Dear DeFi City community member,
Since the very first day we announced the development of DeFi City, every member of our team had dedicated their best skills and knowledge to make the platform stand out. We have been laser-focused on building a DeFi asset management platform that adheres to the community’s needs. Our dedication to our community is a significant reason why we love to keep you in the loop with every bit of progress we make or any frictions that we encounter.
In line with this, we have shared many exciting announcements over the past few months, ranging from…
A lot has happened at DeFi City since we last touched base with you on August 15 to introduce our NFT crafting mechanism. We have worked day-in and day-out with the best designers and developers to craft the most exciting, intuitive, and immersive cross-protocol DeFi asset management and yield farming service — because where’s the fun in the traditional platforms?
We worked under the hood for almost a month, so we had something substantial to present to you. …
DeFi City brought NFTs to DeFi asset management and gamified the DeFi experience for users. The basic concept of DeFi City, as you may know, is to enable you to manage your DeFi investments from within a city NFT that you own in the DeFi City ecosystem.
For this, you must first buy the DFC token and use it to buy a scroll, which, upon opening, offers you a new city in the form of an NFT. These cities all come with four different properties — Grid, Townhouse, Resources, and Environment.
Depending on which type of these properties your city…
We’re excited to announce that DeFi City — a browser-based virtual world that gamifies and simplifies DeFi yield farming — has integrated Chainlink Verifiable Random Function (VRF) on the Binance Smart Chain (BSC) mainnet. By integrating Chainlink’s industry-leading decentralized oracle network, we now have access to a tamper-proof and auditable source of randomness needed to generate the DeFi City NFTs when a scroll is opened. Ultimately this creates a more exciting, transparent, and fraud-proof user experience, as users can get random, fun NFTs each time.
As a reward-generating gamified ecosystem powered by NFTs, where users can own virtual cities in…
DeFi City is a virtual world that gamifies yield farming by allowing everyone to visualize, manage their farms, and track key performance indicators using a visually appealing in-game dashboard.
DeFi City IDO launch on 16 July 2021 was conducted on Poolz and Duckstarter to give our community an equal opportunity to participate.
Before the IDO, both the platforms had whitelisting criteria, and the whitelisted candidates were shortly announced before the IDO launch.
At 2 pm UTC on 16 July 2021, our IDO began, and to our surprise, it was fully subscribed in under 25 minutes despite the bear market conditions…
DeFi City is a central hub for all your staking assets in a browser-based virtual world in which you can interact with all partnered farms and staking providers.
We are happy to inform you that we had our successful IDO launch on 16 July 2021, followed by the listing of DeFi City $DFC Token at Pancakeswap.
Here is a brief note on opening a DeFi City scroll to get your DeFi City NFT.
- To open a scroll, you need 50 DeFi City $DFC Tokens, and 0.2 Wrapped ERC677 LINK to call the random VRF function. …
DeFi City is a gamified metaverse powered by NFTs (non-fungible tokens) that brings you the best of DeFi on a platter. As we already shared, it is a reward-generating ecosystem where you can own a virtual city in the metaverse and reap the rewards as you add your own DeFi elements to it. Now, the virtual city is actually an NFT, and therefore every single city has unique properties that yield different rewards for staking. Our main aim with DeFi City is to make existing DeFi features like yield farming and staking fun, straightforward, and accessible to everyone.
In this…
We have seen a few instances where DeFi projects offered the complete allocation to individual investors all at once. This led to a selling spree, where investors start selling the tokens as soon as they receive their allocation. Due to this, the price of the token plummets significantly, causing damage to both the project and the investors who invested for the long term.
To avoid such a situation, many projects implement monthly token vesting, where the tokens allocated to each investor are unlocked on a monthly basis.
For example, if a project investor has a strategic allocation of 1000 tokens…
DeFi City is the city of dreams built on the foundation laid by blockchain and cryptocurrency. It is a metaverse that sets you free from the shackles of prosaic complexities that today define the decentralized finance space. To surmount the undistinguished and insipid features of the existing DeFi space, DeFi City offers an ecosystem powered by NFTs that gamify and simplify your experience within the DeFi realm.
As a citizen of DeFi City, you will plunge into the compelling world of yield farming and other DeFi features through the most straightforward yet creative interface that fosters the potential of non-fungible tokens (NFTs) and treats NFTs as its primary element of change toward a more interactive DeFi ecosystem.
This article is your perfect place to get started with DeFi City and its NFTs.
The simple concept of DeFi City is that you can own a city in the DeFi City metaverse and add your DeFi elements to it that will allow you to manage your DeFi harvest from…
The decentralized finance (DeFi) world has seen enormous growth over the past year. Many new DeFi products introduced have provided DeFi’s 1.75 million users fresh streams of passive income. Users no longer rely on simply buying and holding cryptocurrencies as a means to grow their wealth. New products including NFTs, staking, and yield farming, among others, have taken the cryptosphere by storm.
With a 50% boost in DeFi users in the Q1 of 2021, there is no denying that people indeed are curious about the possibilities of this space. The only challenge is their simplification.
Although there are enormous opportunities…
