Cocos-BCX Calls to Arms - Land of Conquest IGO Details!

Hey Cocos-BCX family!

Today, we are excited to share that the highly anticipated Land of Conquest IGO will arrive on the Cocos-BCX Launchpad on July 12th!

Land of Conquest (short for LOC) is a massively multiplayer online simulation blockchain game set in a post-apocalyptic wasteland, allowing players to earn and play it in their way. The LOC MECHs will be the most loyal friends to players in the game. They can be installed in the basement to boost construction progress and resource production, protecting you from enemies and enhancing your attack force in battles.

Let’s take a look at the IGO details of Land of Conquest and how you can gain early access to $SLG tokens on Cocos-BCX, before the market launch.

Ⅰ. Land of Conquest IGO Overview

Token: $ SLG
Total supply: 1 billion

IGO price: $0.03 USDT
Cocos-BCX allocation: $49,950
Available share per wallet: 150 USDT

IGO duration: 12:00 PM, 12–14 July 2022 UTC
Draw claim time: 12:00 PM, 14 July 2022 UTC

Initial release: 12:00 PM, 14 July 2022 UTC, unlock 60%
Phase 2 release: 14 October 2022, unlock 20%
Phase 3 release: 14 January 2023, unlock 20%

Ⅱ. About Land of Conquest

Land of Conquest is a brand new blockchain game (Also known as “crypto game”) called MMOSLG in the theme of apocalyptic wasteland.

As an MMO simulation game, Land of Conquest allows players to build their own bases, produce resources, train heroes and battle against hostile NPCs and other players’ characters. The game offers a number of different kinds of NFTs and play-styles, including a unique free-to-play option that ensures enjoyable and strategic interactions between free and paid players.

In addition to its governance token, SLG, Land of Conquest will also feature two other kinds of tokens. $XTAL is a play-to-earn reward currency that should be familiar to all experienced GameFi players, while LOC GOLD is an in-game currency available for purchase with USDT that makes it easier for traditional gamers to get ahead in the game.

1️⃣ Project Highlights

  • FREE-TO-PLAY

Start it from “farm” the land in the game. Players can gather resources via completing PVE combats. After, gamers can sell resources to other players to earn.

  • PLAY-TO-EARN

Purchase different NFTs to cultivate your lands, heros and your basement construction, and earn tokens from it. You may use your strategy to play and earn various digital assets.

  • PLAY-FOR-FUN

Land of Conquest is developed in the base of real SLG game. There are multiple scenes that can happen in LOC. We keep all the fun of what a SLG game can offer.

  • LOC NFT Family

12 different MECH NFTs can be installed in the in-game basement when you play it. They can boost construction and farming progress, enhancing the force in attacks or defense.

Land NFT players can recruit other players and work with them to develop the land, while enjoying the harvest of in-game resources and tokens.

Players who enjoy winning exciting PVP combats must have Hero NFTs. Play with Hero NFTs can also win tokens and NFTs from successful attacks and defense.

2️⃣ Tokenomics

3️⃣ Media

🏷 Website: https://www.landofconquest.com/

🏷 Community

Ⅲ. How to participate in IGO on Cocos-BCX?

1️⃣ Become a COCOS-BCX member.

2️⃣ Get computing power via:

  • Stake COCOS NFT
  • Stake COCOS
  • Invite new members successfully

3️⃣ Make a purchase.

4️⃣ Wait until IGO ends.

5️⃣ Claim the result of your draw.

  • Win a raffle: you can immediately withdraw the initial release. The remaining tokens will be released subsequently at a set ratio.
  • Miss out: your purchase principal goes back to the purchasing address.

6️⃣ Take part in the next IGO project.

Ⅳ. Rules for Cocos-BCX IGO Raffle

1️⃣ Cocos-BCX IGO is open for all COCOS members.

2️⃣ Based on the shares that users purchased, the rules are as follows at the end of IGO:

  • Shares less than IGO amount: 100% raffle winning rate for all users.
  • Shares outnumber IGO amount: the winning rate varies according to the membership level. The higher level, the higher the winning rate.

