CryptoBlades Kingdoms (KING) Token Explained: GameFi Overview & Market Reality

Ever wondered what CryptoBlades Kingdoms (KING) actually is and whether it matters to a gamer or an investor? This guide breaks down the token’s purpose, how it fits into the CryptoBlades gaming universe, its technical backbone, market performance, and the real risks you face before buying or playing.

Key Takeaways

• KING is a BEP‑20 utility token on Binance Smart Chain, created for the CryptoBlades Kingdoms game.
• The token replaced $SKILL from the original CryptoBlades and is used to buy in‑game gold.
• Market data (Jan2025) shows a price around $0.00069 with a 24‑hour volume of just $6‑7, indicating almost no liquidity.
• Trading is limited to DEXes like ApeSwap; no major centralized exchanges list KING.
• Because of low liquidity, lack of supply transparency, and minimal community activity, KING is unsuitable as an investment but may still serve its niche gaming function.

What is CryptoBlades Kingdoms (KING) Token?

KING is a BEP‑20 utility token that powers the CryptoBlades Kingdoms GameFi ecosystem. It launched as the successor to the original CryptoBlades token, $SKILL, when the Kingdoms version rolled out in late 2021.

The token lives on the Binance Smart Chain (a high‑throughput, low‑fee blockchain compatible with Ethereum tooling), giving it cheap transaction costs-important for micro‑transactions in a play‑to‑earn game.

How Does KING Work Inside the Game?

In CryptoBlades Kingdoms, players build villages, recruit heroes, and battle enemies. The in‑game economy revolves around two currencies:

• Gold - bought on‑chain with KING, then converted to an off‑chain token that powers combat and upgrades.
• KING - the only on‑chain token required to purchase gold, stake for rewards, or trade on DEXes.

When you spend KING to buy gold, the transaction burns the used KING (or locks it in a smart contract) and credits you with the required gold amount. This creates a closed loop: the more you play, the more gold you need, and the more KING you must acquire.

Technical Specifications

Here are the core specs of the token:

• Standard: BEP‑20 (ERC‑20 compatible) on BSC.
• Contract address: 0x... (publicly available on BscScan).
• Total supply: Not publicly disclosed; most aggregators list "circulating supply unknown".
• Primary exchange: ApeSwap (a decentralized exchange on BSC where most KING liquidity resides).

Price snapshots (January2025): $0.00068988 per KING (CoinGecko), $0.000154 per KING (LiveCoinWatch), €0.000084 per KING (Kriptomat). Daily trading volume hovers around $6‑7, signaling near‑zero market participation.

Market Performance and Liquidity

KING reached its all‑time high of $0.8680 on 3Oct2021, just days after launch. Since then, the token has lost more than 99% of its value. Ranking data shows it sits beyond the top9,000 cryptocurrencies by market cap on CoinGecko and LiveCoinWatch.

Low liquidity is the biggest red flag. With only $6‑7 of volume each day, even tiny trades can cause large price swings, and slippage often exceeds 50%. Moreover, the lack of a reported circulating supply makes market‑cap calculations impossible, eroding any semblance of transparency.

Comparison with Other GameFi Tokens

From the table it’s crystal clear: KING’s market depth and community engagement are dwarfed by even its predecessor, let alone a heavyweight like Axie Infinity.

How to Buy and Use KING

Because no major CEX lists KING, you’ll need a crypto wallet (MetaMask, Trust Wallet, etc.) and access to a BSC‑compatible DEX. Here’s a quick walk‑through:

1. Set up a BSC wallet and fund it with BNB for gas fees.
2. Visit ApeSwap and connect your wallet.
3. Search for "KING" using its contract address.
4. Enter the amount you want (keep in mind that $1 buys roughly 1,450 KING at current rates).
5. Confirm the transaction, pay the BNB gas, and wait for the trade to settle.

Remember: minimum purchase requirements differ by platform. Kriptomat, for example, forces a €15 minimum, which translates to about 21,000 KING at today’s price-far more than most players need for a single in‑game purchase.

Risks and Drawbacks

• Liquidity trap: With $6‑7 daily volume, you may not be able to sell without massive slippage.
• Supply opacity: No verified circulating supply makes market‑cap calculations speculative.
• Community decay: Forums, Discord, and Telegram activity have dwindled to near‑zero, limiting real‑time support.
• Regulatory uncertainty: As a utility token in a gaming platform, it may fall under future virtual‑asset regulations, but there’s no clear compliance roadmap.
• Technical barriers: Users must manage BSC gas, wallet connections, and large numerical balances (thousands of tokens per dollar).

For investors seeking price appreciation, these factors heavily outweigh any potential upside. For players who already own the game, KING remains the only way to purchase gold, but even then the cost is minuscule compared to the effort needed to manage the token.

Future Outlook and Alternatives

There are no announced roadmaps, development updates, or new tokenomics plans for KING as of early 2025. The most realistic scenario is that the token will stay dormant, serving only the handful of residual players.

If you’re interested in GameFi with healthier ecosystems, consider tokens like:

• AXS (Axie Infinity) - robust marketplace, active governance, high liquidity.
• SAND (The Sandbox) - strong developer support and metaverse integrations.
• GALA (Gala Games) - multi‑game platform with clear token utility.

These projects offer transparent supply data, larger communities, and listings on both centralized and decentralized exchanges, reducing the entry barriers you face with KING.