Neo Global Development has announced Defina Finance as the fifth project accepted into the N3 Early Adoption Program. Defina Finance joins Rentfuse, TranslateMe, Humswap, and TOTHEMOON, and will receive funding, technical support, and other incubation opportunities from NGD.
Defina is an online blockchain-based role-playing game that utilizes a play-to-earn model, a new monetization method that integrates tokens into gameplay. In Defina, players own their gaming assets and can monetize them via yield farming in DeFi protocols or trading their NFTs.
The game will feature playable characters called “heroes” represented by NFTs. Each hero is unique with a particular combination of characteristics, skills, and capabilities, enhanced through playing the game. For example, by winning battles and learning skills in numerous game scenarios.
Players can buy or collect heroes through various NFT Mystery Boxes or a secondary marketplace.
Moving forward, Defina plans to release a set of Neo-based Defina NFT heroes, launch a Neo-exclusive script, and invent more gaming modes on N3. The team also aims to develop and implement a system for staking rewards and governance.
N3 Early Adoption Program Details
NGD’s Early Adoption Program has allocated US $10 million in grants for qualified teams and individuals. The goal of the program is to increase overall participation in the Neo ecosystem. NGD hopes that new ecosystem entrants building on Neo N3 can optimize the network through real-world use and testing. Ultimately, NGD believes the program can help establish Neo N3’s infrastructure while simultaneously bolstering awareness.
The NGD team hopes to see a variety of dApp and product ideas, with a particular interest in the following types of projects:
- Infrastructure for the Neo N3 MainNet (i.e., browsers, compilers, middleware)
- Product development based on NeoID, NeoFS, oracles, and other core components of Neo N3
- Application layer uses (i.e., DeFi, NFTs, and general dApps)
- Concepts with business use cases merging physical and digital worlds (i.e., social media, e-commerce projects)
- Regulation-facing use cases (i.e., payment and traditional financial digitization projects)
More information about applying can be found on the Eco Support section of the neo.org website.
The full announcement can be found at the link below:
https://neo-blockchain.medium.com/defina-finance-joins-the-neo-n3-early-adoption-program-c9dc33bc997d
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
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