DeFi Kingdoms (Jewel) Price, Charts, Market Capitalization
DeFi Kingdoms (Jewel) Graphics
What is DeFi Kingdoms (Jewel)
The landscape of cryptocurrencies is always evolving, introducing novel tokens and platforms. One such intriguing platform is DeFi Kingdoms, and its native token, JEWEL. This article delves into an in-depth exploration of JEWEL, shedding light on its market value, supply, utilized technology, history, objective, creators, pros and cons.
What is DeFi Kingdoms (JEWEL)?
DeFi Kingdoms is an innovative, multi-faceted platform that merges the worlds of Decentralized Finance (DeFi) and gaming on the Harmony blockchain. Its native token, JEWEL, serves multiple functions within this ecosystem – as a governance token, a rewards token, and the principal medium of exchange within the DeFi Kingdoms game.
Founders and History
Although the exact identities of DeFi Kingdom’s founders are pseudonymous, they are known in the community by their avatars – Nav and Maiky. DeFi Kingdoms was launched in 2021, marking an interesting development in the DeFi and blockchain gaming space. The platform rapidly gained popularity due to its innovative combination of DeFi and gaming, along with its visually appealing interface and game art.
Purpose and Vision
DeFi Kingdoms was created with a vision to merge two thriving industries – DeFi and gaming. By introducing JEWEL, DeFi Kingdoms intended to create an immersive ecosystem that capitalizes on the financial benefits of DeFi while incorporating engaging gaming elements.
The ultimate goal of DeFi Kingdoms is to provide a comprehensive platform where users can participate in traditional DeFi activities like yield farming and liquidity providing, while also engaging in an in-game virtual economy. The game allows players to earn JEWEL tokens, own virtual land, and trade in-game items, thereby giving the token a utility beyond just financial transactions.
Technology and Supply
JEWEL is a token built on the Harmony blockchain. Harmony is renowned for its high-speed and low-fee transactions, which provides a smooth user experience on the DeFi Kingdoms platform.
The total supply and current market value of JEWEL vary due to the dynamic nature of DeFi and crypto markets. It is recommended for potential investors and users to consult real-time data from reliable crypto market information sources for the most accurate and up-to-date statistics.
Strengths and Limitations
JEWEL’s primary strength lies in its innovative integration within the DeFi Kingdoms platform. As both a financial and gaming token, JEWEL is well-positioned to capture the growth of two burgeoning sectors. It is one of the first tokens to capitalize on the “play-to-earn” trend, giving players tangible rewards for their in-game activities.
However, JEWEL also has potential limitations. The value of JEWEL is closely tied to the success of DeFi Kingdoms, which operates in a very competitive space with other blockchain-based games. Also, as with all cryptocurrencies, JEWEL is exposed to the typical volatility and unpredictability of the crypto markets.
Conclusion
DeFi Kingdoms and its JEWEL token represent a unique convergence of DeFi and blockchain gaming. As a multi-functional token within a growing platform, JEWEL shows a promising future, attracting interest from DeFi enthusiasts and gamers alike. As always, potential investors should conduct thorough research and consider market risks before making investment decisions. The development of DeFi Kingdoms and the JEWEL token will undoubtedly be a fascinating journey to follow in the expanding world of blockchain technology.
How To Buy Kingdoms (Jewel)
Are you ready to jump into the world of cryptocurrency and want to know where to buy DeFi Kingdoms (Jewel) ?The largest exchanges currently traded with DeFi Kingdoms (Jewel) are MEXC, Hotbit and . You can find other exchanges that make listings .
About DeFi Kingdoms (Jewel)
Contract | |
Website | https://defikingdoms.com/ |
Explorers | Harmony |
Community | |
API idd | defi-kingdoms |
1 DeFi Kingdoms to USDC (1 Jewel to USD//Coin) Exchange Calculator
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