6. Market Space

6.1 Market Analysis

Legends of Elysium will be part of the Play-And-Earn blockchain ecosystem of projects, leading the change of the emerging trend that focuses on the aspect of entertainment and high quality gaming, becoming one of the first Play-And-Earn projects in the space.

LOE market advantage is a unique approach to eSports events adding additional strategy elements to gameplay. Allowing all players to compete in online eSports events will be a driver of the success in the project adding popularity as well as marketing opportunity for participating partners.

The web3 gaming sector market cap in December 2021 is approximately $29.2 Billion. And it has grown in 2021 several times alone.

Below we can see the top P2E projects by their Market Cap. LOE will have an initial Market Cap of $475,000 without liquidity, and $825,000 Market Cap including liquidity at listing. The potential for growth of Legends of Elysium in the relatively fresh blockchain gaming market is enormous.

6.2 Competitive Landscape

Card games are a part of the Play-And-Earn ecosystem. They are successful entertainment productions that in majority cases have the gameplay based on classic approach to card games. Building a strong unique deck is the only strategy element giving advantage over other players.

Randomly selected cards from the deck are used to be played on the table and compete with the hand of the opponent. Bringing entertainment combined with the ability to monetise time of the players, resulted in a great success of the projects.

Few examples of such production and our competitors are Gods Unchained, Splinterlands, SkyWeaver, CryptoSpells and more.

Extending strategy elements of classic card games by adding boards and movement of units on the battleground, alongside with organising cyclical eSport events, where all players can participate in online tournaments, gives Legends of Elysium competitive advantage in the space.