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InvestmentsPlay-to-Earn Game DeFi Land Successfully Closes IDO, Prepares for Listing on FTX...

Play-to-Earn Game DeFi Land Successfully Closes IDO, Prepares for Listing on FTX and Raydium By DailyCoin

Play-to-Earn Game DeFi Land Successfully Closes IDO, Prepares for Listing on FTX and Raydium

DeFi Land, the play-to-earn sport that teaches the mechanism behind the DeFi world, has formally closed its IDO on Raydium, Gate.io and Solanium, with its DFL token scheduled for itemizing and buying and selling on November 24 at 4 PM UTC.

DeFi Land’s public sale of 100,000,000 tokens, 1% of DFL whole provide, has been concluded with 0.7% offered on Raydium, 0.1% on Gate.io and 0.2% on Solanium.

The Solana-backed crypto sport’s governance token, DFL, is now going to be listed on FTX, Gate.io, Raydium and Serum on November 24, with different listings to observe.

As Play-to-Earn video games are triggering pleasure for the crypto ecosystem, DeFi Land goals to take the “DeFi degen” tradition of farming and successfully “playing” with property to earn cash, and flip it right into a literal farming sport. DeFi Land will be thought of as a gamified interface for DeFi, moderately than a stand-alone sport.

DeFi Land is structured as a farming simulation the place every token is represented by a flower or a plant. By managing their digital farm and cultivating totally different merchandise, avid gamers will earn an actual yield from their discipline’s development whereas additionally increasing their information concerning the DeFi world and its nuances. DeFi Land relies on however is aiming for cross-chain interactivity, and it’s already linked with the main DeFi platforms and farms on Solana. DeFi Land goals to be the gateway into the world of farming for crypto-newbies, for whom diving into the present DeFi ecosystem could also be overwhelming at first. The sport additionally presents a “practice mode” the place avid gamers can find out about crypto buying and selling and farming utilizing faux property.

The DFL token would be the gas of the platform, enabling customers to manipulate the sport, stake to earn extra rewards, craft in-game NFTs and extra. The challenge is backed by Play-to-Earn and Solana heavyweights together with Jump Capital, Alameda, and Animoca.

“We are thrilled to announce the public sale of DeFi Land tokens,”
says DFL Erwin, DeFi Land’s nameless challenge lead.

“DFL will be used to govern our game, stake, trade and craft NFTs and more. Our community can expect various in-game use cases for our token, which will give them multiple ways of earning and learning.”
“DeFi Land is bringing a whole new level of Play-to-Earn gamification to DeFi,”
added GammaRay, co-lead of Raydium.

“Not only will it help onboard new users while driving liquidity and volume on Solana, it’s also going to be a ton of fun. Raydium is super excited for this launch on AcceleRaytor”
An FTX consultant added that

“The FTX team is excited to see the continued growth of blockchain gaming and thinks Defi Land fits a particularly good niche in this vertical”

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