unless with the help of a promising community and believers. “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 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 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!
