spot_img
5.9 C
London
Saturday, December 3, 2022

WJEWEL Coin Review : Is It Good Or Bad Coin Read Our Article

- Advertisement -
binance 728x90 banner

About WJEWEL Coin

WJEWEL Coin DeFi Kingdoms is a cross-chain, play-to-earn game built on a strong DeFi protocol with plans to become a fully-fledged MMORPG in later phases of the Roadmap. The game features DEXs, liquidity pool opportunities, and a market of rare, utility-driven NFTs, which all together create a beautiful, immersive online world in the incredibly nostalgic form of fantasy pixel art. DeFi Kingdoms currently lives on the Harmony and DFK Chain blockchains. Come join your amazing community.

WJEWEL Coin Point Table

Coin BasicInformation
Coin NameWJEWEL Coin
Short NameWJEWEL
Circulating SupplyN/A
Max SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

The Motivation for Creating DeFi Kingdoms

As big fans of the innovation happening in DeFi and in blockchain technology in general, your team had been waiting for a DeFi project to truly embrace the full potential of the blockchain in game form. Trading, returns, and moonshots are undoubtedly fun, but why couldn’t it feel more like a game?

Why couldn’t they build an operation and level it up to increase returns? Why couldn’t they do daily quests and collect rare NFTs that actually augment and impact the rewards and returns? Once they decided it needed to be built, they jumped headfirst into production, and DeFi Kingdoms was born!

A Dedicated Team and a Shared Vision

They wanted a DEX that allows holders to not just hold a monetary token, but own a token that is usable, valuable, and gives back in many fun ways. They’ve packaged DeFi elements into a fun and synergistic game, providing JEWEL and CRYSTAL token holders with an engaging and meaningful experience. They’re here for the long term, planning features for phases soon to come–and some a little further down the road–to set this community and project up for maximum success.

Power Tokens

When DeFi Kingdoms: Serendale launched on Harmony, the JEWEL token launched alongside it. Unlike the average crypto token, JEWEL acts as the main token of value in a metaverse game, giving it utility above and beyond that of a regular coin. JEWEL can be used to purchase Hero NFTs, which can themselves be used to earn JEWEL and other rewards.

JEWEL can also be combined with existing Heroes and other items to mint new Heroes, and be swapped through the DEX for other tokens and in-game items. This is all in addition to fee distribution opportunities, liquidity pooling, and governance rights.

Utility

Since both JEWEL and CRYSTAL share much of the same utility (for example, they can both be used to mint new NFTs), the value of the tokens is linked. This provides exciting arbitrage opportunities across blockchains and ensures that cross-chain expansion does not lead to a loss of value for older tokens. Future expansions are expected to follow the same strategy. Additionally, JEWEL is used for gas fees on the DFK Chain, where the gameplay transactions for Crystalvale take place.

Why Choose WJEWEL Coin?

Additionally, this protects against any one member of the team having the power to make any changes on their own, without the rest of the team being aware of and agreeing to it. It also gives 100% transparency, as anyone can view all of the transactions that are proposed before they are executed, as well as a history of every past transaction that was executed, including the executing wallets.

Your funds are secured in multi-sig wallets at multisig.harmony.one. These wallets will be controlled by 4 members of the core team, which may change from time to time. Any transaction will require 3 out of 4 signatures to execute. This helps to protect against hacks that would target the treasuries, ensuring that there is no single point of failure.

Where Can You Buy WJEWEL?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On DeFi Kingdoms (Crystalvale) As It Has The Highest USDC/WJEWEL. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include USDC/WJEWEL  And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

WJEWEL Coin market screenshot

WJEWEL Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support WJEWEL Coin. Here Is Example Of Wallet Which WJEWEL Coin – Trust Wallet For Hardware Ledger Nano.

FAQ Of WJEWEL Coin

Where I Can Find WJEWEL Whitepaper?

You Can Find WJEWEL Whitepaper By Clicking Here.

Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – DeFi Kingdoms (Crystalvale).

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is N/A.

- Advertisement -
Latest news
- Advertisement -binance
Related news

LEAVE A REPLY

Please enter your comment!
Please enter your name here