BLOCKLORDS
LRDS Rank 7076 Rank 7076
$0.023851 (+1.68%)

BLOCKLORDS LRDS price:

$0.023851 (+1.68%)
1h-1.22%
24h+1.68%
Week-0.07%
Month+2.32%
Year-84.89%
ETH 0.000010 (+1.45%)
BTC 0.00000031 (+1.49%)
$0.023003 24h Range $0.024246
The live BLOCKLORDS price today is $0.023851, with a 24-hour trading volume of $30,516.05. LRDS has changed +1.68% in the last 24 hours.

BLOCKLORDS (LRDS) Metrics

Basic info
Source code
Asset type
Contract Address
Explorers
Market Cap Rank 7076
no data
All Time High
$0.365695 17 Mar 25 % to ATH (1,423.40%)
Volume (24h) Rank 2738
$30,516.05 BTC 0.393076
Circulating Supply
Update supply form
no data Total:100,000,000 Max: 100,000,000

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BLOCKLORDS (LRDS)

What is BLOCKLORDS?

BLOCKLORDS (LRDS) is a blockchain-based strategy game launched in 2022 by a team of developers focused on creating a unique gaming experience that integrates decentralized finance (DeFi) elements. The project aims to provide players with the ability to build, manage, and expand their own kingdoms while engaging in a play-to-earn model that rewards users for their in-game achievements. The game operates on the Ethereum blockchain, utilizing smart contracts to facilitate gameplay mechanics and transactions. Its native token, LRDS, serves multiple purposes within the ecosystem, including governance, in-game purchases, and staking rewards, allowing players to have a say in the game's development and direction. BLOCKLORDS stands out for its combination of traditional strategy gaming with blockchain technology, enabling true ownership of in-game assets and fostering a vibrant player-driven economy. This innovative approach positions BLOCKLORDS as a significant player in the growing intersection of gaming and blockchain technology, appealing to both gamers and crypto enthusiasts alike.

When and how did BLOCKLORDS start?

BLOCKLORDS originated in October 2021 when the founding team released its whitepaper, outlining the project's vision and mechanics. The project launched its testnet in March 2022, allowing early users to engage with the platform and provide feedback. This marked the initial public availability of BLOCKLORDS, facilitating the testing of its core features and gameplay elements. Following the testnet phase, the mainnet was launched in November 2022, signifying a significant milestone in the project's development and enabling broader participation in the ecosystem. Early development focused on creating a decentralized gaming platform that integrates blockchain technology with traditional gaming elements. The initial distribution of tokens occurred through a fair launch model, which aimed to ensure equitable access for participants. These foundational steps established the groundwork for BLOCKLORDS's growth and the development of its community and ecosystem.

What’s coming up for BLOCKLORDS?

According to official updates, BLOCKLORDS is preparing for a significant expansion of its gameplay features, with a major update planned for Q1 2024. This update will introduce new gameplay mechanics and enhance user engagement through improved graphics and user interface. Additionally, BLOCKLORDS is set to launch a new marketplace feature aimed at facilitating player-to-player transactions, which is expected to go live in Q2 2024. The team is also focusing on community governance enhancements, with a governance proposal scheduled for Q3 2024 that will allow players to have a greater say in the development of the game. These milestones aim to improve user experience and engagement, with progress tracked through their official channels.

What makes BLOCKLORDS stand out?

BLOCKLORDS distinguishes itself through its unique blend of blockchain gaming and decentralized governance, enabling players to truly own their in-game assets. Built on a Layer 1 blockchain, BLOCKLORDS utilizes a modular architecture that allows for high scalability and low latency, enhancing the gaming experience. The platform incorporates a play-to-earn model, which not only incentivizes gameplay but also fosters a vibrant economy where players can trade assets freely. Its governance model is community-driven, allowing players to participate in decision-making processes that shape the game's future. Additionally, BLOCKLORDS features cross-chain compatibility, enabling interoperability with other blockchain ecosystems, which broadens its user base and enhances asset liquidity. The project also emphasizes security through robust consensus mechanisms, ensuring that player assets are protected against potential threats. The ecosystem is further enriched by partnerships with various blockchain projects and gaming platforms, providing additional resources and tools for developers. This combination of innovative technology, community engagement, and strategic partnerships positions BLOCKLORDS as a distinct player in the evolving landscape of blockchain gaming.

What can you do with BLOCKLORDS?

BLOCKLORDS offers a range of functionalities for its users, holders, validators, and developers within its ecosystem. The native token serves multiple purposes, including facilitating transactions and covering fees associated with in-game activities. Users can engage with the platform by participating in various gameplay mechanics, such as building and managing their own kingdoms, trading resources, and participating in battles. Holders of the token can stake it to contribute to the network's security and governance, allowing them to vote on important proposals that shape the future of the platform. Validators play a crucial role in maintaining the integrity of the blockchain, ensuring that transactions are processed efficiently and securely. For developers, BLOCKLORDS provides tools and resources for creating decentralized applications (dApps) and integrating with the platform. This includes access to software development kits (SDKs) and APIs that facilitate the development of new features and functionalities. The ecosystem also supports various wallets and marketplaces, enabling users to manage their assets and engage in trading activities seamlessly. Overall, BLOCKLORDS combines gaming and blockchain technology to create a dynamic environment for all participants.

