The Incredibly Nostalgic Form of Fantasy Pixel Art 80 by Kim Smit (kimsmit2231@gmail.com)

“DeFi Kingdoms is a game with a liquidity pool opportunity and a market of rare utility driven NFTs. DeFi Kingdoms is a Play to Earn MMORPG built upon a strong DeFi protocol. It features rare and unique NFTs with built-in utility, to create an immersive and beautiful online world in the incredibly nostalgic form of fantasy pixel art.” Currently there are three ways to make money in the game;

  • The gardens (liquidity pools). Here you choose the pool you like the most (i.e. JEWEL-ONE, JEWEL-LUNA). Every pool has a different APR.
  • Jeweler, the bank where you can stake JEWEL in exchange for a percentage of the trading fees.
  • Heroes are bought as nft’s. You can send them on earn quests, rent them or summon new ones. As your heroes are assigned to go on quests, they’ll earn XP, increase their stats, find and craft rare items, participate in PVE and PVP Tournaments, … Crystalvale will feature a limited series of Gen0 Hero NFT’s that will introduce new genes and classes unique to Crystalvale

Tobias

(not sure we need quotation marks if we are not DIRECTLY quoting, I would say no, but leave the reference link.)

DeFi Kingdoms is a game with a liquidity pool opportunity and a market of rare utility driven NFTs. DeFi Kingdoms is a Play to Earn MMORPG built upon a strong DeFi protocol. It features rare and unique NFTs with built-in utility, to create an immersive and beautiful online world using the nostalgic form of fantasy pixel art.

 

Tobias I would move this to the earn summary

Currently there are three main ways to make money in the game:

  • Staking JEWEL tokens in exchange for a percentage of the trading fees
  • Farming LP tokens (JEWEL-ONE/JEWEL-LUNA) in the gardens (liquidity pools)
  • By using your NFT heroes in different ways:
  1. Renting them out for JEWEL
  2. Summoning new ones (which you can choose to use or rent out)
  3. Sending them out on quests or missions to earn experience or to find rare items such as Gaia’s Tears aka DFKTEARS (which can be sold for JEWEL or other currencies)

Currently the return on NFT heroes, may not seem much but with PVE tournaments lined up for the future they could certainly be of interest in the long run.

Crystalvale will also feature a limited series of Gen0 Hero NFT’s that will introduce new genes and classes, unique to Crystalvale.

24 Apr 2022 – 29 Apr 2022

Links
Images
Serendale artwork

Summary of Strengths 90 by Kim Smit (kimsmit2231@gmail.com)
  • They have a very detailed roadmap with some very exciting things yet to come (Crystalvale, pets, buildings, land use)
  • The team is very dedicated to the project. They are working really hard on keeping promises and deadlines and on improvements in the future of the game
  • There is a certain addictiveness to the game. You want to earn more JEWEL to use it in the different options in the game. There are a lot of use cases for JEWEL in the game
  • “DeFi platform – players can easily stake JEWEL/CRYSTAL in the bank and engage in liquidity pools.
  • Browser game makes adoption easy
  • Gameplay tokenomics are easy to understand
  • Playable heroes with various stats, traits, and professionals are in the form of NFTs
  • Extremely cheap gas fees”

Tobias

  • Extremely cheap gas fees
  • Browser game makes adoption easy
  • Gameplay tokenomics are easy to understand
  • A new expansion already released within 6 months
  • Playable NFT heroes with various stats, traits, and professions are yours to own
  • Very detailed roadmap with some very exciting things yet to come (PVP, Crystalvale, pets, buildings, land use)
  • A well functioning “DeFi platform” where players can easily stake JEWEL/CRYSTAL and engage in liquidity pools
  • A good level of addictiveness, especially the need to earn more JEWEL, useable in different areas within the game
  • Dedicated hard working team keeping their promises when it comes to improving the game and sticking to their deadlines

24 Apr 2022 – 28 Apr 2022

Links

Summary of Weaknesses 60 by Kim Smit (kimsmit2231@gmail.com)
  • A relatively new project, launched in August 2022. “The gameplay is still being developed. There are still some rare bugs, so if the gameplay is not executed well, then this will severely negatively impact engagement and users”
  • “Another risk is that the team is fully anonymous. That means they could technically just take everybody’s money and run without anyone knowing who they are. While it doesn’t seem likely for such a mature and serious project, it’s still a risk”
  • Right now it seems the airdrops are going more to the bigger wallets. However, they see this problem and are finding ways to fix it.

TOBIAS

  • A relatively new project, launched in August 2021 with the game play still being developed
  • Still some bugs sometimes affecting the gameplay, potentially affecting user engagement
  • The team behind the game is fully anonymous, meaning that technically they would be able to take everyone’s money and run, without anyone knowing who they are. (This isn’t likely for such a mature and serious project, however it’s still a risk)
  • Currently the distribution of airdrops is a little partial, going mainly to the bigger wallets. However, the problem has been recognized and is being worked on.

 

24 Apr 2022 – 28 Apr 2022

Links

Summary of Opportunities 70 by Kim Smit (kimsmit2231@gmail.com)
  • “Fast-growing game in crypto right now, second only to Axie Infinity
  • Cross-chain plays to another popular chain, Avalanche”
  • High APRs in the new Crystalvale gardens/liquidity pools
  • No competitors on the same level yet

Tobias

 

  • “Fast-growing game in crypto right now, second only to Axie Infinity”
  • “Cross-chain plays to another popular chain, Avalanche”
  • High APRs in the new Crystalvale gardens/liquidity pools
  • No competitors on the same level yet

point 3 does APR mean anual percentage rate here? or is it short for something else?

