JEWEL
No. 701Price
Markets
Market | Price | 24H Change | 30D Change | 24H Volume | 24H Value |
|---|
- Coin Introduction
1. Project introduction
DeFi Kingdoms is a cross-chain, play-to-earn game built on a strong DeFi protocol with plans to become a fully-fledged MMORPG in later phases of the Roadmap.
The game features DEXs, liquidity pool opportunities, and a market of rare, utility-driven NFTs, which all together create a beautiful, immersive online world in the incredibly nostalgic form of fantasy pixel art. DeFi Kingdoms currently lives on the Harmony and DFK Chain blockchains.
2. Team introduction
Founder: Frisky Fox
President: Dreamer
3. Application and distribution
Token application:
JEWEL acts as the main token of value in a metaverse game, giving it utility above and beyond that of a regular coin. JEWEL can be used to purchase Hero NFTs, which can themselves be used to earn JEWEL and other rewards. JEWEL can also be combined with existing Heroes and other items to mint new Heroes, and be swapped through the DEX for other tokens and in-game items. This is all in addition to fee sharing opportunities, liquidity pooling, and governance rights.
Token distribution:
The JEWEL token has a hard cap of 500,000,000 tokens.
10,000,000 JEWEL tokens have been pre-minted and distributed as follows:
5,000,000 JEWEL: Allocated to the Development Fund Multisig Safe to fund the future development of the game. These tokens will be time-locked and released over a set schedule as features are completed.
2,000,000 JEWEL: Allocated to the Marketing Fund Multisig Safe for promotion of the project, including marketing, airdrops, etc. These tokens are also time-locked to release slowly over the next few years to ensure that there are always funds available to market the game and acquire new players and traders.
2,000,000 JEWEL: Allocated for initial liquidity. These tokens were matched with ONE tokens to form the initial liquidity pool and will not be withdrawn or sold.
1,000,000 JEWEL: Allocated to the Founders Fund Multisig Safe for bounties and hours for the founding team based on their work towards launch. Half of these tokens were awarded at launch, and the other half will vest over time.
Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.
The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.