3️⃣ When the purchase ends, the “rebase” function is required to trigger, and all participants are accessible to click. Once it’s activated with one click, it’s open for all users to claim the result in “My IGO” under the personal account page. The winners can claim the project token of the initial release at once. Users who miss out will get the principal back directly in the system. For those who forget to claim, the system will remain it until it’s claimed.

4️⃣ Users can view the progress of their purchased IGO projects in personal accounts.

5️⃣ Users can view real-time membership status in personal accounts.

6️⃣ The “rebase” before the raffle requires a snapshot of the user’s membership status. Therefore participants can keep leveling up before IGO ends to enhance the winning rate. We suggest all participants not withdraw the COCOS and COCOS NFT staked which are used to get the computing power. It will lead to a downgrade of membership levels and a lower winning rate.

Ⅴ. Cocos-BCX Membership Level & Computing Power Requirement

Ⅵ. Cocos-BCX Membership Level

The level of Cocos-BCX member is determined by computing power:

Power=stakePower stakeRate + [(lv1 * referLv1Rate + lv2 * referLv1Rate) * referRate]

The membership levels will change dynamically according to the DAO governance afterward.

1️⃣ COCOS NFT Staking

The computing power varies in five types of NFTs. Each COCOS locked equals 1.1 to 1.8 Power.
(This is the rule used by the old staking website.)

2️⃣ COCOS Staking

Different amounts staked result in different powers. Each COCOS staked equals 1 Power.

3️⃣ Rules for Principal Deductions when Staking COCOS

  • No Less than 30 days: No principal deduction
  • 20–30 days (incl 20 days): 1% principal deduction
  • 10–20 days (incl 10 days): 2% principal deduction
  • 5–10 days (incl 5 days): 5% principal deduction
  • Less than 5 days: 10% principal deduction

4️⃣ Rules for Referral Computing Power

  • 1st tier inviter: 50 Power
  • 2nd tier inviter: 10 Power

There are 5,000 members at present. The computer power is based on the current status without any newly added members to superpose. To maximize the profits for existing members, Cocos-BCX will control members’ total number. Please follow Cocos-BCX for a new round of member recruitment.

Ⅶ. Rules for IGO Allocation

1️⃣ Each IGO Pool will allocate shares according to different membership levels.

2️⃣ Each membership level corresponds to a different winning rate.

3️⃣ Users will have to claim the result of their draws by themselves.

4️⃣ The moment that a user clicks “rebase” determines one’s membership level, which applies shares accordingly.

5️⃣ The number of winners will be determined by the number of participants and allocated shares for each level.

6️⃣ Token will be reserved for winners who do not withdraw. If a user misses more than one round of release, the latest release will be shown to the user and the user can withdraw all previously missed rounds at once.

7️⃣ Once the IGO starts, the shares for each level will change dynamically. Unfilled shares of a level will go to the level below. For example, if there are 100 shares allocated for Lv. 4 members, but only 50 Lv. 4 members participate, then the remaining share will go to Lv. 3 members.

8️⃣ If you win a raffle, you can get the token set for that release. If not, you will get back the principal spent on the purchase.

9️⃣ If the shares purchased by users are less than the IGO amount, it’s a 100% winning rate for all users; If it outnumbers the IGO amount, the winning rate varies according to the membership levels.

Ⅷ. Rules for IGO Project Referral Commissions

  • 0.8% to the first-tier inviter
  • 0.2% to the second-tier inviter

About Cocos-BCX

Cocos-BCX is a decentralized GameFi enabling platform, which bridges more creators into the crypto world via GameFi incubation, investment, distribution, IGO, and other imaginative channels. Based on the enormous numbers of the developer community, Cocos-BCX will be leading a new way of crypto migration through content innovation persistently.

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Cocos-BCX

A DAO for future Metaverse with decentralization technology and MetaFi. NFT, GameFi, IGO and more. Website: cocosbcx.io