24 Apr 2022 – 28 Apr 2022

Links

No Threats? 100 by Kim Smit (kimsmit2231@gmail.com)

No possible threats at this moment in time.

 

Tobias

24 Apr 2022 – 28 Apr 2022

Most Successful DeFi Game 90 by Kim Smit (kimsmit2231@gmail.com)

The most successful decentralized game at the moment.

Liquidity pools that are made simple, so that it makes a good learning opportunity as well for anyone just starting in crypto.

Tobias

Defi Kindoms is one of the most successful decentralized games at the moment.

The liquidity pools are made simple, allowing for a good learning opportunity, especially for those just getting familiar with PTE & crypto in general.

24 Apr 2022 – 28 Apr 2022

Biggest in the Field 100 by Kim Smit (kimsmit2231@gmail.com)

The two biggest competitors are Yield Hunt and Defira, but they are nowhere near where DeFi Kingdoms is now. Also they both seem like imitations of DFK.

Right now DeFi Kingdoms are the biggest in their field. That must mean they are doing something right. The roadmap is a really good feature. So far it seems that they have not missed big deadlines, which is pretty neat in the crypto world.

 

Tobias I think if we do mention other games we should link their site/white paper?

The two biggest competitors in their genre are Yield Hunt [1} and Defira [2], though both possibly promising, they are currently nowhere near to the level where DeFi Kingdoms is now. They are obviously games inspired directly by DFK.

Right now DeFi Kingdoms is the biggest in its field, meaning they must be doing something right. The roadmap is promising with many more new features to come. So far they have not missed big deadlines, which is not something you see very often in the crypto gaming world!

24 Apr 2022 – 28 Apr 2022

Links

No Unanswered Questions 100 by Kim Smit (kimsmit2231@gmail.com)

No unanswered questions yet

 

Tobias

24 Apr 2022 – 28 Apr 2022

New, Revolutionary, Addictive and Very Successful 90 by Kim Smit (kimsmit2231@gmail.com)

New, revolutionary, addictive and very successful.

This browser game is focussed on progression with different game aspects. With liquidity pools, staking and the heroes there really is something for every demographic. The artwork will attract a certain public, but the gameplay will definitely attract more people as well. Overall, the game looks like it has a very bright future with a detailed and fun-looking roadmap.

“DeFi Kingdoms brings out a charming, comfy nostalgia for gameplay. It adds to the medieval RPG staple classic pixel aesthetic that many gamers love, coupled with the ability to earn.”

 

Tobias

“DeFi Kingdoms brings out a charming, comfy nostalgia for gameplay. It adds to the medieval RPG staple classic pixel aesthetic that many gamers love, coupled with the ability to earn.”

This browser game is focussed on progression within several different game aspects. On the one hand you can stake your $JEWEL within the liquidity pools on the other you can build/use/rent out your NFT heroes. There is really something of interest for every demographic.

The (old school pixel) artwork will definitely attract a certain public, but the gameplay itself will be of interest many more.

Overall, the game looks like it has a very bright future with a detailed and exiting roadmap for the future.

 

24 Apr 2022 – 28 Apr 2022

Links

Fantasy Pixel Art 80 by Kim Smit (kimsmit2231@gmail.com)

The artwork is quite specific. You will have to like a pixel game. It kind of has a feel of an old school game, so it will probably attract the people who played these and not so much the younger generations. It has very cute animations though and with the new launch Crystalvale they will give everything a winter theme makeover. So the heroes will have winter coats.

 

Tobias

 

The old school pixel artwork is quite specific and will definitely interest an older generation more, having played such games in their youth. Unlike the younger generation who are used to the games today, and would probably find the artwork quite simple, perhaps even crude and outdated.

However no one can deny that the animations are very cute though, and with the new launch of Crystalvale everything will even have a new winter theme makeover, including the heroes, who will all be dressed in winter coats.

24 Apr 2022 – 28 Apr 2022

Links
Images
Crystalvale heroes

A good dose of Addictiveness 90 by Kim Smit (kimsmit2231@gmail.com)

The game has a certain addiction where you want to grow your JEWEL. There are different ways to earn JEWEL and to use your JEWEL (enough use cases to ensure the value of the token). This means you want to try different ways and see what works best for you.

Apart from this they have an exciting roadmap. You want to be a part of the game just to see what is coming and how they will incorporate everything in the gameplay.

Also in their Discord they keep the gamers up to date with what is coming in the game and in their beta version of the game they put teasers of what is to come. This keeps gamers engaged and excited.

 

Tobias what do you mean by growing your jewel? You mean the amount of jewel of each jewel can have different levels?

The game has a certain level of addictiveness in wanting to develop your JEWEL. There are different ways to earn JEWEL and use it (enough use cases to ensure the value of the token). This means you continuously want to keep testing and see what ways works best for you.

Apart from this, the game developers have an exciting roadmap enticing you to be a part of the game, just to see what is coming and how the game play will develop.

Also in their Discord they keep their following up to date with news flashes and teasers on what is to come, keeping gamers engaged and exited.

24 Apr 2022 – 28 Apr 2022

Links
Images
Beta version

Setting Up 90 by Kim Smit (kimsmit2231@gmail.com)

As this is a browser game, anyone with a pc can play this game. You don’t need a high-end processor as it is a pixel game. Furthermore, you will definitely need some ONE in your Harmony wallet or with the launch of Crystalvale you can also have AVAX in your Avalanche wallet.

With the ONE you can swap the token in-game for JEWEL (these trading fees will go to the jeweler and be rewarded to the players who have their JEWEL staked in the bank). That is all you need to play the game and be ready to buy some heroes, stake at the jeweler or buy liquidity seeds and plant these in the gardens.

