Non-fungible tokens or also known as NFT have been excessively competitive in the Crypto world. NFT's constitute to represent data such as photos, videos, audio, and other types of digital files. The sprouting of NFT's has become a huge building block of cryptocurrencies since these are unique files that are mainly stored in the blockchain. It certifies a digital asset to be peculiar and not interchangeable.

Overview of My Defi Pet

Initially, play-to-earn games are just designed for entertainment, but in the present time, players can actually own an asset through owning pets.  Just like the game Axie Infinity this innovation also aims to produce a virtual-pet collectible game. Players can let their pets evolve when they reach a certain level.

DPET Token

The main currency for My Defi Pet is called DPET and currently operating in Binance Smart Chain. The design of its tokenomics is to incentivize players who can contribute a lot to the game to further enhance player interaction. However, those folks who are only holding DPET tokens will not earn additional perks. 

DPET is used to buy in-game items and to be used for additional buffs on their pets. Mainly, for trading, hatching and evolving of eggs, breeding of monsters, and other game features. This is tradable in Binance Smart Chain and  KardiaChain.

Play-to-Earn mechanics for My Defi Pet

Their program is still in its beta stage and more enhancements are coming. At the moment the game doesn’t have any way to actively earn while playing. The platform looks like a Farmville, you plant crops that can be harvested in a certain time. The harvested crop can be used for your pets which improves their stats as they gain experience and level up.

Thus, in their roadmap staking and marketplace are observed to set foot. This will let players earn by selling their pets on the marketplace and by holding DPET tokens they will earn a percentage when staking.