YGG Play Launches Launchpad Platform, First Project is LOL Land's Token LOL

YGG Play, supported by Yield Guild Games, has announced the launch of its Launchpad platform, aimed at supporting casual gaming (Casual Degen gaming). Its first project is the in-game loyalty and reward token LOL for the game LOL Land. The official statement emphasizes that LOL is a game utility token traded exclusively on DEXs, with no plans for listing on centralized exchanges. According to the timeline, the Launchpad will open on October 15 and initiate point-based tasks; the contribution period will run from October 29 to 31; the LOL token will officially launch and begin trading on DEXs on November 1. The total supply of LOL tokens is 5 billion, with a fully diluted valuation (FDV) of $900,000. In terms of token allocation, 10% will be used for Play-to-Airdrop, 10% for Launchpad activities, and 10% for the development team, with YGG Play itself holding no share. Additionally, LOL Land's Play-to-Airdrop campaign began on August 15, distributing 10% of the total token supply to players via airdrops.