Home My DeFi Pet (DPET Token): Should you play and invest?

My DeFi Pet (DPET Token): Should you play and invest?

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5 min read

We see more and more articles and videos on My DeFi Pet. This type of game, let me tell you directly, is of the type " Earn and play » as they say in the industry. And, these types of games are exploding lately.

Yes, people certainly want to play video games, but they also (and above all?) want to make money with them. We're wasting enough time like that, you'll tell me, and so if we can make money with it, that's really great. We agree.

I already told you about the games Axie Infinity and I also explained to you how players from the Philippines managed to generate real salaries (local, but still), thanks to this game.

Here we go.

What is My DeFi Pet?

My Challenge Pet is a game launched in May 2021 (it's very recent) on an inter-operable blockchain, based in Vietnam and Southeast Asia more generally (it's quite rare) and which is called KardiaChain.

Kardia Chain: The new inter-operable blockchain nugget?

In general, we think of the Kardashian family and we quickly remember the name of this very promising blockchain. We are also preparing an article on the subject, because really, there are quite a few things to say.

The name of the game My DeFi Pet represents the 3 elements of the game:

My refers to the idea of character customization.
Challenge...Should I really draw you a drawing?
Pet : the characters are animals and more precisely animals that we will raise/educate.

This may be reminiscent of the game Axie Infinity in the sense that here too the goal is to raise animals, make them evolve for future battles. This is also how players make money because they can also resell and trade animals.

What are the rules of the game in concrete terms?

To fully understand this game, you must also know the function of the main token which also serves as the main currency of the game: DPET.

With utility tokens, you can have new eggs (from which new animals will hatch), raise them and evolve them to become notorious fighters. Likewise, players can stake DPET tokens to earn voting rights and to earn other rewards.

DPET token from My Defi pet — As you can see, the price is skyrocketing…

This incentive creates a win-win situation because everyone actually wins. Users who earn DPET tokens will also want to spend them on the game and therefore expand the ecosystem as a whole.

You should also know that in the game, we also find NFT tokens to represent animals which are all unique. They can also be exchanged on the KardiaChain blockchain and Binance SmartChain also. Besides, we will talk about it later, but thanks to KardiaChain, we will also be able to consider elements of Ethereum and Polkadot, for example.

Tutorial: How to start playing?

For those who like to play, here is a little tutorial. The good news is that you don't need to install the game. You can play it directly on your computer or even on your phone.

Here are the steps to follow:

You must first download a wallet Dappradar (to take the simplest) if you don't have it yet.
You would need to create an account on Binance to be able to buy BNB coins.
Now that you have BNB, you need to transfer them to your wallet metamask.
If you haven't already done so, get on the BSC network.
Go to PancakeSwap, and exchange your BNB for DPET tokens.
It's okay, you can go to the My DeFi Pet website and connect your wallet.

Play on My DeFi Pet

Now you are ready to be able to play the game.

You need monsters to be able to play or to have eggs. You can buy them with DPET tokens.

The objective is to improve your monster's stats to prepare it for battle. You have to feed it and grow fruits and vegetables on the farm land. All you have to do is harvest your vegetables and give them to your animals.

Players who win have several eggs and several monsters that they evolve. The ideal would be to have an army of powerful monsters.

Note: As the game is recent, the combat function is not yet activated. It won't be long.

How to make money on My DeFi Pet?

There are currently three main ways to earn money in the game:

You can sell DPET tokens that you have earned during different missions or in battles with other monsters. Earned tokens can be exchanged directly on Pancakeswap for BNB or other tokens.
You can also resell your high level monsters to sell them. Here, it is the speculation function of NFTs that comes into play.
It is also possible to earn seasonal rewards. These are prizes which are awarded to the best animal breeders.

Should you invest on My DeFi Pet?

As you know, on this blog, we do not give financial advice. When it's games, it's even more personal and subjective because it will also depend on your affinity for gaming in general.

Some are rushing into DPET tokens because the market is currently falling (summer 2021) and the game is barely 3 months old. In fact, the price of the token is relatively low, especially if we compare it to two similar games like Axie Infinity.

Before you jump in, again, do your own research. Even if it's a game, it involves real money. See if you like this type of game and only start investing if you are sure of yourself.

So that’s a short presentation of My DeFi Pet. Please let us know what you think and if you think it will gain popularity?