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DeFi Kingdoms
#--
$0.12249389-5.15%
$0.12249389฿0.00000211
Today
Low:$0.12384300
High:$0.13153400
Yesterday
Low:$0.11917969
High:$0.12698973

Market information

Market Cap $13,928,233.67
Global Volume(24H)$13,986.09
All-Time Low$0.06882910
All-Time High$26.0825
Initial Price
ROI
--
Circulating Supply 113,705,511 JEWEL
流通百分比 94.0036%
Max Supply 125,000,000 JEWEL
Total Supply 120,958,692 JEWEL

Price history

Information

Converter

JEWEL

Project Introduction

DeFi Kingdoms is a Play2Earn game based on the Harmony Protocol blockchain. The DeFi Kingdoms team has long claimed to be working on the product from a DeFi perspective, compared to most generic Play2earn projects we've seen. JEWEL is its native token, which is a token with real value.

Project Vision

DeFi Kingdoms aims to wrap the DeFi elements into a complete functional ecosystem.

Market Demand

As the market continues to grow, the game economy is looking for a complete transformation. Players want to be rewarded for participating in the game and share in the revenue. This requires players to have full ownership of game assets, game manufacturers need to develop open markets to trade game assets, develop transparent game mechanics, make management and development rights public, and most importantly, enrich the lives of game players. As we all know, the essence of blockchain is decentralized and immutable. The combination of blockchain technology and games can well solve the problems existing in the above traditional games. Giving game participants a plan to play fairly, putting the initiative in the hands of players, and even reshaping the relationship between developers and players. With the explosion of the metasurverse concept in the market, the development of blockchain games has taken off like wildfire. GameFi is the concept of "gamified finance" under the fusion of DeFi and NFT, which can be understood as the visual blockchain finance that DeFi is expressed in the way of game. In other words, financial products are presented in the form of games, which is the operation mode of NFT products based on DeFi logic. Game props and derivatives are NFT, and the modules of fighting and social interaction of traditional games are added to the NFT, so as to increase the entertainment and interactivity of the game and enhance personal interest in the game. It's worth noting that the nature of GameFi is Play to Earn, where players have ownership of assets and can gamify trades, loans, and bets. GameFi, on the other hand, has the obvious advantages of decentralized operation, virtual asset ownership, enhanced security protection, breaking down monopoly barriers and introducing external supervision. On the other hand, the simple and fun digital economy of GameFi has further lowered the threshold for Defi, and has already played an incredible role in helping people in developing countries out of poverty. In the future, 2.7 billion potential players will be on the stage of blockchain games.

Solution

Defi Kingdoms, a Play2earn game based on the Harmony Protocol blockchain, has done well. When building the game, the DeFi Kingdoms team tried to wrap its DeFi elements into a complete functional ecosystem. These include: JEWEL Tokens (game native tokens), DEX, gardens, and NFT assets (heroes, devices, and kingdoms), as well as game activities that can be performed using these NFT.

Project Implementation Mechanism

The DeFi Kingdoms ecosystem team has designed a number of interesting ways to reward its holders, including JEWEL tokens, DEX, gardens, and NFT assets (heroes, devices, and Kingdoms), as well as game activities that can be performed using these NFT. All of this provides JEWEL token holders with an engaging and meaningful experience. At the heart of DEX is the Uniswap V2 decentralized exchange model. The development team committed about $15,000 worth of ONE coins to the initial ONE/JEWEL trading pair. Just like with DEX, players can exchange tokens here; You can also add liquidity to any trading pair to become a liquidity provider; These LP tokens can also be pledged in Gardens for JEWEL rewards. Another unique feature DeFi Kingdoms offers is a bank where players can deposit JEWEL in exchange for xJEWEL shares. The bank will collect a fee from DEX and buy JEWEL on a regular basis, meaning that the player's xJEWEL stock will always be worth more than the JEWEL they put in. In addition, a percentage of each JEWEL in-game transaction is banked to further reward xJEWEL holders. Essentially, the Garden Garden is a place for players to pledge LP tokens in order to farm and harvest JEWEL tokens. DeFi Kingdoms is building an epic world and garden on behalf of trading pairs and liquidity pool farming. Within each garden (LP trading pair), players will be able to see their share of the total in the plots represented by the plants they own. The gardeners are busy tending to the plants (which represent the countdown between mined blocks), and once harvested, the gardeners store the player's revenue, which represents the player's share of the JEWEL in the mined blocks.

