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Legend of Arcadia: GimeFi and Playability Are Not Natural Enemies

Cointime Official

Project Overview

Legend of Arcadia (LOA) is a free Play2Earn card game on the BNB Chain, known for combining traditional gaming experience with the Web3 GameFi 2.0 concept. The main objective of LOA is to collect and cultivate various toy heroes (with a total of 8 professions and 6 factions) and earn rewards through gameplay.

In terms of gameplay, LOA offers multiple game modes, including PvP and PvE, which combine strategic elements and classic RPG elements. With its cartoon-style characters and game artwork, LOA provides players with an excellent gaming experience and opportunities to earn rewards.

Through LOA, players can not only enjoy the game but also increase their earnings through staking, battles, and mining. To provide players with more money-making opportunities, in addition to the standard PvE and PvP modes, LOA offers more challenging tournament game modes. Top players can earn higher PvP rewards by participating in battles, while other players can win prizes by participating in betting tournaments.

Moreover, players can not only sign up to participate in the tournaments but also bet on the participants as spectators. Winning PvP battles rewards the players participating in the tournaments, and other spectators can also earn profits by betting on the winners.

Project Ecosystem

1.     Gameplay and Mechanics

LOA primarily consists of two gameplay modes: PvE and PvP. Inspired by RPG games, LOA employs real-time combat mechanics.

Before the match starts, players can choose five heroes from their lineup to form a preset team, considering the opponents they'll face.

During the match, heroes can automatically attack and use their basic skills. To achieve victory, players must consider the relationships between heroes of different factions, classes, and positions. By combining the 8 heroes, 6 factions, and over 200 different skills, countless tactical combinations can be formed.

Additionally, users can obtain White Ore through mining and Obsidian by participating in the Arena game mode.

Initially, players can acquire some White Ore by exploring mazes or adventuring. As the game progresses, players will receive new hero NFTs to enhance their combat capabilities. They can then showcase the power of their heroes and compete for Obsidian with other players in the Arena mode, which can be used for the forging of the official token ARCA.

2.     Trading Market

1)      Transaction Fees (Upcoming)

Players can buy and sell NFT assets on the trading market. The market will charge a maximum transaction fee of 3% (depending on the player's VIP level). 40% of the transaction fees will go into a burn pool and be used for ARCA buybacks, another 40% will be rewarded to all veARCA holders, and the remaining 20% will be attributed to the team's revenue.

2)      VIP System and ARCA Token (Upcoming)

The player's return on investment period will be closely related to their VIP level and the amount of ARCA tokens they have staked. Generally, the more ARCA a player stakes and the longer their lock-up period, the higher their VIP level will be, and the shorter their return on investment period.

3)      Liquidity Pools (Upcoming)

Each liquidity pool is built on a smart contract and will automatically optimize to provide excellent yield farming strategies for users across the entire Binance Smart Chain ecosystem. Users can deposit their LP tokens into the corresponding liquidity pools, and providing liquidity to the pools will generate ARCA tokens as rewards.

Governance Model

Users can stake their ARCA tokens into the DAO (Decentralized Autonomous Organization). Based on the amount of ARCA staked and the duration of the lock-up period, users will receive a certain amount of veARCA.

veARCA represents voting power. Users holding veARCA can vote on matters related to game governance and DAO governance. Additionally, veARCA holders will also receive VIP status, enjoying dual benefits within and outside the game.

1.     veARCA Benefits

veARCA represents the staked ARCA for voting and is the governance token of LOA. It can only be obtained by locking ARCA in the staking pool. Users holding veARCA will have the following benefits:

1)      Voting rights in DAO governance.

2)      Sharing rewards.

3)      Yield boost.

4)      VIP status in the game.

2.     VIP System (Upcoming)

The VIP system aims to reward players who support the game and stake tokens. Users who stake ARCA and hold veARCA will receive VIP status in the game.

VIP users will enjoy various benefits in the game, including but not limited to increased earnings, higher daily idle rewards, four times battle speed, and the ability to skip battles.

Currently, there are 20 VIP levels. Each level has specific privileges that will be unlocked when users hold and reach a certain amount of veARCA.

ARCA Token Introduction

Players can start with the free heroes provided by the game and earn a large amount of energy and experience while experiencing the storyline. The acquired energy is used as fuel for mining White Ore, while EXP is used to upgrade the player's NFT hero showcase (slots where heroes can be placed).

To further enhance the additional attributes of NFT heroes, players may need to consume other heroes as materials. The more powerful the upgraded hero NFT, the higher its selling price on the NFT market.

Users can forge ARCA tokens using the White Ore and Obsidian obtained from the PvE and PvP game modes, respectively.

Another way to earn ARCA tokens is by actively participating in LOA governance. Players can vote, contribute to the community, and earn veARCA, which can increase yield and accelerate the ARCA rewards generated from liquidity pools.

ARCA is the governance and utility token of LOA, with a total supply of 1 billion tokens, serving as one of the incentive rewards in the game. Players can earn ARCA tokens by playing the game. Additionally, ARCA holders have the ability to vote on key issues related to the community and game governance.

The token model of ARCA is designed based on Curve's veToken model, with improvements made by LOA. The design of the ARCA token model primarily aims to achieve two main purposes.

Firstly, to maximize rewards for players providing token pairs to different liquidity pools.

Secondly, to enable the VIP system.

The veToken mechanism is based on long-term staking, which is the mainstream model for veToken at present. By locking ARCA, players will receive a certain amount of veARCA.

Conclusion

In summary, Legend of Arcadia is an innovative Play2Earn card game that combines traditional gaming experience with the Web3 GameFi 2.0 concept. The project offers a diverse range of gameplay modes, including PvE and PvP, and combines strategic elements and classic RPG elements to provide players with the best gaming experience. Additionally, LOA provides opportunities for players to earn rewards through staking, battles, and mining, aiming to provide players with a chance to earn rewards.

Furthermore, as the governance token of LOA, ARCA can be earned by playing the game and contributing to the community through voting. It also offers various features such as a trading market, VIP system, liquidity pools, and DAO governance, providing players with more choices and opportunities. In conclusion, LOA is an exciting and challenging game project that is worth anticipating and paying attention to.

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