Learned by 44 usersPublished on 2024.04.02 Last updated on 2024.10.15
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Introduction to DeFi Land (DFL) Cryptocurrency
DeFi Land is a farming simulation game that operates across multiple chains. The game is free to access, but to unlock the “play-to-earn” feature, users must reach certain levels in the game. Players of DeFi Land can earn money in the following ways:
Additionally, DeFi Land features unique NFTs that represent various characters and items in the game.
Use Cases of DFL Token
The DFL token has the following functions within the platform:
Features of DeFi Land
DeFi Land is somewhat different from most DeFi projects. Instead of creating its own environment from scratch, it aggregates existing protocols. This means that users of DeFi Land can use well-known protocols integrated into one place, including swaps, lending platforms, DEXs, and more.
Founders
DeFi Land was founded by a developer named DFL Erwin in 2021. He currently leads the team. Another leading member of the team is the head of partnerships, who goes by the pen name DFL Will. All members of the DeFi Land team operate under pseudonyms.
Token Economics
The maximum supply of DFL tokens is 9,774,000,000. The distribution of tokens is as follows:
The DeFi Land (DFL) cryptocurrency project was founded by a developer named DFL Erwin in 2021. He currently leads the team. Another leading member of the team is the head of partnerships, who uses the pen name DFL Will. All members of the DeFi Land team are operating under pseudonyms.
According to the information provided, here are some venture capital institutions and projects that have invested in cryptocurrency and the DeFi (Decentralized Finance) sector:
Distributed Capital: Partnering with Wanxiang Blockchain Lab, Distributed Capital has invested in cryptocurrency projects like Ethereum.
FTX Group: This includes the FTX exchange, crypto quantitative trading firm Alameda Research, and its various investment projects like Solana.
GGV Capital, Lightspeed China, Oxford Capital: These traditional VC firms have started to focus on and invest in the cryptocurrency sector.
Polkadot (DOT): Raised approximately $43 million through ICO, becoming one of the star public chains.
BlockFi: A cryptocurrency lending firm that announced completion of $50 million in financing in August 2020.
Robinhood, Revolut: These companies have raised substantial funds in the CeFi sector.
BitDAO, FalconX, 1inch: These projects raised funds in the DeFi sector, ranking among the top three.
This information suggests that multiple venture capital institutions and companies are actively investing in the cryptocurrency and DeFi sectors.
Operation Principles of DFL Cryptocurrency:
Specific Operating Mechanism:
Security:
In summary, DFL cryptocurrency achieves secure and reliable peer-to-peer transactions and asset transfers through blockchain technology, distributed ledgers, and smart contracts, characterized by decentralization, anonymity, and fast, low-cost features.