15.1 C
London
Tuesday, June 18, 2024

Chain of Legends Ico Review: It Is Legit Or Scam Ico? Read Our Full Review

- Advertisement -
binance 728x90 banner

About Chain of Legends

Chain of Legends” is a true Play-to-Earn game with strong Tokenomics that ensures players and investors earn reasonable profit while they have fun playing Chain of Legends. The Game has various parts: Mining, Adventures, PvP Battles, Guild Wars, etc. These parts have various difficulties, profits, and risks at the same time. Mining is the safest part, while PvP battles and guild wars need more strategies and teamwork to achieve victory and earn a valuable prize.

ICODETAILS
Company NameChain of Legends
Token SymbolCLEG
Token For Sale3,510,000 CLEG
Ico Price$0.008000
Fundraising Goal$28,800
Personal Cap0.1BNB-10BNB
AcceptBNB
AccessPublic
Initial Supply100,000,000 Tokens
Total Supply1,000,000,000 Tokens
WhitepaperClick Here To View
WebsiteHomepage

Price Stability

They are using many mechanisms to control the price and reduce pumps, dumps and continuous price decline that has happened to some blockchain games.

Aggressive Token Burn

70% of all the tokens that players spend in the game will burn and the remaining 30% will move back to the reward pool. The last token will be mined in the 2034 year or later. After that, we use the reserved token pool to continue the game’s economy.

Mining Limits

Compound Interest is the biggest issue in blockchain games. In the beginning, players with little investment, reinvest their income into the game which is good for the game’s economy. After a while, they will reach an enormous income that grows faster than the community. And when they start cashing out, it will cause the token price to decrease continuously.

To prevent this issue and control token supply in the market, they generate limited lands to mine per day. So, there are limited tokens to mine every day like most blockchain coins. If all available lands get sold out, Players have to place bids for the next land so players have to pay more tokens to own a land to begin mining. This will increase the demand for the token and decrease its supply.

Free to Play

Players can play or even earn game tokens without investment in various ways including:

Free Mining

Each player has a free CLEG Token Mine with level 1 also there is a free NFT land in the marketplace called “Desert” that players can start mining without investing. When a player mines up Desert land tokens, he/she can get another free Desert land from the Marketplace, again and again.

Referral Program

By referring your friends to the game. With our unique referral program, you can earn lots of money. You can get your referral link in the

“My Referral” section and share it with your friends. there is a page where you can monitor your referral stats. You can also get multiple referral links and have separated referral stats on each link.

Get 100% Bonus!

Exclusive bonus for PinkSale launchpad participants. You will get up to 100% of your participations as bonus in form of Lands. you can earn $CLEG tokens from these lands.

Play To Earn NFT Game

High monthly income, Deflationary system like $BITCOIN, mechanisms to control the price movements, Along with Mining cycles to controll “supply and demand” of the market.

Play For fun

Various buildings, and heroes with valuable upgrades, NFT weapons, dungeons (PVE), treasure islands(PVP), epic battle system and many more amusing features.

The Leadership Team

The team always plays an important role in the success of a project. As a team, they have been working with highly experienced people in their own field of expertise.

Resources

CLEG Token

CLEG is the main game’s token that you can obtain from exchanges, or mine it with CLEG token Mine and Lands. CLEG is in-game currency and you need it for buildings and upgrades, training troops, trading in the marketplace, etc.

Stone

Stone is required to build and upgrade iron mine and barracks. Stone is also required to build a catapult for your troops. You can obtain stones from the marketplace or mine them with the stone mine.

Iron

Iron is required to build and upgrade barracks. Iron is also required to train many of troops. You can obtain Iron from the marketplace or mine it with the iron mine.

Buildings

Resource buildings help you to gather CLEG tokens, Stone, and Iron to make your progress in the game. Resource buildings have Health. They lose 2 HP per day and will stop working when their HP reaches 0. You can repair them by paying the game’s token. Buildings Lose 5% of their performance by losing every 20 HP. The repair cost to recover 100 HP is 50% of the building value (the cost to build and upgrade the building to reach the current level).

Lands

You need lands to place your buildings and start earning resources. Each land has limited amounts of resources. When the resources of a land finish, the land will disappear, and you have to find a new one. Lands are limited to the reward pool. They will be distributed to the users over time. To control inflation, the reward pool’s tokens will get decreased when more users extract land resources, hence land distribution will get slower. This will help users’ assets to always remain valuable.

- Advertisement -

Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

LATEST PR
- Advertisement -binance
Related Articles