Multi-chain NFT Game Duelist King Raises $1m To Advance Win-to-Earn Model

The first ever multi-chain Duelist King, a blockchain-powered card game that will allow players to earn and purchase cards as they progress in the game. The project is looking for an experienced team of developers to build the decentralized platform.

Duelist King is a new game that has been developed on the Ethereum blockchain. It uses an in-game token called “duelist king token” to allow players to earn in-game items and compete with other players for rewards. The game also features a win-to-earn model, which means that if you lose, you don’t get any money back.

26th October 2021, Beachmont, Saint Vincent and the Grenadines

Duelist King, a cross-chain win-to-earn NFT game, has secured more than $1 million in funding thanks to a number of well-known private equity companies. 

Momentum6, BoostXLabs, Shima Capital, BX Ventures, X21 Digital, AU21, Magnus Capital, NFT Technologies, Benmo, BlockBeat, and ten other investors contributed to the game, which is based on Binance Smart Chain (BSC) and Cardano and sponsored by Fantom, Polygon, and Cronos.

‘Having gotten investment and support from some of the most well-known VC companies in the crypto sector is a tribute to the work we have done behind the scenes to pioneer a revolutionary win-to-earn gaming strategy,’ said Duelist King CEO and Founder Dzung Tran (Chiro).

‘With 250,000 NFTs sold out in less than 45 minutes last month, the Duelist kingdom is gaining traction – and we’re happy that our investors see our potential.’

Duelist King will utilize the funding to position itself as a prominent participant in the burgeoning blockchain gaming industry. While most previous releases have been based on a play-to-earn model, Duelist King is based on a win-to-earn model, in which game economics are centered on prizes and earnings depending on player participation.

Players may earn prizes in the game by participating in missions, fights, and tournaments, and they can also influence the project’s gameplay and design. Duelist King’s team consists of 15 engineers and blockchain professionals that have been working in the sector since 2016.

Duelist King is a community-owned and incentive-based NFT card game that will enable cross-chain NFTs and, eventually, Duelist King tokens. On October 27, the project will undertake an Initial Farm Offering (IFO) on PancakeSwap, which was recently launched through an Initial DEX Offering (IDO) on OccamRazor. Over the following three years, income from card sales is expected to surpass $1 billion.

The game’s creators are now working on a Player vs Environment (PvE) version, which is expected to be released in Q1 2022. In Q2, Duelist King will include Player versus Player (PvP) and multi-player capabilities, as well as tournaments for its growing audience.

Last month, a sneak peek of the game was provided, instantly garnering hundreds of likes. 

Regarding Duelist King

Duelist King aspires to change the way people play, engage in, and make money in card games by providing top-notch gameplay, asset designs, and support for the #Win2Earn movement’s long-term viability. Duelist King is powered by in-house Decentralized Autonomous Organization (DAO), Oracle, and Random Number Generator, and is built on Binance Smart Chain (BSC) and Cardano, with help from Fantom, Polygon, and Cronos.

https://duelistking.com/ is a website where you can find out more about duelisting.

@duelistkingnft on Twitter: https://twitter.com/duelistkingnft

https://t.me/DuelistKingNFT is a Telegram group.

Contacts

The “afridex” is a decentralized gaming platform that allows players to win-to-earn. The game has raised $1 million in the first round of fundraising.

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