Coming Soon: The Legends Marketplace (Beta)
By: Hookrook
Tags: Marketplaces, Metaverse, Gamefi, Nft, Lfw

Authors: Thomas Lang(*), Noisy Noah, Kenny Le, Justin Sung

* Corresponding author

Highlight:

Legends Marketplace first decentralized marketplace is a complex of DeFi Center, Crypto Asset Management, NFT Exchanges for global users.

To create a better user experience with scalability by self-developed cross-chain solutions applied for Blockchains project.

Cross-chain solutions for not only network tokens but also can be used to bridge collections for NFTs.

Customized for flexibility and scalability.

Various products related to staking, renting, and minting new NFTs with attractive rewards

Current Feature of Marketplace is for only the first game Legend of Fantasy War include:

*A fully decentralized marketplace

*Supporting NFTs asset management

*Various NFTs products including Heros, Equipment, Consumables, Fastions, and also Lands

*Gem Center for Currency exchange, liquidity provider

Starting Jan 5th, 2022 at 8AM UTC, the Legends Marketplace Beta will give early adopters the possibility to monetize their collections of our NFTs Heroes on Binance NFT, GameFi, and Apollo-X . In the first version, the NFT Marketplace will help people to exchange their beloved NFTs, of course everyone will have access to the marketplace.

Thus, we are thrilled to introduce the decentralized Legends Marketplace to the community.

TL;DR

The Legends Marketplace beta will launch its first phase on Jan 5th, 2022–8AM UTC.

Early adopters will start to trade their NFT collections for profit, while more in-game items will be available later.

The revenue from each sale will be 4% of the selling price, part of the fee will be burned for LFW token /add LP for BNB token. More detail here

What is the Legends Marketplace (Beta)

NFT is an acronym for “Non-Fungible Tokens”. Although NFTs are conceptually similar to cryptocurrencies, these digital assets might represent artworks, trading cards, and legendary heroes and items. These tokens are stored cryptographically in a blockchain network for authentication and validation.

The beta version of LFW NFT Marketplace is a marketplace complex of DeFi Center, Crypto Asset Management, NFT Exchanges for global users. The NFTs created by LFT Studio for the Legend of Fantasy War blockchain game can trade for an impressive profit. A perfect place for gamers around the Globe to purchase, sell, auctions, and lend NFT heroes, chests, in-game items, lands, and more to play our LFW game. Besides, there is a place for gamers to manage their assets.

Moreover, the LFW marketplace is the first initial step to mint heroes and in-game items. It also introduces users to the blockchain by presenting them with a non-fiat decentralised marketplace. In addition, in the future the LFW marketplace will allow the trading of NFTs which are interoperable between different games (i.e., our new games) and different blockchain platforms (i.e., cross-chain).

Last but not the least, the NFT marketplace enables users to easily exchange in-game currency for playing games where inspiration begins to create a series of valuable rewards.

2. Legends Marketplace Beta Features:

Trading: Early adopters can list their NFTs to monetize, while latecomers will be able to collect as a preparation step for playing games. As soon as the game is available, players around the world can mint in-game items to monetize.

Reward center: As a home to all blockchain game lovers around the world, we regularly have give away campaigns and participants can claim rewards. It is known as one of the first decentralized rewards centers, it is completely secure and transparent. An extremely user-friendly way to claim rewards: you can check out all the giveaway prizes sent by us. After the official game launch, valuable prizes come from in-game earning activities and events can be claimed here.

Swap NFTs: Why are NFT items valuable? Because you can own them and can easily buy and sell them. This is so important that in the first stage of product development, our marketplace supports other world’s top selling NFT platforms such as Binance NFT, Apollo-X, and GameFi. In the next stage, many other marketplaces will also be supported.

Staking: One of LFW DeFi Space features. We can proudly say that LFW Marketplace is unique as it integrates a DeFi center where you can stake and do more in just one place.

As soon as the game is available:

Swap Center: Great function to help investors and players increase their power in the game.

Direct ≪Play game≫ button inside the Marketplace. Firstly is the gate to LFW-616 in the Legend of Fantasy War game. In the future, there could be more games available.

button inside the Marketplace. Firstly is the gate to LFW-616 in the Legend of Fantasy War game. In the future, there could be more games available. Referral system : We have a system to reward users for inviting friends to join the game and share the benefits when that friend makes a transaction with LFW.

: We have a system to reward users for inviting friends to join the game and share the benefits when that friend makes a transaction with LFW. Legendary Chest (in-game earning reward), the chest can be opened to valuable items and users can sell either the chest or the items within. More detail will be given in the next announcement.

(in-game earning reward), the chest can be opened to valuable items and users can sell either the chest or the items within. More detail will be given in the next announcement. Other features: lands selling, buy/sell/trade in-game equipment/ items, etc.

3. The Advantages of Owning LFW NFTs

There are two types of NFT heroes in our LFW game Legend (Ancestor) and Legacy (Disciples) and a variety of on-chain rewards that can be exchanged for LFW tokens. ​​To ensure transparency, the Legend NFTs are only sold via Binance NFT, ApolloX, and GameFI before the game launch and then holders can trade on our NFT Marketplace. All income from the sale will be used to develop products, buy back and provide liquidity.

NFT Heroes Legacy (Disciples) will be created by Legend (Ancestor) owners as valuable rewards for players that they can explore the game more and enjoy more. When the supply of Legacy (Disciples) NFT exceeds demand, we will proactively distribute it to ensure that the community’s needs are met. Note that, to ensure fairness and avoid conflict of interest with players, all revenue from this will burn forever. The difference between Legend NFT and Legacy NFT is that Legend heroes will be stronger from being able to collect more rewards than Legacy Heroes. Legend NFT and Legacy NFT will be sold in BNB and LFW token, respectively.

By owning one of our two NFT hero types, users are able to dive into the world of Legend of Fantasy War blockchain game. Players lead a group of young warriors of different sects, clans and martial arts to uncover the mystery of the dark, fight the darkness and help the people. With a rich character customization with the Elemental System of Metal — Wood — Water — Fire — Earth, players can create the strongest and the most unique lineup ever.

Owing to LFW NFTs, users are also able to get profit from buy/sell/staking transparently on our LFW NFT Marketplace.

4. Play-to-earn supports Free-to-play

To encourage early adopters, at the beginning, all players will be given two heroes for free to increase the player experience (the program will end without notice).

Legend of Fantasy War is a 3D turn-based role-playing game where participants can choose characters and build teams to overcome challenges, complete missions, and win worthy rewards. Here there will be daily tasks for players to collect rewards every day. Break even will be very fast. Actually this is free to play!

To start the game, players need at least 3 Heroes, in the early stages two NFTs are given for free. A nice setup is 5 NFT heroes, it will help you increase your experience and can explore many quests of the game.

By playing the game, the player can hunt for chests containing items that can be exchanged for FLW with other players. While the detail of the play to earn mechanism will be revealed in the near future, it can be depicted in the picture below.

In the next stage, we will gradually open up many other items so that players can freely buy, sell and exchange in a completely transparent manner.

Congratulations, we’ve never been closer to a world of extreme fairness for gamers. What you hunt will be yours!