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How League of Ancients Is Set to Become the Next Huge Cryptocurrency Game

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Kuala Lumpur, Malaysia–(Newsfile Corp. – November 12, 2021) – League of Ancients is set to become the next huge cryptocurrency game and the gaming industry is big business. Seen during the late 1970’s as a passing trend at best and a joke at worst, fifty years later with a global annual penetration of $152 billion and growing, no one is laughing. Recent innovations in the sector such as Virtual and Augmented Reality, as well as the evolution of mobile phones – and by extension, mobile gaming – has pushed the envelope farther than anyone thought possible. The meteoric rise in mobile gaming specifically has led to the deployment of undeniably the most successful business model ever utilized by mobile games companies – Free-To-Play (FTP). These style of games are still in relative infancy (appearing only 10 years ago) but have already become market leaders, steering the industry ever since their inception.

League Of Ancients

FTP models earn income by allowing players to use real-world money to instantly unlock extra features, known as microtransactions. Through this process, customers can purchase new player designs, infinite retries or special items, pay to skip a level or even remove bothersome adverts. Because players are already enjoying the game for free, spending money on perks is an acceptable cost in the value for money equation, and therefore the model is extremely efficient, generating vast income for the companies who created them. However, now with the rise of cryptocurrency, an extra model is being added to the roster with immense early success.

Play-To-Earn.

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PTE is exactly as it sounds. These cryptocurrency (or GameFi as they are otherwise known) titles allow individuals to earn cryptocurrencies simply by playing the game. The earned digital tokens can then be used to buy new items or skins, or traded for real world money. One new game hopes to combine both the best of FTP and PTE, while ringing the nostalgia bell of mobile gamers. Its name?

League of Ancients.

LOA is a Multiplayer Online Battle Arena (MOBA) game, where two teams of players compete against each other on an enclosed battlefield. Players control one character, which usually has a defining set of skills that contribute to and compliment the overall team. The goal is for one team to destroy the stronghold of the opposite side. MOBA games are fun and addictive, and have achieved enormous success in the industry. Indeed, League of Legends and Defense of the Ancients 2 (Dota2) – the biggest titles in the genre – have a combined total of 120 million active users.

The game is free to play, and players will earn small amounts of $LOA (the game’s native cryptocurrency) simply by playing and winning matches. As a further incentive, as players progress through the ranks and experience, the percentage of tokens they earn will increase, as a reward for continued interaction. This not only gives players a very real reason to return beyond the gameplay itself, but also encourages them to form strong teams, which could naturally lead to eSport style tournaments in the future of the project. Furthermore, in order to keep the game balanced, there is no ‘play to win mechanic’ – all NFTs such as skins are purely cosmetic. However, purchasing NFT skins will allow players to activate a secondary mode of the game where they can earn more tokens. There is also one more very exciting component to the League of Ancients NFT skins that will make them truly revolutionary in the DeFi space.

Fusion.

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Fusion is the process of combining NFT skins together to create new ones that have a far higher rarity level and thus LOA earning power. Therefore, if a player is able to use the fusion system effectively and create an extremely rare skin, they will theoretically be able to then just play the game with it to earn a serious passive income through the associated cryptocurrency, or sell it on at a very high value. For the project itself, this will mean a keen involvement in the NFT aspect, which in turn will allow it to generate high levels of profit and grow faster. A win-win for everyone.

Understandably, the project is creating a massive level of buzz in the cryptocurrency space, even though the game itself doesn’t even launch until Q4 2022. (The $LOA token is set to launch in early December with an NFT marketplace following shortly after). Indeed, the Discord and Telegram groups alone have over 26,000 and 78,000 members respectively at the time of writing. This level of engagement at such an early stage shows that the team might truly have something special on their hands. If it continues on the same track, League of Ancients could easily become the biggest game that the defi world has ever seen, generating billions of dollars in income, and providing countless players with a fun game that can earn them genuine and serious money.

And they said games were for slackers.

To find out more about League of Ancients, check out their website at www.leagueofancients.com, discord at: https://discord.gg/gpGSqbsv or Telegram at: https://t.me/leagueofancients.

