Legend of Arcadia: Redefining Community-Driven Operations
PRESS RELEASE | Hong Kong, 4 November 2024—The world of blockchain is dynamic and changing by the second. With increasing interest in consumer crypto, gaming remains a highlight for future growth, driving adoption and recognition to the masses. With the Web3 gaming industry expected to grow to over $305 billion by 2030, countless games are developed, taking on the challenge to become the next big hit.
This is a press release submitted by Legend of Arcadia.
While these studios have experience building immersive experiences and lores in web2, many have failed to capture the dynamic audience and build a long-term product. Many attributed this as a design issue due to unsustainable reward systems that lead to low economic gains, pushing players to withdraw from the game.
The future of Web3 lies in having deeper understandings of its audience, with Asian companies at an advantage. With years of experience in building and operating games, new ideas for operating games in Web3 will be born, leading to the solution to making Web3 games sustainable in the long term.
Table of Contents
Community-driven growth and operations
Legend of Arcadia (LoA), a card-based RPG game built on a vast story universe inspired by Kingdom Hearts, has a strong vision for reimagining live operations in Web3, called community-driven operations. The formula combines building a sticky and vocal community driven by a strong feedback loop and nimble implementation of the ideas. This has helped LoA stand out from others.
The team has spent the past two years perfecting the formula based on their decade-long experience in driving high DAU and retention at leading game companies such as Tencent, Hero Entertainment, and Seasun Studios. At the same time, building a 60k+ strong community with users that actively interact with the team and provide them with feedback.
The right feedback loop between the community and the developer has led to innovative tactics for driving community engagement. For example, rather than hosting traditional alpha tests, the team mixed the idea of esports and competition and invited people to form their own teams to compete during the test. This led to a brand new Guild called Alter Ego Guild being formed in the community, and they remain some of the game’s biggest supporters, helping new players onboard and get deep into LoA.
During its three-month campaign, LoA had 100,000+ registered users with minimal marketing spend. It also has very high next-day and 7-day retention of 75% and 56%, respectively, higher than many traditional games’ 50% and 20%. As it moves towards its TGE and official game launch, the community continues to provide feedback and support the team.
With backing from 10+ investors, including Animoca Brands and OKX Ventures, LoA can further develop the game’s vastness, ensuring the community is constantly engaged with new content and utilities of its native token, $ARCA. This ranges from the endless possibilities of different NFT heroes to the countless actions and ways to earn $ARCA tokens.
Five Trillion Unique Combinations
In LoA, each NFT hero is unique, with randomized genetic traits such as appearance and abilities drawn from a large gene pool of over five trillion combinations, including over 48 types of basic attributes, 40,000+ skill combinations, and more than 28 million gene combinations. This ensures that no two NFT heroes are the same.
The game team, supported by AI, has also created countless words and storylines, shaping different toy characters and enriching the stories of LoA. It also enhances player retention by implementing seasonal demands created by the in-game mechanics, which will eventually boost the trading volume.
Mining, Battling, and Staking
In LoA, players can earn tokens through a variety of activities and strategies involving their NFT heroes. Inspired by a system commonly used in web2 games, by combining White Ores from mining with Black Ores earned in battles, they can produce $ARCA tokens. Heroes can also be customized through special events and features, which not only alter their appearance but can also provide gameplay advantages, such as enhanced mining power when using event-specific skins.
Players can also participate in PvE content by clearing dungeons and defeating bosses for valuable loot or diving into PvP battles to compete against others for rewards and climb seasonal leaderboards for even greater gains. To further boost their earnings, players can stake $ARCA tokens, unlocking additional rewards like free NFTs or a share of profits from NFT sales, adding another layer of value to their in-game investments.
Aside from earning tokens from in-game monetizing factors as mentioned above, LoA takes it a step further in its efforts to create a more sustainable game by separating the in-game and external economic factors whereby players are also able to monetize external factors such as using their $ARCA tokens to stake for special privileges and rewards or earning revenue splits from NFT assets, creating long-term value rather than short-term speculative gains.
$40M Token Distribution
LoA will have a total supply of 40,000,000 $ARCA tokens that are distributed among seven pools where each pool will be further subdivided into different rank tiers based on the amount of Gacha Points earned.
Future Roadmap
With countless opportunities and activities in the world of LoA, the game constantly rejuvenates the excitement of its community and players, which will ensure its sustainability in the long run. The game also has plans for extensive single-player content (PVE mode) and multiplayer modes where players can form teams and challenge others in real-time battles. Legend of Arcadia is currently set to launch in November 2024.
About Legend of Arcadia
Legend of Arcadia (LOA) is a card-based RPG game built on a vast story universe inspired by Kingdom Hearts. LOA is built with the latest technology for the modern gamer, powered by blockchain. Players can enjoy the game for free, on the go, on a mobile device, and socialize in real-time with gamers from across the globe through immersive PvP game modes and by trading highly composable NFTs.
This is a press release submitted to BitPinas: Legend of Arcadia: Redefining Community-Driven Operations
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