Everything You Need to Know About BLOCKLORDS Token $LRDS

Discover $LRDS, the native token of BLOCKLORDS. Explore its utility in gameplay and governance, long-term sustainability, and strategic distribution.

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Eliza Crichton-Stuart

Head of Operations

Everything You Need to Know About BLOCKLORDS Token $LRDS

BLOCKLORDS, a medieval grand strategy MMO, has introduced its native token, $LRDS, to support its in-game economy and long-term development. The $LRDS token, with a total supply of 100,000,000 on the Ethereum network, is designed to integrate into both gameplay and governance aspects of BLOCKLORDS.

The tokenomics are structured to ensure sustainability and reward active participants through strategic allocation and a 10-year vesting schedule. This setup allows players to earn rewards, make in-game purchases, and contribute to the game's evolution, promoting a stable and engaging ecosystem.

Everything You Need to Know About BLOCKLORDS Token $LRDS

The $LRDS Token

First, What is BLOCKLORDS?

BLOCKLORDS is a player-driven MMO medieval grand strategy game that allows players to shape the world and narrative through their decisions and skills. Offering various playstyles such as farming, fighting, resource management, and ruling, BLOCKLORDS provides a comprehensive gaming experience. With the new Dynasty expansion on Base, the L2 blockchain, players can expand their empire and earn rewards.

Newest Features in Blocklords Dynasty

Dynasty introduces several new features. Players start with a Hero, beginning the creation of a powerful Dynasty. The introduction of Hero-permadeath adds strategic depth, where every decision impacts gameplay significantly. This emphasizes tactical decision-making and the value of Heroes as crucial assets. The main BLOCKLORDS game is still available to play in early access on the Epic Store.

Introduction to $LRDS and Its Utility

$LRDS serves as the native token within the BLOCKLORDS universe, essential for both gameplay and governance. It rewards strategic gameplay, facilitates in-game transactions, and empowers players to influence the development of the BLOCKLORDS ecosystem.

Utility of $LRDS

  • Gameplay Rewards: $LRDS is earned through strategic actions such as resource management and battlefield tactics, rewarding smart gameplay.
  • In-Game Purchases: Players can use $LRDS to purchase influence, allowing them to buy in-game items like season resource packs, exclusive Heroes, and time boosts, enhancing their gaming experience.
  • Governance Participation: Holding $LRDS enables players to participate in community voting, influencing game development and narrative decisions, and ensuring a player-driven game evolution.
Everything You Need to Know About BLOCKLORDS Token $LRDS

Token Utilities

Benefits of Locking $LRDS

  • Influence Rewards: Continuous influence is earned by locking $LRDS tokens.
  • Node Reward Program Eligibility: Locking $LRDS ensures participation in the LORDCHAIN Node Reward Program, offering exclusive rewards and benefits.
  • Enhanced Gameplay: Influence earned from locking $LRDS can be used to purchase in-game items, and resource packs, and participate in limited-time events, enriching the gaming experience.
Everything You Need to Know About BLOCKLORDS Token $LRDS

Token Allocation

$LRDS Token Allocation

  • Community & Ecosystem (36%): Dedicated to community initiatives, game rewards, Gamedrops, LORDCHAIN incentives, and overall ecosystem growth to ensure active participation and engagement.
  • Investors (31%): Allocated to investors for their contributions to the development of BLOCKLORDS.
  • Marketing (10%): Supports ongoing marketing efforts with premium partners to expand the BLOCKLORDS ecosystem and its games.
  • Advisors (10%): Ensures that advisors' expertise in guiding BLOCKLORDS is recognized and valued.
  • Liquidity (3%): Reserved to provide liquidity on exchanges, ensuring smooth trading and deep order books for $LRDS.
  • Foundation Reserve (10%): Acts as a buffer to support future developments and address unforeseen challenges.

BLOCKLORDS has also earmarked 3 million $LRDS for GameDrops, reinforcing its commitment to widespread token distribution and rewarding its most dedicated players.

Everything You Need to Know About BLOCKLORDS Token $LRDS

GameDrops

$LRDS Token Vesting Schedule

The vesting schedule for $LRDS tokens is designed to align incentives with the long-term goals of BLOCKLORDS. The 120-month vesting period builds trust and commitment within the community, tying token release to long-term milestones. This ensures a stable and dedicated team focused on sustained growth and innovation.

Everything You Need to Know About BLOCKLORDS Token $LRDS

Vesting Schedule

Final Thoughts

In conclusion, the $LRDS token is central to the BLOCKLORDS ecosystem, providing both gameplay benefits and long-term value. Its structured allocation and long vesting period are intended to support a stable and active community.

$LRDS allows players to earn rewards, make in-game purchases, and participate in governance, thereby contributing to the ongoing development and stability of the game. This approach ensures that $LRDS will play a meaningful role in both the immediate and future success of BLOCKLORDS. More information is available here.


updated:

July 25th 2024

posted:

July 24th 2024

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