Media Contact
Dwayne Ong
Email – [email protected]

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PR – Cryptoshib.com
Email – [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103235

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Blocks & Headlines: Today in Blockchain – May 16, 2025

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A Pivotal Moment for Blockchain’s Many Frontiers

Today’s briefing arrives at a crossroads in blockchain’s evolution. From AI-driven Layer-1 grant programs to gamified resets in Web3, from supply-chain trust revolutions to exchange-driven token incentives, and high-stakes regulatory leadership shifts, the industry is charting new territory on multiple fronts. As builders, investors, and policymakers navigate this shifting terrain, five stories stand out for their potential to reshape blockchain’s trajectory:

  1. Lightchain Protocol AI unveils a $150,000 developer grant program to onboard top builders in AI × blockchain.

  2. Blockchain gaming experiences its lowest engagement of 2025, signaling a sector reset toward sustainability.

  3. Norwegian Seafood Council research highlights blockchain’s trust-building power in global supply chains.

  4. MEXC Exchange announces the Einstein (EIN) listing on July 20, 2025, buoyed by a $50 million rewards event.

  5. Summer Mersinger, a US CFTC commissioner, is tapped as CEO of the Blockchain Association, marking a pivotal regulatory turn.

In this op-ed–style briefing, we’ll unpack each development, explore its implications for blockchain, cryptocurrency, Web3, DeFi, and NFTs, and assess how these narratives intersect to define today’s momentum.


1. Lightchain Protocol AI’s $150K Grant: Catalyzing Decentralized Intelligence

What happened: On May 15, 2025, Lightchain Protocol AI—a Layer-1 blockchain optimized for AI workloads—launched its Developer Grant & Ecosystem Incentive Program, pledging up to $150,000 in total funding to on-board teams building dApps, explorers, wallets, analytics dashboards, DeFi protocols, NFT platforms, and AI-powered modules on its network. Grants are milestone-based (up to $5,000 per milestone), accompanied by technical support, co-marketing, and ecosystem visibility. Source: Bitcoin News

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Why it matters: Lightchain’s move underscores the growing fusion of AI and blockchain. By allocating resources to builders at the intersection of these technologies, the protocol signals that the next wave of innovation will hinge on intelligent smart contracts, federated learning coordination, and on-chain decision-making. For developers, this grant lowers barriers to entry and emphasizes sustainable, value-driven growth over token speculation.

> “We’re seeking impactful projects that align with Lightchain AI’s goal of bridging AI and blockchain—everything from AI prediction markets to compute marketplaces.” > — Lightchain Protocol AI Core Team

Implications:

  • DeFi & NFTs: Expect AI-augmented lending protocols and NFT platforms with dynamic metadata driven by on-chain models.

  • Ecosystem Growth: Lightchain’s aggressive grant strategy may spur competitors (e.g., Ethereum layer-2s) to bolster their own builder incentives.

  • Governance & Sustainability: The milestone-based approach aligns funding with tangible progress, a model DeFi DAOs may increasingly adopt for resource allocation.

Source: Bitcoin News


2. Blockchain Gaming’s 2025 Low: A “Reset” Toward Quality

What happened: According to Crypto.news, blockchain gaming saw daily active wallets dip to 4.8 million in April 2025—a 10% month-over-month decline and the lowest point of the year for Web3 gaming. Share of the DApp ecosystem for gaming fell to 21%, now tied with DeFi, while AI projects surged to 16% of on-chain activity. Funding also plunged nearly 70% from March to $21 million in April, though Arbitrum Gaming Ventures deployed $10 million from its $200 million fund to support titles like Wildcard, XAI Network, and Proof of Play. Source: Crypto.news

> “Capital is harder to secure, but that’s not necessarily bad. Weak projects are falling away, and funds are flowing into builders laying the groundwork for the next generation of blockchain games.” > — Sara Gherghelas, DappRadar Analyst

Why it matters: The downturn reflects a market recalibration from token-centric models toward user engagement, game mechanics, and interoperability—key for mainstream adoption. High-profile missteps (e.g., Square Enix shelving Symbiogenesis, Sega’s experimental launch of KAI: Battle of Three Kingdoms) contrast with enduring partnerships like Ubisoft + Immutable’s Might & Magic card game.

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Implications:

  • DeFi and Gaming Convergence: As DeFi’s share remains steady, expect crossover innovations (e.g., on-chain staking integrated into gameplay).

  • Investor Focus: Sustainable tokenomics over ‘yin-yang’ hype; capital will favor projects with robust retention metrics and revenue models.

  • NFT Utility: Gaming’s reset may accelerate evolution of NFTs beyond collectibles into dynamic, utility-driven assets.

Source: Crypto.news


3. Deepening Trust in Seafood with Blockchain Transparency

What happened: Perishable News reported on May 15, 2025, that the Norwegian Seafood Council found 89% of consumers desire more information on seafood sourcing. Producers are piloting decentralized blockchain solutions to trace products “sea to shop floor,” sharing immutable data on species, harvest location, handling, and quality checks to reassure ethically conscious buyers. Source: Perishable News

Why it matters: While most blockchain discourse orbits finance and gaming, supply-chain applications represent a mass-market use case for Web3. Immutable provenance data combats fraud, illegal fishing, and mislabelling—an urgent concern as global seafood consumption climbs.

