What is DeFi Kingdoms?
A well-known medieval-themed DeFi Play-to-Earn (P2E) RPG is called DeFi Kingdoms. The game’s charming, pixelated characters spend their days exploring taverns, banks, and gardens. It is powered by the Harmony One blockchain. They constantly summon new heroes. These Heroes are utility-based NFTs that give players a competitive edge, allowing them to win real money while gathering resources and battling enemies. The UniswapV2 protocol used by DFK serves both traders and liquidity providers.
Who is the mastermind behind DeFi Kingdom?
The organization that produced DeFi Kingdoms is called Kingdom Studios. On August 22, 2021, the group released Serendale. Team members’ names are obscured by clever nicknames, such as
- Beetle Dude (Application Manager)
- Bolon Soron (Community Director)
- brbrbr (data analyst)
- Cabby (pixel artist)
- Dreamer (President)
- Hubert Cumberdale (Director)
How to play DeFi Kingdoms?
Players can play DeFi Kingdoms in 5 simple steps:
- Registration for the MetaMask wallet is required to play.
- Deposit Harmony One tokens into your wallet to help cover gas costs, then exchange them for in-game currency, JEWEL.
- Go to the Defi Kingdom website and click on the “Start Playing” button.
- Create a character name and profile picture.
- Play by choosing where to put your time, energy and GEM.
Players mine an NFT by creating characters, which involves paying a gas fee that is verified through their MetaMask wallet. Users cannot change the appearance of their characters, so choose carefully.
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Features of Defi Kingdoms
1. Summon
The ability to summon is one of the main features of the game. By fusing the genes of two existing heroes, heroes can be summoned by going to the archdruid at the dimensional portal. It can be profitable to create a hero that is extremely uncommon and valuable when traded. Here heroes use “Gaia’s Tears” and Gems to feed a Summoning Crystal. Heroes have additional summoning abilities, such as B. The ability to embark on quests to earn rewards and experience.
2. Locations
The game contains a number of important locations. Each fulfills an important function:
- Marketplace: trade coins and make purchases
- Bank: risk-free coin staking
- Garden: pool brands
- Tavern: Buy, Sell, Rent NFT Heroes
3. Serendala
Defi Kingdoms is a cross-chain game with a number of realms. Players have different options in each area (world). The first realm introduced on the Harmony network was Serendale 1. But in October 2022 it was closed and turned into an outpost that allowed players to integrate bridge tokens from any chain into a realm of their choice. The JEWEL coin is used in this area.
4. Crystal Valley
The first expansion, called DeFi Kingdoms: Crystalvale, is on the DFK chain, part of the Avalanche subnet. The game currency in this universe is the CRYSTAL token. New hero classes will also be introduced to this world and there will be a brand new digital environment to explore.
What is DeFi Kingdoms JEWEL?
The DeFi Kingdoms JEWEL serves as both an in-game currency and a governance tool. The JEWEL token debuted alongside the Serendale project on Harmony. This token serves the same purpose for Serendale as CRYSTAL does for Crystalvale. JEWEL, on the other hand, is used to pay gas fees when Crystalvale transactions take place on the DFK chain.
Use of JEWEL tokens
- Mark out
- Liquidity Pools
- Choose
- In-game purchases
How to buy DeFi Kingdoms token
It is necessary to exchange JEWEL for another cryptocurrency such as ETH or USDT. By exchanging on exchanges like MEXC, CoinEX, Hotbit, SushiSwap and some others, users can get the token. You can buy most currencies on well-known exchanges like Crypto.com to get ETH or any other cryptocurrency to trade with JEWEL. Unfortunately, this coin is not currently available on any major US exchanges. You might be able to buy it with another cryptocurrency but make sure they follow all the rules and regulations.
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Defi Kingdoms JEWEL price analysis
Source: Coinmarketcap
The price of Defi Kingdoms JEWEL is $0.3006 at the time of writing, with a market cap of $18 million and a 24-hour trading volume that is up 59%. It now stands at $124,446. At the same time, the circulating supply is about 62,752,130 JEWEL according to crypto market tracker CoinMarketCap.
