Name: DEFY
SKU: DEFY
Price: 0.000413303622 USD

DEFY is a play to earn NFT mobile game built on the Polygon Layer 2 platform. Immersing players (operatives) in a metaverse that bridges the virtual and physical worlds, DEFY fuses hyper casual code breaking gameplay, learn to earn elements, real world exploration and AR adventures.DEFY’s in-game economy has been designed with scale and longevity in mind. A dual currency model is combined with an extensive set of customisable tradable game assets as well as multiple active and passive earning mechanisms that can be leveraged by the players.DEFY will launch with both premium and free to play user pathways, which will greatly enhance user acquisition and retention. An innovative graduation scholarship model aims to revolutionise the pathway to economic freedom for P2E players.DEFY taps into pop culture to create a rich Player vs Environment (PvE) narrative that has operatives joining a revolutionary hacker organisation with the mission of keeping the metaverse open and out of the control of the evil tech oligarchy, Future Systems. As the game evolves, factions and Player vs Player (PvP) elements will add to the longevity of the game and complexity of the economy.$DEFY is The token of governance and utility in the DEFY ecosystem.$DEFY is an ERC-20 cryptographic token on the Polygon layer 2 platform. It can be earned by swapping $FCOIN collected in game, or purchased on a DEX/CEX.The $DEFY token is used for the purchase of in game NFT assets and as a governance token via the DEFY DAO.Decentralized Autonomous Organizations or DAOs are democratic communities on the blockchain.The DEFY DAO will ensure the community is heard, giving them the opportunity to vote on proposals, partnerships, development plans and more. It is a forum for people all over the world to collaborate and partner.$FCOIN is the in game non-cryptographic currency of the DEFY mobile game.$FCOIN is short for Future Systems coin and in the DEFY lore, is the centralised currency of the all dominating Future Systems metaverse.$FCOIN is earned in game by hacking Future Systems towers, spread across the world. $FCOIN may also be earned by completing in game tasks.

DEFY Labs Raises US$3.5M Seed for World's First Move-to-Earn AR Game

DEFY - Whitepaper

DEFY IDO Page On Polkastarter

DEFY IEO Page On Bybit Launchpad

DEFY: Official Announcement of Partnerships with Polkastarter

Polkastarter: Official Announcement of Partnerships with DEFY

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DEFY Labs, the developer behind the move-to-earn augmented reality (AR) game DEFY, has raised US$3.5 million in a seed round led by&nbsp;Animoca Brands,&nbsp;OliveX, and&nbsp;Spartan Group.Other investors who took part include&nbsp;Polygon Studios,&nbsp;GameFi Ventures,&nbsp;Bixin Ventures,&nbsp;Unanimous Capital,&nbsp;PathDAO, and&nbsp;Play It Forward DAO.DEFY's gameplay involves hacking missions that require players to explore their physical surroundings with the aid of augmented reality.Rewards are distributed to players in the form of cryptocurrency and NFTs.Alpha version of the mobile app will launch in mid-April.DEFY's gameplay blends a unique mix of AR, location-based interactivity, and hyper-casual code-breaking and hacking missions to create a unique experience for players around the world. Players take part in a Robin Hood-style revolution that pits them against an evil tech conglomerate. The game encourages players to explore their physical surroundings while earning in-game rewards, which are distributed as cryptocurrency and NFTs.

DEFY

DEFY is a play to earn NFT mobile game built on the Polygon Layer 2 platform

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Contrary to popular opinion, BitMEX founder Arthur Hayes thinks the upcoming Bitcoin (BTC) will temporarily dampen the crypto market’s momentum. In a new analysis, Hayes argues that the macro setup is actually favorable for traders interested in shorting the crypto market. However, he notes that he doesn’t plan to short the market himself, just abstaining […]
The post Arthur Hayes Issues Warning, Says Raging Bitcoin (BTC) and Crypto Firesale Could be Coming – Here’s Why appeared first on The Daily Hodl.

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Arthur Hayes Issues Warning, Says Raging Bitcoin (BTC) and Crypto Firesale Could be Coming – Here’s Why

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Authur Hayes, the co-founder and former Chief Executive Officer (CEO) of cryptocurrency exchange and trading platform, BitMEX has released another blog post, predicting a major fire sale and a potential price decline for Bitcoin, the world’s largest cryptocurrency.  Bitcoin Fire Sale Imminent In his blog post, Hayes provided a detailed analysis, explaining his perspectives on how the Bitcoin halving event would adversely affect the price of the cryptocurrency.  Related Reading: Crypto Analyst Predicts Shiba Inu Price To Rise 5000% To $0.001 – Here’s When The Bitcoin halving is an occurrence that takes place every four years which reduces Bitcoin miner block rewards by half. This, in turn, decreases the amount of Bitcoin created and leads to an increase in the cryptocurrency’s value.  While most analysts in the crypto market anticipate a bullish rally for Bitcoin and other altcoins during the halving event, Hayes holds a more contradictory view, suggesting that the halving period could instead initiate a more bearish action than expected. Hayes has acknowledged that the price of Bitcoin and other cryptocurrencies are likely to pump during the halving period, at least in the medium term.  However, the BitMEX co-founder has also predicted that the price action of Bitcoin both before and after the halving event could potentially turn negative.   He revealed that because the 2024 Bitcoin halving coincides with a period of diminished liquidity in the United States Dollar (USD), it could potentially ignite a “raging fire sale for crypto assets.” The crypto founder also foresees the price of Bitcoin and other cryptocurrencies plummeting around this time.  As a result, Hayes has advised the broader crypto community to refrain from trading cryptocurrencies during this period. He emphasized that when the majority of the market participants agree on a specific outcome, such as a rally induced by the Bitcoin halving, the market tends to move in the opposite direction.  Despite his captivating predictions, Hayes conceded that the crypto market could defy his bearish forecasts, essentially recognizing the speculative nature of his prediction.  Hayes Says April Is The Best Time To Short Sell In his blog post, Hayes unveiled that the period from April 15 to May 1, 2024, would be precarious for risky assets in the financial sector. This is attributed to tax payments draining liquidity from the system and Quantitative Tightening (QT) accelerating during this timeframe. Related Reading: Expert Maps Out Timeline For The XRP Price To Cross $1,000 The crypto founder has suggested that this period might potentially present a prime short position for traders, indicating that April could be the ideal month for short selling. He predicts that after May 1, the market will revert to its “regular programming.” BTC price above $70,000 | Source: BTCUSD on Tradingview.com Featured image from CNBC, chart from Tradingview.com

