Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

DeFi Land Completes $4.1 Million Round To Launch Gamified Decentralized Finance Game on Solana

by ChainWire
September 9, 2021
in Industry Announcements

September 9, 2021 – Tortola, British Virgin Islands


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, all of whom 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 and others.

Brian Lee, VC at Alameda, said,

“DeFi Land is an incredible blend of the two most interesting things happening in crypto right now – gaming and DeFi. We believe that DeFi Land 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 items. These gamified items introduce new opportunities to borrow or lend money, provide liquidity, reward farming and more.

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 Solana Monkey Business 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 on 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.

Contact

DFL Erwin

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • Gate.io Announces Second Audit After Being First Exchange To Provide Proof-of-Reserves
    July 6, 2022
  • VSR Supported by Lamborghini Squadra Corse Implement Corporate NFT Technology With Go2NFT
    July 6, 2022
  • Spritz Finance Launches Direct Wallet Pay, an Easy Way To Pay Real-World Bills With USDC From Any Crypto Wallet
    July 5, 2022
  • Metaverse Summit To Accelerate Open Metaverse and Web 3.0 With International Leaders
    July 5, 2022
  • Swappi (PPI) Announces First Exchange Listing on BitMart
    July 1, 2022
  • Yield App Joins Forces With Unstoppable Domains To Simplify Web 3.0 Journey
    July 1, 2022
  • ARK Has Introduced a New Blockchain Consensus Technology
    June 30, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$20,593.00
$20,593.00
2.04%
Ethereum
$1,186.87
$1,186.87
3.62%
Cardano
$0.467604
$0.467604
1.85%
XRP
$0.331861
$0.331861
2.51%
Dogecoin
$0.068919
$0.068919
1.94%

Spotlight

  • CFTC Unveils $1,700,000,000 Bitcoin Trading Scheme Allegations in Largest-Ever Charge Involving BTC
    July 2, 2022
  • Analyst Predicts Rallies for Two of Ethereum’s Biggest Rivals, Says Bitcoin Could Bounce Harder Than Traders Think
    July 6, 2022
  • On-Chain Indicator at 10-Year Lows Could Trigger Bitcoin (BTC) Reversal: InvestAnswers
    June 30, 2022
  • Analyst Says One Altcoin Quietly Flashing Strength Despite Market Correction, Updates Bitcoin Outlook
    July 4, 2022
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl