FTX-Backed DeFi Land Opens Public Testing of Gaming Platform

DeFi Land, the agriculture-simulation game that won recognition in Solana’s summer hackathon, is inviting GameFi enthusiasts to put the platform through its paces. The launch of DeFi Land for public testing – on December 22 at 4 pm UTC – follows an intensive six-week period of behind-closed-doors testing involving 3,000 verified users, a third of whom were active daily.

Ahead of the game’s full launch in Q1 of next year, DeFi Land’s developers are eager to let the public experience all that the ecosystem has to offer. An all-in-one amalgam of DeFi, gaming, NFTs and metaverse, the colourful release is open to everyone: all that’s required is a wallet containing some SOL.

DeFi Land: How to Unlearn It

DeFi Land was the first Solana game to hold a public test event before its official launch. It is laser-focused not on building hype but on meeting milestones and shipping products. Public testing allows players to play mini-games and earn rewards. They can also trade tokens or fish for reward points. In other words, they can get an accurate impression of what’s in store come February/March.

Ostensibly, the farm-themed project brings disparate DeFi protocols under a single roof, making it altogether easier for users to manage their portfolio from a single dashboard – while having the opportunity to earn additional income in the metaverse. This game will be powered by the native DFL token. The DFL token can be used for trading, governance, crafting, and even staking.

DeFi Land has recently partnered up with Audius to provide a streaming service that allows players to listen while playing games. Since December 22, sound waves will emanate from Audius Radio Tower. This 3D fixture was added to the metaverse. In the near future, social elements like a chat function and other social components will be integrated in order to offer a richer interactive experience for gamers.

DeFi protocol production has been cut to a number of items, with around 70 crypto games being released in 2021. each monthDeFi Land’s core team believes their release provides something better. Not only from an aesthetic and visual perspective, but also because of the learning curve. DeFi beginners and O.G. Liquidity providers will be able to connect their wallets, enjoy the DeFi mechanism, fun gameplay and other gamified elements, as well as get an enjoyable experience.

DeFi Land’s brain trust believes that the DeFi community deserves more than just infrastructure to enable users to farm tokens and acquire them passively. Players who trade tokens or farm tokens can also embark on record-breaking quests, which will result in rewards and a corresponding increase to their accounts. Rewards, incidentally, will include those generated by the platform itself and others that come from DeFi Land’s extensive partner network.

This beta-testing event is open to all users. They will have the opportunity to test several of the features including gamified DeFi services such as swapping, LP and farming, aggregator, mini games for XP or leverage, map edit mode, and aggregator. The project’s creators intend to add further play-to-earn (P2E) models and NFT integrations in the near future (Q1 2022), with a continued emphasis on gamification and user experience. The creators teased that they would reward the players who took part in the October public testing phase. More details will be forthcoming.

Gamefi: Go-Time

The public’s appetite for Gamefi is undeniable, with half of those connecting crypto wallets in November doing so for the purpose of playing games. Solana Ventures has pledged $150 million to fund startups that create play-to-earn gaming apps for its ecosystem. DeFi Land launches at the perfect time, according to it.

Having already closed a $4.1 million funding round, the platform’s promise has been recognized by several dozen major investors, among them FTX, Animoca Brands (Axie Infinity, Dapper Labs), Alameda Research, Jump Capital, NGC Ventures, Solana Foundation and Gate.io. The latter platform, incidentally, supported the recent public sale of DeFi Land’s native DFL token, alongside Raydium and Solanium.

Conducting a public testing phase is a bold step, and a sure sign that DeFi Land’s anonymous team (each of their names are prefixed by ‘DFL’) expect a significant volume of players to whet their appetites for the full launch next year. They’re probably right.


Get more Crypto News at CFX Magazine