Lordmancer 2 is a unique mobile game application, developed for both iOS and Android platforms, that has an integrated cryptocurrency within it in order to run its internal economy. This cryptocurrency, known as Lord Coin, will be able to be mined within the confines of the game and then spent either within the game itself or outside the game environment.
What Is Lordmancer 2?
Lordmancer 2 is being developed by Active Games, LLC, co-founded by Russian business entrepreneurs Anton Telitsyn and Ilya Mikov.
Active Games has already launched crowdfunding efforts. As its Lord Coin digital currency is based off Ethereum, the pre-ICO sale raised a total of 334 Ethereum – about $100,000 USD – from 136 preliminary investors.
Lordmancer 2 Product
Lordmancer 2 is currently in open beta and is available on Google Play for Android devices. It will be available on both Android and iOS devices once the game goes live.
The finished game will be a multiplayer free-to-play online role playing game, with features reminiscent of many popular online mobile and desktop games. The economy, in which players can buy and sell in-game items to and from one another, will use Lord Coin as its currency. This digital currency will be available for purchase directly within the game or through outside cryptocurrency exchanges.
The Lordmancer 2 ICO is scheduled to begin on November 7, 2017. The price per Lord Coin is set at $0.125, but presales are being accepted by Active Games right now that offer a 20% discount on orders of 20 Ethereum worth of Lord Coin or more. This drops the price to $0.10 per Lord Coin.
Lordmancer 2 Opportunity
The opportunity presented by Lordmancer 2’s ICO is to invest heavily in a new cryptocurrency that has a built-in economic base in the form of the online game. Investors can either hold on to their Lord Coin in order to grow their investment before eventually selling it to Lordmancer II players on cryptocurrency exchanges, or they can use it themselves within the game as they see fit.
Lordmancer 2 Verdict
Lordmancer 2 represents a unique take on cryptocurrency. Creating a built-in economy for Lord Coin in the form of in-game purchases leverages the online gaming industry, and having the Lord Coin token being tradeable on external exchanges makes it possible to invest now and reap the rewards after Lordmancer 2 goes live.
That being said, it’s only going to be a solid opportunity if Lordmancer 2 becomes a relatively successful mobile game. While free-to-play games often are successful when it comes to digital microtransaction purchases, the mobile game market is relatively crowded right now; Lordmancer 2 may face some hurdles gaining market share.
Investing with caution is likely a good idea.