 

Tobias I think you need to explain a little more what ONE is? a special token? how to get it? And the harmony wallet, is this an in game wallet? Easy to set up? I think being part of the setup the bullet points taken from “how to play” should be here. but I am now a little confused with the wallets? how do you get ONE in you harmony wallet or into your Metamask /coinbase wallets, from an exchange? This part please help to clarify.

As this is a browser game, anyone with a pc can play this game. You don’t need a high-end processor as it is a pixel game.

You will however need some ONE in your Harmony wallet or with the launch of Crystalvale you can also use AVAX from your Avalanche wallet.

Hereby the steps:

  1. Make sure you have a Metamask or Coinbase wallet
  2. Deposit ONE or AVAX into your wallet to cover gas fees and swap these for CRYSTAL or JEWEL
  3. Go to the website and select “Start Playing”
  4. Create a profile and you are set to go!

(trading fees will go to the jeweler and be rewarded to the players who have their JEWEL staked in the bank).

That is all you need to play the game and get you set to buy some heroes, stake at the jeweler or buy liquidity seeds to plant these in the gardens.

 

24 Apr 2022 – 28 Apr 2022

How to Get Started 80 by Kim Smit (kimsmit2231@gmail.com)
  • Make sure you have a Metamask or Coinbase wallet
  • Deposit ONE or AVAX in yout wallet to cover gas fees and swap for CRYSTAL or JEWEL
  • Go to the website and select Start Playing
  • Create a profile
  • Then you can choose a strategy in the game; buy a hero, plant seeds in the gardens (liquidity pools) or put your tokens with the Jeweler.

There is a Youtube Channel, Alex Moneton, who does a lot of instructive videos on DeFi Kingdoms. There is also a good How to play video, which is linked here:

 

Tobias as this part is HOW TO PLAY please can you go into more detail of the different game elements? what you do with your heroes, how to stake the Jewel, the farming aspect etc. the bullet point I moved to getting started, though this page as mentioned need some clarification.

There is a Youtube Channel, Alex Moneton, who does a lot of instructive videos on DeFi Kingdoms. There is also a good How to play video, which is linked below:

24 Apr 2022 – 28 Apr 2022

Links

Skillset 85 by Kim Smit (kimsmit2231@gmail.com)

There are no specific skills needed for this game, but it helps if you like statistics (especially with the heroes) and of course some knowledge in staking and liquidity pools is useful.

You can play on your own time. Especially with the gardens and the jeweler. The heroes are more time sensitive, as they are being send on quests that need to be completed after a while.

For the heroes it is important that you put some time in. Learn which skills are best for which quest and get the best heroes for the right professions.

 

Tobias

There are no specific skills needed for this game, but it helps if you like statistics (especially with the heroes) and of course some knowledge in staking and liquidity pools is useful.

You can play on your own time, especially when it comes to the gardens and the jeweler. The heroes are more time sensitive, as they are being send on quests that need to be completed within a certain time frame.

For the heroes it is important that you do invest some of your time, learn which skills are best for which quest and get the best heroes for the right professions.

24 Apr 2022 – 28 Apr 2022

Images
Statistics heroes

No Unanswered Questions 100 by Kim Smit (kimsmit2231@gmail.com)

No unanswered questions yet

24 Apr 2022 – 28 Apr 2022

Earning Potential 80 by Kim Smit (kimsmit2231@gmail.com)

Currently there are three main ways to make money in the game:

  • Staking JEWEL tokens in exchange for a percentage of the trading fees
  • Farming LP tokens (JEWEL-ONE/JEWEL-LUNA) in the gardens (liquidity pools)
  • By using your NFT heroes in different ways:
  1. Renting them out for JEWEL
  2. Summoning new ones (which you can choose to use or rent out)
  3. Sending them out on quests or missions to earn experience or to find rare items such as Gaia’s Tears aka DFKTEARS (which can be sold for JEWEL or other currencies)

Currently the return on NFT heroes, may not seem much but with PVE tournaments lined up for the future they could certainly be of interest in the long run.

Crystalvale will also feature a limited series of Gen0 Hero NFT’s that will introduce new genes and classes, unique to Crystalvale.

24 Apr 2022 – 30 Sep 2022

Clever Mechanism 85 by Kim Smit (kimsmit2231@gmail.com)

The developers built in a clever mechanism to ensure that long-term holders, early adopters and enthusiasts will be the most heavily rewarded and incentivized.

The unlocking of JEWEL takes a full year to be completed and during this time the demand for JEWEL will likely greatly increase. As the Jewel rewards are reaching the end of their primary issuance phase, CRYSTAL issuance will be in full swing and you need JEWEL to get CRYSTAL and to have the game on AVAX could end up being 10 times larger then on Harmony.

With the unlocked portion in the gardens players will be in the game for a long time. They will want the value of the token to stay at a certain level and will keep being involved in the game. This is also good for the longevity of the game.

Another thing is the mechanics of the gardens and the bank it really illustrates how much thought has gone into the tokenomics of this game.

As for the heroes, not only are they usuable in many ways, there is still so much progression to be made with them going forward.  There really an earning interest for every kind of player.

 

 

24 Apr 2022 – 30 Sep 2022

Earning Mechanics 75 by Kim Smit (kimsmit2231@gmail.com)

So far, there is three ways to make money in the game. As the game updates, we will update the information.

