Dragonland: A new token powering an ecosystem of games on the Binance Chain

Dragonland (Symb: DLD) is the newly released gaming token on the Binance Chain. But what does it do exactly and why does it have an outstanding potential?

Dragonland (or DLD) truly has it all: burning, gaming, reward pool & NFT. According to its whitepaper, it is a BEP-20 token that will be used to power an ecosystem of games on the Binance blockchain. The first title, "Ozzy the Dragon", will be released in Q4-2021/Q1-2022.

But what makes Dragonland attractive is mainly its low transaction fees: 1% Reward pool + 1% Burning. The reward pool will be shared among the winners of different competitions that will be held in "Ozzy the dragon". On the other hand, the protocol built-in burning function will get executed on each transaction until the token’s total supply is reduced by 50%. With such function, the more tokens are burned, scarcity is improved and token holders are rewarded with increased token value.

Moreover, low transaction fees are expected to encourage more market participants to trade the token, leading to higher trading volumes, more burning and more value. With such functionality, the token is projected to sustain a steady and consistent increase in value overtime.

On the other hand, the tokenomics of Dragonland look very interesting. With only 4% of tokens allocated to the team, the Ecosystem Fund for games development have a consistent 30% share that will allow for future games developments.

Not to mention also the associated NFT that will be launched in early 2022. Ozzy the Dragon will have its own gallery of NFTs to be traded on the open market and will be used as well in-game for boosting dragon’s capabilities and upgrade functionalities to increase probabilities of wining against other participants.

To wrap it up, DLD is a new token with an interesting burning functionality combined with a gaming function and an innovative reward system that truly focuses on bringing an increasing steady value to investors.

Token information:

Symbol: DLD
Contract address: 0x8d9168e6c68d9a49fa05fb868eaae80a6ddda227
Telegram group: https://t.me/The_Official_Dragonland_Group
Telegram channel*: https://t.me/official_dragonland_channel

References:

Website: http://The_Official_Dragonland.io
Whitepaper: https://dragonland.io/docs/Whitepaper_V1.pdf