<img src="https://raw.githubusercontent.com/DefiKingdoms/docs/master/.gitbook/assets/banner-dfk.png" width="800"/>

## What Is DeFi Kingdoms?

[DeFi Kingdoms](https://defikingdoms.com/) is a browser-based blockchain game combining several [DeFi](https://coinmarketcap.com/alexandria/glossary/defi) elements in an intriguing and compelling way. Its gameplay elements merge together a [DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex), an [NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) marketplace, and [liquidity pool](https://coinmarketcap.com/alexandria/glossary/liquidity-pool) opportunities all under an umbrella of fantasy pixel art, giving the game its trademark combination of DeFi and retro game design. In this fashion, the team behind DeFi Kingdoms wants to “embrace the full potential of the blockchain in game form” and create synergies between gaming and decentralized finance.

Originally launched on Harmony in August 2021, in March 2022, DeFi Kingdoms launched its Crystalvale realm on  [DFK Chain](https://docs.defikingdoms.com/how-defi-kingdoms-works/defi-kingdoms-blockchain), an [Avalanche](https://coinmarketcap.com/currencies/avalanche/) Subnet, and in December 2022 migrated the Serendale realm to the [Klaytn](https://coinmarketcap.com/currencies/klaytn/) blockchain.

## What Makes DeFi Kingdoms Unique?

First and foremost, DeFi Kingdoms stands out thanks to the clever integration of DeFi functionality with game elements. In contrast to countless other games incorporating similar features, the combination of financialization and gaming feels natural on DeFi Kingdoms. This is aided by the several key features of DeFi Kingdoms.

Its **decentralized exchange** uses the Uniswap V2 Protocol and allows players to swap tokens and become a [liquidity provider](https://coinmarketcap.com/alexandria/glossary/liquidity-provider) to earn fees on token swaps.

LP tokens can also be [staked](https://coinmarketcap.com/alexandria/glossary/staking) in **The Gardens**, where players can receive tokens for buying rare NFTs and other items. The Gardens are visualized in a unique way through different plants and crops the players have to tend to and harvest to receive their rewards. Each garden is a unique LP pairing and harvested yield is deposited in the storehouse.

**Heroes** in DeFi Kingdoms are more than standard NFTs, as they are playable characters that can earn token rewards and level up their stats. Being one of the game's key features, they are assigned to go on quests and battle in different gameplay modes, including the **DFK Duel** minigame. Heroes are bought and sold in **The Tavern** and new heroes can be summoned at the **Portal** by combining genes from existing Heroes to create an entirely new, potentially extremely rare, NFT. Furthermore, players will be able to equip their Heroes with **Pets** and various **Equipment** NFTs, enabling them to have special passive and active abilities. **Quests** that Heroes can go on allow them to gather in-game resources, increase their farming yields from the Gardens, and unlock those rewards early with the help of Mining Heroes.

Players can also buy **Land Plots** in DeFi Kingdoms. These plots will differ based on their location, in turn providing different quantities of resources. In the future, players will have the option to build on their lands to increase bonuses for Heroes. Owning land will also enable players to find new valuable resources that can be used in **Crafting** and other game modes.


## How Many DeFi Kingdoms (JEWEL) Tokens Are There in Circulation?

With changes to the DeFi Kingdoms [tokenomics](https://coinmarketcap.com/alexandria/glossary/tokenomics) in December 2022, JEWEL is now an ecosystem and [utility token](https://coinmarketcap.com/alexandria/glossary/utility-token) that is used across realms. In addition to being the native [gas token](https://coinmarketcap.com/alexandria/glossary/gas) on [DFK Chain](https://docs.defikingdoms.com/how-defi-kingdoms-works/defi-kingdoms-blockchain), JEWEL is used for [liquidity pooling](https://coinmarketcap.com/alexandria/glossary/liquidity-pool), staking for [governance rights](https://coinmarketcap.com/alexandria/glossary/governance-token), fee distribution opportunities, and in-game Power-Ups.

