DeFi Land Completes $4.1M Round To Launch Gamified Decentralized Finance game on Solana
Tortola, British Virgin Islands, 9th September, 2021,
Gamified decentralized finance platform DeFi Land has completed its first round of investing valued at $4.1 million. Several dozen investors allocated capital to this project in recent weeks. The concept of gamifying investment action can make DeFi much more appealing and accessible.
DeFi Land is a multi-chain agriculture simulation web game designed to introduce the mainstream to decentralized finance. More importantly, it gamifies all aspects of traditional DeFi protocols, creating intuitive and educational solutions for those exploring alternative finance solutions. Making decentralized finance more accessible to a global audience is a crucial priority for the DeFi Land team.
Following the successful first round of investments, the team can look toward the future. The $4.1 million investment round brings forth financial support from over 40 investors, who are well-known and respected names in the crypto and blockchain industry. Participants include, but are not limited to, Animoca Brands, Alameda, Jump Capital, NGC Ventures, Solana Foundation, Gate.io, MXC, Solar Eco Fund, Youbi Capital, et cetera.
Brian Lee, VC at Alameda stated that: “Defliland is an incredible blend of the two most interesting things happening in crypto right now – gaming and defi. We believe that Defiland can be a real game-changer in getting casual gamers and the crypto retails into defi”.
Such outspoken support from investors confirms the viability of what DeFi Land wants to achieve. Building a solution that aggregates across different protocols is crucial to bring DeFi to a mainstream audience. Moreover, the platform will support non-fungible tokens (NFTs) and introduce a play-to-earn model involving achievements, tasks, battles, and other solutions to earn income.
When the team adds NFTs, they will provide benefits to the token holders. Every NFT in this ecosystem represents a unique game object, including trees, buildings, tractors, and other farm-related objects. These gamified items introduce new opportunities to borrow or lend money, providing liquidity, reward farming, et cetera.
The creation of native NFTs is only one aspect of DeFi Land. Existing non-fungible tokens will gain a new “life” through additional utility. Taking the SolananaMonkeyBusiness NFT as an example, it will generate monkeys running around in your DeFi Land game environment. Players can interact with these monkeys, adding an extra layer of interactivity and interoperability.
One intriguing aspect about DeFi Land is how the overall weather in this game reflects the current market conditions. Players can look forward to sunny days, although there will be bad weather days too.
Per the roadmap, the team is finalizing DeFi Land integration with Serum and Raydium. A beta version of the platform will go live in q4 of 2021, as well as the NFT marketplace. In addition, more Solana protocols and other blockchains – including Ethereum and Binance Smart Chain – will occur in the coming months.
Furthermore, DeFi Land will focus one education through a dedicated “educational mode”. It is a practice mode for retail users, allowing them to gain better insights as to what they can expect in this gamified environment. Later this year, the overall interface will be enhanced to make onboarding of non-crypto users to DeFi more straightforward and appealing.
About DeFi Land
DeFi Land is a multi-chain agriculture-simulation web-game created to gamify decentralized finance. Our game will have all the features that traditional platforms have, but it will be gathered all in one place. DeFi Land gamifies decentralized finance by turning investment activities into games.
Contacts
- DFL Erwin
- [email protected]
- $1.3T BPCE To Roll Out Bitcoin, Ethereum and Solana Trading For Clients
- Why is the LUNC Price Up 70% Despite the Crypto Market’s Decline?
- CoinShares Fires Back at Arthur Hayes, Dismisses Fears Over Tether Solvency
- Bitcoin Stalls Ahead of FOMC as Analyst Van de Poppe Sees No Break Until Tuesday
- Bitcoin Hyper Presale Review: How Utility is Unlocked With ZK-SVM Rollup
- Ethereum Price Holds $3,000 as Bitmine Scoops Up $199M in ETH; What Next?
- Solana Price Outlook Strengthens as Spot ETFs See $15.68M in Fresh Inflows
- Dogecoin Price Gears Up for a $0.20 Breakout as Inverse H&S Takes Shape
- Bitcoin Price Forecast as BlackRock Sends $125M in BTC to Coinbase — Is a Crash Inevitable?
- XRP Price Prediction As Spot ETF Inflows Near $1 Billion: What’s Next?
- Solana Price Outlook: Reversal at Key Support Could Lead to $150 Target





