Binance Labs Makes Strategic Investment in Elfin Kingdom

Binance Labs has become a strategic investor in Elfin Kingdom, with the goal of providing an easy-to-use gaming platform for developers and players that offers an enjoyable experience for everybody.

Binance Labs, the company’s venture capital arm and innovation incubator, has made a strategic investment in Elfin Kingdom, a GameFi project and asset issuance platform where players, developers, and investors may own, launch, mint, and trade Elfin NFTs inside the ecosystem.

Elfin Kingdom is a cryptocurrency game development firm. It builds worlds for everyone and improves users’ lives by creating high-quality games that integrate the benefits of crypto-technology and can vibrate with various types of personalities, bring people together, and allow everyone to learn and grow while having fun.

Elfin Kingdom will soon deploy a test version of the game on the Binance Chain Testnet, allowing users to catch and combat Elfins. In addition, the Farming option will be available, allowing players to stake and receive rewards. The Kingdom intends to recruit more players, developers, and talent to help establish a metaverse for the next generation of crypto games.

Brad Lim, Investment Director of Binance Labs, said:

“Elfin Kingdom is a GameFi project with huge potential. Elfin Kingdom introduces a new form of GameFi, which is combined with DeFi; eventually, players can stake partnered DeFi project tokens within the games for extra benefits. We believe that Elfin Kingdom can bring a ‘free to play’ model to this industry.”

Elfin Kingdom is a GameFi and asset issuance platform where gamers, developers, and investors may build wealth in a sustainable environment through gaming and DeFi. This project attempts to bridge the gap between gameplay development and cryptocurrency advantages, allowing the community to appreciate the value of gaming, story, and DeFi.

Patrick

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