Mokens League Live Blockchain eSports Raises $2M USD for ‘Win to Earn’ NFT Gaming Platform with MOKA Token – Yahoo Finance

0
462

Mokens League combines real-time play with skill-based win-to-earn, beginning April 11
Miami, FL, April 12, 2022 (GLOBE NEWSWIRE) —

Mokens League (https://www.mokensleague.com/), the real-time multiplayer game platform for winning and earning, today announced the completion of their $2 million seed fund. The NFT-based eSports platform also announced its in-game currency, MOKA token, on the Polygon network. MOKA will serve as the main utility token in the ecosystem of company-developed eSports games and in the future for third party games that get integrated into the Mokens League Platform. Mokens eSports are bringing real-time sports games (think FIFA, NBA2K, Mario Super Strikers) to the blockchain starting with soccer, while tennis, basketball, hockey, and more are in the works. One sport at a time, MOKA and Mokens League will bring the focus of play-to-win games back to skill and the games themselves in a sustainable, eco-friendly way.

The MOKA token is the underlying main utility token that can be used by players to interact with Mokens Platform games in a variety of ways. MOKA can be used to wager on games in the competitive ‘Win to Earn’ playlists in the pot. Players enter matches using MOKA tokens and waiting in a queue until all players of similar ranks have joined. Winners take the pot and Mokens League charges a minimal fee for using the platform as a service.
Mokens League offers a free-to-play mode so new players can try the game. The free-to-play version of the Mokens Platform rewards an in-game soft currency that can be used to buy cosmetic items but not NFTs nor MOKA.
There is an opportunity to get in the game early by purchasing foundational NFT’s. These are unique and limited. Mokens Leagues plans to announce the foundational NFTs during late April and start sales in May that will last until supply is depleted.
While we are thrilled and excited about the massive growth of crypto-based gaming, we can’t help but notice that there is a fundamental problem right now with existing ‘play to earn’ games that reward people for just spending time on a game that does not work. This is not fun or challenging and definitely not sustainable,” said Martin Repetto, CEO of Monsters League Studios LLC. “NFTs and tokens can be enticing for players to play our games, but as always, what will retain gamers is fantastic gameplay and eSports mechanics. The longest played games in the world right now are competitive eSports. That’s why our main priority is to make a game that is fun to play, easy to get going, but hard to master. Like Chess or Poker, there will be different levels where people can compete without getting overrun by pros or hardcore players. These games should also be as fun to play as they are to watch because the streaming community is the number one driver of game adoption at the moment.”
MOKA holders can use their tokens to purchase NFTs that can be used for games in Moken’s ecosystem. The game can be played for free by anyone with a standard team of non NFT characters. However, players may choose to purchase character NFTs with improved stats like speed, strength, endurance, and special abilities to strengthen their team. While the NFT’s are not required to play the free version of the game, for competing to win MOKA, NFTs and MOKA will be required.
Furthermore, the future of Mokens NFTs looks big and bright with metaverse gameplay, club management features, and even metaverse assets like stadiums, decorations, and bringing the characters from the game into the metaverse. Players competing in their home arenas will receive bonus payouts for winning home games and get to enjoy the aesthetic of their home field. Not only do these arenas allow for players to earn more rewards, but they could also host games in their own arenas within virtual reality and the metaverse.
MOKA token is now available for presale. The token will run on the Polygon blockchain and can be acquired by pre-registering on Mokens’ website after the public presale. Mokens League aims to have real-time multiplayer demos released privately by the end of Q3 and a public beta open by Q1 of 2023. MOKA tokens will have a total supply of 500 million, and most of this supply will be held for distribution throughout Mokens League games. The rest of the supply will be spread across partners, marketing, liquidity management, early investors and more.
For more information on tokenomics, whitelist entry, and more on Mokens, visit
www.mokensleague.com. To read the Mokens whitepaper, visit this link. Check out The Mokens League Project Overview.
About Mokens League:
Mokens League is a blockchain-based eSports project started in 2021 by Monster League Studios LTD, located in Cayman. Mokens League supports a series of traditional sports video games that use NFT characters to play and our “Play To Earn Done Right” scheme is designed so players, if they are good at the games, can recover their investment on the NFTs and get rewarded with tokens and in-game items.

Discord | LinkedIn | Instagram | Twitter | Website | Whitepaper

Marc J. Spears: Steve Kerr says Curry has been doing individual court work and nothing more than the update. Kerr says "he's literally day to day." Kerr expects the team to scrimmage on Thursday. Source: Twitter @MarcJSpears What's the buzz on …
Games studio Neon has raised $17.5 million so far to bring Shrapnel to Avalanche.
Floyd Mayweather Jr has taken his talents to South Beach for years. However, now he is bringing Antonio Brown into that orbit. Mayweather joined “The […]
Antonios Sykaris was an experienced climber who had summited five other mountains higher than 8,000 meters, according to his website.
Artem Severiukhin, a 15-year-old Russian go-kart driver, is under investigation by international motorsports' governing body for making what appeared to be a Nazi salute after his victory Sunday in the first round of the FIA Karting European Championship in Portimao, Portugal. Severiukhin was competing with an Italian license because the Fédération Internationale de l'Automobile, which governs Formula One and other bodies, has banned Russian competitors since that country's invasion of Ukraine.
In addition to the Mississippi state record, the 131-pound fish could be a world record for blue catfish caught using 30-pound test line.
Not everyone is worried about facing Brooklyn in the first round.
In 2017, when Cam Newton was gainfully employed as the starting quarterback of the Panthers, he made a ridiculously sexist remark during a press conference. It was so ridiculously sexist that the league issued a statement condemning it. “The comments are just plain wrong and disrespectful to the exceptional female reporters and all journalists who cover [more]
The 46-year-old has claimed 15 grand slam titles.
The Milwaukee Bucks are big favorites in their first-round playoff series against the Chicago Bulls.
UCLA's Peyton Watson announces on social media that he's hiring an agent and forgoing his remaining collegiate eligibility to enter the NBA draft.
According to a report, there is one candidate for the Lakers' head coaching job that would excite LeBron James.
In the immediate aftermath of Scottie Scheffler’s Masters win on Sunday night, an extraordinary statistic was doing the rounds on social media.
Torrent, the magic horse-goat that lets you get around Elden Ring’s world at cruising speeds, is one of the highlights of the game, but that’s not to say they’re perfect.
It's good to have some insight into the team's thoughts on his development.
Andre Drummond (Brooklyn Nets) with a dunk vs the Cleveland Cavaliers, 04/12/2022
The country stars were out on Monday April 11 for the CMT Awards
Usually fishing trips are fun, but that wasn’t the case for one "Naked and Afraid" survivalist on Sunday.
Sean McNeil averaged 11 points per game in WVU's two games against Texas Tech this past season.
"I wish I could have that tweet back."

source