Implications:

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  • Consumer Engagement: Brands adopting on-chain traceability can premium-price products by verifying sustainability standards, fair labor practices, and environmental impact.

  • DeFi Integration: Tokenized incentives could reward ethical producers or create staking mechanisms for supply-chain stakeholders.

  • Broader Web3 Adoption: Success in seafood may catalyze blockchain tracking in agriculture, pharmaceuticals, and luxury goods.

Source: Perishable News


4. MEXC’s Einstein (EIN) Listing & $50 Million Rewards Event

What happened: PR Newswire announced on May 16, 2025, that MEXC, a leading global crypto exchange, will list the Einstein (EIN) token on July 20, 2025 (UTC). To celebrate, MEXC has launched a $50 million EIN rewards event, offering incentives through trading competitions, referral bonuses, staking pools, and community tasks. Source: PR Newswire

Why it matters: Large-scale rewards events can drive short-term volume spikes and social engagement, but they also test community loyalty and tokenomics viability. EIN’s positioning as a “science-minded” utility token in educational and research partnerships adds thematic depth to what might otherwise be a routine exchange listing.

Implications:

  • Trading & Community Growth: Expect surges in trading volume, potentially setting new ATHs for MEXC’s platform metrics.

  • DeFi Crossplay: EIN holders may see integration into DeFi protocols for governance, liquidity mining, and educational grants.

  • Regulatory Watch: Large-scale token events continue to attract scrutiny over securities classifications and promotional compliance.

Source: PR Newswire

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5. Summer Mersinger Becomes CEO of the Blockchain Association

What happened: Gadgets360 reported that on May 14, 2025, the Blockchain Association confirmed that Summer Mersinger, currently a commissioner at the US Commodity Futures Trading Commission (CFTC), will step down on May 30 and begin as the Association’s CEO on June 2. Mersinger has championed balanced, consumer-focused digital asset rules and will spearhead advocacy for fit-for-purpose legislation alongside US regulators. Source: Gadgets360

> “Summer’s knowledge of how elected officials think through complex questions will be vital as we await next steps on stablecoin and market structure bills.” > — Blockchain Association

Why it matters: The appointment bridges regulatory expertise and industry advocacy at a moment when Congress is eyeing stablecoin frameworks and broader crypto oversight. Mersinger’s shift signals a blurring of lines between government and industry, with potential to accelerate law-making and foster public-private collaboration.

Implications:

  • Policy Acceleration: Expect renewed momentum on stablecoin legislation, DeFi disclosures, and market-structure rules by August 2025, per administration timelines.

  • Industry Confidence: Firms may feel emboldened to innovate under clearer regulatory signals, supporting growth in DeFi, NFT marketplaces, and tokenized asset offerings.

  • Global Alignment: US-led regulatory frameworks often influence EU and APAC regimes—this leadership change could ripple through the international policy landscape.

Source: Gadgets360


Conclusion: Five Threads Weaving Tomorrow’s Blockchain Fabric

Today’s headlines paint a multifaceted portrait of blockchain’s ongoing maturation:

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  1. Ecosystem Incentives: Grant programs like Lightchain’s signal a builder-first ethos, turbocharging AI × blockchain synergy.

  2. Quality Over Hype: Gaming’s dip reflects a necessary market reset, steering capital to sustainable, engagement-driven projects.

  3. Real-World Utility: Supply-chain transparency demonstrates blockchain’s power beyond finance, enhancing consumer trust.

  4. Tokenomics in Motion: Exchange listings and rewards events underscore the ever-evolving interplay between liquidity, community, and utility.

  5. Regulatory Convergence: Leadership moves like Mersinger’s appointment highlight the tightening feedback loop between policymakers and the Web3 sector.

As blockchain, cryptocurrency, Web3, DeFi, and NFTs continue to intersect, today’s developments underscore a pivotal shift: the industry is moving from speculative frontiers to pragmatic, real-world applications—backed by funding, governance, and policy frameworks that prioritize longevity and trust. Keep these threads in mind as we watch the next chapters unfold.

The post Blocks & Headlines: Today in Blockchain – May 16, 2025 appeared first on News, Events, Advertising Options.

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Saudi Arabia Loan Aggregator Market Report 2025: Retail Digital Payments Hit 70% as Tech Adoption Transforms Saudi Financial Services – Competition, Forecast & Opportunities to 2030

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Saudi Arabian Loan Aggregator Market

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Mercurity Fintech’s Subsidiary Grows Cross-Border Business Advisory Services with New Asia-Pacific Healthcare Client Engagement

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