Mokens League, an NFT-based eSports platform, has completed its $2 million seed fund, Coin Journal learned from a press release.
The multiplayer game platform for winning and earning in real time also announced its in-game currency, MOKA token, on the Polygon network.
Bringing sports to the blockchain in real time
The company’s eSports games will use MOKA as the main utility token in the ecosystem. Mokens eSports are bringing real-time sports games to the blockchain starting with soccer, while tennis, basketball, hockey, and more are in the works.
Players can use MOKA to place bets on games in the pot’s competitive ‘Win to Earn’ playlists. They use the token to enter matches and wait in line until similarly ranked players have joined.
The winners get the prize pool. The fee charged by Mokens League for using the platform as a service is minimal.
Free to play demo mode
New players can try their luck without risking real money in the free-to-play mode. You can buy foundational NFTs to get in the game early.
Mokens Leagues plans to announce these at the end of the month and start selling them in May. The sale will end when there are none left.
Martin Repetto, Monsters League Studios CEO, said:
While we are thrilled and excited about the massive growth of crypto-based gaming, we can’t help but notice that there is a fundamental problem right now with existing ‘play to earn’ games that reward people for just spending time on a game that does not work. This is not fun or challenging and definitely not sustainable. NFTs and tokens can be enticing for players to play our games, but as always, what will retain gamers is fantastic gameplay and eSports mechanics. The longest
