LOGO_CRYPTO_SIGHT

DeFi Land Secured $4.1M to Release Solana-based DeFi Game

| 10-Th9-2021
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Blockchain gamification platform DeFi Land has successfully obtained $4.1 million via fundraising, to support the release of a new Solana-based decentralized finance game. 

Specifically, the investment round – which saw the participation of high-profile entities across the blockchain sphereAnimoca Brands, Alameda Research, Jump Capital, NGC Ventures, Solana Foundation and Gate.io – reportedly showed additional signs of the rapidly developing ecosystem surrounding SOL. 

DeFi Land reportedly functions as an agriculture simulation game, built with a goal to achieve gamification for every aspect of DeFi. 


The ultimate target is reportedly to come up with educational solutions, dedicated to users setting foot to deepdive into DeFi or other alternative finance solutions.

The platform reportedly rolled out a play-to-earn model which supports profit generating, via finalizing tasks or reaching milestones.

Brian Lee, a senior executive at Alameda Research, reportedly remarked that DeFi Land managed to combine two of the top topics attracting a significant amount throughout the crypto sphere at the moment – gaming and DeFi, and will lead to an incline in the chances of casual gamers and crypto users setting foot in the decentralized finance market for the first time.

Despite the currently targeted customer demographic of DeFi Land focusing on retail investors with exposure to cryptocurrency and gamers who have not established presence in the market, demand for DeFi protocols is quickly scaling to include major institutions and accredited investors.

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