Legends of Mitra IDO (Token Sale) Review And MITA Token Analysis | CryptoRank.io
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Market Cap
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ETH Gas
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Legends of Mitra [MITA]

 
On 33 watchlists
Token:
BSC
Ended 10 Jan
Token Sale
$ 285.00K
Fundraising Goal
Not Rated
Interest Rate

Legends of Mitra (LoM) is a multi-chain strategy defense game being built on the Klaytn, Cronos, Algorand, Wax, and Binance chain.

Legends of Mitra IDO

IDO is ended: 10 Jan — 10 Jan 2022

IDO platform

IDO price

$ 0.06

Raised

$ 95,000

Lock-up

20% on TGE + 20% each month

Tokens For Sale

1,583,333

IDO is ended: 9 Jan — 9 Jan 2022

IDO platform

IDO price

$ 0.06

Raised

$ 95,000

Lock-up

20% on TGE + 20% each month

Tokens For Sale

1,583,333

IDO is ended: 9 Jan — 9 Jan 2022

IDO platform

IDO price

$ 0.06

Raised

$ 95,000

Lock-up

20% on TGE + 20% each month

Tokens For Sale

1,583,333

Private is ended: in the Past

Private price

$ 0.05

Raised

$ 1,000,000

Lock-up

10% on TGE + 12 months vesting

Tokens For Sale

20,000,000

Strategic is ended: in the Past

Lock-up

10% TGE + 5 months cliff + 12 months vesting

Tokens For Sale

25,000,000

Seed is ended: in the Past

Lock-up

10% TGE + 3 months cliff + 12months vesting

Tokens For Sale

25,000,000

Legends of Mitra [MITA] Moon Spreadsheet

Legends of Mitra [MITA] trading levels.

Token economics

Total Raised

$ 1,285,000

Initial values

Market cap$ 787,500
FDMC: $ 12,000,000
Circulating SupplyMITA 13,125,000

Token allocation

Total supply:
200,000,000
Private/Pre-sale:
70,000,000
(35.00%)
Public sale:
4,749,999
(2.37%)

Additional links

About ICO Legends of Mitra

How to participate in IDO

On Red KIte:

You need to achieve one of Red Kite tiers (Dove, Hawk, Eagle, Phoenix) to be eligible to join the IDOs. Please follow on the Red Kite website "Staking" to proceed. After staking successfully, you can apply whitelist for joining the IDOs and then pass KYC.

Tiers and requirements:

Tier 1: Dove

  • Owning: 500 $PKF
  • Staking duration: 1 day
  • Unstaking delay: 1 day
  • Pool size: 15%
  • Lottery-based; one ticket for each 500 $PKF

Social activity requirements:

  • Twitter: Follow, Like, Comment, Retweet, Tags
  • Telegram: Join groups and subscribe channels

Perks for unlucky members: APY of 10%, calculated on the first day of next month for ones who win no ticket in the previous month

Tier 2: Hawk

  • Owning: 5k $PKF
  • Staking duration: 3 days
  • Unstaking delay: 3 days
  • Pool size: 30%
  • Lottery-based; one ticket for each 500 $PKF

Social activity requirements:

  • Twitter: Follow & Like
  • Telegram: Join groups and subscribe channels

Perks for unlucky members: APY of 5%, calculated on the first day of next month for ones who win no ticket in the previous month

Tier 3: Eagle

  • Owning: 40k $PKF
  • Staking duration: 7 days
  • Unstaking delay: 7 days
  • Pool size: 35%
  • Get one guaranteed-to-win ticket
  • Lottery for the remaining pool, get one ticket for each 2000 $PKF
  • Social activity requirements: none

Perk for unlucky members:

  • Can participate in private sales, subject to availability
  • Occasional airdrop of NFT and tokens

Tier 4: Phoenix

  • Owning: 80k $PKF
  • Staking duration: 10 days
  • Unstaking delay: 10 days
  • Pool size: 20%
  • Guaranteed allocation, weighted by a token amount
  • Social activity requirements: none
  • Can participate in private sales, subject to availability
  • Occasional airdrop of NFT and tokens

On GameFi:

You need to achieve one of GameFi ranks (Rookie, Elite, Pro, Legend) to be eligible to join the IGOs. Please follow on the GameFi website "Staking" to proceed. After staking successfully, you can apply whitelist for joining the IDOs and then pass KYC.

