New gaming league pitting NFT communities against a

Arena and MetaReact officially announce League of Degens (LoD)

Denver, Colorado, United States, 01 Feb. 2022 (GLOBE NEWSWIRE) — Play-To-Earn industry leader Arena continues its journey to revolutionize the gaming and blockchain space with the announcement of League of Degens (LoD). LoD is a competitive and DAO gaming league that pits NFT communities against each other in different gaming events.

Every NFT community is welcome to join and line up their teams to play against each other. The entry fee will be three ETH per team per season, which will grant them DAO membership and a place in the league. The DAO will use proceeds from the entry fee to purchase NFTs (sweep the floor) from the winning community. This raises the floor price of the winning community and creates a treasure trove of awesome NFTs for the DAO.

“Since we launched Arena, we have set out to be pioneers in this industry and bring innovative ideas to change the gaming industry,” said Chase Thompson, CEO of Arena. “League of Degens will not only bring a new dimension to the game, but it will provide individuals with more enhanced ways to earn money. more and more teams are joining.

Arena is a play-to-win gaming platform and network for any video game. In addition to competing for prize pools, all participants will earn Arena Tokens for fielding teams, participating in events, or doing anything else on arena.gl.

Arena works closely with CryptoDads, one of LoD’s launch partners, as well as several other top NFT communities that we will announce soon.

About the Arena

Arena is a gaming platform to win that cooperates with any video game. Launched in February by Co-Founder and CEO, Chase J. Thompson, Arena, at its core, serves as the foundation for what gaming infrastructure communities need to coordinate, engage, and play with each other. others.

Connect / Follow Arena: LinkedIn | Twitter | Discord

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