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What Is DeFi Kingdoms (JEWEL) and How to Buy?

2023-05-04 06:33:15

What Is DeFi Kingdoms (JEWEL)?

DeFi Kingdoms is an innovative cross-chain game that integrates the power of DeFi with MMORPGs which is an abbreviation for Massively Multiplayer Online Role-Playing Games to give players a unique and immersive gaming experience. The game is built on a solid DeFi protocol and is intended to provide opportunities for players to make money while having fun.

What is DeFi Kingdoms and JEWEL token

The Defi Kingdom game is built with enhanced aesthetics and a Metaverse setting evocative of old-school video game fantasy pixel art. It provides players with access to decentralized exchanges (DEXs), liquidity pools, and a marketplace for non-fungible tokens (NFTs) with utility.

DeFi Kingdoms currently has two realms: Crystalvale, which is built on the DFK Chain, an Avalanche subnet, and Serendale, which can be found on the Klaytn blockchain. Defi Kingdom game developers have already announced future plans to create more realms, each with its unique flavor and opportunities for players.

One of the most exciting aspects of DeFi Kingdoms is its cross-chain functionality. The game is designed to be accessible to players on multiple blockchains, and users can easily onboard and bridge tokens from their preferred blockchain into one of the realms using the outposts feature.

DeFi Kingdoms is a play-to-earn game, meaning that players can earn cryptocurrency by participating in the game's various activities, such as farming, staking, and trading NFTs. The game also rewards players with native tokens, which can be used to improve their in-game experience or traded on exchanges for other cryptocurrencies.

DeFi Kingdoms' development team has big ambitions for the game's future. They want to develop the game into a complete MMORPG with even more thrilling gameplay and features. The game's cross-chain functionality offers nearly infinite room for growth and development.

History of DeFi Kingdoms (JEWEL)

DeFi Kingdoms (JEWEL) is a relatively new player in the world of decentralized finance (DeFi), having only been launched in 2021. The project was created by a team of experienced blockchain developers and gaming enthusiasts who saw an opportunity to combine the best aspects of DeFi and gaming to create a unique and engaging platform.

DeFi Kingdoms emerged from the expanding DeFi movement, and it aims to create a decentralized and transparent financial system with gaming experience that is accessible to everyone. By harnessing the potential of blockchain technology, DeFi Kingdoms aims to create a platform that provides users with various thrilling gaming features and opportunities with a DeFi framework. 

With its strong DeFi protocol and immersive gaming elements, DeFi Kingdoms is quickly becoming one of the most exciting projects in the DeFi space, attracting a growing community of users and investors alike.

What Makes DeFi Kingdoms (JEWEL) Unique?

DeFi Kingdoms is a unique online game that integrates DeFi and MMORPGs to create an immersive gaming experience. One of the unique features of Defi Kingdoms is its innovative approach to play-to-earn mechanics, allowing players to earn cryptocurrency while having fun.

The game's cross-chain functionality is also a major selling point. DeFi Kingdoms is designed to be accessible to players on multiple blockchains, and users can easily onboard and bridge tokens from their preferred blockchain into one of the realms using the outposts feature. This means that players have more flexibility and can choose the blockchain that suits them best.

Another unique feature of DeFi Kingdoms is its beautiful and nostalgic design. The game's graphics add to the game's overall charm and appeal.

In addition, DeFi Kingdoms gives players the chance to access decentralized exchanges (DEXs), liquidity pools, and a marketplace for rare and utility-driven non-fungible tokens (NFTs). These features offer players exciting opportunities to earn cryptocurrency by engaging in activities such as farming, staking, and NFT trading. With these unique features, DeFi Kingdoms sets itself apart from other blockchain games and provides players with a fun and rewarding gaming experience.

Lastly, the DeFi Kingdoms development team plans to upgrade the game into a complete MMORPG with even more exciting features and gameplay. The game's cross-chain capability opens up unlimited opportunities for growth and expansion, giving players a unique opportunity to be a part of something truly special. With such big future goals, DeFi Kingdoms is surely a game to keep an eye on in the blockchain gaming world.

How to Buy JEWEL Tokens?

CoinEx is a global cryptocurrency exchange, trusted by 5+ millions of users worldwide with 100% reserve. With its 700+ tokens supported, including JEWEL, users can now trade easily and seamlessly. To purchase JEWEL on CoinEx, follow the steps below.

  1. Register or Log In: To access CoinEx's services, register for an account by clicking "Register". Existing users can log in.
  2. Deposit Funds: Funding your CoinEx account is the next step after signing up or logging in. You have the opportunity to select the deposit method that best suits you from those provided by the exchange. You can deposit other cryptocurrencies supported by CoinEx and trade them for JEWEL tokens.
  3. Find JEWEL Trading Pairs: Once your CoinEx account is funded, head to the trading page and search for the JEWEL trading pairs. If you have deposited a token, such as USDT, it's important to ensure that the trading pair, for example, "JEWEL/USDT", matches the coin you have deposited.
  4. Buy/Trade JEWEL Tokens: Purchasing JEWEL is simple after you've identified the right trading. Simply specify the number of JEWEL you want to buy and trade the matched token with JEWEL.

JEWEL Coin FAQs

1. How many DeFi Kingdoms (JEWEL) tokens are there in circulation?

The JEWEL token has a maximum supply of 125,000,000 tokens, and as of December 2022, all of the tokens that will ever exist have been minted, some of which are held in a vesting contract. The token maintains a deflationary economy due to the consistent burning of tokens through gameplay and gas fees on the DFK Chain.

2. What is Jewel staking in DeFi Kingdoms?

Jewel staking in DeFi Kingdoms involves holding JWL tokens in a designated wallet to earn rewards through yield farming. The rewards received are determined by the quantity of JWL coins held and also the duration of JWL tokens owned. In general, JWL staking is a popular way for DeFi Kingdoms users to increase their token earnings and help the network.

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