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Crypto Founder Warns Of Burgeoning Bitcoin Fire Sale, Here’s What It Means

The cryptocurrency market marks a rebound after days in the red zone sparked by cumulative liquidations in digital assets and memecoins. With plunging prices, gains recorded in months were lost by reduced investor sentiment. This week, the wider market opened with gains with coins recording as high as 10% following renewed optimism and other factors. 
The post Top Memecoins Surging 100X Today appeared first on CoinGape.

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Top Memecoins Surging 100X Today

Recently, in the landscape of cryptocurrencies, new tokens have emerged with promises of innovation and potential gains. One such token that has grabbed the attention of the crypto community is $HUMP. With its meteoric rise of 3500% in just a few days since its launch, HUMP is not just another meme coin—it’s a symbol of […]

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New Crypto with Shiba Inu (SHIB) Potential You Must Buy Right Now, Up 3500% with Exchange Listings on the Way

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As the crypto market experiences a wave of recovery, both Solana (SOL) and Ethereum (ETH) have shown promising signs of resurgence. However, amidst this recovery momentum, Furrever Token (FURR) has emerged as a noteworthy contender, positioning itself as the next big altcoin with its enticing high ROI offers. With SOL and ETH navigating a path …

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It’s been a wild ride for crypto traders in the past 24 hours, with Bitcoin (BTC) and Bitcoin Cash (BCH) both seeing significant price pullbacks. The sell-off has many scratching their heads as profit-taking kicks into high gear. However, one project appears to be bucking the trend – Bitcoin Minetrix (BTCMTX) and its ambitious presale […]

Bitcoin & Bitcoin Cash Prices See Red But Bitcoin Minetrix Presale Continues Growing

Dogecoin (DOGE), the Shiba Inu-themed memecoin, finds itself in a curious situation. While the number of holders and overall interest in DOGE surges, its price has experienced a significant drop in the past week. This inconsistency reflects the broader volatility of the memecoin market, currently experiencing an influx of novice traders. Related Reading: Trouble Ahead? Binance Coin Futures Market Under Pressure With Negative Funding Rates IntoTheBlock, a blockchain analytics firm, revealed a record number of addresses holding memecoins for less than a month in March. This trend suggests a surge in new investors drawn to the memecoin craze. However, Dogecoin, despite leading the pack in terms of both traders and transactions, has seen its price tumble by over 20% in the last week. DOGE Technical Signs Grim? Technical indicators paint a concerning picture for DOGE’s immediate future. The Chaikin Money Flow (CMF), which measures buying and selling pressure, has dipped below zero, indicating an outflow of capital and a bearish sentiment. Source: IntoTheBlock Related Reading: XRP Battle Cry: Must Rally 70% To Reconquer $1 Peak After Market Turmoil On the other hand, the On-Balance Volume (OBV), reflecting buying pressure over time, has also declined, further confirming a downtrend. This combination of falling prices and declining trading volume could exacerbate the drop and weaken DOGE’s support levels. DOGE market cap currently at $24.6 billion. Chart: TradingView.com Optimism Lingers For Memecoin Meanwhile, cryptocurrency analyst Trader Mayne remains bullish on DOGE. He believes the memecoin could experience a significant price increase if it can hold its current support levels. However, Mayne’s prediction hinges on DOGE’s ability to defy the current bearish technical indicators. $DOGE Big spot here for Doge imo. Bulls really want this area to hold, I think losing support here opens the door for a much larger correction. RR skewed positively for longs, if we hold and can reclaim that old high the party continues. pic.twitter.com/HgSX60XuXv — Mayne (@Tradermayne) April 3, 2024 The broader cryptocurrency market sentiment also plays a crucial role in influencing individual coin prices. If the overall market experiences a correction, it could drag DOGE down further. Additionally, regulatory scrutiny or negative news surrounding memecoins could dampen investor confidence and lead to a sell-off. Dogecoin finds itself at a crossroads. While new investors are pouring in, fueled by the memecoin craze, the recent price drop and bearish technical indicators raise concerns about its short-term future. The decisions of existing holders, the whims of social media, and the overall cryptocurrency market sentiment will all be crucial factors in determining whether DOGE can defy the odds and reclaim its former glory. Featured image from Pexels, chart from TradingView

Dogecoin Deflates: What’s Behind The 20% Price Drop Amidst Memecoin Mania?

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