DeFi Land is a multi-chain agriculture-simulation web game that aims to gamify decentralized finance (DeFi) activities. It consolidates various DeFi activities into an interactive gaming platform, making them more accessible and incentivizing participation.
DeFi Land operates on the Solana blockchain, leveraging its high scalability and fast transaction speeds. It utilises smart contracts to automate game mechanics and DeFi activities such as trading, staking, and governance. The game integrates with various DeFi protocols, enabling activities like yield farming, decentralized lending, and borrowing, as well as offering an NFT marketplace for trading in-game assets.
DeFi Land's potential use cases include gamified DeFi onboarding, staking, and yield farming, decentralized lending and borrowing, NFT trading, and integration with prediction markets. It aims to simplify traditional DeFi processes and increase user engagement through gamification, with applications in the gaming, finance, and blockchain sectors.
DeFi Land was founded by DFL Erwin, who leads a development team with a background in technology startups and experiences with companies like AWS and NVIDIA. Inspired by yield farming memes, the project began in 2020 and participated in the Solana hackathon in May 2021. It raised $4.2 million through a token sale in October 2021 and launched its fully integrated PVP game in Q4 2022. DeFi Land has established partnerships with prominent investors, including Alameda and Solana Foundation, and uses a community-driven governance system.