Lately, there has been a surge in public awareness of NFTs. Whereas, game makers have leveraged blockchain technology to deliver a genuine gaming experience to gamers. Interestingly, the majority of NFT games share similar game mechanics, making them more related to virtual gaming groups. For example, in the video game Axie Infinity, monsters are grown to fight or to be sold on the marketplace.
The same game concept is used in one of the year’s most popular GameFi titled; My DeFi Pet. By the end of this post, you will have a firm grasp of My DeFi pet and how you may profit from it.
What is My DeFi Pet?
My DeFi Pet was established by the first decentralized interoperable blockchain platform in Vietnam and Southeast Asia called Kardiachain. My DeFi Pet is also played under Binance Smart Chain and was publicized on 14th May 2021. It was developed in coordination with Topebox previously known as pine entertainment, a game developer in Vietnam whose previous releases like sky dancer and thief rivals had millions of global downloads. My DeFi Pet is a virtual game that which players obtain in-game tokens and exchange them at decentralized finance, Please permit me to digress a little, decentralized finance is a financial sector that allows financial transactions such as sending money, exchanging, and taking loans, etc.
My DeFi Pet centers around a chain of gaming such as collecting, breeding, evolving, battling with, and trading pets. My DeFi Pet has an alluring fantasy world that could propel you as a player to explore, The game was intended to function as fun-playing and adoption of mass blockchain. My DeFi Pet refers to these three unique characteristics;
My: ‘personalized’ to customized pets.
DeFi: Integration of Decentralized finance
Pet: Raising of Pet
How does My DeFi Pet work?
The Dpet token is the main in-game currency of My DeFi Pet which is a non-refundable functional utility token used for exchange between players of My Defi Pet. The tokens are used for summoning new eggs, breeding, and evolving monsters. All Dpet tokens will be available and tradeable by a Binance Smart Chain and Kardiachain. Furthermore, due to the non-invasive and connectivity kardiachain, it can offer the game to other blockchain communities such as Ethereum and Polkadot.
How to get started on My DeFi Pet
You can find the game on the website Here Please note that the game does not need to be installed as it’s just a browser game, here is how to begin playing My DeFi Pet;
- You have to download the digital wallet called Metamask, Just like you would do on Axie Infinity.
- Move on to create a Binance account, if you do not have one for the purchase of BNB coins. Once BNB coins have been bought, they can then be sent to your Metamask.
- After the BNB coins have been sent to your Metamask, Kindly swap the BNB coins to Dpet tokens using pancake swap. Note that your Metamask must be connected to pancake swap for transfer to be completed,
- Move over to the My DeFi Pet website and click on the BSC chain.
- Connect your Metamask and refresh. You are good to go.
How to play My DeFi Pet
To begin playing My Defi Pet, you need monsters to kick start and these eggs can be bought with Dpet tokens. Once you have obtained your monsters, you can start to increase in stats and level by feeding them. To get food for your DeFi monster you must grow fruits and vegetables on the farm field which then can be harvested to make your monster grow in size and stamina, Once you have obtained more monsters either from egg purchases or breeding, you can repeat the process until you have a large number of strong monsters.
How can a player earn in My DeFi Pet?
In My DeFi Pet Players can in three ways;
- The first is by selling Dpet tokens for in-game battles or fights with other monsters or pet masters. Which can then be converted via pancakeswap. Please note that the battle feature is still not available. But there is a possibility of it going live soon.
- Secondly os auctioning monsters you have been feeding to bidders who may need them in the future,
- Thirdly, In a similar fashion to staking, users can send their pets out of their farm to search for food and get DEPT Tokens in exchange.
How many Pets can a DeFi player have?
A player must own at least 2 Pets and 5 Dpet tokens can create a pet.
Is My DeFi Pet a worthy investment or just a hype?
As with any other cryptocurrency, you should conduct due diligence on the site and coin before investing. My DeFi Pet is still a game, and as such, you should only use cash that you are prepared to lose, as you will be spending real money. The crypto and gaming sectors’ growth also reflects a significant shift in the use of nonfungible tokens, or NFTs, in several blockchain-based games.
2 major risks of playing My DeFi Pet
- Online Vulnerability: The DeFi Team continues to be vulnerable to cyberattacks from hackers and other harmful organizations. Malware assaults, denial of service attacks, consensus-based attacks, smurfing, and spoofing are all examples of online attacks.
- Scarcity of Engineers: Engineers are primarily responsible for the application. If no team or professional consultants remain, the network’s future is certain to suffer. Computer engineers with expertise in systems and game creation are critical to the success of this business.
About My DeFi Pet Team
My DeFi Pet was a solution that support Tri Pham, the CEO of KardiaChain, and Liem Thai, COO of a prominent Vietnamese game studio, so-called Topebox. Liem Thai, to add, is a master of the gaming and tech industries with more than 15 years of competence and a 30-year history as a professional player.
My DeFi Pet has built agreements with top-tier consulting businesses and other local organizations, such as Animoca Brand, the world’s leading blockchain and NFT company.
Axia 8 is accountable for blockchain technology, Spark Digital is answerable for DeFi integration, and Bixin Ventures is a full participant of My DeFi Pet Pet’s product development.
In conclusion, My DeFi Pet appears to be a game-changer for all pet-raising gamers. With pets as NFT assets, gamers may go from having fun to generating money by breeding and raising them as NFT assets for sale on the market. Do you also think DeFI Pet is a game-changer? Let us know in the comments section.