The continuous surge in Bitcoin prices has sparked a bullish sentiment among capital and users watching the market closely. Various sectors have responded to the momentum, including the long-dormant blockchain gaming sector. According to data from Footprint Analytics, the market capitalization of blockchain gaming tokens rebounded by over $21.1 billion in October, with daily active users (DAU) hitting a record high of 5.3 million.
As the best testing ground for decentralized technology, blockchain gaming has always been a key focus for stakeholders both within and outside the industry. Earlier this month, Legend of Arcadia, a casual strategy card game, was officially launched, featuring Free-to-Play and Play-to-Earn mechanics. The game has secured investments from industry giants such as Animoca Brands and OKX Ventures. This article provides an in-depth look at the game, along with a player guide to help users better understand and engage with it.
What is Legend of Arcadia?
Legend of Arcadia (LOA) is a free-to-play, multi-chain casual strategy card game set within an expansive story universe, inspired by games such as Kingdom Hearts and AFK Arena.
In this game, players can obtain heroes for free and engage in various activities like advancing through adventure stories, participating in PvE and PvP battles, leveling up heroes, mining, and lottery draws. These diverse gameplay options allow players to immerse themselves in the game’s world while earning real rewards.
Source: Legend of Arcadia
Legend of Arcadia adopts a single-token economy model with $ARCA as the main governance token. However, the team has designed a VIP system where users holding $ARCA can stake it to convert it into $vipARCA and receive a range of in-game benefits. Additionally, NFT assets are a key feature in Legend of Arcadia, allowing users to engage in activities like reforging and upgrading.
On November 4th, the $ARCA token was listed and began circulating, supported on the Ethereum and Base networks. Shortly after, on November 7th, Legend of Arcadia was fully launched, currently supporting the Base mainnet. Users can download the game and start playing on mobile devices.
Team Background and Funding
Legend of Arcadia was founded in 2022, and its core team members bring extensive experience in gaming, finance, and other industries. Andy P. Lee is the co-founder and CEO of Legend of Arcadia and a partner and gaming director at Everest Ventures Group (EVG). He has worked at major companies such as Tencent, UBS, and Merrill Lynch. The technical leads and game producers also have over ten years of experience in the gaming industry, with backgrounds at renowned companies like Tencent and Hero Entertainment.
In July 2023, Legend of Arcadia won the Bronze Award in the gaming & AIGC category at the Summer Hackathon event co-hosted by Sui and KuCoin Labs. Later that year, in September, at the 2023 Web3 Game Hackathon Finals held in Singapore and co-hosted by ABGA, Iskra, Klaytn, and CESS, Legend of Arcadia stood out among the top 10 Web3 games and won first place.
At the end of August 2023, Legend of Arcadia completed a $4 million seed round, with investors including Animoca Brands, OKX Ventures, Arche Fund, Selini Capital, and angel investor Sebastien Borget, co-founder of The Sandbox. The team has stated that the funding will be used to accelerate game development.
Building a Token Economy Centered on $ARCA
The main governance token of Legend of Arcadia is $ARCA, with a total supply of 1 billion tokens, currently circulating on the Ethereum and Base mainnets. Users holding $ARCA enjoy various benefits, including:
1) Stake to upgrade to VIP
Source: Legend of Arcadia
Users can stake $ARCA and, based on the lock-up duration, receive a certain amount of $vipARCA and unlock VIP status. Generally, the more $ARCA a user stakes and the longer the lock-up period, the higher their VIP level, which means they can enjoy more benefits, such as in-game reward boosts, increased battle speed, and higher liquidity earnings (up to 2.5x).
2) NFT Hero Reforging and Upgrading
The NFT heroes in the game are divided into two types: on-chain heroes (ERC721) and off-chain heroes. For on-chain heroes, players can choose to consume idle NFT heroes and inherit specific facial features (eyes, nose, and mouth) or body parts (head, body, legs, and arms) from these consumed heroes to the target hero.
Source: Legend of Arcadia
Whether consuming or upgrading hero NFTs, users are required to use $ARCA.
3) Participate in DAO Governance
DAO governance is one of the game team’s key focuses. Users can stake $ARCA to gain voting rights and receive more ecosystem benefits.
According to the token distribution model released by the team, the specific allocation is as follows:
Source: Legend of Arcadia
Among them, the largest share is allocated to P2E and staking rewards, accounting for 27%. The next largest portions are for ecosystem reserves and the team/advisors, each at 20%. In June of this year, Legend of Arcadia conducted an IDO, with the fundraising price for $ARCA tokens set at $0.08.
To show appreciation for loyal players and users who contributed to the ecosystem’s development in the past, the team completed a data snapshot one week before the $ARCA token launch and airdropped a total of 40 million $ARCA tokens.
NFT Asset Mechanics in LOA
In addition to the $ARCA token, NFTs are also a key asset in the Legend of Arcadia game.
Source: Legend of Arcadia
As of now, Legend of Arcadia has launched multiple series of NFTs, mainly divided into hero and capsule toy series, which users can purchase and trade in the marketplace.
1) About Hero NFTs
In Legend of Arcadia, each NFT hero is unique, with differences in rarity, faction, category, appearance, and more.