Is BLOCKLORDS still active or relevant?

BLOCKLORDS remains active through its ongoing development and community engagement. As of October 2023, the project has released several updates, focusing on enhancing gameplay mechanics and user experience. Recent announcements indicate that the team is working on new features and expansions to the game, which suggests a commitment to continuous improvement and user satisfaction. The project maintains a presence on various social media platforms, where it actively engages with its community, providing updates and gathering feedback. Additionally, BLOCKLORDS has established partnerships with other blockchain projects, further integrating its ecosystem and expanding its reach within the gaming sector. These indicators, including recent updates, community involvement, and strategic partnerships, support BLOCKLORDS' continued relevance in the blockchain gaming landscape. The project is designed for gamers and blockchain enthusiasts, aiming to create an engaging and interactive experience that leverages the benefits of decentralized technology.

Who is BLOCKLORDS designed for?

BLOCKLORDS is designed for gamers and blockchain enthusiasts, enabling them to engage in a decentralized gaming ecosystem. It provides tools and resources such as in-game assets and a user-friendly interface that supports gameplay and interaction within the blockchain environment. Primary users include gamers who seek immersive experiences and ownership of their in-game assets, allowing them to trade, sell, or utilize these assets across different platforms. The project also targets developers interested in creating and integrating blockchain technology into gaming, offering SDKs and APIs to facilitate development and enhance user experiences. Secondary participants, such as content creators and community members, engage through content creation and community governance, contributing to the ecosystem's growth and sustainability. By fostering a collaborative environment, BLOCKLORDS aims to empower users and developers alike, promoting innovation and participation in the blockchain gaming space.

How is BLOCKLORDS secured?

BLOCKLORDS employs a proof-of-stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. This model requires participants to stake a certain amount of the native token to become validators, ensuring they have a vested interest in the network's security and performance. The protocol utilizes advanced cryptographic techniques, such as elliptic curve digital signature algorithm (ECDSA), to ensure secure authentication and data integrity. This cryptography safeguards against unauthorized access and ensures that transactions are verifiable and tamper-proof. Incentive alignment is achieved through staking rewards, which are distributed to validators for their participation in the network. Additionally, a slashing mechanism is in place to penalize malicious behavior or negligence, thereby discouraging actions that could compromise network security. To further enhance resilience, BLOCKLORDS incorporates regular audits and governance processes that allow the community to participate in decision-making, alongside maintaining client diversity to mitigate risks associated with centralization.

Has BLOCKLORDS faced any controversy or risks?

BLOCKLORDS has faced some risks primarily related to the evolving landscape of blockchain gaming and regulatory scrutiny. As a project that integrates blockchain technology with gaming, it is subject to potential regulatory challenges concerning the classification of in-game assets and their treatment under financial regulations. The team has proactively addressed these concerns by engaging with legal experts to ensure compliance and transparency in their operations. Additionally, like many blockchain projects, BLOCKLORDS is exposed to technical risks, including vulnerabilities in smart contracts and potential exploits. To mitigate these risks, the development team has implemented rigorous security audits and established a bug bounty program to encourage community participation in identifying vulnerabilities. Ongoing risk factors include market volatility and the need for continuous updates to maintain security and user engagement, which the team addresses through regular updates and community communication.

BLOCKLORDS (LRDS) FAQ – Key Metrics & Market Insights

Where can I buy BLOCKLORDS (LRDS)?

BLOCKLORDS (LRDS) is widely available on centralized cryptocurrency exchanges. The most active platform is Coinbase, where the LRDS/USD trading pair recorded a 24-hour volume of over $11 696.92. Other exchanges include Gate and Kucoin.

What's the current daily trading volume of BLOCKLORDS?

As of the last 24 hours, BLOCKLORDS's trading volume stands at $30,516.05 , showing a 61.47% decline compared to the previous day. This suggests a short-term reduction in trading activity.

What's BLOCKLORDS's price range history?

All-Time High (ATH): $0.365695
All-Time Low (ATL): $0.017699

BLOCKLORDS is currently trading ~93.44% below its ATH and has appreciated +1% from its ATL.

How is BLOCKLORDS performing compared to the broader crypto market?

Over the past 7 days, BLOCKLORDS has declined by 0.07%, underperforming the overall crypto market which posted a 0.07% gain. This indicates a temporary lag in LRDS's price action relative to the broader market momentum.

Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.

All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.

Coinpaprika is not liable for any losses resulting from the use of this information.

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BLOCKLORDS Basics

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  • Ethereum (ETH) Token (ERC-20) (13346)
  • Base Ecosystem (1862)
  • Gaming (637)
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