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DeFi Kingdoms: Euphoric Earning With a Touch of Nostalgia

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  • DeFi Kingdoms is a video game, a decentralized exchange, a liquidity pool, an epic market for NFTs driven by utility, and it all plays out smoothly, in the form of fantasy pixel art, giving the users nostalgia.
  • DeFi Kingdoms is gaining traction rapidly among the latest play-to-earn games based on blockchains that are entering the space due to the Web3 Craze.
  • The native token of DeFi Kingdoms is JEWEL, which was trending at the price of $20.52, up by 6.96% in 24 hours at the time of this writing.

What is DeFi Kingdoms?

DeFi Kingdoms is a game developed on the blockchain of Harmony and combines features of a decentralized exchange, Non-Fungible Tokens, and liquidity pools. DeFi Kingdoms are basically the characters the users control to take part in quests and adventures for receiving the game tokens.

The motivation behind the development of the game was to bring together the aspects like liquidity pools, DEX, NFTs all inside the same space. So it’s not just a game, it is a place to earn through multiple aspects, as mentioned above too, where the users don’t have to search for these separately on the internet. The developers wanted to make all these things to be experienced by the users in a more joyful way. NFTs can be collected regularly through the quests that authentically offer monetary returns to the users.

ALSO READ – SEGA GOT FORCED TO THINK AFTER GAMERS DENIED NFTS

The Innards of DeFi Kingdoms

The JEWEL Token

A Jewel token is not just an ordinary crypto asset. It is being established by the devs as the prime token of value for DeFi Kingdoms. Heroes and Kingdoms, the NFTs in the game, can be acquired through the utilization of JEWEL tokens. Apart from this, JEWEL can be used for purchasing various in-game buffs, such as refreshing the stamina of character, speeding up, etc.

The DEX

In the heart of DeFi Kingdoms, there is a decentralized exchange that utilizes tried and true UniswapV2 Protocol. The devs are lured towards blockchain technology because of the investment aspect, and the devs want the users to do it in a fun way.

Tokens can be swapped from the market at live prices. Users are able to act as the liquidity providers by adding liquidity to the pools of their choice. Fees will be earned every time the tokens are traded by anyone. JEWEL reward can also be gained by staking Liquidity Providing tokens in the Gardens.

Source: https://docs.defikingdoms.com/how-defi-kingdoms-works/decentralized-exchange

The Garden

At the core of DeFi Kingdoms, there are the Gardens, which allows the users for staking the Liquidity Provider tokens to gain JEWEL tokens, which can be utilized in-game for acquiring NFTs and other in-game products. This really is a robust element of the game and joyful too.

The Heroes

The Heroes are the playable characters of the game and also serve as NFTs of DeFi Kingdoms. The heroes can be leveled up and can earn JEWEL through these heroes by doing tasks in-game.

Every hero of the game is distinct and can be summoned via the portal of dimensions. There are digitally unlimited combinations of parts, making each hero distinct from others. 

Source: https://docs.defikingdoms.com/how-defi-kingdoms-works/the-heroes

The Kingdom

DeFi Kingdom’s universe has a limited resource supply that can be purchased in the game. Users can not only acquire land, but can construct their own unique kingdoms and maintain them through regular updates. The acquired land will house the kingdom developed by the users and will remain uniquely visible to the others on the world map of DeFi Kingdoms.

DeFi Kingdom’s Roadmap

The Game’s roadmap is divided into 7 phases, of which, the targets of the initial couple of phases have been achieved, including building the community, releasing the world map, and introduction of JEWEL token that can be utilized in-game. More things are awaiting to be developed, which can be witnessed by the users on the official roadmap available on the DeFi kingdom’s official website.

Will DeFi Kingdoms Thrive?

Although games like Axie Infinity are most popular among users, stats says something else. As per the volume metrics from a website, DeFi Kingdoms is crushing others in terms of volume.

Source: https://dappradar.com/rankings/category/games

Finally, I would say that there are games well-liked by others, but DeFi Kingdoms indeed is looking prominent. The statistics don’t lie, and as the game will receive updated patches in the future, it may lure more players that are currently into the rest of the popular games.

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