DeFi Kingdoms is a game built on the Harmony Blockchain, with a whole ecosystem of features including a Decentralized Exchange (DEX), its native JEWEL token and Non-Fungible Tokens (NFTs) that consists of Heroes, Equipment and Kingdoms, all delivered in a pixel-based format.
Since release, the game has shot up to the number 1 position on the Harmony Blockchain Decentralized Applications (Dapp) list, with a Total Value Locked (TVL) of close to $145Million, surpassing other popular project such as EnterDao and BakerySwap.
While the game has upcoming features such as battling and quests, its current available features revolve around its functions as a DEX, liquidity providing and staking of its native token JEWEL. Though there are currently 199 token pairs, the highest Annual Percentage Rate (APR) pairs usually involve the JEWEL token.
According to their roadmap, the gameplay so far will be revolved around “Heroes”. These heroes go by “Gen”s or generations, with the first one being “Gen 0”. 2000 Heroes were minted for sale, which sold out in 11 minutes for a total of $4 Million, with a further 50 being airdropped to early adopters.
These Heroes have special traits, classes, professions and can even come in a shiny version, which is purely cosmetic but implies a certain rarity. Currently, the in-game marketplace does not facilitate the buying and selling of heroes, but they can be viewed and sent in the Tavern section. These heroes are required to partake in two types of main quests, adventure, and profession. Qcan not only reward with items and JEWEL tokens, but also assist with yield farming, gaining experience to level up your character as well as unlocking your tokens earlier.
With all the new projects popping up – it is hard to wrap your head around how one game can stand out from the rest. However, DeFi Kingdoms does just that, with a solid team, exciting potential gameplay and strong community engagement via Twitter, Discord and Youtube.
Despite their high APR, the JEWEL token has seen a steady rise in price thanks to attractive staking rewards and a forward-looking vesting schedule.
Furthermore, they are only at Phase 2 of their roadmap, with most of the actual gameplay features set to come out in 4 more phases by Q2 2022.
The project also has plans to bridge to other chains eventually, which is likely to increase user growth significantly, gain investor trust and add more tokens pairs to the DEX.
So, whether you’re looking for the next Axie Infinity, excited about decentralized gaming or even just looking to farm yields, Defi Kingdoms might just be the place to start your journey.
Source:
MMA_Crypto