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My DeFi Pet Price ( DPET )

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What Is My DeFi Pet (DPET)?

My DeFi Pet is a lifestyle-based pet game combining NFT collectibles and DeFi. The game has been described as a crossover of Pokémon and NFTs, ideally suited to pet lovers. The gameplay revolves around collecting, breeding and evolving NFT collectible pets, which all have individual characters. The game is set in “an enchanted land with mysterious creatures and objects for everyone to go on an adventure and discover the magic behind the mystic veil.”

My DeFi Pet launched on May 14, 2021, and has achieved impressive growth since, growing to 166,000 token holders and over 100,000 followers on Telegram and Twitter each as of August 2021.

To achieve their goal of a game that gets mass-adopted, the team broke up the usual long-winded rhythm of collectible games, replacing it with seasons.

The first season features a competition with a grand prize of 100,000 USDT. To win, players have to find the NFTs with the exact specifications as prescribed in the contract and then send these to the contract to claim the reward. The particular requirements will be decided after launch. Tentatively, the prize requires 10 legendary pets with maxed level.

Besides that, My DeFi Pet offers yield-farming in cooperation with other projects and plans to have battle and storage options. The release of these features and updates has been announced from Q3 2021.

Who Are the Founders of My DeFi Pet?

My DeFi Pet was launched in April 2021 by a Vietnamese team, which is also behind KardiaChain, the first interoperable blockchain in Vietnam and South East Asia. The CEO of My DeFi Pet Trim Pham is also the CEO of KardiaChain. COO Liem Thai is the CEO of Topebox, one of Vietnam’s leading game development studios. He boasts more than 15 years of experience in the game industry and media and 30 years as a passionate gamer.

The other three team members that are part of the core team are also members of either KardiaChain or Topebox. My DeFi Pet is also backed by a four-man strong advisor team and a diverse group of venture capital funds, such as Animoca Brands (NFT-focused), Spark Digital (DeFi-focused), Axia 8 and Bixin Ventures (product development and strategies), and others.

What Makes My DeFi Pet Unique?

My DeFi Pet features intricate gameplay to keep players hooked.

Players can obtain pets in two distinct ways. The first option is to summon them, that is obtaining a random egg by consuming a certain amount of DPET tokens. Alternatively, players can participate in auctions for a pet. A new pet is born every hour, and players can bid with DPET tokens for 24 hours. After the bidding period, any unclaimed pet will remain at the Altar for later purposes.

Players can also breed new pets by combining any two pets that will inherit their parents’ genes. That means entirely new pets can arise as a result of breeding, since the offspring inherits features from both parents.

Pets have certain evolution levels and capabilities, so players can feed them DPET tokens to evolve their pets. Furthermore, pets can participate in battles and fight bosses to earn DPET tokens as a reward. A boss has 100 levels, and each boss level will appear 15 minutes after the previous boss is defeated or the time runs out. Pet Masters have 12 hours to defeat any boss levels before they run away. For the last boss, players have 48 hours.

My DeFi Pet will also have play-to-earn features and social features in the future and plans to release a mobile app before the launch of Season 2 in Q2 2022.

Related Pages:

Check out Axie Infinity (AXS) – another pet-oriented trading game incorporating NFTs.

Check out CryptoZoon (ZOON) — a Pokémon-inspired NFT trading game.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many My DeFi Pet (DPET) Coins Are There in Circulation?

The total supply of DPET is 100 million. 21.875% were distributed in a private sale (vested at 10% per month) and 1.5625% in a public sale. 16.5% of the tokens go to the team but are locked for one year and then vested linearly for one year. 10% go to partners and are locked for six months, then vested linearly for one year. 3% go to advisors with the same vesting schedule. 1.25% serve as liquidity for the DEX, 18.8125% as reserve and 27% are reserved for marketing and vested at 5% per month.

How Is the My DeFi Pet Network Secured?

DPET itself is a BEP-20 token on the Binance Smart Chain, while the game itself is running on the interoperable KardiaChain. The team states it wants to make DPET available on other blockchains as well and mentioned plans to launch on Ethereum and Polkadot. Recently, it also integrated a VRF function from Chainlink to guarantee 100% randomness in its game.

BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.

When Will My DeFi Pet Trading Begin?

My DeFi Pet was launched on May 14, 2021, on Pancakeswap.

Where Can You Buy My DeFi Pet (DPET)?

DPET is available on PancakeSwap, Gate.io and Kucoin. If you want to learn more about how to start buying cryptocurrencies, you can read more here in our guide.

As the game has grown in popularity, DPET to PHP price has increased dramatically in the Philippines.

Our most recent articles about My DeFi Pet :

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Dpet Token Price PHP (July) Prediction, & How To Buy?

Dpet Token Price PHP (July) Prediction, & How To Buy? >> The write-up explains the recent in-game coin and the market cap, and the worth of the exchange rates.

Do you want to enjoy digital games while earning DeFi coins as collectibles and benefits? If so, then using My DeFi Pet, a virtual pet tournament that merges antiques, DeFi, and your profile to provide people with virtual gameplay.

What is DPET Crypto Coin?

Several individuals in the Philippines like play My DeFi Pet, a prominent digital pet gaming. Treasures, DeFi, and one character come together at pet play. A ticker icon for the My DeFi Pet coin is DPET, which is the event’s original in-game coin.

