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Home All Events Chain of Legends Liquidity & Game Launch


Jul 15 2022

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5:00 am

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  • Timezone: America/New_York
  • Date: Jul 15 2022
  • Time: 8:00 am



Chain of Legends Liquidity & Game Launch

New P2E game on BSC.

  • Launch Details
    • Token launch on Pancakeswap – $CLEG / BNB pair
    • Listing price: $0.008
    • Presale price: $0.008
    • Initial marketcap (estimate): $800,000
    • Initial liquidity (estimate): $55,200 (120 BNB paired with 3,439,800 $CLEG)
    • Presales were held on PinkSale, GemPad and XTStarter
    • Vesting – 25% of presale tokens will be claimable at launch, then 15% every 30 days
    • 0% tax
    • Game can be played here
  • Game Mechanics
    • Players earn by building mines to earn resources which can then be used to expand their empire or sold on a marketplace or exchange
    • Each player receives a free Level 1 land and mine to start mining/earning resources
    • In-game resources includes $CLEG token, Stone, Iron, which are mined and each with their own utility such as; building and upgrading mines and barracks, training troops, build catapult for troops
    • Players can trade their resources, troops and lands on the in-house marketplace
    • In-game assets includes –
      • Lands – mines are built on lands, and earn resources. Each land has limited amount of resources, determined by the land rarity.
      • Mines – Mines produce resources. Each mine has a limited mining capacity. Mines can be upgraded to increase mining capacity
      • Troops/Units – troops can be sent on adventures to battle enemies and collect treasure. Troops can be trained and levelled up to increase their battle performance
      • Barracks – barracks are used to train troops and heal them after a battle. Barracks can be upgraded to increase their training and healing capacity
    • Players can join a guild or create their own guild and play with friends to occupy Island and defend it from other players’ invasion
    • Users can earn free tokens and NFTs through daily quests claims, referrals, contributing to marketing campaigns
    • Sustainability and deflationary mechanisms
      • Token burns – 70% of tokens spent in game will be burnt, 30% recycled to rewards pool
      • Limited land sales per day
      • Reduced land mining rewards over time
  • Tokenomics
    • $CLEG is the native, in-game token
    • $CLEG token is used for purchasing buildings and upgrades, training troops, and as marketplace currency
    • Total supply: 1,000,000,000 $CLEG
      • 60% – P2E Rewards (1% on July 20, 2022, then 2% every 24 days, here)
      • 10% – IDO
      • 8% – Team (vested over 36 months)
      • 5% – CEX Listing
      • 5% – Marketing (vested over 36 months)
      • 5% – DEX Liquidity
      • 4% – Community (airdrops / referrals / rewards) (vested over 24 months)
      • 3% – Development (vested over 18 months)
    • 0% Buy & Sell tax
  • Roadmap includes CEX listing, additional gameplay modes, in-game chat system, launch of guild system (more details here)
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