Bybit is listing SLG, the governance token of Land of Conquest, on Bybit Launchpad 2.0.
Land of Conquest is an upcoming play-to-earn Massive Multiplayer Online Simulated Life Game (MMOSLG) set in an apocalyptic wasteland. The much anticipated MMO simulation game offers players many exciting ways to interact, ranging from the production of bases and resources to training heroes up for challenging PvE and PvP battles.
The game features three kinds of NFTs for players to buy and earn: land, heroes and fortress-strengthening mechs. It also features a free-to-play option that gives new players a chance to battle against NPCs and help harvest resources for land-owners while hero NFT-holders can enjoy exciting PvP matches.
Land of Conquest has gained support from a number of investors including PopFun, Cocos, Mirana Ventures, New Start Ventures, CCV, C2, NGC Ventures, K300 Venture, and CryptoPhd in addition to its ardent social media following of over 97,000 followers.
According to a Bybit spokesperson, the Land of Conquest platform is to potentially reach Bybit’s 6 million users. Additionally, the initial exchange offering for SLG will be available on the Bybit Launchpad 2.0 with the full spot listing scheduled for July 19.
Today, the Bybit NFT Marketplace and Land of Conquest will jointly release the first NFT mystery box. In Land of Conquest, NFTs play a significant role because they are used to symbolize a variety of significant in-game items such as land, heroes, and mechs which give players’ stronghold boosts.
While this is a promising Web3 project from Bybit, one wonders whether this possibly works for the African audience too. Commenting on this, the Bybit spokesperson said,
“We are at the forefront of building our infrastructure that will help African users learn more about the blockchain industry and cryptocurrencies. We believe this P2E opportunity adds value to the gaming experience for many African users looking to achieve financial freedom and become part of the web3 economy. We opened a couple of fiat rails to enable users to convert their fiat to crypto, and recently launched our own peer-to-peer (P2P) trading platform. It currently supports the Nigerian Naira (NGN), Kenyan Shilling (KES), and Ghanaian Cedi (GHC) with more currencies to be added in the near future. In addition to the Land of Conquest announcement, last month, Bybit partnered with P2E pioneers such as Walken and OpenBlox to list the first tokens on Bybit Launchpad 2.0.”
She also added, “Regulatory ambiguity and education are some of the major hurdles to mainstream P2E adoption in Africa. Some countries have banned crypto outright, which hampers the adoption of certain use cases of crypto and in turn discourages popular P2E adoption. Furthermore, P2E games have the potential to help individuals achieve financial freedom while doing something they enjoy, which is still new to the general public.”
SLG joins a list of web3 initiatives debuting on Bybit’s intuitive platform for promising crypto projects. Bybit Launchpad 2.0 gives users early access to some of the most sought-after tokens in the space. Users of Bybit can utilize BIT to subscribe to token allocations or take part in Launchpad 2.0’s new lottery model by staking a small amount of Tether (USDT) in exchange for the chance to win token allocations. Through the Launchpad, users can also purchase the top-performing tokens from previous listings.
The company is committed to disrupting the public perception of gaming and taking it to the next level by taking steps to engage local regulators in constructive dialogues to showcase the industry’s power to do good. Additionally, it is looking to develop engaging educational materials and initiatives to generate awareness of the industry as well as P2E.