When DeFi Kingdoms: Serendale relaunched on [Klaytn](https://coinmarketcap.com/currencies/klaytn/), it also changed the tokenomics of the JEWEL token, reducing its [maximum supply](https://coinmarketcap.com/alexandria/glossary/max-supply) from 500 million tokens to **125 million tokens**, all of which have been minted. With [token burns](https://coinmarketcap.com/alexandria/glossary/burned) from in-game activities and use of gas on DFK Chain, the [total supply](https://coinmarketcap.com/alexandria/glossary/total-supply) will continue to be reduced, making JEWEL a **deflationary token**.

The circulating supply of JEWEL is further reduced by players who voluntarily lock JEWEL in exchange for [governance tokens](https://coinmarketcap.com/alexandria/glossary/governance-token) following [Curve](https://coinmarketcap.com/currencies/curve-dao-token/)'s veToken model.

## Who Are the Developers of DeFi Kingdoms?

DeFi Kingdoms is maintained and developed by [Kingdom Studios](https://kingdomstudios.io/). Members of the team operate under pseudonyms, a common feature in community-driven projects as the examples of [SushiSwap](https://coinmarketcap.com/currencies/sushiswap/) and [LooksRare](https://coinmarketcap.com/currencies/looksrare/) show. Nevertheless, the team hosts weekly AMAs in [Discord](https://discord.gg/defikingdoms) and on [YouTube](https://www.youtube.com/defikingdoms), and many team members have voluntarily doxxed on live-stream.

<p>The Kingdom Studios Board of Directors consists of:
<ul>
	<li>Dreamer, President and Director of Revenue and Operations</li>
	<li>Frisky Fox, Co-Founder and Director of Blockchain</li>
	<li>Beetle Dude, Director of Application</li>
</ul>
</p>

<p>Other pillar heads include:
<ul>
	<li>Pie Face, Co-Founder and Director of Digital</li>
	<li>Bolon Soron, Director of Player Engagement</li>
</ul>
</p>

The team has outlined several trust-building measures, including verifying smart contracts on chain, seeking out audits, and the exclusive use of [multi-signature](https://coinmarketcap.com/alexandria/glossary/multisignature) wallets and vesting on JEWEL tokens.

## Where Can You Buy DeFi Kingdoms (JEWEL)?

JEWEL is primarily available through DeFi Kingdoms' decentralized exchanges on [DFK Chain](https://coinmarketcap.com/exchanges/defi-kingdoms-crystalvale/) and [Klaytn](https://coinmarketcap.com/exchanges/defi-kingdoms-klaytn/). It can also be purchased on [MEXC](https://coinmarketcap.com/exchanges/mxc/), [BigONE](https://coinmarketcap.com/exchanges/bigone/), [Hotbit](https://coinmarketcap.com/exchanges/hotbit/), and [CoinEx](https://coinmarketcap.com/exchanges/coinex/).

If you want to learn more about how to start buying cryptocurrencies, you can read more in [our guide](https://coinmarketcap.com/how-to-buy-bitcoin/).


## Related Pages:

Check out [The Sandbox (SAND)](https://coinmarketcap.com/currencies/the-sandbox/) — an open-world blockchain game inspired by Minecraft.

Check out [MyNeighborAlice (ALICE)](https://coinmarketcap.com/currencies/myneighboralice/) — a farming-themed blockchain game.

Read our list of the [top play-to-earn games](https://coinmarketcap.com/alexandria/article/play2earn-best-blockchain-games-list).

Get the latest crypto news and latest trading insights with the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog).


DeFi Kingdoms

Trust Wallet

MetaMask

Avalanche DFK

Aurory is a next-generation studio building a universe of interoperable web3 games. Two original IP’s were born from this universe, which are actively shaping the future of the Aurory player experience.

The first of these two IP’s are Aurorians. A collection of 10,000 anime style NFT characters that double as both a PFP, as well as a playable avatar with various in-game perks.

The second are Nefties. These magical creatures have been designed as non-fungible tokens NFTs with a unique set of stats that influence their performance in-game. They serve as companions on each player’s journey, and can be hatched, traded, collected, and used in battles.