  • Jeweler. You put your JEWEL/CRYSTAL at the jeweler and whenever you are ready you can take it out and take your rewards without withdrawal fees.
  • Gardens.  If you put your tokens in the gardens it will be rewarding after a longer period. This is a good feature, because it reassures long-time players, which is always good for the longevity of a game.
  • Heroes
    • Summoning.  If you have two heroes you can summon a new hero. You will have to pay summoning fees for both heroes, so it can cost around 60 JEWEL to summon a new hero.
    • Renting.  A hero has a certain amount of summons. This means you can also rent your hero out. Players pay a fee to use your hero to summon a new one.
    • Questing. You can do 5 quests with a hero in 8 hours. With quests you get rewards, which you can sell for gold.

Tobias

So far, there are three ways to make money in the game. As the game evolves, we will update the information.

  1. Jeweler: You deposit your JEWEL/CRYSTAL with the jeweler and whenever you are ready you can take it out and take your rewards without withdrawal fees.
  2. Gardens:  If you put your tokens in the gardens you will be awarded but only after a longer period of time. This is a good feature, because it reassures long-time players, which is always good for the longevity of a game.
  3. Heroes
    • Summoning:  If you have two heroes you can summon a new hero. You will have to pay summoning fees for both heroes, so it can cost around 60 JEWEL to summon a new hero.
    • Renting:  A hero has a certain amount of summons. This means you can also rent your hero out. Players pay a fee to use your hero to summon a new one.
    • Questing: You can do 5 quests with a hero in 8 hours. With quests you get rewards, which you can sell for gold.

24 Apr 2022 – 28 Apr 2022

NFT Info 70 by Kim Smit (kimsmit2231@gmail.com)

The NFTs in the game right now are the heroes. Heroes in DeFi Kingdoms come with multiple stats that are key in the game. “Stats are generated by the hero’s class, stat bonus genes, rarity and bonuses applied during the summoning process at the Portal. Knowing your NFT heroes’ stats can help you determine which heroes to send during Profession Quests. Plus, stats help you narrow down what heroes you want to buy, sell and breed while visiting the Tavern and Portal.” In the marketplace you can filter on all the attributes.

However there are also land nft’s, which still need a use case. In the update, the Castle, you can buy land. The cheapest land right now is 33.000 JEWEL, so obviously for the bigger investors. Possible things you can do are mining on your land, finding resources etc.

 

Tobias

 

The NFTs in the game right now are the heroes. Heroes in DeFi Kingdoms come with multiple stats that are key in the game. “Stats are generated by the hero’s class, stat bonus genes, rarity and bonuses applied during the summoning process at the Portal. Knowing your NFT heroes’ stats can help you determine which heroes to send during Profession Quests. Plus, stats help you narrow down what heroes you want to buy, sell and breed while visiting the Tavern and Portal.” In the marketplace you can filter on all the attributes.

However there are also land nft’s, which still need a use case. In the update, the Castle, you can buy land. The cheapest land right now is 33.000 JEWEL, so obviously only for the bigger investors at the moment. Possible examples of things you could do with your land is mining and finding resources.

24 Apr 2022 – 28 Apr 2022

Links
Images
Marketplace Attributes

Spreadsheet 100 by Kim Smit (kimsmit2231@gmail.com)

Fill in the blue squares in the spreadsheet to check revenue and ROI for the different areas in the game.

 

Tobias

26 Apr 2022 – 28 Apr 2022

Links

Fastest Way to Make Money? 80 by Kim Smit (kimsmit2231@gmail.com)
  • Jeweler. The jeweler is the option with the lowest return. On the other hand it is purely passive income. With an investment of $1k you can double this within 61 weeks. There is no question of ROI, because you can take your money out anytime.
  • Gardens. The gardens in Serendale right now have an APR of around 330%. However, a part of the rewards will be locked and after 51 epochs (around a week) this will unlock linearly (annually?). With an investment of $1k the ROI is 18 weeks. The only thing is that your rewards will be locked. So, strictly speaking it’s not 18 weeks, but a year untill you can get the money out.
  • Heroes
    • Questing. With quests you get rewards, which you can sell for gold. Generally, all things can be sold for gold, which can then be used to buy certain items, or swapped through Trader Matoya for JEWEL. With buying one hero (right now 66 JEWEL for a foraging hero) you get your investment back in 5 weeks, based on an average quest reward of $2.66.
    • Summoning. When you summon, you pay for heroes, summoning fees and then you get a new hero. The ROI can not really be calculated, because it depends immensely on what hero you get. If you are lucky you get your investment back after one summon.
    • Renting. You can also rent your hero out to be summoned for a fee you choose. After 6 or 7 summons you can get your investment, depended on what hero you have.

Tobias

 

  • Jeweler: The jeweler is the option with the lowest return. On the other hand it is purely passive income. With an investment of $1k you can double this within 61 weeks. There is no question of ROI, because you can take your money out anytime.
  • Gardens: The gardens in Serendale right now have an APR of around 330%. However, a part of the rewards will be locked and after 51 epochs (around a week) this will unlock annualy. With an investment of $1k the ROI is 18 weeks. The only thing is that your rewards will be locked. So, strictly speaking it’s not 18 weeks, but a year untill you can get the money out.
  • Heroes:
    • Questing: With quests you get rewards, which you can sell for gold. Generally, all things can be sold for gold, which can then be used to buy certain items, or swapped through Trader Matoya for JEWEL. With buying one hero (right now 66 JEWEL for a foraging hero) you get your investment back in 5 weeks, based on an average quest reward of $2.66.
    • Summoning: When you summon a hero, you pay a summoning fee. The ROI can not easily be calculated, because it depends immensely on what hero you get. If you are lucky you can get your investment back after just one summon.
    • Renting: You can also rent your summoned hero for a fee of your choise. After 6 or 7 summons you can get back your investment, depending on what hero you have.

