What Is DeFi Land (DFL)?
DeFi Land is a blockchain-based agriculture simulation game, seeking to gamifyall aspects of decentralized finance (DeFi). The platform aims to make partaking in the DeFi space easier and simpler while allowing individuals to have fun. DeFi will aim to offer all the features provided by the traditional platforms under one roof, allowing users to start playing for free and then stepping up to purchases for play-to-earn features. The game seeks to allow users to engage in various fun activities like crafting, trading, etc. Moreover, the platform claims that players can earn rewards for completing tasks and surpassing milestones under the play-to-earn model.
DeFi Land states that DeFi and NFTs are hard to explain to laypeople, even though they have become extremely popular in recent times. The platform claims that gamification is the best option for explaining complex subjects to everyone. Therefore, DeFi Land aims to gamify investment-related activities on the platform, allowing users with little technical knowledge to understand the space while having fun. Moreover, DeFi Land seeks to make the decentralized game capable enough to run independently.
DFL is the native cryptocurrency of the DeFi Land platform. The token seeks to help users perform various functions in the game, like crafting, upgrading, boosting, etc. Likewise, users can also use DFL tokens to acquire NFTs and rent ‘Fishing Rods’ within the game. DFL is also a governance token, as the platform seeks to allow token holders to decide game development. Additionally, DFL holders can also stake their holding in return for revenue generated through the transactions within the game.
History of DeFi Land (DFL)
DeFi Land game was released for public testing on December 4, 2021, and the game is expected to go entirely live in Q1 of 2022. The game was founded by DFL Erwin, who currently leads the development team. The maximum total supply of DFL is capped at ten billion tokens, out of which 41% is reserved for gaming and staking rewards and 21% for the team and advisers.
