My DeFi Pet is an excellent example of how cutting-edge technology and classic gaming concepts can come together, especially for those who love animals and are looking for the Play-to-Earn method to earn a lot of money.
What is DeFi?
As the digital asset space evolves and develops, it has begun to take different aspects from the traditional financial industry to comply with laws and regulations and start mass adoption. The movement towards creating tools and functions found in the financial space in the digital asset space is known as DeFi or decentralized finance.
Effect of DeFi on the economy
It became a sensation in the Crypto universe in 2021, just after its launch. DeFi is growing steadily, with an estimated market value of approximately $9.3 billion in December 2019 and an estimated market value of $12.7 in January 2022.
One of the drawbacks of DeFi is that it is not attractive to the general public. While moving to a more stable and supported digital asset industry is an important and coveted reason, it is not appealing to many other than those deeply involved in this area.
About My DeFi Pet Game
This game revolves around collecting, breeding, and raising NFT pets. And finally, the game permits the players to gather the NFT assets and ultimately sell them at DeFi to make a profit.
Apart from the engaging concept of intertwined finance, this game also has distinctive and diverse features. As soon as you enter the world of My DeFi Pet, fascinating landscapes and creatures embark on an immersive journey to unravel the game’s mysteries.
Elements of the game
As a team developer intended to build games for fun play and mass adoption blockchain purposes, the MyDeFiPet term is related to three elements.
- Me: Player’s own personalization to customize pets
- DeFi: Integration of the concept of decentralized finance
- Pets: Pet breeding gameplay
My DeFi Pets has five different gaming systems, each with its own set of activities to enjoy with your pet.
The player must have at least 2 pets and 5 DPET tokens to create a new pet. The hatchery is at the northwest of the game map and has the location of Happy Forest.
My DeFi Pet pets have different evolution levels depending on their rarity. Players can give pets DEPT tokens to improve their stats, skills, energy, or appearance.
Players can participate in the season reward system by collecting legendary pets of the quantity and specifications specified in the contract. The price for the first season started very high at 100,000 USDT, and the price was sent to the user’s smart contract.
Combat includes battles between player NFT pets, and the winner will be awarded a trophy. The number of the trophies will indicate players’ rank on the leaderboard and the difficulty in each battle round. The server will award top-rank players special prizes at the end of the season.
All items and pets in the game are NFTs assets and can be traded in the marketplace for profit or to obtain a new one. It is vital to remember that pets with unique attributes inherited from their mothers and fathers will be more highly-priced.
Collection – Players can get NFT pets in two ways
- Summons: Players can purchase eggs with DPET tokens and summon new random pets from the in-game marketplace.
- Bid: New unique pets are born every hour, allowing players to participate in bids to sell or buy new NFT pets (using DPET tokens). The pet will ultimately be awarded to the winner of the bid.
What is DPET Token?
DPET token is a medium in the platform’s ecosystem, including my DeFi Pet benefit tokens and all commercial transactions and tokens.
In 2021, my Defi Pet was likely to become extremely popular. This token offer is limited to 10 million units, of which 6,800,000 are held on the market.
On February 4, 2022, the reset token was evaluated at 0.48 USD. My Defi Pet seems pleased more than ever with all Petronic player platforms. It can be taxed as an NFT asset for selling founders and markets like pets so that the player can take off to earn money.
Tokens are an essential part of my Defi PET. Even if you do not use resources to participate in activities or provide a service that helps an ecosystem project, there is no user.