Aurory currently hosts two playable games (both in alpha) which continue to evolve in a live-ops development format:

Seekers of Tokane: A JRPG, where players embark on a dangerous rogue-like adventure through the world of Tokane, collecting and battling fierce Nefties in epic turn-based combat.

Aurory Tactics: A PvP timeline-based battling game where players must learn how to best use their Neftie creature's abilities, competing against opponents to rise to the top of the leaderboard for rewards and glory.

The project proudly boasts one of the most experienced executive and development suites in blockchain gaming, with dozens of talents from established gaming studios, such as Ubisoft, Electronic Arts, Rovio, Warner Bros, and more.

Aurory

Ultra is a publishing platform and ecosystem for video games and video game content. Ultra’s mission is to do away with the current monopoly held by publishing platforms like Steam and provide new opportunities to game developers, players, and influencers. Ultra promises a solution that is more equitable to players and developers alike. Players can benefit from immediately playable games, earn UOS by using the platform, and access platform-exclusive games. At the same time, developers benefit from access to more effective marketing tools and the potential for 20% higher sales revenue.

Besides content and game publishing, Ultra offers a demand-side and service-side platform for advertisers, the opportunity for players to resell their used games, and a platform-exclusive app.

Ultra

Vulcan Forged is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.

PYR  is the native utility token that is used for:

Fees for marketplace settlement

Staking in VulcanVerse land and other assets

Upgrading and sustaining game asset levels

Play-to-earn rewards

Access to our game developers and NFT dapp incubation program

Vulcan Forged Platforms and games include:

*VulcanVerse, a Grece-Roman fantasy metaverse made up of 10,000 plots of land

Anvil, a crypto-less and gas-free NFT engine for easy game and dApp onboarding

Vulcan Market, a gas free NFT marketplace for all Vulcan Forged games

Berserk, an NFT online TGG

Frenzy, a create-your-own tournament platform with PYR as it’s reward token.

Vulcan Forged (PYR)

Gods Unchained is a free-to-play tactical card game that gives players true ownership of their in-game items. Led by the former game director of Magic The Gathering: Arena, the game focuses on competitive play, which means players must strategically outsmart their opponents by building decks that are able to combat a wide variety of tactics. In Gods Unchained players completely own their digital items, giving them the freedom to trade, sell and use their cards any way they like – just like owning real, tangible cards.

GODS is an ERC-20 token used as premium currency within the GU ecosystem. The tokens will be used to:

Create an NFT.

Used within the marketplace and for in-game purchases.

Distributed as a reward to players.

To learn more about this project, check out our deep dive of Gods Unchained.

Gods Unchained

Wilder World

Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features.

To learn more about this project, check out our deep dive of Illuvium.

The world of Illuvium is inhabited by creatures known as Illuvials, who can be captured by players that best them in battle and nurse them back to health. From then on, they become a loyal part of the player’s collection and can be used when battling other adventurers as part of Illuvium’s auto battler gameplay.

The game is a fusion between an open-world exploration game and a PVP battle game. Players can spend their time exploring the expanses of the game world or building up their team of powerful beasts.

Illuvium has been in development since 2020, and is being built by a worldwide team of more than 40 individuals, including the co-founders; serial entrepreneur and early cryptocurrency adopter Kieran Warwick, and experienced game designer Aaron Warwick, who are brothers. (And who are coincidentally also the brothers of Kain Warwick, the co-founder of DeFi platform Synthetix).

The ILV token has a number of uses within the Illuvium ecosystem. It’s the main token used to reward players for their in-game achievements, entitles players to their share of the Illuvium Vault and is used for participating in the governance of the game via the Illuvium decentralized autonomous organization (DAO).

Illuvium

Guild of Guardians is a multiplayer fantasy action RPG on Immutable X. The game’s vision is to become the world’s most popular RPG, where players can assemble a set of Guardians and earn rewards in the process. By combining fun gameplay that will be played on mobile with play-to-earn mechanics, Guild of Guardians aims to build an in-game economy that will be compelling for players to participate in.