25 Apr 2022 – 28 Apr 2022

Links

Token Info 90 by Kim Smit (kimsmit2231@gmail.com)

The in-game token at this moment is JEWEL and CRYSTAL. You can buy JEWEL by trading ONE in the game itself. The trading fees will be going to the bank/jeweler where it is divided over the players who are staking JEWEL. Furthermore, you can create liquidity pools with this token and another token of your choice and receive a certain APR. This will differ for each pool and will also vary.

With the launch of Crystalvale on March 30 there was a new in-game token introduced, called CRYSTAL. This will have the same use cases as the JEWEL in Serendale. You can trade AVAX for Crystal, but also JEWEL is tradeable for CRYSTAL.

 

Tobias

The current in-game token sare JEWEL and CRYSTAL*. You can buy JEWEL by trading ONE in the game itself. The trading fees go to the bank/jeweler where it is divided amongst the players who are staking JEWEL. Furthermore, you can create liquidity pools with this token and another token of your choice to receive a certain APR. This willbe different for each pool varying accordingly.

*With the launch of Crystalvale on March 30 there was a new in-game token introduced, called CRYSTAL. This token has the same use functionalities as JEWEL in Serendale. You can trade AVAX for Crystal, but also JEWEL is tradeable for CRYSTAL.

25 Apr 2022 – 28 Apr 2022

Our Strategy 90 by Kim Smit (kimsmit2231@gmail.com)

Our strategy:

We went in Serendale with ONE which we traded for JEWEL. This we put in the Jeweler, while we waited for Crystalvale to launch on March 30th. At this time the token JEWEL had doubled in value. We got our investment back and went partially into the Crystal gardens. For a chance of a gen0 hero we staked into the Jeweler as well and after the snapshots we put this Crystal in the gardens too.

Most important is that you buy the token at a low price and then you can try different strategies in the game.

 

Tobias

read

27 Apr 2022 – 28 Apr 2022

Spreadsheet Cash Flow 85 by Kim Smit (kimsmit2231@gmail.com)

See the link below for our self-created spreadsheet with cash flows on every aspect of the game.

26 Apr 2022 – 28 Apr 2022

Links

Liquidity Choice 85 by Kim Smit (kimsmit2231@gmail.com)

Liquidity

With the gardens or liquidity pools they assure there will be enough liquidity throughout the game. A part of the JEWEL/CRYSTAL will be locked up over the course of a year and will then start unlocking linearly over another year. This creates liquidity long term in the game. You can either choose for the highest APR% or choose a coin pair you like. There is higher risk and lower risk, so it depends what you like to spend.

Staking

You can either put your JEWEL/CRYSTAL at the jeweler for a percentage of the trading fees for when players are trading in-game or you can put JEWEL/CRYSTAL with another token in the gardens. Both ways you get rewards for creating liquidity in the game.

Tobias: read

25 Apr 2022 – 28 Apr 2022

No Unanswered Questions 100 by Kim Smit (kimsmit2231@gmail.com)

No unanswered questions yet.

 

Tobias: read

26 Apr 2022 – 28 Apr 2022

Game Economics vs. Tokenomics 60 by Kim Smit (kimsmit2231@gmail.com)

The game economics are good and well thought out. Especially with the gardens. Here a part of the rewards are being locked and will start unlocking after a year. This means players will be in the game for a long time. They will want the value of the token up and will keep being involved in the game. It is also good for the longevity of the game.

As for the heroes, they have so much progression to make and there are so many ways you can go with them. There really is something for every player.

The tokenomics outside of the game are unclear. Are the owners holding coins yes or no and if so, how will they be distributed?

 

Tobias

The game economics are good and well thought out. Especially with the gardens. Here part of the rewards are locked and will start unlocking only after a year. This means players will be in the game for a long time. They will aim for the value of the token to get higher and will keep being involved in the game. Working well for the longevity of the game.

As for the heroes, they have so much progression to make and there are so many ways you can go with them. There really is something for every player.

The tokenomics outside of the game are unclear. Are the owners holding coins yes or no and if so, how will they be distributed?

26 Apr 2022 – 28 Apr 2022

Wallet Addresses 50 by Kim Smit (kimsmit2231@gmail.com)
“You can see the addresses of these funds here.
  • Development Fund Multisig Safe [1]
  • Marketing Fund Multisig Safe [2]
  • Smart Contract Owners Safe [3]
  • Pay Portal Vesting Wallet [4]
Initial Liquidity Fund: 0x0240976CD26Caf288B489bfCADe6b76eE14B5e3F
Founding Member Addresses:
  • Frisky Fox: 0x17D717EB3DD20a202dce9e8e396A444db1Af1D28
  • Sinstar Necro: 0xA76Ea4f96136AF0fF23e7CC426Bfc21E451ff9f5
  • Jericho Splendershoes: 0x2b45C2dF1E982E596137d49A02afC02B9fb8B8dB
  • Admiral Omicron: 0x19612e015E6bC4f5C7ba122bd4acA23646414b72″[5]

Tobias: read

26 Apr 2022 – 28 Apr 2022

Links

Locking Schedule 50 by Kim Smit (kimsmit2231@gmail.com)

There is no vesting schedule as in the usual tokenomics. There are two ways in the game to assure tokens are not distributed all at once. Number one is every time there is a transaction in the game, the tokens will be divided over different things, see Team Allocation. not sure what you mean by see team allocation here, and when you divided over different things,  which things, and how does this mean they are not distributed all at once?

