Our operatives have been asking about the DEFY token launch for some time and we are very happy to announce that the DEFY Initial Decentralized Offering (IDO) is coming to Polkastarter!
About DEFY
Revolutionising Move to Earn Gaming
DEFY is a move to earn mobile game. Immersing players in a metaverse that bridges the virtual and physical worlds, DEFY uses Augmented Reality, algorithmically generated geolocations, and hyper-casual code breaking gameplay that has no geographic boundaries.
Create a sustainable Move & Earn game economy
The DEFY team believes that in order to make M2E sustainable for the long term, it is critical to wrap the earning mechanics in a fun, highly engaging game which is rewarding beyond just playing to earn. Using a rich narrative and introducing novel new features into the game, DEFY is built for the long term. Furthermore, the DEFY game economy has been built to harness the creativity of the community, via the upcoming creators platform which will allow users to burn $DEFY tokens in order to forge and create new NFT game assets which may be sold via a native marketplace. By doing this, DEFY is creating a platform that has the ability to absorb and distribute value in multiple ways.
Dual free to play and premium gameloops
DEFY will launch with both premium and free to play user pathways, which will greatly enhance user acquisition and retention. An innovative guild model aims to revolutionise the pathway to economic freedom for P2E players.
Players will be able to move and earn, improve their health, explore their world and learn the basics of coding and other valuable skills through DEFY gameplay. Check out our website to learn more.
See the DEFY project on Polkastarter here: https://polkastarter.com/projects/defy
TOKEN UTILITY
DEFY is the governance and utility token for game
$DEFY is the governance and utility token in the DEFY ecosystem. $DEFY is an ERC-20 cryptographic token. It can be earned by swapping FCOIN collected in game, or purchased on a DEX/CEX. The $DEFY token is used for the purchase of in game NFT assets, to forge and create NFT items on the DEFY Creators Platform and as a governance token via the DEFY DAO.
OUR INVESTORS
DEFY Labs is proud to announce the completion of a US$3.5m seed round backed by Animoca Brands, OliveX, The Spartan Group, GameFi Ventures, BIXIN, Polygon Studios, Unanimous Capital, PathDAO, and Play It Forward DAO.
Animoca Brands is the world’s leading NFT and GameFi investor globally bringing interoperability and digital asset ownership to gamers and internet users alike. Spartan is a tier one VC fund, with investments across GameFi, DeFi and infrastructure. OliveX is looking to tokenise the move to earn economy and create an interactive fitness metaverse.
About Polkastarter
Polkastarter is the leading decentralized fundraising platform. It was forged in the fires of the June 2020 IDO boom, from which it rightfully emerged as the go-to platform for gem hunters looking for the hottest top-tier IDO projects. They have launched many successful GameFi projects such as Thetan Arena (over 23 million players to date) and Blockchain Monster Hunt (multi-chain metaverse game deployed on 7 chains to date).
Polkastarter has incredible depth of experience as one of the industry’s most reputable token launchpads, with one of the largest and most diverse communities. To date they have launched over 100 projects with over 33,000 unique participants and have raised almost $46 million in capital.
We will be revealing more details about our IDO in the near future. Make sure you’re following us on Twitter to stay up to date with information about the sale date and instructions on how to whitelist prior to IDO.
About DEFY Labs
DEFY Labs is passionate about building the next generation tools and platforms that allow users to view and interact with NFTs and other digital collectibles in the real world. DEFY Labs’ vision of the metaverse is one that involves merging the virtual and physical worlds in a compelling and inspiring way.
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