NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000

Demole is Taking NFT Gaming Beyond the Blockchain

NewsBTC
NewsBTC
Last Updated: October 18, 2021 7:58 am
3 mins read
demole

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The proliferation of consumer-grade PC hardware and smartphones pushed the global gaming industry to a valuation of $300 billion in 2021, making video games a more popular form of entertainment than the American film industry.

Running parallel to this rise in the popularity of gaming is the explosion of the decentralized finance (DeFi) market, and more recently, the emergence of gamefi, a revolution in blockchain-based gaming which adds an economic spin to what has till now been mere entertainment.

The exclusivity of non-fungible token technology makes NFTs a solid foundation upon which to build unique, bespoke player experiences. However, bridging the gap between a novel, emerging technology and the existing global gaming industry has, until now, proven to be a difficult task.

Introducing Defi Monster Legends

Demole is the first 3D role-playing game based on NFT technology in the world and operates on a play-to-earn basis. It pits player-characters against one another in a PvP environment and pulls together a range of popular gaming mechanics prevalent in triple-A games, such as campaign storylines, resource crafting, arena battles, progressive upgrades, boss battles, a player-operated item marketplace, and more.

Recognizing that the global gaming industry exploded largely due to the popularity of smartphone gaming, Demole expands the traditionally PC-based NFT gaming sector into the mobile arena.

Demole, which functions as an acronym for Defi Monster Legends, threatens to be the first project to bridge the $300 billion gap between blockchain gaming and its non-blockchain counterparts, thanks to both its mobile focus and an ability to let players earn money as they play.

Countering the Gaming Industry’s Underhand Tactics

Major video-game publishers have in recent years doubled-down on their tactic of forcing players to pay for game content that would previously have shipped with the base game as standard. Rather than play-to-earn, major developers instead install a pay-to-play mechanism, where certain content is only available to those willing to pay extra. This sales tactic is frequently indistinguishable from gambling, as witnessed with the now normalized loot-box phenomena – a trend which seems doubly pernicious when one considers that its targets are usually children.

Blockchain-based NFT gaming has threatened to democratize and liberate gaming culture from these profiteering tactics, however, its failure to meet the graphical and gameplay standards of the existing gaming market has thus far halted its spread.

RPG meets BSC

Demole aims to connect the traditional gaming market with that of the blockchain-based NFT space by offering the range of features the average gamer has come to expect. Along with graphical fidelity and mobile compatibility, this includes a rich storyline on par with popular modern games, in-game communication, diverse content and missions, and the inclusion of one of the most popular genres in gaming today: RPGs.

Built on the cryptocurrency space’s DeFi home, Binance Smart Chain (BSC), Demole offers players a low barrier to entry and modest gas fees for in-game activities. What’s more, its burning and revenue sharing model means it’s not just gamers who can benefit from Demole and its native $DMLG token. Regularly scheduled token burns boost the value of the native token, allowing passive holders to benefit from the popularity of the game. Holders can also opt to stake their tokens to accumulate passive returns.

The team behind Demole has long and varied histories in mobile gaming, blockchain development, and marketing and finance. The development of Demole is overseen by four different teams of specialists, dividing up responsibilities between blockchain developers, digital game artists, a marketing team, and a finance team.

This specialization of responsibilities, along with its play-to-earn model – and a willingness to aim higher than the NFT space alone – is what the Demole team hopes will push the mobile RPG into the hands of eager gamers worldwide, whether they’re blockchain enthusiasts or not.

 

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

MEXC Introduces Futures Earn: Idle Balances Can Now Generate Up to 15% While Staying Trade-Ready

Cryptocurrency traders often leave a significant portion of their futures account balances idle, missing opportunities to generate returns. Spotting this...

Mark Hampton 1 month ago
Crypto

Can Europe’s Crypto Apps Win Over Binance Users? A Growing Comparison

Binance remains the world’s largest crypto exchange with over $217 billion in daily trading volume and 280 million users worldwide. Yet...

PR Desk 1 month ago

How to Compete When Finance Never Sleeps

Crypto’s 24/7 model is resetting investor expectations. Here’s what banks and exchanges must do to keep up. When Markets Never...

NewsBTC 1 month ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

záujem o trading bot rastie

Význam trading botov prudko rastie. Traderi siahajú po tomto Telegram botovi

Nina Šefčíková 3 weeks ago
Robinhood

Robinhood CEO Issues Bold Prediction: ‘Everything Will Be Tokenized’

Christian Encila 1 month ago
Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Sebastian Villafuerte 1 month ago

Premium Sponsors

Press Releases

  • ChatGPT Predicts the Next 1000x Crypto

    ChatGPT Dự Đoán Đồng Crypto Có Tiềm Năng Tăng...

    7 hours ago
  • Đồng Crypto Có Tiềm Năng Tăng 1000x Tiếp Theo Khi...

    7 hours ago
  • ドージコイン 今後:ビットコイン以上に急落、それでも今が買いの好機となる可能性

    ドージコイン...

    7 hours ago
  • ChatGPT finds an unknown x1000 crypt

    ChatGPT Dự Đoán Giá Bitcoin, XRP Và Ethereum Vào...

    7 hours ago
  • Meme Coin Tiềm Năng 2025 – Bitcoin Hyper (HYPER)...

    7 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.