Besides this, there are the gardens with the locking up of the tokens. Right now the JEWEL token. These will start to unlock from July 2022. In the meantime, from April 2022, there will be CRYSTAL pools building up locked CRYSTAL. For these pools you will need JEWEL. This way the developers really made sure of keeping the use case up and not having the tokens unlocked at one. This ensures big dumps of the tokens.

“In DeFi Kingdoms, whenever you summon, there is a fee you have to pay in JEWEL. Additionally, whenever you sell or rent one of your heroes out on the Tavern, there is a 3.75% fee charged. These summoning costs and Tavern fees are all a fundamental part of the game’s tokenomics and economy.”[1]

“The JEWEL token has a hard cap of 500,000,000 tokens and the CRYSTAL token has a hard cap of 125,000,000 tokens.”[2]

 

Tobias:

There is no vesting schedule as is usual in the tokenomics of other games. There are two ways in the game to assure tokens are not distributed all at once. The first way is that the tokens will be divided with each transaction. (see Team Allocation.)

Secondly there are the gardens which lock up of the tokens. Right now the JEWEL token, which will start to unlock from July 2022 onwards. In the meantime, from April 2022, there will be CRYSTAL pools building up locked CRYSTAL. For these pools you will need JEWEL. This way the developers really made sure of keeping the use case up and not having the tokens unlocked at once. This prevents any big dumping of the tokens.

“In DeFi Kingdoms, whenever you summon, there is a fee you have to pay in JEWEL. Additionally, whenever you sell or rent one of your heroes out on the Tavern, there is a 3.75% fee charged. These summoning costs and Tavern fees are all a fundamental part of the game’s tokenomics and economy.”[1]

“The JEWEL token has a hard cap of 500,000,000 tokens and the CRYSTAL token has a hard cap of 125,000,000 tokens.”[2]

26 Apr 2022 – 28 Apr 2022

Links
Images
Summon hero transaction

Long-term Project 65 by Kim Smit (kimsmit2231@gmail.com)

“The developers built in a clever mechanism that ensures that long-term holders, early adopters and enthusiasts will be the most heavily rewarded and incentivized.

Another thing is the mechanics of the gardens and the bank because it illustrates how much thought has gone into the tokenomics of this game.

The linear unlock of JEWEL will take another full year to be completed and the demand for JEWEL will likely increase greatly in that same time. As the Jewel rewards are reaching the end of their primary issuance phase, CRYSTAL issuance will be in full swing and you need JEWEL to get CRYSTAL and to have the game on AVAX could end up being 10 times larger than on Harmony.”

 

Tobias there is some repetition at several points, which we need to look into to cut down the amount of research areas.

 

“The developers built in a clever mechanism that ensures that long-term holders, early adopters and enthusiasts will be the most heavily rewarded and incentivized.

Another thing is the mechanics of the gardens and the bank because it illustrates how much thought has gone into the tokenomics of this game.

The linear annual? unlock of JEWEL will take another full year to be completed and the demand for JEWEL will likely increase greatly during that time. As the Jewel rewards are reaching the end of their primary issuance phase, CRYSTAL issuance will be in full swing and you need JEWEL to get CRYSTAL and to have the game on AVAX could end up being 10 times larger than on Harmony.”

26 Apr 2022 – 28 Apr 2022

Links

Unanswered Questions 50 by Kim Smit (kimsmit2231@gmail.com)
  • How much JEWEL and CRYSTAL are the owners holding? Is everything in game or are they holding a certain percentage as well?
  • If the owners are holding coins, when will they be distributed?

Tobias: read

26 Apr 2022 – 28 Apr 2022

Community Channels 90 by Kim Smit (kimsmit2231@gmail.com)

The developers behind this project are incredibly good at including their community on every little decision being made. For that reason this community and project are going to flourish. The developers are very involved, the community has a say and pretty much everything happens through voting polls. And overall the outlook and the communication style that this project has, is good for the future of this project.

The Discord server is very active. They do good announcements to keep the community up to date. They also even have a Youtube Channel where they have some instructive videos.

 

Tobias: read

26 Apr 2022 – 28 Apr 2022

Links

Youtubers to Follow 80 by Kim Smit (kimsmit2231@gmail.com)

Youtube:

  • Alex Moneton[1]
  • Zeponomics[2]
  • Renaissance Gaming[3]

tobias:read

26 Apr 2022 – 28 Apr 2022

Links

Social channels 80 by Kim Smit (kimsmit2231@gmail.com)

Discord: working very good. The moderators answer most of the questions pretty quickly. The announcements are frequent. They like to keep the community updated.

Telegram: this is also a very active channel. They also keep the community updated on who the so-called knights who will answer your questions (but never DM you).

 

tobias:read

26 Apr 2022 – 28 Apr 2022

Links

No Unanswered Questions 50 by Kim Smit (kimsmit2231@gmail.com)

No unanswered questions yet.

 

tobias:read

27 Apr 2022 – 28 Apr 2022

Anonymous Team Members 40 by Kim Smit (kimsmit2231@gmail.com)

“The team members of DeFi Kingdoms are transparent yet anonymous. Team members have their wallet addresses, and social media handles are public. However, they go by nicknames such as Frisky Fox, Professor Tango, and Jericho Splendershoes, while no one knows who they are.

In the case of DFK I think that communication, the ability to deliver (unlike many other projects failing to meet promises), the fact they laid out in detail an exhaustive roadmap and did exactly what they said they would, are all evidence that the team is top-notch.

With that said, the biggest issue is that the team is still anonymous. But with the crypto space being pro-privacy it isn’t super surprising that the founders opted for this. The team is delivering and has great communication with the community.”

