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Shard Legends sets SLCW token launch for August 5, mining phase extends.

Shard Legends sets SLCW token launch for August 5, mining phase extends.

George Tsagkarakis 2 min read
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In Brief:

  • Shard Legends: Clan Wars has announced its Token Generation Event for August 5 at 12:00 UTC.
  • Players can continue in-game mining until August 4 to earn Imperial Tickets for SLCW token claims.
  • The game’s economy is entirely player-driven, with token supply tied to user engagement.

Shard Legends: Clan Wars sets TGE date

Shard Legends: Clan Wars will hold its Token Generation Event (TGE) on August 5. The studio confirmed the trading launch at 12:00 UTC, prompting an extension of the in-game mining phase through August 4. Players, referred to as Seekers, can enhance their positions in the upcoming token system before trading begins.

With token trading scheduled, the focus shifts to maximizing ticket acquisitions. The game’s ticket system allows players to earn Imperial Tickets by completing quests on a mining board. Silver tickets represent 15 percent of the total distribution, while Gold tickets account for 85 percent.

Earning Imperial Tickets

The current mining phase rewards active participation. Players earn points through quest completions, with 100 points translating into one Imperial Ticket. Points carry over and can be accumulated throughout the extended mining season, which initially began on June 8.

Dynamic token economy

Shard Legends boasts a unique Sovereign Token Economy, where the total supply of SLCW depends on player activity. The project allocates 83 percent of tokens to players and employs a dynamic anti-dump mechanism to stabilize sell pressure. Its inflationary model features a Dynamic Hard Cap, where 50 percent of in-game token expenditures are permanently burned, while the rest sustains a Clan Prize Pool for seasonal champions.

Game mechanics and player control

Shard Legends: Clan Wars incorporates an economic strategy within a tactical combat context, eschewing NPC merchants for player-controlled economies. Players can establish citizenship or claim Lordship in various cities, managing treasuries and tax rates that influence market dynamics. The game includes features such as a triple-tier market and a variety of competitive PvE and PvP modes.

Recent developments and mobile launch

The TGE follows a string of successes for Shard Legends, including its recent launch on the Solana Mobile dApp Store. Users receive Welcome Chests and can engage in clan activities and battles directly from their devices. After releasing its Arena PvP mode, the game reported a 667.5 percent rise in average revenue per paying user, reaching 43.12 USD.

Additionally, the studio has orchestrated seasonal events, inviting players to earn Founder NFT status, which may facilitate revenue sharing for long-term participants. With ticket farming anticipated before trading begins, interest in the game’s tokenomics remains high.

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George Tsagkarakis

George Tsagkarakis, known as Staycalm4now is a professional author in the crypto gaming industry since early 2018. He has experienced all the growth of Blockchain Gaming and helped multiple projects achieve their goals and established a player base. He is the co-founder of egamers.io and now the Founder and owner of CryptoGames.gg He is also the COO of MyStage, an…

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