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:<ul><li>Fighting and winning PVE battles.</li><li>Competing in PVP battles.</li><li>Joining Clans and winning Clan Wars.</li><li>Being top 10 on daily leaderboards.</li><li>Collecting, selling heroes &amp; resources on the marketplace.</li><li>Staking MITA tokens for rewards.</li></ul>Game PlayCampaign 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.&nbsp;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.TokenMITA 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.

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<h3>How to participate in IDO</h3>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<ul><li>Owning: 500 $PKF</li><li>Staking duration: 1 day</li><li>Unstaking delay: 1 day</li><li>Pool size: 15%</li><li>Lottery-based; one ticket for each 500 $PKF</li></ul>Social activity requirements:<ul><li>Twitter: Follow, Like, Comment, Retweet, Tags</li><li>Telegram: Join groups and subscribe channels</li></ul>Perks for unlucky members: APY of 10%, calculated on the first day of next month for ones who win no ticket in the previous monthTier 2: Hawk<ul><li>Owning: 5k $PKF</li><li>Staking duration: 3 days</li><li>Unstaking delay: 3 days</li><li>Pool size: 30%</li><li>Lottery-based; one ticket for each 500 $PKF</li></ul>Social activity requirements:<ul><li>Twitter: Follow &amp; Like</li><li>Telegram: Join groups and subscribe channels</li></ul>Perks for unlucky members: APY of 5%, calculated on the first day of next month for ones who win no ticket in the previous monthTier 3: Eagle<ul><li>Owning: 40k $PKF</li><li>Staking duration: 7 days</li><li>Unstaking delay: 7 days</li><li>Pool size: 35%</li><li>Get one guaranteed-to-win ticket</li><li>Lottery for the remaining pool, get one ticket for each 2000 $PKF</li><li>Social activity requirements: none</li></ul>Perk for unlucky members:<ul><li>Can participate in private sales, subject to availability</li><li>Occasional airdrop of NFT and tokens</li></ul>Tier 4: Phoenix<ul><li>Owning: 80k $PKF</li><li>Staking duration: 10 days</li><li>Unstaking delay: 10 days</li><li>Pool size: 20%</li><li>Guaranteed allocation, weighted by a token amount</li><li>Social activity requirements: none</li><li>Can participate in private sales, subject to availability</li><li>Occasional airdrop of NFT and tokens</li></ul>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<ul><li>Stake at least 20 $GAFI on GameFi to get this rank;</li><li>Have the right to apply whitelist and join IGO pools on GameFi Launchpad;</li><li>Get IGO token allocation in the form of a lottery;</li><li>Every 20 $GAFI staked will be counted as one lottery ticket;</li><li>Maximum individual allocation: $60;</li><li>$GAFI withdrawal delay: 5 days</li></ul>Rank 2. Elite<ul><li>Stake at least 100 $GAFI on GameFi to get this rank;</li><li>Have the right to apply whitelist and join IGO pools on GameFi Launchpad;</li><li>Get IGO token allocation in the form of a lottery;</li><li>Every 20 $GAFI staked will be counted as one lottery ticket;</li><li>Maximum individual allocation: $300;</li><li>$GAFI withdrawal delay: 8 days.</li></ul>Rank 3. Pro<ul><li>Stake at least 500 $GAFI on GameFi to get this rank;</li><li>Have the right to apply whitelist and join IGO pools on GameFi Launchpad;</li><li>Get IGO token allocation in the form of a lottery;</li><li>Every 20 $GAFI staked will be counted as one lottery ticket;</li><li>Maximum individual allocation: $700;</li><li>$GAFI withdrawal delay: 12 days.</li></ul>Rank 4. Legend<ul><li>Only 12 slots;</li><li>GameFi members need to own&nbsp;GameFi Legendary NFT&nbsp;to achieve this rank;</li><li>The 1st generation of GameFi Legendary NFT can only be obtained through auction;</li><li>If the number of Legends falls below 12, GameFi will continue to hold auctions for available slots.</li><li>Have the right to apply whitelist and join IGO pools on GameFi Launchpad;</li><li>Have the right to join exclusive pools only for Legends (subject to availability);</li><li>Guaranteed IGO token allocation when registering to join the whitelist;</li><li>The token allocation for Legends accounts for&nbsp;20% of an IGO pool;</li><li>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&nbsp;an additional 5% of token allocation&nbsp;than the person in place right after.</li><li>$GAFI withdrawal delay: 30 days</li><li>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.</li><li>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.</li><li>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.</li></ul><h3>About Legends of Mitra</h3>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:<ul><li>Fighting and winning PVE battles.</li><li>Competing in PVP battles.</li><li>Joining Clans and winning Clan Wars.</li><li>Being top 10 on daily leaderboards.</li><li>Collecting, selling heroes &amp; resources on the marketplace.</li><li>Staking MITA tokens for rewards.</li></ul>Game PlayCampaign 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.&nbsp;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.TokenMITA 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.