 

tobias:read

26 Apr 2022 – 28 Apr 2022

Links

Experience Team Members 50 by Kim Smit (kimsmit2231@gmail.com)

Frisky Fox and some other team members do weekly AMAs (ask me anything) with the community which is great. The team so far has delivered, they update weekly. It shows that the team is working hard to make their vision a reality. Deadlines have always been met.

The team is not currently doxxed for personal reasons, though many of them would like to do so in the future. They encourage you to view their track record of development and commitment to the project, examine the smart contract audit, attend the weekly team AMAs (Mondays at 18:00 UTC) on our Discord server, and, of course, to DYOR.

Experience blockchain games

For the back-end development the team consists of eight people, two solidity developers, a solidity manager, an API wizard and a warlock, an automation developer, a back-end director and an executive director. This seems like a good combination of people having experience on the blockchain to work out a good gameplay on the blockchain.

Normally there would be some LinkedIn links here to the team members, but as they are anonymous these are not to be found.

Experience traditional games

They have several Pixel Artists among their game design team. Additionally also a Lore director, a Lore weaver and a Lore Editor. The total game design team consists of fourteen people with different skills (five Pixel Artists, a Lore director, a Lore weaver and a Lore Editor, Game Design Director, Game Experience Director, Map Editor, King of Combat, an Art Director and a Music Composer).

 

tobias:read

26 Apr 2022 – 28 Apr 2022

Links

Marketing Team 50 by Kim Smit (kimsmit2231@gmail.com)

The Marketing team consists of three people, a Marketing Director, a Technical Copywriter and a Marketer.

 

tobias:read

26 Apr 2022 – 28 Apr 2022

Links

Community & Telegram 70 by Kim Smit (kimsmit2231@gmail.com)

They have four Community members:

  • Community Director
  • Usability Specialist
  • Lord of (Chaos) Events
  • Community Goddess

Official Telegram DFK knights:

  • @avivo123
  • @eravalgames
  • @moraen
  • @kilanys
  • @thorikwood
  • @PangaPangablockmeif_I_
  • @ElDelCrypto
  • @Swiftshot1
  • @luuk_DFK
  • @RuinFromSerendale
  • @phoenix6969
  • @easymoneysniper11_ste
  • @brbrbr_dfk
  • @chiichii1998

tobias:read

26 Apr 2022 – 28 Apr 2022

Undoxxed Team Members 30 by Kim Smit (kimsmit2231@gmail.com)
  • When will the team get doxxed?

tobias:read

26 Apr 2022 – 28 Apr 2022

Lack of Partnerships 50 by Kim Smit (kimsmit2231@gmail.com)

This game is one of the biggest projects on Harmony, yet there is a big lack of partnerships.

DeFi Kingdoms is proud to announce thei own subnet, DeFi Kingdoms Blockchain (DFK Chain). Partnering with Ava Labs, DFK Chain will be the home of the previously announced Crystalvale expansion.

 

tobias:read

26 Apr 2022 – 28 Apr 2022

Upcoming Guilds 50 by Kim Smit (kimsmit2231@gmail.com)

On the roadmap it shows there will be guilds after the PvE feature. There is already excitement among the players. What this will look like and how the developers see this in the gameplay is not known yet, but very exciting things to look forward to.

 

tobias: is PVE correct? or should it be be PVP? (as they already have a PVE feature now)

26 Apr 2022 – 28 Apr 2022

Links

No Partnerships 50 by Kim Smit (kimsmit2231@gmail.com)

No known partnerships yet.

 

tobias:read

26 Apr 2022 – 28 Apr 2022

No Major Investors 50 by Kim Smit (kimsmit2231@gmail.com)

No major investors.

 

tobias:read

26 Apr 2022 – 28 Apr 2022

Eco-friendly Blockchains 80 by Kim Smit (kimsmit2231@gmail.com)

DFK is on Harmony One and recently they have expanded to Avalanche. The fees on Avalanche are higher, but they have their own subnet for that, DFK Chain Mainnet. Here JEWEL is the gas fee, which is good for the use case and value of the token.

Harmony One is a fairly green blockchain. Avalanche is known for its speed and eco-friendliness. Both good blockchains to be on.

 

tobias:read (now I know Harmony one is a blockchain as per an earlier question in the game summary, could be good to clarify there)

26 Apr 2022 – 28 Apr 2022

Future Partnerships 50 by Kim Smit (kimsmit2231@gmail.com)
  • Will there be big partnerships in the future? To gain even more volume and users in the game?

tobias:read

26 Apr 2022 – 28 Apr 2022

Exciting, detailed roadmap 90 by Kim Smit (kimsmit2231@gmail.com)

There is already so much to enjoy in DeFi Kingdoms, but there is so much more to come. They have a detailed visual roadmap that fits the game style as well. There are no dates when the next launches will be, but the most recent launch was Crystalvale on March 30th.

They also have two domains for the game. The first one is the normal one where you can play the game and the second one is a beta one where you can see what they are working on next. This is a really cool feature from the team and gets you excited on what’s coming next. It is also a reassurance that they are working on the game/project.

Their roadmap is very exciting and detailed. This has the possibility of attracting a lot of different players.

 

tobias:read

26 Apr 2022 – 28 Apr 2022

Links

Exciting Upcoming Events 80 by Kim Smit (kimsmit2231@gmail.com)

The thing that most players of the game are most exciting for is the launch of PvP and PvE. The hero NFTs have been in the game for some time and while you can do quests with them, it will be very exciting to be able to actually battle with them. This will surely attract more players as well.