Rank 1. Rookie

  • Stake at least 20 $GAFI on GameFi to get this rank;
  • Have the right to apply whitelist and join IGO pools on GameFi Launchpad;
  • Get IGO token allocation in the form of a lottery;
  • Every 20 $GAFI staked will be counted as one lottery ticket;
  • Maximum individual allocation: $60;
  • $GAFI withdrawal delay: 5 days

Rank 2. Elite

  • Stake at least 100 $GAFI on GameFi to get this rank;
  • Have the right to apply whitelist and join IGO pools on GameFi Launchpad;
  • Get IGO token allocation in the form of a lottery;
  • Every 20 $GAFI staked will be counted as one lottery ticket;
  • Maximum individual allocation: $300;
  • $GAFI withdrawal delay: 8 days.

Rank 3. Pro

  • Stake at least 500 $GAFI on GameFi to get this rank;
  • Have the right to apply whitelist and join IGO pools on GameFi Launchpad;
  • Get IGO token allocation in the form of a lottery;
  • Every 20 $GAFI staked will be counted as one lottery ticket;
  • Maximum individual allocation: $700;
  • $GAFI withdrawal delay: 12 days.

Rank 4. Legend

  • Only 12 slots;
  • GameFi members need to own GameFi Legendary NFT to achieve this rank;
  • The 1st generation of GameFi Legendary NFT can only be obtained through auction;
  • If the number of Legends falls below 12, GameFi will continue to hold auctions for available slots.
  • Have the right to apply whitelist and join IGO pools on GameFi Launchpad;
  • Have the right to join exclusive pools only for Legends (subject to availability);
  • Guaranteed IGO token allocation when registering to join the whitelist;
  • The token allocation for Legends accounts for 20% of an IGO pool;
  • The Legend pool’s IGO tokens will be distributed to Legend members according to the amount of GAFI staked, from highest to lowest. Accordingly, the person in the higher position in the pool will receive an additional 5% of token allocation than the person in place right after.
  • $GAFI withdrawal delay: 30 days
  • Defection: If a Legend unstakes $GAFI, they will be demoted to Pro rank with a 30-day withdrawal period no matter how much $GAFI they unstake.
  • Dismission: Once a month, GameFi will re-auction the GameFi Legendary NFT of two Legends currently ranked 11th and 12th in the pool. If they do not win the auction, they will be demoted to Pro rank.
  • If multiple Legends stake the same amount of $GAFI, the Legend who fully staked this total amount of $GAFI first will have a higher position in the pool.

About Legends of Mitra

LoM is a free-to-play-to-earn game that rewards players anywhere in the world with MITA tokens and NFTs depending on their engagement and skills in the game.

The key difference between LoM and a traditional mobile game is the integration of Blockchain technology and the economic incentives designed into the game that reward players for their time, contributions, and efforts in the game.

Another important difference is the NFT component of the game. All heroes collected for free or by purchase will completely belong to the owner. They can transfer, keep, or sell them on our in-game marketplace.

Compared with other blockchain games, the project's goal is to make the game user-friendly and simple to play. Blockchain is still a new and difficult concept, but the project makes a straightforward platform that everyone from kids to the elderly can enjoy. The idea is that a user can play the game and earn MITA and NFTs without needing to know the details of blockchain functionality.

Players can earn by:

  • Fighting and winning PVE battles.
  • Competing in PVP battles.
  • Joining Clans and winning Clan Wars.
  • Being top 10 on daily leaderboards.
  • Collecting, selling heroes & resources on the marketplace.
  • Staking MITA tokens for rewards.

Game Play

Campaign is a PVE (Player vs Environment) mode designed for players who do not wish to engage in PVP or want to grind experience, heroes, items, and so on for the other two modes. It has up to 10 Chapters, and each Chapter has six levels to facilitate the grinding of specific skills and resources. Levels become more complex and offer more and better rewards as the difficulty increases.

Battle mode is designed to accommodate a wide variety of players who wish to engage in active PVP (Player vs Player). To accomplish this goal, there are various defensive options that a player can acquire and use. During a battle, players are randomly matched to fight each other, depending on their heroes level, skills and abilities.

Combat mode is locked until a player completes Chapter 3 in Campaign mode or pays to unlock Combat mode. 

Clan mode is designed for players who wish to engage in community-based and/or long-term gameplay. Clans are groups of players that come together to compete and raid other Clans. Within this mode four different ranks exist: King, Consuls, Commanders, Warriors.

Token

MITA token will be a cross-chain asset that will be available on Klaytn, Cronos, Algorand and Binance Smart Chain. Players can earn MITA through staking MITA, Selling NFTs, participating in governance votes, winning leaderboards.

Actions such as token transfer, NFT transfer, NFT sales will attract a fee, 10% of the amount will be burnt. This mechanism will decrease the total amount of token supply over time and will ensure the scarcity of MITA token.

MITA token can be purchased as an In-App Purchase (IAP) using a debit or credit card from the Google Play Store or Apple Store. It can also be purchased from crypto exchanges and decentralized peer-to-peer platforms.