DeFi Land Announces Gen-0 NFT Launch and Land NFT Seed Sale -Breaking
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DeFi Land Announces Gen0 NFT Launch, and Land NFT Seed Sales- DeFi Land Announces NFT Seed Sale to Support its Gamified Gen-0 NFT Launch
- 7500 NFTs will be distributed via the blockchain.
- The Gen-0 NFT launch will unlock DeFi Land’s eventual P2E functionality.
DeFi Land announces its Land NFT seed sale and its gamified Gen 0 NFT launch. 7.500 NFTs will be launched on Solana’s blockchain and distributed over two platforms. On February 8, 2,500 DeFi Land seed NFTs (NFTs) will be distributed via the Magic Eden Platform. On February 8, 2,500 DeFi Land Seed Nuts (NFTs) will be available through the Magic Eden Platform. 5,000 DeFi Land NFTs, however, will be made available via the DeFi Land website on the next day.
On both platforms, users can buy DeFi Land Seed NFTs at 2 SOL. Users will eventually be able to trade in a secondary marketplace at Magic Eden.
Users will be required to water their NFT seeds 30 days after they have been purchased using DeFi Land (DFL tokens). The NFT Seeds will become 1 to 4 Generation-0 NFTs, which can be used in-game for exclusive benefits and activities. DeFi Land will consume all DFL, which could result in as much as 6% reduction in the circulating supply.
The Gen-0 NFT Launch allows players to earn Core NFTs necessary to unlock DeFi Land’s Play-to-Earn (P2E) functionality. The launch will take place in Q1 2022. They are also collectibles, and can be used to play a variety of minigames throughout the DeFi Land ecosystem.
DeFi Land’s public beta has reached 19,500 verified users, 3,000 daily active users, and 8,000 weekly users. DeFi Land was purchased by several investors in late 2021 for $4.1 million. The investors that funded DeFi Land included FTX (Solana Foundation), Alameda Research and Animoca Brands. Jump Capital, Gate.io and others.
In December 2021, DeFi Land announced its public testing phase after reaching 1st place at Solana’s Hackathon that summer. Following a closed beta testing phase, the public testing was completed with 3,000 users who were authenticated.
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