My DeFi Pet (DPET) Live Price

What Is My DeFi Pet (DPET)?

My DeFi Pet is a popular blockchain-based pet game that offers players a wide access to buying non-fungible token collections and DeFi. The game involves players buying eggs of different types and classes of monsters and gradually evolve them into powerful beings, facing off with other players. You can think of My DeFi Pet as clever and fun mix of NFTs with Pokemon. The game was primarily targeted to pet lovers and enthusiasts, and offers a dearth of collectible pets, all of which come with their own strengths and weaknesses.

Like Pokemon, My DeFi Pet is set in a mystical land where players will discover new pets and objects to capture. They will have an exciting journey ahead, evolving their pets to battle and unlock the mysteries of the land, discovering magical items and characters. The game was launched in 2021, and has since garnered a massive following of 166,000 token owners. In the August of 2021, it was also reported that My DeFi Pet had more than 100,000 players and followers on Twitter.

Moreover, to provide more excitement and to make it more mass-adopted, the founders decided to replace the mundane, collectible format of the game. Instead, they introduced a season by season playthrough. For example, the first season of the game offered $100,000 in prize money for winners. To win the grand prize, competitors had to discover all the NFTs that were exactly in line with the descriptions in the contract.

In addition to the attractive prize money, the game also provides yield-farming in an attempt to integrate the platform with other exciting features and functionalities such as battles and storing their collectibles.

What Makes My DeFi Pet Unique?

The game features an incredibly addicting gameplay and an intricately designed environment. Players have the ability to collect pets in two different ways. They can either “summon” a monster egg, which they can do by spending their Dpet tokens. Or they can join active auctions to bid on pets. Players will only have 24 hours to place their bids on the new pets, which are born every hour. After the bidding process is completed, the pets that remain unclaimed will be moved to the game’s Altar to be purchased at the next auction.  

In addition, players will also have the opportunity to adopt and breed pets by using two same or different species. The pet will be born with the capabilities and powers inherited by its parents. This gives players the chance to create entirely new species of pets with different abilities. Moreover, the new pets will also potentially come with a certain evolution level and powers. This is where players will need to feed their pets with Dpet tokens to breed them into powerful and capable beings.

Another exciting feature of My DeFi Pet is that players can use their pets to fight with other characters and engage in boss battles. Players will be rewarded Dpet tokens after defeating each boss level. There are 100 levels to every boss and users can participate in every boss battle 15 minutes after the preceding boss has been vanquished.

It is also expected that the game will also introduce a play-to-earn platform as well as a social feature in the future. Moreover, My DeFi Pets will also be introducing a mobile app towards the end of the second quarter in 2022.  

How Is the My DeFi Pet Network Secured?

The Dpet in-game token is a standard BEP-20 token that facilitates smart contract development on the BSC (Binance Smart Chain). My DeFi Pet is designed to run on KardiaChain, which provides streamlined interoperability. According to the game’s development team, they want the Dpet token to be easily purchasable on multiple blockchain networks. Moreover, the founders have also mentioned that they looking to launch the game on Polkadot and Ethereum.

In addition, the development team also introduced a VRF system into the game that uses Chainlink to provide a high degree of randomness within the gameplay. Plus, the game is BSC-secured via the proof-of-stake consensus system. The transactions are validated by 21 elected validators, 24 hours a day, maintaining blockchain and transactional security. The validators are required to stake a specified number of BNB tokens with Binance for legitimacy.

Where Can You Buy My DeFi Pet (DPET)?

Users can invest in Dpet tokens from various blockchain platforms such as 3commas.io, Kucoin, PancakeSwap, and more.