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What Is DeFi Kingdoms?
DeFi Kingdoms is a browser-based blockchain game that combines several DeFi elements in an intriguing and compelling way. How does DeFi Kingdoms embrace the full potential of the blockchain in game form? What are the synergies between gaming and decentralized finance? Find out more about DeFi Kingdoms and its gameplay elements that merge a DEX, an NFT marketplace, and liquidity pool opportunities, all under an umbrella of fantasy pixel art.
CRYSTAL is the utility (power) token of the DeFi Kingdoms: Crystalvale realm, launched in March 2022 on DFK Chain, an Avalanche Subnet.
What Makes DeFi Kingdoms Unique?
DeFi Kingdoms stands out due to the clever integration of DeFi functionality with game elements. What are the key features that make DeFi Kingdoms unique? Discover how the decentralized exchange, The Gardens, Heroes, The Tavern, The Portal, Pets, Equipment, Quests, and Land Plots contribute to the uniqueness of DeFi Kingdoms.
How Many DeFi Kingdoms CRYSTAL Tokens Are There in Circulation?
CRYSTAL is the power token of DeFi Kingdoms: Crystalvale. What is the role of CRYSTAL in the game? How can it be used for in-game activities? Learn about the total supply, circulating supply, and the tokenomics of CRYSTAL in DeFi Kingdoms.
Who Are the Developers of DeFi Kingdoms?
DeFi Kingdoms is maintained and developed by Kingdom Studios. Who are the members of the team behind DeFi Kingdoms? Discover the names and roles of the key individuals in the Kingdom Studios Board of Directors and other pillar heads. Learn about the trust-building measures implemented by the team.
Where Can You Buy DeFi Kingdoms CRYSTAL?
CRYSTAL can be purchased through the DeFi Kingdoms (Crystalvale) decentralized exchange on DFK Chain. Find out more about how to start buying CRYSTAL and other cryptocurrencies in our guide.
Answers
What Is DeFi Kingdoms?
DeFi Kingdoms is a browser-based blockchain game that combines several DeFi elements in an intriguing and compelling way. It merges a DEX, an NFT marketplace, and liquidity pool opportunities under an umbrella of fantasy pixel art. The game aims to embrace the full potential of the blockchain in game form and create synergies between gaming and decentralized finance.
CRYSTAL is the utility token of the DeFi Kingdoms: Crystalvale realm, which was launched in March 2022 on DFK Chain, an Avalanche Subnet.
What Makes DeFi Kingdoms Unique?
DeFi Kingdoms stands out due to the clever integration of DeFi functionality with game elements. The combination of financialization and gaming feels natural on DeFi Kingdoms. The game offers several key features:
- A decentralized exchange using the Uniswap V2 Protocol, allowing players to swap tokens and become liquidity providers to earn fees on token swaps.
- The Gardens, where LP tokens can be staked, allowing players to receive tokens for buying rare NFTs and other items. The Gardens are visualized through different plants and crops that players have to tend to and harvest for rewards.
- Playable Heroes that can earn token rewards and level up their stats. Heroes can go on quests, battle in different gameplay modes, and be bought and sold in The Tavern. New heroes can be summoned at the Portal by combining genes from existing Heroes to create new, potentially rare, NFTs.
- Land Plots that can be purchased, providing different quantities of resources. In the future, players will be able to build on their lands to increase bonuses for Heroes and find new valuable resources.
How Many DeFi Kingdoms CRYSTAL Tokens Are There in Circulation?
CRYSTAL is the power token of DeFi Kingdoms: Crystalvale. It is used for all in-game activities, such as buying and selling Hero and Pet NFTs, summoning new Heroes, leveling their stats, hatching Pets, and participating in the DFK Duel minigame. CRYSTAL can be swapped in the DEX for other tokens and in-game items, pooled for liquidity, and is emitted by the Gardens in Crystalvale.
The original maximum supply of CRYSTAL was 125 million tokens, but it was increased to 250 million tokens in December 2022 as part of DeFi Kingdoms' updated tokenomics. The additional CRYSTAL is being airdropped to holders of locked JEWEL on Harmony and will also be locked. CRYSTAL will begin unlocking in late March 2023, gradually bringing the circulating supply up to match the total supply over the following year, while continuing to be emitted in the Gardens until it reaches the maximum supply, minus any burned tokens.
Who Are the Developers of DeFi Kingdoms?
DeFi Kingdoms is maintained and developed by Kingdom Studios. The team members operate under pseudonyms, but they host weekly AMAs in Discord and on YouTube. Many team members have voluntarily doxxed on live-stream.
The Kingdom Studios Board of Directors consists of:
- Dreamer, President and Director of Revenue and Operations
- Frisky Fox, Co-Founder and Director of Blockchain
- Beetle Dude, Director of Application
Other pillar heads include:
- Pie Face, Co-Founder and Director of Digital
- Bolon Soron, Director of Player Engagement
The team has implemented trust-building measures, including verifying smart contracts on chain, seeking out audits, and exclusively using multi-signature wallets and vesting on JEWEL tokens.
Where Can You Buy DeFi Kingdoms CRYSTAL?
CRYSTAL is available through the DeFi Kingdoms (Crystalvale) decentralized exchange on DFK Chain.
If you want to learn more about how to start buying cryptocurrencies, you can read more in our guide.
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