What is Blocklords and What Makes the IRDS Token Unique?

In the ever-changing world of gaming and cryptocurrency, BLOCKLORDS has rolled out its own digital gem, the LRDS token. Let's break down what this token does and why it matters.

What’s the Deal with LRDS Token?

BLOCKLORDS is a strategy game that’s taken a leap into the blockchain universe with its LRDS token, an ERC20 token on the Ethereum network. Think of LRDS as the game’s secret sauce. It’s not just money in the game; it’s your ticket to power. Players can stake their tokens to boost their influence, grab rare in-game goodies, and even have a say in how the game evolves. Plus, it helps validate transactions on the game’s upcoming L3 Lordchain. This move to integrate digital assets into gaming isn’t just a fad; it’s about making the game more fun and getting the community involved. Want more details? Check out BlockChainGamer.

Earning and Using LRDS

$LRDS tokens are the lifeblood of BLOCKLORDS, letting players rack up rewards and make big moves on the battlefield.

You can earn $LRDS by diving into quests, winning battles, and running your kingdom like a boss. The more you play and succeed, the more $LRDS you’ll stack up.

So, what can you do with all that $LRDS? Plenty:

• Buy Cool Stuff: Grab season resource packs, exclusive heroes, and time boosts.
• Flex Your Influence: Holding $LRDS lets you sway in-game events and decisions, giving you an edge.

Role in LORDCHAIN and Node Participation

$LRDS goes beyond just the game. It plays a crucial role in LORDCHAIN, a key part of the BLOCKLORDS universe. By locking in your $LRDS tokens, you can secure nodes that help validate transactions and manage the treasury (BLOCKLORDS Wiki). This isn't just about keeping the network stable; it's also about earning rewards for your contribution.

Blocklords has a node rewards program where you can lock a minimum of 500 tokens for 13 weeks. In return, you get exclusive rewards when LORDCHAIN goes live. This program is designed to boost player investment and build a strong, engaged community.

The role of $LRDS in LORDCHAIN and the node participation program shows how BLOCKLORDS is blending decentralized finance and governance into its gaming experience. This gives the token a multi-layered utility that goes way beyond just in-game purchases.

Price History and Market Capitalization

Looking at the price history of LRDS gives us a good idea of how the token has been doing. BLOCKLORDS hit its peak price at BTC 0.00003220 on Jul 25, 2024, just 4 days ago. Right now, the price is -30.50% lower than that all-time high, showing just how volatile the market can be. On the flip side, the token's lowest price was BTC 0.00002042 on Jul 28, 2024, about 20 hours ago, and the current price is 3.40% higher than that CoinGecko.

The market cap of LRDS, which you get by multiplying the current token price with the circulating supply (7.3 million tokens), is BTC 150.9398, putting it at #1323 on CoinGecko today. The fully diluted valuation (FDV), which assumes all 100 million LRDS tokens are in circulation, is BTC2,057.5476. The FDV gives a theoretical market cap if all tokens were out there, which might take years to happen depending on the token's emission schedule CoinGecko.

For those wondering "what is BLOCKLORDS LRDS?" these market insights are a good starting point. While the stats give a snapshot of the current market, it's crucial to dig deeper and stay updated with the latest news in the BLOCKLORDS space.