The game will initially be accessible on iOS and Android and will be available in 2022. The gameplay revolves around training a team of heroes to collect resources and engage in challenges. The collected resources will be issued and distributed in Gems, the game’s in-game currency that can be redeemed for real money, spent on minting new assets or secondary purchases, and used to vote on game decisions. 20% of all primary and secondary trading fees must be paid for in Gems.

Since mid-2020, Guild of Guardians has racked up over 220,000 followers across different social media channels in its short time of existence. It also sold out its first NFT Founder sale, netting over $4.6 million that will be used for game development.

Guild of Guardians

Splinterlands is a digital, collectible card game based on blockchain technology and inspired by games like Magic the Gathering and Hearthstone, where players build a collection of cards with different attributes and battle other players in skills-based matches. It is a game where players can buy, sell and trade their digital assets just as they would with physical trading cards games such as Magic the Gathering, Pokémon and Yu-Gi-Oh!

Splinterlands was created as players lost the ability to truly own their assets (or trading cards) once games went digital. With blockchain technology, it allows players to own and trade their digital assets freely once again. It also allows the game to have true scarcity and transparency, which means all cards on Splinterlands have a verifiable supply and historical record.

Players battle other players by choosing ranked or practice battles. With ranked battles, players can increase their rating. There is no downside to playing ranked battles as a beginner since players with a rating below 100 do not lose ranking points. Battles take place between players of similar strength. When matched up with an opponent, both players choose a set of six monster cards and one summoner card for the battle to destroy all their opponent’s monster cards and win the battle.

Although the game is free-to-play, players need to purchase the summoner’s spellbook for $10 if they want to unlock the game in full. With the summoner’s spellbook, players get access to their account keys and unlock the ability to earn Dark Energy Crystals, which can be redeemed for real currency.

Splinterlands started in May 2018 and launched Splintershards (SPS) – its governance token for the SPS decentralized autonomous organization (DAO) at the end of July 2021. It concluded a $3.6M private token sale for 6.6% of the SPS token supply. After reaching 100,000 players in its first three years, it added another 50,000 in just over a month from June 2021. Splinterland plans to build out its game in the latter half of 2021, with oracle integration planned for Q1 2022.

Splintershards

JOE (JOE) is the native token of Trader Joe, a decentralized exchange (DEX) on the Avalanche (AVAX) blockchain that offers DeFi services, including swapping, staking and yield farming. The exchange has been growing rapidly, attracting over $4 billion in total value locked (TVL) since it was launched in June 2021. Trader Joe claims to take a community-first approach, and to prioritize innovation, speed and safety. It aims to provide a one-stop-shop DeFi experience and to integrate new products without compromising on security. To achieve this, Trader Joe has outlined an ambitious roadmap that focuses on token-holder growth. It plans to have improved staking, non-fungible-token (NFT) exchange listings, the collateralization of the JOE token, and leveraged trading –– all during 2021.

Decentral Games

Yield Guild Games (YGG) is the world’s first and biggest web3 gaming guild where players can find their community, discover games and level up together. Its mission is to become the leading community-based user acquisition platform in web3 gaming.

As a network of gaming guilds focused on web3 games, YGG is committed to providing opportunities for its members to achieve success in web3 gaming through questing initiatives such as Superquests and the Guild Advancement Program (GAP). These enable members to build their on-chain identity through its achievement-based reputation system.

From its roots in the Philippines to its global network of regional guilds and partnerships with over 80 blockchain games and infrastructure projects, YGG caters to an ever-expanding community of gamers and blockchain enthusiasts.

Yield Guild Games

While the concept behind Merit Circle is not entirely new, the project itself is a leading DAO with the goal to maximize value accrual across different games in the metaverse. Its platform is at the intersection of capital, expertise and players — representing investors, platform and managers — and of course,  gamers.

The returns that the project has the potential to make will be able to translate into potentially life-changing income for some of the gamers engaging with it. The players have recognized the value of the project and the scholarship program that was created for them, and there are already over 500 scholars currently playing Axie Infinity.

