DeFi Kingdoms

Purpose and Utility

DeFi Kingdoms is a blockchain-based game that combines decentralized finance (DeFi) mechanics with gameplay elements. JEWEL serves as the primary token of the ecosystem, used for governance, in-game purchases, and liquidity provisioning.

Business Model Analysis

The project operates as a play-to-earn game where players can own heroes (NFTs), complete quests, trade resources, and participate in various game activities. The token has clear utility within the game's ecosystem, being used for: purchasing heroes and items, staking in the Gardens (liquidity pools), and governance voting.

Real-World Adoption

The project maintains active development and user engagement, having expanded from its original Harmony blockchain to multiple chains including DFK Chain, Klaytn, and Avalanche. The game consistently shows active daily users engaging with its features.

Platform Development

Development activity remains steady with regular updates and improvements to the game mechanics. The team continues to implement new features and maintain transparency in their development process through detailed documentation and community updates.

Token Distribution and Vesting

The token distribution includes allocations for development, marketing, and ecosystem growth. Vesting schedules are in place for team tokens, showing commitment to long-term development.

Revenue Model

The project generates revenue through transaction fees from in-game activities and marketplace trades. These mechanisms do not involve interest-bearing activities or gambling, as they represent actual exchanges of digital assets with clear utility.