- 4 Rarities: N (Normal), R (Rare), SR (Very Rare), SSR (Extremely Rare)
- 6 Factions: Frost Sect, Flame Executors, Thunder Judicators, Light Bringers, Shadow Dwellers, and Void Walkers
- 8 Categories: Warrior, Swordsman, Defender, Knight, Samurai, Assassin, Archer, and Mage
- 8 Attributes: Health, Magic Attack, Defense, Magic Defense, Critical Hit Rate, Block Rate, Accuracy, and Dodge Rate
Source: Legend of Arcadia
The higher the rarity of a hero, the higher its abilities and value. Players can enhance their hero’s abilities through the following methods:
- Consume idle NFT heroes of the same rarity to improve the target hero’s attributes.
- Use $ARCA for power upgrades.
- Upgrade its equipment (necklaces, hats, pendants, rings). Equipment can also be synthesized, but the higher the rarity of the equipment, the harder the synthesis process.
The stronger the hero NFT’s attributes, the higher its rarity, and the higher its level, the better the mining efficiency and battle capabilities.
2) About Capsule Toy NFTs
There are three types of Capsule Toy NFTs: Elite, Epic, and Legendary. After purchasing a capsule toy, users can obtain heroes of varying rarities.
Source: Legend of Arcadia
The total supply of Capsule Toy NFTs is 100,000, priced at 0.01 ETH each, and they are available for sale in the NFT marketplace. As of now, 1,110 Capsule Toy NFTs have been sold.
Player Guide: How to Maximize Your Game Earnings
According to the latest official data, Legend of Arcadia has over 118,000 registered users and a total NFT transaction volume of approximately $24,000. The new season began on the day the game officially launched and will end on January 14, 2025.
In Legend of Arcadia, players gradually unlock more gameplay as they progress through the adventure, gaining experience points (EXP) and rewards. There are two main ways for players to increase their earnings:
1) Accumulate in-game assets, such as White Ore and Obsidian, which can currently be minted into $ARCA tokens at a 50:1 ratio.
2) Maximize the benefits of holding $ARCA through staking and other methods.
The game is currently only available on mobile devices, and players can download the app from the Apple Store and Google Play. Registration can be done via email, X account, or wallet.
After entering the game, players follow the official beginner’s guide to get familiar with the basic gameplay. During this process, players will receive two off-chain heroes for free and begin the adventure story. As the chapters progress, more gameplay features, such as the Arena and Maze, will be unlocked. Players will also earn substantial game rewards, mainly in the form of increased EXP output efficiency, energy, and randomly dropped equipment.
In the adventure story section, battles are PvE, and players can choose the automatic mode. However, in the Arena and Chaos Battle sections, players need to strategize, select heroes, and engage in PvP battles, earning rankings based on the number of reward tokens and other factors.
Source: Legend of Arcadia
Players who want to participate in more gameplay and obtain in-game resources such as White Ore and Obsidian need to hold Hero NFTs, which can be purchased in the NFT marketplace.
How to Obtain White Ore:
After holding a Hero NFT, users can enter the mining area. Each hero can mine White Ore for 8 hours per day. The number of heroes available for mining will be unlocked based on adventure progress and VIP level. Energy is required for mining, and it can be obtained through adventure, challenging the maze, or consuming other NFT heroes in the marketplace to recharge.
Source: Legend of Arcadia
In addition to mining, players can also obtain White Ore through in-game activities, such as purchasing it with Chaos Battle Coins in the Chaos Battle Shop or winning it through lottery draws. White Ore is essential for various functions, including: lottery pool draws, accelerating placement rewards, and purchasing items in the in-game shop.
(来源:Legend of Arcadia)
Source: Legend of Arcadia
How to Obtain Obsidian:
As another valuable resource in the game, Obsidian is mainly obtained through the Arena and World Boss modes. Players receive Obsidian rewards based on their regular rankings in the Arena.
Obsidian is primarily used to mint $ARCA. Currently, players can mint 1 $ARCA by converting White Ore and Obsidian at a 50:1 ratio.
Source: Legend of Arcadia
Players can earn $ARCA through the game and convert it into real-world profits. Additionally, users who already hold $ARCA can make full use of it within the game to gain more rewards. For example, by staking to obtain $vipARCA, players can gain governance rights, increase their VIP level, and unlock more in-game benefits, including but not limited to: increased mining output, daily placement rewards, four times battle speed, and skipping battles. By developing a strategic gameplay approach, players can accelerate the production of White Ore and Obsidian. \
In addition to the core gameplay features mentioned, Legend of Arcadia also includes a communication area where players can interact with each other to enhance the fun.
Conclusion
Overall, Legend of Arcadia is a P2E casual strategy card game with beautiful graphics, a smooth user experience, and a balanced integration of gameplay and a decentralized economy, making it worth trying.
According to the team, by the end of last year, the game had gained the support of over 80 gaming guilds and established its own community guild, “Alter Ego Guild.” Moving forward, the team will focus on updates and iterations of the game mechanics. Notably, the game currently supports the Base mainnet, and last year, the team completed the deployment of NFT contracts on the Sui and BNBChain networks. At that time, the Sui network had already accumulated over 20,000 players, with on-chain transaction counts exceeding 100k, and launched its Genesis NFTs and the first GameFi prediction system. As a multi-chain game, we look forward to the future cross-chain ecosystem development of Legend of Arcadia.