The blockchain game project Legendary: Heroes Unchained is about to launch NFT minting and a preview version.

In 2022, there were a total of 334 public investment and financing events in the blockchain gaming sector, with a total financing scale reaching 4.4 billion USD, involving many prominent institutions. Recently, the blockchain game developer N3twork Studios, ranked high in terms of financing scale, is about to launch its first game, Legendary: Heroes Unchained (LHU).

N3TWORK Studios was established in January 2022 by the game team N3TWORK, which was acquired by a certain blockchain gaming platform. On May 18, 2022, N3TWORK Studios announced the completion of a $46 million Series A financing round, led by Griffin Gaming Partners, with participation from Kleiner Perkins, Galaxy Interactive, and others. The funding will primarily be used for the development of two blockchain games, Legendary: Heroes Unchained and Triumph.

N3TWORK Studios plans to approach from two angles: crypto-native games and a hybrid of free-to-play games and Web3. The upcoming LHU is a play-to-earn role-playing game based on the once-popular mobile game Legendary: Game of Heroes IP.

The N3TWORK Studios team has over 60 members from several well-known game companies. Neil Young serves as the Executive Chairman, Matt Ricchetti serves as the President, and Josh Sell serves as the Chief Operating Officer.

LHU opened pre-registration in September 2021, and by December, over 100,000 players had completed pre-registration. The game will introduce NFTs through Drops, which will be scheduled into corresponding Seasons. The Founder's season will provide players with the opportunity to purchase NFTs for the first time.

In the first quarter of 2023, the minting opportunity for Founder NFT will be opened, with two rounds in total. At the same time, an early access version will be launched, allowing users to earn other NFTs within the ecosystem. In the second quarter, the third round of the Founder NFT minting list and the second round of the early access version will be opened. In the third quarter, an NFT marketplace and tokens will be launched, allowing users to earn tokens and trade NFTs through games. In the fourth quarter, the second NFT collection will be released.

LHU is a hero-based card collection game that uses a play-and-own model. The game offers various modes including PvE, PvP, GvE, and GvG. Each hero has nine fixed characteristics and six assignable attributes that determine their performance in the game.

LHU adopts a dual-token economic model, which includes the utility token LHU with a fixed total supply and the functional token HP with no upper limit. LHU is primarily used for the hero evolution system and the marketplace, while HP is used to restore hero health points. There are also three types of off-chain currencies in the game: "energy, evolution, and health."

The N3TWORK Studios team has extensive experience in game development and publishing, with the potential to expand the audience for crypto games. Its economic model design draws lessons from previous games and plans to maintain ecological and economic balance through centralized regulation. However, the actual operational effectiveness still requires time and practical verification.