Place/Date: - January 25th, 2022 at 10:42 am UTC · 4 min read
Source: Legends of Mitra
Legends of Mitra, the multi-chain defence strategy game, is pleased to announce the upcoming listing of its MITA token. To celebrate our upcoming token generation event (TGE) and reward loyal and new community members, LoM is running a MITA airdrop/Gleam campaign.
The token listing follows several successful private investment rounds and a sold out public sale in January, raising a total of private financing round with the support of an impressive lineup of over a dozen leading GameFi and blockchain investors. In January, the Legends of Mitra triple IDO raised USD285,000, USD95,000 on each of the three IDO platforms – GameFi, Red Kite, and Oxbull. The funds raised will be targeted towards rolling out the LoM multi-chain strategy game through partnerships with Klaytn, Cronos, Algorand, Wax, and the Binance Chain.
The MITA token is a cross-chain asset available on the Klaytn, Cronos, Algorand, and Binance Chain. $MITA serves as:
$MITA is a deflationary token. Ten percent of the fees collected for various activities (marketplaces transactions like NFT sales, token and NFT transfers) will be burnt. This mechanism will decrease the token supply over time and ensure the scarcity of MITA tokens.
A total of 200,000,000 MITA tokens will be distributed.
With the recent completion of the public offering event, the MITA token will soon be listed on global cryptocurrency exchanges. Players also have many opportunities to earn $MITA in the play-to-earn game. Of the 200 million token supply, 25 percent is allocated to Play-to-Earn gaming and 12.5 percent to Staking & Liquidity rewards.
Ways to earn MITA include:
Following the upcoming launch of LoM, users also will be able to earn tokens from the referral bounty system, and P2E opportunities through the Guild System.
The MITA token can be purchased:
The TGE will take place shortly, followed by the exchange listings. To vote on the listing date and keep up to date on LoM exchange listings, join and follow the official Mitra Updates & News Telegram channel. Also stay alert for the next airdrop campaign.
Players can spend and earn MITA tokens when the Public Playtest version goes live in Q1 2022.
Legends of Mitra (LoM) is a play-to-earn NFT-inspired defense strategy game. The game comes with a rich storyline, epic NFT heroes and a solid user experience. LoM offers players and investors both an entertaining experience and investment opportunity in MITA tokens and NFTs. The multi-chain game is being developed for the Klaytn, Cronos, Algorand, Wax, and Binance Chain.