After a Month of Playing LOK

Last time, I wrote about buying a piece of land in League of Kingdoms and also how much money I made from it after a week of owning it.

Now, I would like to give you an update about my land after playing the game everyday for a month now.

As you can see, I earned 1.02 DAI. It is safe to say that I earned a dollar after playing the game for a month. Not that much, yes. There is no question there. I am not contesting the fact that there are other gaming platforms there that offer a much better ROI than this. With other more profitable NFT games out there, like Axie Infinity or Lost Relics, there are much better ways to make a buck while playing online.

Personally, I am quite satisfied with my small investment. Passively earning DAI is just one of the benefits of owning land in the game. If you pay close attention to the above photo, you can see the resources I gathered on the lower right corner. You gain a small share every time someone gathers resources in your land. I can claim all these resources to develop my kingdom. However, I prefer to just accumulate them. I plan to wait until one of them gets to 10M before claiming, so that I can eventually mint them into an NFT and sell them in Open Sea.

As of the moment, people have been waiting for the LOK developers to improve the Minting aspect of the game. If they are able to fix this, I am sure more people will get interested to play the game. I, for one, know of a lot of gamers here in the Philippines who are really into play-to-earn games; many of them do it on a full-time basis. Heck, the reason why Axie Infinity is so famous in Cabanatuan, Philippines, is that it was able to provide another source of income to the people who lost their jobs due to the pandemic. A single green buck may not be much in other countries, but that money could already provide food on the table for many where I come from. As a guild/alliance leader in the game, I often get asked if it is worth it to mint resources in order to be sold. Unfortunately, the high gas fees prevent us from making a profit, as such no one bothers to do it yet. I do not know how this can be solved. Some say they are waiting for ETH 2.0 in order to lower the gas fees, thereby resolving the issue. Whatever the solution is, I leave it to the LOK game developers to work on. Many gamers are counting on you. (fingers crossed)

Another aspect of the piece of land that I noticed is that my development points are also increasing every single day. The chances of getting a higher-level plot in my land have increased, too. Every time they spawn there, I get more chances of gaining resources. It is still not a bad deal, if you ask me.

All in all, I am not really worried about my little investment. On the contrary, I am even proud of it because it is the first digital asset I bought for myself. As an NFT, I can resell it at a much higher price. One thing is for sure though, it is not gonna be in the foreseeable future.

The game itself really has a very interesting gameplay, so the entertainment value keeps on getting better. It still remains undervalued and I believe it is going to soar high once its issues have been resolved.

I might give you an update about my land on my 6th month of playing. We shall see. For now, see you guys in the game. My user name is Don Vicente, the leader of [PNYS] Pinoys Alliance in Continent 8. By the way, you own your land in all continents should you decide to acquire one. 🙂

Rock on!

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.

How To Buy Land in League of Kingdoms

For a week now I have been playing League of Kingdoms, an online strategy game that is based on blockchain technology. Because of my obsession in crypto (a story for another day), I got into the world of Non-Fungible Tokens or NFTs. What I like more about LOK is gives you the opportunity to own and trade digital assets through NFT technology.

To prove how much I am into this game, I bought my self a digital land, my very first NFT. I just had to do it. I am now a proud owner of a digital asset:

Owning land helps you do a lot of things. My favorite one is that it earns DAI (a crypto stable coin) every day. I have the option to withdraw it or reinvest it for my land’s development.

In this article, I am going to give you the steps on how I purchased one:

The first step is to have an online wallet connected to your account. To do that, click on your account located in the upper left corner as shown in the image below:

From your account, click on Land.

You may choose your preferred crypto wallet. I personally use Metamask.

The next step is to go to this site. Then click on Open Sea.

One you are in Open Sea, you can shop for lands and other NFT products you want.

It is that simple. I hope this guide helps.

This game has a lot of potential. To be honest, I never considered myself a gamer until I got into this game. There is more to crypto than just trading or to be used as a store of value. It is slowly being integrated into other things; in this case, gaming. Just a few years back, who would have thought that a digital token can become an asset? One that is yours forever and you are the only one in the world who has it — all thanks to blockchain technology. There is more coming and we better brace ourselves because another revolution is happening. You do not want to miss this.