DeFi Land Concludes $4.1 Million Investing Round Ahead of Its Gamified DeFi Game Launch on Solana

DeFi Land, a multi-chain agriculture-simulation web-game developed to gamify decentralized finance (DeFi) recently concluded its first round of investing valued at $4.1 million.

DeFi Land Concludes First Round of Funding

Gamified DeFi platform DeFi Land has announced the conclusion of its first round of investing with a valuation of $4.1 million. The investment round witnessed capital allocation from several dozen investors in recent weeks.

Notably, DeFi Land aims to make DeFi much more accessible and appealing via the concept of gamifying investment action.

As mentioned earlier, DeFi Land is a multi-chain agro-simulation web-game geared toward bridging the gap between the mainstream populace and DeFi. DeFi Land gamifies all aspects of traditional DeFi protocols in that it creates intuitive and educational solutions for people keen on exploring alternative financial solutions.

The goal is to make DeFi more accessible to a global audience, the DeFi Land team noted.

Now that the team has successfully concluded its first investment round, it has its eyes set on the future.

It is worthy of note the funding round witnessed financial support from more than 40 reputed and influential investors in the wider crypto and blockchain industry. Among others, some of the major participants are Animoca Brands, Alameda, Jump Capital, NGC Ventures, Solana Foundation, Gate.io, MXC, Solar Eco Fund, Youbi Capital, et cetera.

Commenting on the development, Brian Lee, VC, Alameda Research, said:

“Defliland is an incredible blend of the two most interesting things happening in crypto right now – gaming and defi. We believe that Defiland can be a real game-changer in getting casual gamers and the crypto retails into defi.”

About DeFi Land’s Roadmap

DeFi Land understands the significance of developing a solution that aggregates across different protocols to bridge the gap between DeFi and the mainstream audience. Further, the platform is also primed to support non-fungible tokens (NFTs) and introduce a play-to-earn model that involves achievements, tasks, battles, and other solutions to earn income.

The team announced once DeFi Land adds support for NFTs, they will provide a slew of benefits to the holders. Specifically, every NFT in the DeFi Land ecosystem would represent a unique game object that includes trees, buildings, tractors, and other similar farm-related objects.

The aforementioned gamified items offer new opportunities to borrow or lend money, provide liquidity, reward farming, and others.

What’s more, the development of native NFTs is just one of the many aspects of DeFi Land. All existing NFTs will gain a new “life” via additional utility.

For example, consider the SolanaMonkeyBusiness NFT. It will generate monkeys running around in a user’s DeFi Land game environment. Players would be able to interact with such monkey that will essentially add an additional layer of interactivity and interoperability.

Another innovative feature offered by DeFi Land is that the overall weather in the game will replicate the ongoing market conditions. For instance, players can look forward to sunny days when the markets are performing well while on the contrary, there would be bad weather days too.

Integration with Serum and Raydium

According to DeFi Land’s roadmap, the platform is also finalizing integrations with Serum (SRM) and Raydium (RAY).

Notably, a beta version of the platform and an NFT marketplace will release in Q4 2021. Further, integrations with other Solana protocols and other blockchains – including Ethereum and Binance Smart Chain – will take place in the coming months.

Finally, DeFi Land will also focus on education via a dedicated “educational mode” which would essentially be a practice mode for retail users to enable them to learn better as to what they can anticipate in this gamified environment.

DeFi Land’s overall interface will also be enhanced later this year to propel onboarding on non-crypto users to DeFi more appealing and accessible.