What’s happening at LoK Land Market? — Part 3. Best way to purchase LoK Land

Published in

NFTBank.ai

5 min readAug 14, 2020

In Part 1 and Part 2, we took a look at the overall features of LoK Land and the market information we need to check before we buy Land. Part3 will show you the process of finding a good Land to buy using the LoK Featured dashboard on NFTBank.ai, described in the previous articles. Part 3 may be easier to feel than Part 1 and Part 2, so please read Part 3 first. If you don’t understand it or want to analyze it in more detail, it would be helpful to read Part 1 and Part 2.

Part 1. Understanding Land Reward Program & Land Market Status

How many Land rewards have users received?
How many lands were supplied to the market through presales?
What is the actual Land volume & average price in the market?
What is the change in the volume of trade and transaction prices over time?

Part 2. Find a Land token worth investing in

What’s the current volume of Land tokens and the price of the listing?
What is the difference between the actual sale price and the listing price?
What is the land with the most cumulative rewards and how much?
The sale on OpenSea, is it worth the price?

All of this can be found at the LoK Featured dashboard on NFTBank.ai. Based on this dashboard, let’s look for answers to the previous questions. Take advantage of this dashboard if you want to keep monitoring your market status: https://nftbank.ai/dashboard/leagueofkingdoms

Part 3. Best way to purchase LoK Land

I’ve recently become interested in blockchain games, and I would like to buy the Lok Land because I like its reward system where I can make money while playing games. But, l have no idea what kind of land I should buy at what price because there are so many Zones and Lands in each Zone.

I heard there is a lot of information about LoK Land on a site called NFTBank.ai. I’ll have to check it out. Like the picture below, if you click League of Kingdoms on the Featured dashboard, you can find various information about the Land on several tabs. Then, let’s find a good Land through those materials!

NFTbank.ai featured dashboard for LoK — REWARD STATS BY ZONE page

1. Check maps for the type of information you want

I first checked the Land near a user with high development points. Especially in the circled part of the picture below, the development points are generally high, so it’d be good to be around there. After checking this circle part’s reward and level, I think it’s a perfect place because both the reward and the level are high.

By the way, is there anyone who sells the surrounding Land? I checked the On sale type (left) and found that there are 3 Lands on sale in the area that I want! Each level 6 Land is listed on 2.75 ETH.

But I don’t know if it’s a reasonable price. I want to know how much level 6 Lands were sold on average recently and how much it is now on average! Can’t I check this information right away? Let’s click on one of the three Lands Then you can see a pop-up window (right). You can take a closer look at historical reward information for this Land. I like this Land more because its reward is getting higher and higher! Also, you can check out the historical market price of the same level of Land! In addition to this, it also provides the average price information of the surrounding Lands. (1 hop is 8 Lands around, 2 hop is 24 Lands around ) We can see that this Land is being sold cheaper than the average price of the surrounding Lands.

Now, let’s focus on market information and evaluate whether the land we saw is affordable!

2. Check market information for each Land level and evaluate the Land

Do you remember that? There was market data right above the map! Since they are level 6 Lands, shall we click on level 6? Then you can only check the information about level 6 Land. Also, the table on the right shows only the list of level 6 Land currently on the market.

If you look at the picture below, in the last two weeks, the level 6 Lands have been sold at 4.99ETH, and the average price of the level 6 Lands on the market now is very high at 5.17ETH. By the way, each Land I saw earlier was 2.75ETH, so it was very cheap compared to the past transaction price or the current average market price! Also, if you look at the table on the right, I sorted the level 6 Land on the market from the lowest price, and the Land I saw earlier was the cheapest at 2.75ETH among the level 6 Lands!

3. Click OpenSea to easily purchase the Land you choose

Also, if you found the Land you want, it’s so convenient to go to the OpenSea right away without having to search for the Land again in the OpenSea!

Conclusion

Isn’t it too easy to shop because you can find the Land on the map that has the characteristics that you want and check the market information about the same level of Land on one page? NFTBank.ai is providing a variety of data to help users get a sense of the price of the asset more easily and make more reasonable transactions. Also, we offer newsletters that show you weekly information about your assets, so if you’re interested, visit NFTBank.ai and simply sign up!