Money I Made After a Week of Playing LOK

About a week ago, I bought a piece of land in the blockchain-based game, League of Kingdoms (LOK). (See How to Buy Land in League of Kingdoms.) I stated before that there are generally two ways to earn from playing that game — by owning land and by minting resources. In this article, I would like to share how much I made from the single piece of land I purchased.

So, without much ado…[drumroll]…here it is:

On the right, you can see the portion that says “Reward”. This is the total amount of money I made in a week (actually a little bit more than a week). The piece of land I bought is level 4. So I guess the amount also varies depending on land level.

The crypto I earned from it is DAI. DAI is a stable coin that is built by Ethereum and is stabilized by the value of USD. From this logic, it is safe to say that 1 DAI is more or less equal to 1 USD. So I made .57 DAI playing the game for a week. That is passive income right there.

The question is: Is that good enough? The straight answer is it is not. However, it is good enough for me and it is good enough for now. More than the financial return, I played the game for its entertainment value. That is the reason why I invested my money in a gaming NFT rather than other crypto-based investment vehicles. There are a lot out there. I’m sure there are also other NFT games out there that can generate higher results. But hey, we each have our own taste. I just happen to like this game a lot.

More importantly, .57 DAI may not be much, but with the amount of money I invested, it certainly generates more money than a bank. It may not be high enough to hedge against inflation. Nevertheless, LOK just started last year. I am still hoping for more developments in the EARNING aspect of the game. I am sure that this will entice more players to play LOK in the future.

Personally, this is already an upgrade. Before I played games without making anything. Now, at least I make pennies everyday while I enjoy the game at the same time. For now, I could not be more satisfied. It is better than not making anything at all.

Moreover, there is an investment aspect that I would like to point out. As a digital asset, the piece of property I bought may be virtual, but as a digital asset, it appreciates in price (not without risks of course, just like any other investment). Much like any real estate property, if ever I grow tired of playing the game (which I can assure will not be in the foreseeable future), I can sell it at a higher price. This way, I can still earn. I guess some things are worth hodling. 🙂

Finally, you may have noticed in the picture that there are resources. Yes, those are shares you earn every time someone visits your land to kill monsters or mine resources. You get a share of everything because you own it. The other player’s resources remain intact. And don’t worry, your land cannot be attacked nor taken from you. That is an asset that you own forever, unless you sell it or if your account gets hacked.

This is it for now and I hope this information helps.

One thought on “Money I Made After a Week of Playing LOK

Leave a comment