Legends of Mitra

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

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Bitcoin halving is an event that reduces the rewards that miners receive for validating and adding new transactions to the blockchain by half and it occurs approximately every four years in the Bitcoin blockchain. This mechanism is designed to control the issuance of new bitcoins, limit the supply, and maintain Bitcoin's scarcity and value over time.

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Halvings reduce bitcoin creation rate, slowing down emission temps over time. This leads to curbing inflation. Decreased block rewards make miners rely more on transaction fees, potentially leading to higher fees and a self-sustaining network. Scarcity often drives up prices, attracting investors seeking hedging against inflation, impacting Bitcoin's economic dynamics. That’s why Bitcoin is often called “Store of Value”.

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Fear & Greed Index indicates the current market sentiment. There are 4 possible ranges: Extreme Greed, Greed, Fear, and Extreme Fear.<ul><li>Greed means that traders and investors feel too greedy. This may indicate that the market is due for a correction.</li><li>Fear means that traders and investors are too worried, close to panic sells. This could indicate a good entry point.</li></ul>It is also important to analyze how FGI changed over the period of time, for example in one day, week, or month.

The Fear and Greed Index (FGI) is a comprehensive tool for analyzing cryptocurrency sentiment. It is based on several important market indicators to determine the level of fear or greed present, with a range of 0 to 100.{br}{br}The Fear and Greed Index uses various modules to analyze influential variables in the cryptocurrency market, including volume, volatility, dominance, whale movements, search engine data, and order book analysis. It also features a machine learning algorithm that evaluates sentiment in social media posts and how popular technical analysis are affecting the market. Each module is given a specific weight based on its statistical impact on the market.

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We are assessing Bitcoin's volatility and maximum drawdowns, comparing these metrics with the average values from the past 30 and 90 days. We suggest that an abnormal increase in volatility signals a market driven by fear.

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A coin’s dominance represents its share of the total crypto market capitalization. For Bitcoin, an increase in dominance often stems from a flight to safety, reducing speculative investments in alt-coins as Bitcoin becomes the preferred safe haven in the crypto space. Conversely, a decrease in Bitcoin dominance suggests growing greed, as investors move into riskier alt-coins anticipating the next major bull run. For other coins, increasing dominance can imply a bullish or greedy sentiment specific to that coin.

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There have been three Bitcoin halvings since the launch of the Bitcoin blockchain. These previous halvings occurred in the following years:{br}{br}First Halving: November 28, 2012; the block reward was reduced from 50 BTC per block to 25 BTC per block.{br}{br}Second Halving: July 9, 2016; the block reward was reduced from 25 BTC per block to 12.5 BTC per block.{br}{br}Third Halving: May 11, 2020; the block reward was reduced from 12.5 BTC per block to 6.25 BTC per block.{br}{br}Fourth Halving: April 20, 2024; the block reward was reduced from 6.25 BTC per block to 3.125 BTC per block.

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The Bitcoin halving event, which is a process that reduces the reward for mining new Bitcoin blocks in half, has significant implications for miners, investors, traders, and users of the Bitcoin blockchain. These implications can be observed in both the short term and the long term. Let's explore some of the key implications in more detail:

How Does Bitcoin Halving Affect The Price of Bitcoin?

Bitcoin halving occurs to control the issuance of new bitcoins and ensure the cryptocurrency's scarcity. Bitcoin's protocol limits the rate at which new bitcoins are created, gradually slowing down the growth of its total supply. This deliberate scarcity is designed to mimic the scarcity and controlled supply of precious commodities like gold, making Bitcoin an attractive store of value and a hedge against inflation.

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Bitcoin halvings reinforce its reputation as a long-term investment by reducing the rate of supply issuance, making it scarcer over time. This scarcity, coupled with the network's growing adoption and utility, can enhance Bitcoin's appeal as a store of value and a hedge against inflation, attracting long-term investors.

