Solana Based DeFi Land Game Introduces Play-to-Earn Feature May 19, 2022 May 19, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsMay 19, 2022 by Kelly Cromley

Solana Based DeFi Land Game Introduces Play-to-Earn Feature

The web-oriented multi-chain agriculture themed game DeFi Land was primarily created to add some fun to decentralized finance. The developers behind the game had stated that the platform will offer all the features seen on conventional games but in an easily accessible space. Additionally, the third well-known game hosted on Solana blockchain, DeFi Land, intends to gamify the DeFi domain by incorporating investment aspects into the game.

DeFi Land introduced a fresh series of Play-and-Earn games yesterday. Although the prevailing DeFi Land domain did not incorporate any play-to-earn aspects, it has gained more than 7,500 daily active users who find happiness in managing their farms. The roll out of the Play-and-Earn aspects happens after a partnership between DeFi Land and STEPN.

The participants in DeFi Land game have been receiving attention for the past few days. The manner in which the game has been structured, devoid of any monetary rewards, has obtained solid encouraging feedback from the entire blockchain-focused gaming community. This paved way for the farming game to transform into the third-largest game with respect to market cap. Additionally, the game has become the foremost gamification venture developed on Solana.

DeFi Land has achieved much more. The game has received an overall positive ranking, primarily due to 7,500 daily active users (DAU) and 25,000 monthly active users (MAU). Nevertheless, game enthusiasts anticipate the gaming sector to undergo further innovation as DeFi Land’s team starts working on Play-to-Earn aspects. Furthermore, players can carry out a series of activities and gain further experience after the rollout. Users will be able to fish, shoot, farm drive harvesters, take care of pets, and so on.

DeFi Land has a great possibility of rising as a top-notch and easily accessible Play-and-Earn game. It can be remembered that farm-themed games are not new to the gaming arena. Nearly everyone comes across them in their everyday online engagements. Therefore, DeFi land users can anticipate additional growth and expedition so after the rollout.

With the rollout of P2E feature, rewards will play a major part in the gaming adventure. As per reward, players will obtain the in-house $DFL token in addition to the new in-game currency, $GOLDY. Additionally, these currencies perform a major role in the gaming platform. Players can utilize them for socialization with the rest of the players, craft, repair, and carry out upgrades on their in-game NFTs.

On the day of launch, the in-game NFTs were in high demand. The entire collection got sold in a matter of 16 seconds, amassing $1.75 million. Furthermore, in the secondary marketplace OpenSea and Magic Eden, the NFTs were traded for 2.5 times the floor price as these NFTs were absolutely necessary for general gameplay. Players must hold a DeFi Land Gen-0 NFT to utilize the Play-and-Earn aspects.

Nevertheless, DeFi Land can be accessed without making any investment. Players will be able to earn XP and rise through the leaderboard even under the free mode to battle for monthly prizes including GOLDY, DFL, and in-game NFTs.

DeFi Land has revealed its intention to look at a multi-chain future in the coming months. The platform is looking at additional chain integrations in June. Ultimately, an alpha mobile variant of the game is being developed. Users can anticipate this version in the third quarter of this year.

While writing this article, $DFL was trading at $0.01117394, reflecting a loss of 3.70% in the last 24 hours. The 24-hour trading volume stood at $95,641. Currently, the crypto holds 798th position in the ranking based on market cap of $10,641,453 and a circulating supply of 947,150,000. There is a maximum supply of 9,774,000,000 DFL tokens.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.