In the first round, the crypto gets used to exchange, upgrade pets, trade goods, even gear up demons with skill sets. Just the Approved System, combining Kardia Chain & Binance Smart Chain, is allowed by the gameplay. Traders should, though, view the recent Dpet Token Price PHP before spending.

About DPET Token Founders

Users can read much more about the group behind the digital pet gaming and the DPET coin founder by visiting the token’s online portal.

DPET Coin Price Chart

While we look at the current DPET Coin to the PHP exchange rate, let’s have a look at the token’s stock price. The post Dpet Token Price PHP will guide you in-depth .

About DPET Coin Predictions

According to statistics, the DPET coin’s latest recognized value in Philippine Pesos is 49.35 PHP. On July 8, 2021, each DPET token is worth 49.35 PHP. So, investors get advised to monitor the token’s current price while investing, as it varies.

Info about Dpet Token Price PHP Supply

How Do I Purchase DPET Tokens?

The contract address is 0xfb62ae373aca027177d1c18ee0862817f9080d08

The most recent value found is 49.35 PHP.

Final Verdict

My DeFi Pet is a digital play, and the coin value in PHP changes; therefore, traders should verify the current Dpet Token Price PHP exchange rate before spending. Users should be aware of all the most prominent apps for trading in 2021 of Digital currency for a smart buy.

Are you desire to invest in the DPET coin? Then please post your viewpoints in the comment down.

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Dpet Token To PHP (July) How To Buy? Contract Address

Dpet Token To PHP (July) How To Buy? Contract Address >> The guide shares details of the new in-game currency and the live market price and value in the different currency.

What if you can play engaging virtual games and get collectables and rewards as DeFi tokens? Yes, it is possible with My DeFi pet, the virtual pet game that blends collectables, DeFi, and your persona to deliver you a virtual gaming experience.

The game is backed by Supported Network on Binance Smart Chain and KardiaChain. Players have to collect monsters, create new-gen monsters, take them to battle, and trade the monsters on trading platforms to enhance the collection.

People in the Philippines enjoy playing the game. So, what is the Dpet Token to PHP live value?

What is DPET?

My DeFi Pet is the famous virtual pet game that many players in the Philippines enjoy playing. The pet game blends the collectibles, DeFi, and your persona. DPET is the native in-game currency in the game and the ticker symbol of the My DeFi Pet token.

The currency is used for trading, upgrading the pets, exchanges, and leveling up the monsters with special abilities in the first phase. The game works on the Supported Network only, including Kardia Chain and Binance Smart Chain.

But, before investing, investors must check the live Dpet Token to PHP value.

Who is the Founder of DPET Token?

You may check the official website of the token to learn more about the team behind the virtual pet game and the founder of the DPET token.

DPET Token Market Cap Analysis, Supply and Live Price Data

Before moving ahead to know the live Dpet Token to PHP value, let us check the market analysis of the token.

What is the Dpet Token to PHP Live Value?

As per the sources, the last known value of the DPET token in the Philippine Peso is 49.35 PHP. So, one DPET token is equal to 49.35 PHP on 8th July 2021. Therefore, investors are requested to keep checking the live value of the token before investing as it keeps fluctuating.

How to Buy DPET Tokens?

Q1. What is the Official Link of DPET?

A1. https://mydefipet.com/ is the official website of the token.

Q2. What is the Token’s Value in PHP?

A2. The last known value is 49.35 PHP.

Q3. What is the Contract Address of the DPET Token?

A3. 0xfb62ae373aca027177d1c18ee0862817f9080d08 is the DPET’s contract address.

To Sum Up

My DeFi Pet is the virtual game, and DPET is the in-game currency used for upgrading the characters in the game with special abilities.

However, the token value in PHP keeps changing, and investors must keep checking the live Dpet Token to PHP before investing. Besides, you must know all the top apps for investing in Cryptocurrency in 2021 for a wise investment.

What is your suggestion for the new gaming token? Would you like to share it in the comments section?

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График курса MyDeFiPet

График курса MyDeFiPet к доллару США позволяет пользователям мгновенно отслеживать рыночные изменения и предсказывать будущую динамику.

Конвертер DPET в USD

Динамика MyDeFiPet к доллару США

Что такое MyDeFiPet

My DeFi Pet brings traditional game experiences and DeFi features to NFT collectibles. Players can collect, breed/trade monsters, battle and participate in events to claim lucrative prizes up to 100,000 USDT per season. Monster growth is influenced by bonus points obtained from your daily activities (via 3rd party apps API integration, such as health tracking and music streaming apps). The name encompasses three main characteristics:

DPET Token and Token Economics

The DPET token is the main in-game currency of My DeFi Pet and an integral part of the game. You can earn DPET tokens by playing the game and completing missions. The tokens are used for breeding/evolving monsters, summoning new eggs, and enter special events. You can vote for new features and settings of the game to earn special rewards through the governance system. By locking DPET tokens for a certain time, you will earn voting power.

More DPET Locked = More voting power = Higher chances to win rewards.

Become part of the game by staking DPET tokens into pools. Different pools will yield different returns such as new items, new eggs, or DPET tokens.

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