There are already significant revenues that are flowing into the Circle of Merit, which benefits the DAO itself, as well as players and liquidity providers. More are expected to come, especially since Merit Circle DAO will now start focusing on other opportunities in the metaverse through new games.

Furthermore, Merit Circle boasts an impressive list of partners, including DeFiance Capital, Spartan Group, Yield Guild Games and more. These and others are all industry-leading names, who have praised Merit Circle for building a scalable operational process that can effectively grow, onboard, and sustain new members. In fact, DeFiance Capital’s Arthur said that DeFiance believes that “Merit Circle will be among the top guilds that will be kingmakers in this land.”

All of the partners, plus a number of angel investors, supported the company during its seed round, helping it raise $4.5 million

Merit Circle

Efinity is a cross-chain NFT platform developed by Enjin and built on Polkadot. Efinity was created as the next generation blockchain for digital assets with the aim of adapting to the challenges of the world of non-fungible tokens (NFTs), according to the project.

The main specialization of the Efinity project is the NFT space. With the protocol, traders and gamers can create, distribute, transfer, sell and buy NFTs. Efinity aims to remove barriers to entry into the NFT space/decentralized gaming, and to simplify user experience and digital asset governance.

Efinity Token powers the entire Efinity ecosystem, EFI aims to prioritize the generation, transfer and purchase of tokens using an inter-chain infrastructure of protocols resulting in lower transaction fees. As for incentives, rewards on PoW blockchains with NFT functionality go to miners who create/trade tokens, thereby forming a community.

One of the long-term goals of Efinity is to become a hub for both fungible and non-fungible tokens, accepting tokens from any other chain, facilitating the pricing and exchange of NFTs, increasing transaction volume, and creating network effects.

In December 2021, the project won the Polkadot parachain auction, and in March 2022, Enjin launched their flagship parachain Efinity on the Polkadot Relay Chain — a blockchain platform that provides a decentralized parachain network where people havecontrol over their data and identity.

Efinity Token

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

Harmony

SuperVerse

Seedify.fund(SFUND) Seedify is a blockchain gaming-focused incubator and launchpad that empowers innovators and project developers through access to funding, community and partnership building, and a full support system to help drive the future of gaming and blockchain. Its ecosystem also includes an NFT launchpad for gaming and metaverse assets, along with the industry's first gaming-and-metaverse-asset-centric NFT marketplace, Seedify NFT Space.

Featuring an IGO launchpad with a tiered allocation mechanism, Seedify enables $SFUND holders to stake their tokens and earn staking rewards while gaining access to quality, procured blockchain gaming projects through private sales and initial game offerings. The launchpad's tier system consists of nine tiers. Tier 1 uses a lottery-based allocation process, while tier 2 to 9 participants enjoy guaranteed allocation.

Along with IGOs, stakers can also participate in initial NFT offerings (INOs) and initial metaverse offerings (IMOs) on Seedify's NFT Launchpad. Additionally, staking $SFUND, gives holders the opportunity to receive tokens from the projects that have been selected and supported by Seedify's incubation program.

Committed to bringing the opportunities offered through blockchain gaming and the play-to-earn model to billions around the globe, the Seedify team has established key relationships with numerous VCs and industry peers, to build an extensive support network for blockchain gaming and metaverse startups.

Interested game industry innovators submit their project proposal to the Seedify

Seedify acts as a launching pad for blockchain games and the disruptive play-to-earn gaming model. The gaming industry is gradually entering a new era — previously gamers may spend large sums of money on in-game items with no direct monetary benefits. However, they are now able to make money by earning in-game item non-fungible tokens (NFTs) and tokens, which is facilitated by the play-to-earn revolution.

Blockchain technology has not only opened up more opportunities for gamers and game developers, but it has also offered additional forms of benefits like transparency, ownership, incentive models and digital ownership through NFTs.

The team behind the Seedify project are pursuing a global goal: to acquaint gamers with the blockchain and increase the rate of technology adoption, attract a huge number of users, create more jobs and financial benefits.

Seedify.fund

Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.

It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.

This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.

Moonriver

RFOX

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.