Token Usage Scenarios

1. Players can use it to purchase many useful items and unique NFT: heroes and kingdoms, various in-game items (e.g., speed up build times and refresh stamina). Otherwise, JEWEL can be used not only to buy game items and unique NFT, but also for liquidity mining, allowing players to make more money with classic Staking. JEWEL is also a governance token, so the holder will have a say in the growth and development of the project.

Characteristic

1. Project funds are stored in multisig.Harmony. One's multi-signature wallet. The wallets will be controlled by the four founding members of the project, and any transaction will require three of the four signatures to execute. This helps prevent hacking attacks on Treasury coffers and ensures there are no single points of failure. In addition, this prevents any one member of the team from making any decisions on their own (without the rest of the team agreeing); 2. It also provides 100% transparency, as anyone can see all proposed trades and the history of each trade executed in the past prior to execution.

Release Mechanism

Total tokens: 500 million JEWEL tokens Allocation: 1% -- Burn 10% -- Bank (reward xJEWEL holders) 30% -- Mission Reward Fund 25% -- Development Fund to pay for future game development and bonuses 17% -- Marketing Fund to pay for advertising, airdrops, etc. 17% -- Founder Fund to reward the founding team

Project Highlights

1. NFT Design: The NFT characters in Kingdoms at The Heros DeFi are called "The Heros." This is a step further than normal NFT, as The team designed NFT to be playable, not limited to attractive collectibles, but able to level up and earn JEWEL tokens. As they are assigned to perform missions, fight in PvP, or wear gear to maximize their performance values, they level up and earn the player fat rewards throughout the adventure, and the user can view any hero card by entering their hero ID. Ability data that determine how effectively they perform different tasks. These ability stats can increase as the hero gains XP and upgrades. In DeFi Kingdom's world map there is a limited supply of land available for purchase. Not only can players own a piece of land for themselves, but they can also build their own kingdoms and level them up, making their lands visible to everyone on the world map.

Incentive Mechanism

Each JEWEL transaction is allocated according to the following allocation: a portion is banked to reward the xJEWEL holder. A portion loops back into the game into the community vault and is returned to the player as a quest reward. A portion of the flow of development costs continues to keep DeFi Kingdoms healthy. Early holders receive the highest prize for JEWEL; In the early stages of the project, all rewards are multiplied to attract and retain loyal investors.

Points

DeFi Kingdoms is not just a game, it's a DEX, a liquidity pool, and a market driven by rare NFT, all in an innovative combination in the form of nostalgic fantasy pixel art. Rich and polished game mechanics, multiple designs to power Hero NFT, fair and fun NFT land mode, gamification of DeFi's traditional gameplay, rigorous audit of Solidity.Finance, and strong support from overseas Gamefi fans will DeFi Kingdom pushed it to # 2 on Gamefi's trending list.

Market Commentary

Whether it's trading NFT heroes, securing NFT land, owning JEWEL, doing LP, or playing games for lucrative rewards, DeFi Kingdom has carefully designed ways to engage players and reap profits. We believe that as a unique Gamefi track on the Harmony chain, DeFi Kingdom's plan to expand the market across the chain will be unstoppable in the future.

KOL

DeFi Kingdoms looks like a simple, pixelated retro game, but behind it lies a complex, rule-based financial world, where elements are closely linked to reality, a diverse array of decentralized financial products, and unique, scarce NFT items, all hidden in a realm stacked with pixels. Looking back at what the team created the game for, it seems like they actually did it: make investing like playing a game.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1MEXC1MEXCJEWEL/USDT
0.12304000
-4.85%$10,409.1737.2167%2024-09-16 19:07:26
2CoinEx2CoinExJEWEL/USDT
0.12082300
-5.51%$3,573.7912.7777%2024-09-16 19:10:14

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
MEXCMEXC$10,409.1774.4418%Visit
CoinExCoinEx$3,573.7925.5582%Visit