Article Summary, Automatically Generated By AI
Summary of Defina Finance (FINA)
Overview
- Defina Finance is a play-to-earn game on Binance Smart Chain (BSC) combining DeFi and NFT elements.
- Players own and monetize assets earned in the game, with a community-driven storyline.
Gameplay
- Set in a future timeline, players choose from four factions and fight against the Vrykos species.
- Game modes: Adventure, Arena, Mining, and upcoming Squid Game Mode.
- Daily missions: win PVP matches, complete adventure modes, and conquer PVP mines.
Founders and Funding</h3
About Defina Finance: Empowering the Future of Decentralized Finance
Introducing Defina Finance (FINA): A Revolutionary Financial Ecosystem
Defina Finance is a pioneering play-to-earn game built on the Binance Smart Chain (BSC), seamlessly integrating DeFi and NFT elements. By doing so, it empowers players to take ownership and monetize the assets they acquire through their gaming experiences within the Defina ecosystem. The ultimate goal of Defina is to democratize blockchain technology, making it accessible to millions of players, while fostering a community that not only earns rewards through gameplay but also has a say in shaping the future direction of the Defina game.
In the futuristic realm of Defina, four rival organizations vie for supremacy as they unravel the enigmas surrounding the Vrykos, a zombie-like species that serves as the game’s antagonist. Players assume the role of a hero affiliated with one of the four factions, engaging in intense battles against the Vrykos. The gameplay experience is diversified through various activities, including reconnaissance missions, resource scavenging, merchant escort services, relic hunting, and assaults on the undead’s strongholds. Notably, Defina’s narrative and lore are crafted through community-driven storytelling contests, fostering a unique, collaborative environment.
The Beta version of the game was launched in September 2021, boasting an impressive trio of game modes: Adventure, Arena, and Mining. As outlined in its roadmap, the team has ambitious plans to introduce a diverse array of play-to-earn games, including virtual land sales, a Defina merchandise store, NFTs, and official Esports tournaments, further enriching the gaming experience.
The Visionary Founders Behind Defina Finance
Defina Finance was founded by Charles Cheng, a visionary San Francisco-based blockchain startup investor, ardent GameFi enthusiast, and seasoned BTC miner. With a storied career in the gaming industry, Cheng boasts an impressive résumé, having held esteemed positions such as Senior Finance Advisor at Sledgehammer Games and Investment Specialist at Red Ventures. Prior to his decade-long tenure in the gaming industry, he spent five formative years at Dell.
Defina Finance has successfully secured $675,000 in funding across three rounds, boasting esteemed investors such as Huobi Capital, the venture capital arm of the prominent Huobi exchange, and OKEx Blockdream Ventures. Notably, Defina has also formed a strategic partnership with Roseon Finance, a cutting-edge crypto finance application.
Defina Finance: A Paradigm Shift in DeFi
Defina Finance distinguishes itself by offering players a diverse range of engaging gameplay modes, a multitude of factions to align with, and a daily array of missions to accomplish.
Presently, Defina Finance offers three distinct modes. The Adventure Mode, in particular, features player-versus-environment-based gameplay, where players must assemble a formidable team to battle computer-controlled mobs, thereby unlocking successive chapters. Upon successfully completing these chapters, players are rewarded with experience points and FINA, the game’s utility token.
In the Mining Mode, players embark on a quest to conquer and occupy a lucrative mining pool, thereby unlocking the opportunity to mine FINA. The prowess of a player’s hero serves as a key determinant, granting access to more bountiful pools. Furthermore, players can exponentially increase their FINA earnings by simultaneously mining multiple mines.
In the Arena Mode, players can participate in intense player-versus-player battles, vying for FINA against other skilled opponents. Each player is equipped with an attack and defense team, carefully matched with an opponent via an ELO-type matchmaking system. The top 150 players on the leaderboard are rewarded with FINA every 45 days, recognizing their exceptional prowess.
Defina is also poised to introduce a Squid Game Mode, a thrilling Last Man Standing-style gameplay experience, where players will engage in daily battles to vie for a coveted prize pool.
To embark on the game, players create a unique hero affiliated with one of four factions: Prometheus Fire, Ouroboros, Thoth’s Book, or Athena’s Aegis. Each hero is represented by a distinct BEP721 token, boasting distinct probability distributions for varying grades and levels. Furthermore, players can possess multiple heroes from the same faction, thereby unlocking bonus rewards. Daily, they can accrue FINA by completing a curated list of daily missions:
- Triumph in two to four arena-based PvP contests;
- Successfully navigate five to ten adventure modes;
- Vanquish three PvP mines, asserting dominance over the competition.
What Is the Circulating Supply of Defina Finance (FINA) Coins?
FINA serves as the game’s governance and utility token, empowering users to engage in a multitude of activities, including:
- Unlock exclusive rewards and incentives within the game
- Acquire mystery boxes to mint unique heroes
- Procure in-game assets to elevate gameplay
- Enhance heroes through the transformative power of “Rebirth” and “Resonance”
- Participate in lucrative staking and yield farming opportunities within the battle pools
The total supply of FINA is capped at 100 million, with a distribution breakdown as follows:
- Seed Allocation (10%): 8.33% released on Token Generation Event (TGE), with a linear vesting period of 11 months.
- Private Sale (12.5%): 10% released on TGE, followed by a linear vesting schedule over nine months.
- Initial DEX Offering (IDO) (1.25%): 50% released on TGE, with the remaining 50% released after a one-month lock-up period.
- Marketing Allocation (4.75%)
- Team Allocation (10%): subject to a 12-month lock-up, followed by a linear vesting period of 12 months.
- Liquidity Provision (5%)
- Community Rewards Allocation (6.5%): dedicated to incentivizing community contributors.
- In-Game Rewards Allocation (50%): released gradually.
The Defina Finance Network’s Robust Security Framework: A Comprehensive Overview
FINA is a BEP-20 token situated on the Binance Smart Chain, ensuring a secure and reliable framework. The FINA smart contracts have undergone a rigorous audit by TrustLook, yielding a clean bill of health with no critical security vulnerabilities detected. Furthermore, a substantial 474,341 $Defina-BUSD LP has been locked in for a 12-month period, commencing from October 2021, to provide a robust liquidity mechanism.
The Binance Smart Chain (BSC) is fortified by a proof-of-stake consensus mechanism, which ensures the integrity of the network. Every 24 hours, a cohort of 21 validators is elected to validate transactions and safeguard the blockchain’s security. To be eligible for this esteemed role, these validators must stake a predetermined amount of BNB coins with Binance.
Where to Acquire Defina Finance (FINA): A Comprehensive Guide
FINA is proudly listed on a diverse range of esteemed exchanges, including ZT, PancakeSwap (V2), Bitrue, BKEX, and AOFEX, further expanding its global reach and accessibility.
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