DeFi Land closes IDO, listed on FTX and Raydium today

By: Daniela Kirova
Daniela Kirova
Daniela was born in Bulgaria, grew up in Chicago, and then moved to Michigan to attend the University of… read more.
on Nov 24, 2021
  • Gamers earn a yield from their field’s growth while gaining greater knowledge about DeFi and its nuances
  • A gateway into the worlds of DeFi and farming for laymen of crypto
  • Users stake for additional rewards, govern the game, craft in-game NFTs with native DFL token

DeFi Land, an exciting play-to-earn game based on DeFi world mechanisms, officially closed its IDO on Gate.io, Raydium, and Solanium. The native DFL token will be listed and start trading on FTX, Gate.io, Raydium, and Serum on November 24 at 11 AM ET. 0.7% of DeFi Land’s 100 million tokens was sold on Raydium, 0.2% on Solanium, and 0.1% on Gate.io, Invezz learned from a press release.

Earn and learn

DeFi Land simulates life on a farm. A plant or flower represents a token. Gamers earn a yield from their field’s growth while gaining greater knowledge about DeFi and its nuances. DeFi Land runs on Solana (SOL/USD) and is linked to leading DeFi farms and platforms on this blockchain. Its creators are working on cross-chain interactivity.

Gateway for crypto novices into DeFi and farming  

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The play-to-earn game is positioned to become a gateway into the worlds of DeFi and farming for laymen of crypto, who find the current DeFi ecosystem overwhelming. You can play a demo version using fake assets.

Game governance via DFL token

DeFi Land’s native token, DFL, will fuel platform operations. It will allow users to stake for additional rewards, govern the game, craft in-game NFTs, and more. Heavyweights like Animoca Brands and Alameda are behind the project.

DFL Erwin, DeFi Land’s anonymous project lead, commented:

We are thrilled to announce the public sale of DeFi Land tokens. DFL will be used to govern our game, stake, trade and craft NFTs and more. Our community can expect various in-game use cases for our token, which will give them multiple ways of earning and learning.

GammaRay, co-lead of Raydium, added:

DeFi Land is bringing a whole new level of Play-to-Earn gamification to DeFi. Not only will it help onboard new users while driving liquidity and volume on Solana, it’s also going to be a ton of fun. Raydium is super excited for this launch on AcceleRaytor.

DeFi Land aims to allow players to use assets to earn money and transform the setup into a literal farming game. It is far more than a game; it’s a gamified interface for DeFi.

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