Players are also excited for Pets. This is the next event in Serendale and may give the gamers who have been earning eggs with quests some answers what they will be able to do with them.

 

tobias:read some small edits

26 Apr 2022 – 28 Apr 2022

Links

Discovering the Past 90 by Kim Smit (kimsmit2231@gmail.com)

The developers of the game have certainly delayed some of their milestones, as any project has, but they have met every event that was promised. They also keep the community well up to date with announcements in Discord for example. You can feel the community is very satisfied with all the events/milestones that have been met.

The launch of Crystalvale on March 30th was the most recent big milestone. Even though there were a few hiccups, the developers let the community know how they were fixing every little thing and even postponed the start of the Crystalvale Gardens, so that gamers had a chance to get in with the slower transition.

 

tobias:read some small edits

26 Apr 2022 – 28 Apr 2022

No Unanswered Questions 100 by Kim Smit (kimsmit2231@gmail.com)

No unanswered questions yet.

 

tobias:read

26 Apr 2022 – 28 Apr 2022

Buying In 75 by Kim Smit (kimsmit2231@gmail.com)

Currently there are three ways to play DeFi Kingdoms. To start playing the game, it depends on the amount of risk you are willing to take and if you want passive income or active gameplay:

  • The Jeweler is easy to get into, but low rewards.
  • The gardens are high risk, more rewarding and for passive income.
  • Lastly, the heroes are for active gameplay. Here the rewards depend mostly on the time you put into research and gameplay.

So far, the game has turned out good and it would be a good idea to buy the tokens now and get in the game. The gardens are the most rewarding for passive income, which is something anyone can get into and start earning some money.

 

tobias:read

27 Apr 2022 – 28 Apr 2022

Risk to Entry 70 by Kim Smit (kimsmit2231@gmail.com)

It depends on your standpoints going into the game:

  • Low risk + passive income: The Jeweler is low-risk, so you can put any amount of JEWEL in there to start earning a little passively.
  • High risk + passive income: With the gardens you can also start earning passive income, but because you need to pair a token with another one, you need a bit more budget. This is also more risk than the Jeweler.
  • Medium risk + active gameplay: You have the option to invest in heroes. This means more active gameplay. You can send them on quests, summon new heroes, rent them out or sell them for profits.

tobias:read

27 Apr 2022 – 28 Apr 2022

Good Time to Buy 80 by Kim Smit (kimsmit2231@gmail.com)

Right now JEWEL is at a good point to buy into. The market is at a low and JEWEL and CRYSTAL will most likely go up with the market, because of the good game economics. For CRYSTAL there is not enough to read on the charts yet. The coin went live with Crystalvale on March 30th. It is at an all-time low, so technically also a good time to buy.

 

tobias:read

27 Apr 2022 – 28 Apr 2022

Images
Chart JEWEL

Buy the Tokens 85 by Kim Smit (kimsmit2231@gmail.com)

Right now JEWEL is at a good point to buy into. The market is at a low and JEWEL and CRYSTAL will most likely go up with the market, because of the good game economics. For CRYSTAL there is not enough to read on the charts yet. The coin went live with Crystalvale on March 30th. It is at an all-time low, so technically also a good time to buy.

You will have to buy either ONE or AVAX to get the coins in-game. These you can buy on almost any exchange.

 

tobias:read again some unnecessary repetition we coudl combine in one point

27 Apr 2022 – 28 Apr 2022

Buy NFTs 65 by Kim Smit (kimsmit2231@gmail.com)

You can buy hero NFTs at the marketplace in the game itself. The floor price for forging a good hero right now is 66 JEWEL, so you will need some funds to buy more NFTs. A good strategy would be to buy one or two heroes first and see how it works for you.

At the castle you can buy land NFTS. These go for 33.000 JEWEL right now, so not really for the small investors.

 

tobias:read some small edits

27 Apr 2022 – 28 Apr 2022

Images
Land NFTs

Buy NFTs or Plant Seeds 70 by Kim Smit (kimsmit2231@gmail.com)

To earn the most yield in a short time, the best strategy is to buy a few heroes. You can do 8 quests in 5 hours and if you consistently do quests you will get your investment back the fastest. The gardens are the best for bigger passive income. This will keep you in the game for longer though, with part of the rewards being locked up.

 

tobias:read

27 Apr 2022 – 28 Apr 2022

Upcoming Events 85 by Kim Smit (kimsmit2231@gmail.com)

From July 2022 the JEWEL from the gardens will start to unlock. It is possible that there will be some token dumps then, but the unlock will still be gradual over one year.

Crystalvale just launched and there will be heroes in this realm too. These will likely go live within the next month (May 2022).

The game won’t be changing their economy anytime soon, as they figured out a very good system which works and keeps the community happy.

 

tobias:read some small edits

27 Apr 2022 – 28 Apr 2022

Keep with the Game 80 by Kim Smit (kimsmit2231@gmail.com)

There is no clear exit strategy for DeFi Kingdoms. Especially with the launch of Crystalvale and possibly new realms in the future. A possible exit strategy for heroes is selling all your heroes for the one realm and get in the next one. You use the JEWEL for the next Gen0 heroes. This will be a better investment than keeping you Gen4 or Gen5 heroes.

With the gardens the exit strategy will be when your JEWEL is unlocked after two years. Then you can either sell all your JEWEL or re-invest it back into the game.

 

tobias:read with small edits

27 Apr 2022 – 28 Apr 2022

Token dumps 50 by Kim Smit (kimsmit2231@gmail.com)
  • Will there be token dumps when the JEWEL is going to start unlocking?

tobias:read

27 Apr 2022 – 28 Apr 2022