10.4 C
London
Sunday, April 14, 2024

Clamisland Defi Coin Review: It Is Safe Or Not? Read Our Full Review

- Advertisement -
binance 728x90 banner

About Clamisland Defi

Clamisland Defi gamifies yield farming through a unique 3D immersive UI with in-game characters and the power of interactive NFTs. The 3D NFTs are definitely not gimmicks – they have a set of sophisticated random traits and rarity tiers , and have direct financial utility. Clam Island aims to be a long term yield farming platform that changes the landscape with what we call an industry first Play to Invest” concept.

Clamisland Defi Coin Facts

Tectonic Facts
Defi Coin NameClamisland Defi
Max Supply920,678
Explore Click Here To View Explore
SourceClick Here To View Source
Chat Option Click Here To Visit Chat
Document Click Here To View Document
Official WebsiteClick Here To View Website

Ecosystem

Play-to-Invest

Discover a brand new breed of Play-to-Earn. Why grind, when you can invest? Unlike traditional Play-to-Earn games, Clam Island’s industry-first Play-to-Invest model only requires you to spend a small amount of time to manage your investments in the platform, making it much more friendly to the casual gamer.

DeFi + NFT + Gamification

Unlock the true potential of DeFi + NFT through gamification. Buy and farm Clam and Pearl NFTs with billions of randomized possible on-chain trait combinations and rarity tiers. Gamify your investment by earning $GEM ROI* on your NFTs that averages 2x over the lifespan of a Clam, but can be as high as 450x, depending on their traits!

Sustainable Design

A separate in-game currency ($GEM) and a governance token ($SHELL). Novel reward-vesting and NFT yield-producing mechanics. A game designed to reward regular and long term players. These are only a few examples of our carefully designed ecosystem with sustainability in mind.

How it all started

The three founders of Clam Island are all veterans in the DeFi and NFT space. We have been farming since the early days and have seen that there have been a lot of forks, which started to die out sooner and sooner. Lacking of innovation, no product backing the native reward token, low effort approaches were one of the reasons why we started this. We wanted to create something new, interesting, fun and first and foremost: sustainable.

This is how the Clam Island idea started. Over time we honed this idea. Especially in our participation during the Filecoin Launchpad Accelerator Program we refined our idea, which became a Vision for the long run.

Vision

Clam Island is a unique concept and introduces with it a unique tokenomics model for gamifying yield farming with integrated NFT collectibles that have billions of random trait combinations, built-in rarity tiers and financial utility. But it is much more than just one game. It is a proof of concept.

The two-token model that we have designed allows both utility and flexibility. $GEM is at once the yield farming reward token and the in-game currency, while $SHELL is the governance token that is also tightly linked to the NFT assets of the game itself. Once they prove that this model is sustainable, and they are confident that they will, plan is to open up ecosystem to allow other NFT collections and games to build on top of platform.

Token & 2 NFT Ecosystem

$SHELL is the governance token of Clam Island and is scarce by design. The only way in which it’s supply increases is by burning Clam NFTs to harvest them for $SHELL. The supply of Clam NFTs is limited – only a certain amount of Clams can be bought per week.

$GEM is the reward token in the Clam Island Bank (yieldfarm) and the in-game currency to mint Clam NFTs and produce Pearl NFTs. Whenever an NFT is minted, 80% of $GEM spent is burnt, 20% goes to treasury for the development of the product & ecosystem.

Clam NFTs have various rarity tiers and billions of possible trait combinations, making each Clam unique. Clams are fully interactive 3D NFTs, that have financial utility. They can boost your yield, when you deposit them, produce Pearl NFTs (which also boost your yield) and are harvestable for $SHELL.

Pearl NFTs have various rarity tiers and billions of possible trait combinations, making each Pearl unique. Pearl NFTs can be used to boost your yield in the Clam Island Bank.

Current Roadmap

Clamisland Defi Coin Review: It Is Safe Or Not? Read Our Full Review

Clam Island is a true visionary in this space, with some very achievable let lofty goals. They will continue to provide updates on our roadmap While it is inevitable that some items will be completed sooner than expected and some items will take longer than expected, you have our commitment to always actively communicate and engage with our community that we are forever grateful for.

- Advertisement -

Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

LATEST PR
- Advertisement -binance
Related Articles