PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 7, 2023 – LBank Change, a worldwide digital asset buying and selling platform, will checklist Fief (FIEF) on February 8, 2023. For all customers of LBank Change, the FIEF/USDT buying and selling pair will likely be formally obtainable for buying and selling at 6:00 UTC on February 8, 2023.
Fief Protocol is the decentralized utility layer above the Fiefverse, an open-world voxel RPG. Its native token FIEF will likely be listed on LBank Change at 6:00 UTC on February 8, 2023, to additional develop its international attain and assist it obtain its imaginative and prescient.
Introducing Fief Protocol
Fief Protocol includes a suite of decentralized functions (dapps) which might be particularly tailor-made for NFT gaming and the metaverse.
With a concentrate on consumer expertise, the dapps of Fief Protocol permit gamers to seamlessly commerce or earn rewards with the in-game property that exist of their wallets. These dapps work both to reward gamers of Fief’s personal metaverse or incentivize gamers from exterior initiatives to undertake Fief as their main buying and selling platform.
Distinctive to Fief Protocol are Affect Factors (IP), a non-transferrable and off-chain forex that attracts inspiration from in-game currencies discovered throughout fashionable web2 sport titles. With IP, Fief Protocol is ready to add a further gating and reward mechanism into their dapps that enables the platform to draw customers and liquidity whereas sustaining sustainable alignment with the Fief economic system.
Fief Protocol is constructed on prime of the Fiefverse, an open-world voxel RPG that lets gamers take management of a singular Avatar to discover, battle, craft, and extra. The Fiefverse acts as a continuing and rising sink for IP, additional supporting its utility inside the Fief Protocol dapp layer.
Whereas the principle Fiefverse sport title is in growth, the crew is planning to launch a collection of mini-games, beginning with a Wave Protection title in Q1 2023. These mini-games are free-to-play and reward gamers with IP along with different in-game gadgets.
Fief Protocol at present options its FIEF Staking dapp and the Fief Store, which permits customers to buy Fiefverse gadgets with IP. Within the coming weeks, Fief Protocol will likely be launching Fief Chat, a discussion board and stay messaging app constructed on prime of Affect Factors and Avatars, and Loot Farms, an IP-gated staking dapp that options quite a few reward varieties.
About FIEF Token
FIEF is the official utility token of Fief Protocol. FIEF could be staked to unlock voting rights and earn DeFi & sport rewards.
The first use case of FIEF is the perpetual manufacturing of IP when staked. At the moment, every staked FIEF produces 0.03 IP per day. Stakers of FIEF get pleasure from a continuing stream of in-game forex rewards that they will spend freely. In time, staked FIEF will earn voting rights to dictate the distribution of ETH charges generated by way of dapps on Fief Protocol to Loot Farms.
This method aligns the demand to purchase and stake FIEF with the need of third-party metaverse initiatives to drive ETH rewards to their in-game property, together with fungible in-game currencies and NFTs.
FIEF has a complete provide of 500 million (i.e., 500,000,000) with a present circulating provide of 128,180,693. Extra info on the provision and distribution of FIEF could be discovered within the mission’s official documentation.
FIEF token will likely be listed on LBank Change at 6:00 UTC on February 8, 2023, traders who’re within the Fief funding can simply purchase and promote it on LBank Change by then. The itemizing of FIEF token on LBank Change will undoubtedly assist it additional develop its enterprise and draw extra consideration available in the market.
Study Extra about FIEF Token:
Official Web site: https://www.fief.gg
LBank is among the prime crypto exchanges, established in 2015. It affords specialised monetary derivatives, knowledgeable asset administration providers, and secure crypto buying and selling to its customers. The platform holds over 7 million customers from greater than 210 areas internationally. LBank is a cutting-edge rising platform that ensures the integrity of customers’ funds and goals to contribute the worldwide adoption of cryptocurrencies.
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