Good Games Labs Investment: Elfin Kingdom

Good Games Labs is an innovative program developed by Good Games Guild that aims of being an investment arm between the blockchain project and the cryptocurrency community. They are well pleased to announce that they have invested in Elfin Kingdom — the first DeFi and GameFi MMORPG. The investment is expected to introduce decentralized finance mechanisms into the game, allowing players to farm yield and earn interest on their cryptocurrency holdings while playing the game, with added rewards and a gamified experience.

Elfin Kingdom is a GameFi project merging decentralized finance yield farming and non-fungible tokens with gamified elements in a play-to-earn platform that lets users collect, battle, and farm to earn more with their crypto. In the Elfin Kingdom, players choose their own roles and decide how to take advantage of all the opportunities being provided. Through a built-in banking system, every role can maximize its earnings with a smart strategy.

To start playing on the Elfin Kingdom, players just need to download one cryptocurrency wallet that is compatible with smart contracts on the Binance Smart Chain. After downloading such a wallet, players will need to fund it with some BNB, which is the native currency of the Binance Smart Chain. BNB will be used to pay transaction fees if they wish to interact with smart contracts.

Players could choose their roles and start the adventure within the Elfin Kingdom immediately, and earn tokens and in-game rewards all the way. They could be owning or renting farm, land, or train Elfins to battle for leveling up, or simply capture and collect Elfins for fun, some may go on the challenge to participate and win the World Championship of Elfin Kingdom and become the Master Elfin Trainer.

Explore the magical Elfin Kingdom:

  • Farms, where the residents can work and earn $ELFIN + Food Items.
  • Elfin Market, where the residents can purchase Elfins, ElfinCatchers, Food items, Potions, and sell Elfins and food items.
  • Factory, where the residents can seal Elfins into gems and summon higher level Elfins.
  • Hall Of Fame, where players can challenge the environment (PVE) and win badges of the towns.
  • Dojo, where players can challenge other players (PVP)
  • Hospital, where wounded Elfins recover for a period of 24H.
  • Bank, where residents save, earn interest to grow their hard-earned wealth.

Elfin Kingdom will keep on evolving over time, with more and more features being added down the line. One major feature that will be added later on is the bank, accessible within Elfin Towns. The bank will allow residents to earn interest on their assets by lending them and taking out mortgages on their NFTs. Every action taken within the bank is rewarded with $ELFIN tokens as mining income, including loans that must be repaid.

A world championship, expected to occur every quarter, is also going to be launched within the Elfin Kingdom. In it, the best Elfin catchers will compete for a prize and for bragging rights. Topping it all off, new towns will be released every few months to keep progression ongoing.

Good Games Guild is a gaming hub that aims to create the largest virtual world economy by sponsoring millions of play-to-earn gamers, investing in play-to-earn games along with their in-game assets and building tools that will enhance the future of gaming and the metaverse.

📰 INFO

https://medium.com/@goodgamesguild/good-games-labs-investment-elfin-kingdom-8886d8f0d0bf

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