Venture Beat: “Picking up on a global trend, Loco has launched Loco Legends, which it bills as India’s first non-fungible token platform for esports.”

“Loco said it is dedicated to democratizing gaming entertainment in the country, and it said its platform will allow users to own and trade esports collectible assets, helping them turbocharge their fandom and experience the thrill of stepping into the shoes of esports scouts.”

“The first asset on Loco Legends will be NFT esports cards. This offering combines NFTs and free-to-play esports fantasy gaming. Users can purchase NFT trading cards allowing them to buy and sell cards amongst each other and also participate in free-to-play fantasy pools. By collecting, owning, and trading these limited edition digital collectibles, Loco is designing a unique fan experience, where users can truly get closer to their heroes, build real world connections, and enhance their watching experience.”

“The NFTs will be limited in number and unique to each owner. Loco is the first to build a large-scale consumer platform of this sort in India that is embracing NFTs and web3.”