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Bitcoin halvings directly impact miners by reducing their block rewards, cutting their income in half. This event can lead to increased competition and pressure on less efficient miners, potentially forcing some to exit the mining ecosystem while incentivizing more efficient operations and technological advancements.

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Mining difficulty is a measure of how much computing power it is required to mine new blocks in a blockchain network. It adjusts regularly to maintain a consistent rate of block production. When more miners join the network, the difficulty increases; when miners leave, it decreases.{br}{br}Hashrate, on the other hand, represents the computational power of the network's miners. It measures how many calculations a network can perform per second. A higher hashrate indicates a more secure and competitive network, as miners with more computational power are more likely to mine new blocks and receive rewards.

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Bitcoin halvings can influence the hash rate and network security by potentially leading to fluctuations in miners' profitability. If the price doesn't rise significantly to compensate for the reduced block rewards, some miners may leave the network, temporarily lowering the hash rate and potentially making the network more vulnerable to attacks until the difficulty adjusts.

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The next Bitcoin halving is expected to occur in March 2028, when the block height number hits 1,050,000. After that, the next block’s reward will be halved: 1.5625 BTC instead of 3.125 BTC.

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Detailed information about cryptocurrencies, including current market data, historical prices, and more.

Get data for hundreds of crypto exchanges with a single API.

The most comprehensive and up-to-date database of funding rounds and startups.

Explore over 9,000 funds and investors with detailed analytics and funding round participation history.

Access global metrics of the crypto market: market cap, trading volume, token domination, and others.

Historical price, supply and market cap data for thousands of coins and tokens with analytics.

The largest token sale database, launchpad efficiency aggregator and analytics.

News aggregator and research articles written by CryptoRank's team of analysts.

Discover team behind every project on CryptoRank, find key members and contacts.

Accurate vesting information for hundreds of tokens.

Thousands of spot and futures trading pairs from CEXs and DEXs with detailed information.

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Quarterly charts of BTC and ETH performance allow tracking long-term price changes, identifying trends, and effectively planning investments based on historical data.

What is Bitcoin Quarterly charts of BTC and ETH?

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The key to Bitcoin's long-term success lies in its Proof-of-Work consensus mechanism within a peer-to-peer environment. This mechanism operates independent of external inputs like clock readings. Proof of Work is based on a fundamental truth: computation requires work, and work requires energy and time in our universe.{br}{br}Difficulty adjustments are necessary to prevent Bitcoin's internal clock from speeding up due to increased miner participation or improved mining devices. Without these adjustments, the value of Bitcoin would quickly decline.

Bitcoin’s Strongest Feature

Subject

Bitcoin's maximum supply is capped at 21 million Bitcoins. This limit is hard-coded into the Bitcoin protocol and cannot be changed without overwhelming consensus from the network's participants. The maximum supply of 21 million bitcoins will be reached around the year 2140, when the last bitcoin will be mined.

Bitcoin Supply

Bitcoin halvings reinforce the scarcity of supply by reducing the rate at which new bitcoins are created. This controlled reduction in issuance over time maintains and strengthens Bitcoin's inherent scarcity, ultimately enhancing its appeal as a store of value.

Supply Scarcity

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Bitcoin operates on its own internal rhythm, characterized by a low frequency that allows for a sufficient buffer to delay communication between participants during the block validation process. Approximately every 2016 blocks, Bitcoin's internal clock is reset, resulting in an average block discovery rate of one valid block every 10 minutes.

What is Time in Blockchain

Key statistics on funding rounds for the past 30 days.

The score is provided by the {link} and is based on the level of attention this account has received from smart followers.

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What do you think about future halving?

CryptoRank watchlist supports {coins} cryptocurrencies.{linebreak}Track your favorite cryptos, including Bitcoin, Ethereum, BNB, Polygon, Solana and more.

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Market sentiment is very bearish, many assets may be undervalued.

Extreme fear

Market sentiment is very bullish, many assets may be overpriced.

Extreme greed

Market sentiment is moderately bearish, traders are taking less risk.

Fear

Market sentiment is moderately bullish, traders are taking more risk.

Greed

Use CryptoRank.io data widgets to get the latest information about the cryptocurrency market. Just set up, copy and paste the iFrame code on your website.

Legends of Mitra MITA

Legends of Mitra Arbitrage

Legends of Mitra arbitrage data is not available at the moment.