Decentralized Finance (DeFi) was born when complex financial-related concepts, strategies, and technologies collided with the booming encryption industry. DeFi has opened up a new model of using smart contracts to realize financial applications, and the imaginary boundaries of the two are constantly expanding.

DeFi concept applications seem to have gradually become the pillar applications in the encryption industry, but in the process of DeFi applications moving forward, their entry barriers are constantly being raised. The shallow concept of DeFi is relatively clear, but it is not easy to really understand.

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Decentralized finance has not only subverted traditional financing methods, but also the entire encryption industry. In the DeFi industry, the market is always open and there is no centralized authority that can block payments or deny access to financial products.

Services in traditional finance that have complex processes, slow processing, and the risk of human error can now be automated in a decentralized and reviewable form with the help of contract codes. The market has demonstrated its vigorous development.

But when you excitedly spend countless hours explaining DeFi to colleagues, friends, and family, you may end up with a question mark meme response, which also highlights the number one problem still facing the DeFi field-the lack of large-scale application.

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DeFi new game equipment - GameFi

Compared with the mature traditional financial market, smart contracts, DeFi, Web 3.0 and other fields are still in the developing stage, and have not achieved large-scale applications at this stage, but decentralized finance, as the basic support part of the encryption market, will itself It has infinitely complex value narrative possibilities.

If DeFi is gamified, participating users can play to earn (Play to earn), turn the user's assets into game equipment, and complete game tasks through liquidity mining, transactions, etc., which can help users in the game Enjoy the double fun of learning and gaining benefits in the entertainment process.

For example, the previously popular DEGO project attracted nearly 50,000 people to the Telegram group within 3 days through the airdrop activity, and its "scratch" gameplay has made many users addicted to it.

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The Representative of GameFi on Solana Chain——DeFi Land 🚜 👨🌾

"GameFi is about using game mechanics to increase user stickiness, happiness, and awareness" In other words, GameFi is taking elements from game design and general principles and theories that drive gameplay and applying them to other contexts , which is precisely the application that DeFi lacks.

GameFi helps people understand complex products more easily and create fun and fluid experiences. The Solana-based multi-chain game DeFi Land team is trying to start with GameFi, and is committed to changing people's perceptions of decentralized finance through GameFi. Build a community-driven project that helps people learn, earn, and enjoy DeFi.

Analysis of DeFi Land

DeFi Land is a multi-chain farming simulation web game based on Solana. It aims to realize the gamification of decentralized finance. It redesigns all the functions of traditional DeFi and is a user-friendly interactive game for beginners and ecological participants.

DeFi Land hopes to create an interactive, fun and easy-to-learn way to introduce decentralized financial applications to newcomers, with the goal of being customer-centric and improving the experience of existing DeFi users to make it more attractive.

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Based on the high-performance public chain Solana

DeFi Land chose to build on the high-performance public chain Solana, because Solana provides extremely fast transaction processing speed, and the transaction fee is close to zero, which can meet almost all the needs of game players and the cost is close to zero. For GameFi, it is crucial to create the smoothest DeFi experience, providing fast, cheap and safe.

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DeFi Land is compatible with existing protocols to create a new gaming environment

DeFi Land does not create a closed ecosystem for games like in other protocols, nor does it create a new environment, but to accelerate, gamify, and improve the existing environment.

DeFi Land will be compatible with some existing platforms, which means that users will use protocols such as AMM, DEX, lending, etc. through DeFi Land's games.

For example, when players try to "plant crops" in the game, they will actually use different capital pools and platforms through the DeFi Land interface.

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DeFi Land game experience

DeFi Land aims to turn a series of investment activities into games, and turn DeFi into gamification. One of its innovative designs is that it regards DeFi as a whole and aggregates activities on each DeFi platform, and then turns them into measurable The interactive game played provides users with an access to all DeFi protocols.

time

• time

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DeFi Land day and night cycle display

• weather

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music

• music

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DeFi Land Music Preview (Unfiltered)

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Two versions of DeFi Land

A series of functions of DeFi Land will be distributed online. The DeFi Land game will release two versions. The v1.0 version will be released this summer, and the v2.0 version is planned to be released in early 2022. Both web and mobile users can use it. The game design and mechanics undergo multiple iterations over time and user experience.

• v1.0 version

provide liquidity

• trade

• provide liquidity

• governance

• governance

• customizable land

• Education Land (Experimental Mode)

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Schematic diagram of DeFi Land v1 version

• v2.0 version

borrow money

• borrow money

• NFT market

• NFT market

• interactive chat

• Prediction and Betting Features

• Unions, Gangs and Fighting

• Contest

• Contest

• Ethereum, Terra and BSC Land

DeFi Land is currently being developed on the Solana chain. Due to the need for a fast and cheap user experience, DeFi Land does not support DeFi protocols on other public chains in the v1 version. However, support for other public chains is planned to be added in the near future.

Token Economic Model

Token Economic Model

In addition to being provided to ordinary users as a governance token like most protocols, the DeFi Land token DFL is also a native token in the game, giving players the opportunity to fully integrate into the game.

DFL tokens are used to manage DeFi Land and reward players in the game, allowing players to participate in staking, competitions, betting, rewards and other functions, as well as the upcoming functions of v2.1.

DeFi Land plans to provide community airdrops for testers, early users, and active members in the future.

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Team & Funding Progress

The DeFi Land team was originally composed of 5 experienced members in the decentralized field. The team members have extensive experience in VR, AI, games, financial technology, ERP and other industries. The team has worked with large banks and retail companies in multiple regions The company has cooperated.

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development plan

DeFi Land plans to launch v1.0 in closed beta testing by the end of August. This release will include exchange, liquidity provision and mining, primarily through Serum and Raydium. Updates about the project will be released once or twice a month, and new features will be added gradually.

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DeFi Land Art Contest, Deadline: August 1, 23:59 EST

After finishing the v1 version (expected in November), the development of the v2 version will start, which will include more features, such as battles between players.

DeFi Land plans to start testing in the fourth quarter of 2021 and launch in the first quarter of 2022. At the same time, it will also deploy and develop mobile versions of the game on other blockchains.

DeFi Land will conduct a public sale of DFL tokens shortly after the test. At present, multiple platforms have expressed interest in DeFi Land's IDO. The details will be announced through official channels, while ensuring the fairness of the token sale. Everyone There is an opportunity to participate.

Q3 2021

• Integration with Serum, Raydium

• Release the beta version of the mainnet

• NFT Marketplace

• Release the beta version of the mainnet

• public offer

governance

• governance

• special land sale

• Completed v2 closed beta

• Integrate with other popular Solana projects

2022 Q1

• bridging

• bridging

• Mobile version closed beta

• Cooperation with other blockchain games

• Release v2.0 version

2022 plan

• ecological donation

• Integration with other chains

• Scholarship/Educational Program

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epilogue

epilogue

The popular DeFi provides users with services such as transactions, wealth management, and assets in traditional finance. GameFi tries to simplify the concept of financial complexity through games and becomes the UI front end of DeFi. Relying on Solana, DeFi Land, which is on the GameFi track, is committed to creating an exquisite and delicate interactive game, allowing users to experience the innovative gameplay of Play to earn, integrating more fun and interesting factors into finance, and creating a new DeFi business Paradigm shift.