AnrKeyXTM Changes the E-sports and Gaming Industries with DeFi
(Photo : AnrKeyXTM Changes the E-sports and Gaming Industries with DeFi)

Decentralized finance (DeFi) is currently disrupting various aspects of the global economic system. The world already saw the emergence of this budding industry this year, as more projects are hitting record numbers and the value of assets locked in DeFi has finally surpassed the $10 billion mark. 

At this rate, estimates believe that the DeFi space could very well cross $25 billion in assets locked by the end of the year. Data from DeFi Pulse shows that the total value of assets locked is at $10 billion. Given that the number was just a little over $1 billion at the start of the year, this feat is beginning to outpace the traditional crypto space itself. 

It's no surprise that the industry has been on a significant uptrend. The traditional crypto industry is going through significant change currently, with more projects getting more centralized and seemingly forgetting the tenet of decentralization. The fact that they are becoming more regulatory-compliant means that customers are being forced to give up a great deal of their information as well. 

Looking to preserve that decentralization model, some original crypto fans are ditching the centralized projects and moving to DeFi. There are several other reasons why the DeFi craze of 2020 has grown so much, but this is undoubtedly one of the most significant. 

Enter AnRKey XTM: Effectively Gaming DeFi 

While DeFi has focused primarily on the finance aspect, however, some projects are branching out and have made their influences felt in different other industries. One of the newest and most prominent is AnRKey XTM

AnRKey XTM is a gaming DeFi protocol which, like many others out there, is based on the Ethereum blockchain protocol. The project perfectly merges three innovative technologies -DeFi, esports, and non-fungible tokens (NFTs) to provide an ultimate playing experience that users will love and also have the opportunity to earn significant APY and NFT rewards from.

Incorporating Yield Farming

AnRKey XTM operates through yield farming - a concept where people provide liquidity to DeFi projects and contribute to keeping an ecosystem alive. Players can get their tokens and pledge them to different DeFi projects, thus increasing these projects' liquidity. Then, they stake these tokens within AnRKey XTM pool armies.  

With this game, however, things take even more of an interesting turn. AnRKey XTM has launched a gaming module Dapp for all its games with the first release of many titled Battle Wave 2323TM, a battle royale game that operates in a similar way to those that we used to play at arcaded back when we were younger. This is powered by highly valuable NFTs that users can purchase with their $ANRX native Arcade Coin through their Decentralized Finance Gaming Platform Exchange (gDEX).

Gaming and Earning APY

With AnRKey XTM, you get an NFT and you can use it to play Battle Wave 2323TM

Think of it like purchasing coins at the arcade. You play your game with NFTs, boosting your staking rewards from the pool army you participate in Battle Wave 2323TM. With this game, the winning pool army is determined by the army with the highest distribution of $ANRX tokens every week, which depends on utilizing multiple types of NFTs and staking, and the yield of the pools themselves. The winning army is airdropped a winning $ANRX distribution, and rare highly valuable NFTs that boost yields even further than the normal NFTs purchasable through their gDEX. 

Everyone Wins!

As expected, the entire objective is to make the process of staking in DeFi protocols more fun. Armies can literally come together virtually in their platform, create competitive strategies, and pool their resources to stake liquidity and hope to win. Thanks to the gamification through NFTs, AnRKey XTM makes it fun to stake.

"The overarching idea is to encourage users to perform in different competing Armies, as they fight using strategic gamified NFTs and liquidity mining and farming on our gDEX to generate the most APY.  Our system enables strategic and continuous exponential APY opportunities," the game's developers have explained. 

The game definitely lives up to the hype, and it has a significant amount of potential. By bringing more players into the DeFi space, it provides an avenue for projects to earn more liquidity and serve their users better. At the same time, it uses the prospect of making money to lure gamers in. It's a clever cycle that can only lead to growth. 

All games are competitive and rewarding. They also feature a simple and fair operating module and significant opportunities to benefit. 

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