Tokenomics in Defi Kingdom
There are 10 million tokens that have been pre-minted and distributed:
- 5 million (Multi-Sig-Safe Development Fund)
- 2 million (Marketing Fund Multi-Sig Safe)
- 2 million (initial liquidity)
- 1 million (founders fund multi-sig safe)
DeFi Kingdoms NFTs
In the game, the heroes are the NFTs. These characters are relatively uncommon and can evolve over time as they gain experience through quests and battles. Users can also get them by summoning heroes or converting jewels into them. You can speak to Agent Selina at the Tavern about buying, selling, or renting her characters for cash. However, visit the market and talk to trader Zada there to buy other NFTs in the game.
In the video game DeFi Kingdom, heroes have several important statistics.
- Hit Points (HP) – A hero’s health, which can be restored by rest.
- Mana Points (MP) – These are used to cast spells and perform abilities.
- Endurance – Required for quest participation. Stamina is restored automatically.
- Strength – Increases the multiplier of attacks and certain actions.
- Dexterity – Affects attack damage with certain weapons.
How to make money by playing Defi Kingdom
There are many different ways to make money playing DeFi Kingdoms. More intriguing is the project’s continued intent to introduce new features. The following are current ways to make money with cryptocurrency:
- Heroes: The Marketplace allows users to trade, breed, or rent Heroes.
- Swap: Swap tokens with the merchant.
- Garden: Spend LP tokens and earn GEM or other rewards
- Bank: Deposit JEWEL tokens for xJEWEL or rewards.
- Careers: Send heroes on missions to earn rewards.
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How to Buy NFTs on DeFi Kingdoms
In DeFi Kingdoms, go to the tavern and talk to NPC agent Selina to buy, sell or rent heroes. By selecting Buy Heroes, users can view NFT Heroes for sale in-game. Stats, classes, skills, levels, gender, and other information about the characters are displayed on the front and back of the cards. Filters in the hero marketplace help you narrow your search. However, to purchase NFTs in-game, speak to merchant Zada in the Marketplace.
How to sell DeFi Kingdoms NFTs
When you visit the Tavern, select “Sell Heroes” to list your heroes for sale. Choose how much JEWEL you want to sell and whether you want to sell it on the open market or privately. The tavern will deduct 3.75% from the retail price.
Defi Kingdoms offers a fantastic opportunity for PlayOne gaming
Players are invited to enter a world of rewards, adventure, and a picturesque medieval twist in DeFi Kingdoms. The main goal of this well-known DeFi Play-to-Earn (P2E) RPG game is to improve users’ gaming experience. According to the blog, PlayOne Games, the ultimate blockchain games aggregation platform with a vibrant and engaged community, is a partner of DeFi Kingdoms.
Future of the Defi Kingdoms
The DeFi Kingdoms project has been extremely successful overall so far. Of course, recent integration with the Avalanche blockchain has created new opportunities for players who play to make money. Despite this, a pixelated RPG with NFT assets is still an innovative idea in DeFi gaming. Therefore, the latency phase of these types of games is still there. Looking ahead, DeFi Kingdoms intends to add more features such as: B. Player vs. Player, Player vs. Environment, NFT Pets, Guilds, and Resource Gathering.
Defi Kingdoms FAQs
- Is DeFi Kingdoms free?
Yes. The game is completely free to play and start.
- DeFi Kingdoms is available on mobile?
Yes. DeFi Kingdoms is now available on mobile devices.
- Is DeFi Kingdoms a game where you can make money by playing?
Yes. DeFi Kingdoms is a P2E NFT game. Players can create and trade hero characters that act as NFTs in the game.
- DeFi Kingdom uses what type of blockchain?
DeFi Kingdoms is a blockchain game that uses multiple chains. It uses the open and fast Layer 1 Harmony blockchain of the Ethereum network.
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