To learn more about this project, check out our deep dive of FaraLand.
What Is FaraLand (FARA)?
FaraLand (FARA) is a play-to-earn multiplayer game based on the Binance Smart Chain (BSC). The turn-based role-playing game (RPG) allows players to own NFT warriors and equip them with unique weapons, armor, and pets.
The FaraLand universe is inhabited by many races (human, orc, angel, demon, dragonborn, elf, fairy) who are waiting for their finest hour. Users can participate in battles and collect digital items with real-world value that have been created using blockchain technology. Collectible items are distinguished by their authenticity, incomparability, and rarity.
While developing FaraLand, the developer team focused on creating a unique NFT gaming experience (with animation and a thousand types of equipment). They present users with exciting gameplay, fundamentals, and mechanics while emphasizing a captivating storyline.
Who Are the Founders of FaraLand?
FaraLand was co-founded by Moon Knight Labs, which launched in September 2020. Moon Knight Labs is a group of skilled developers, artists, and organizers with ten years of experience in various tech fields and five years of blockchain experience. The team currently has 14 members, including the original six founders. Let's mark a few:
- Alfred Alfie (Hung Nguyen) is CEO and CTO of Moon Knight Labs. He has about five years of experience in DApps and blockchain<span style="text-decoration:underline;">,</span> plus ten years in software engineering. Prior to FaraLand, Alfie held the post of CTO at Merctrans and Felizz.
- Kelvin (Tung Phan) serves as Lead Product Strategy. He is a forward-thinking multimedia artist with ten years of experience in creative products. He won first place in the “Chat Hanoi” competition.
- Vianz (Nguyen Ha Viet Anh) is the Creative Director at Moon Knight Labs. He’s also Lead Designer for Vingroup. On top of that, Vianz is the Artist Partner of Garena Singapore.
- Artwood Elvis holds the title of Blockchain Master of FaraLand. He’s a front-end UI/UX expert & former smart contract engineer.
- Nautilus is a pseudonymous Lead Engineer. They are a savvy and passionate blockchain developer with seven years of experience in full-stack development.
What Makes FaraLand (FARA) Unique?
FaraLand is a BSC turn-based RPG that uses NFTs to their full gaming potential. This is not just a platform for collecting NFTs; the developers have focused on the principle of "play to earn." How it works: you can reinvest in the game, upgrade your character, or cash out. If you own NFT at FaraLand, you will be able to attend in-game events, allowing you to earn more FARA tokens. The project's goal is to become the first flagship game on the Binance Smart Chain (BSC).
FaraLand features include: Randomly generated unique heroes; Hero Floor price system; Gacha-liked machine for ERC 1155 equipment; Marketplace with low fees; Gaming activities; DAO platform; Land system; Pet raising.
In terms of capabilities, all crypto fans and non-crypto users can participate in FaraLand. Namely, even players who do not use cryptocurrency can join the game and earn tokens (which can be exchanged for fiat money). Players can use FARA tokens to purchase NFT heroes and equipment in the marketplace.
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How Many FaraLand (FARA) Coins Are There in Circulation?
FaraLand (FARA) is a BEP-20 cryptocurrency token created on the Binance Smart Chain. The total supply of FARA is 100 million tokens, and as of June 2021, there are 3.69 million tokens in the current circulation. The distribution is as follows:
Angel Investors - 3,54%
Liquidity & Listing - 11%
Founding Community - 8%
Seed - 2,05%
Private Sale - 10,67%
Public Sale - 1,28%
Team & Advisor - 15%
Foundation - 20%
Marketing & Partnership - 5%
Game Incentives - 22%
Airdrop - 3%
The FARA token is used throughout the ecosystem. For example: buying equipment for Heroes; upgrading equipment to a higher level; assigning a unique name to the Hero; rewards for in-game actions; voting in the DAO.
Faraland held an Initial DEX Offering on June 12, 2021. The IDO took place on BSClaunch and Red Kite.
How Is the FaraLand Network Secured?
FaraLand (FARA) is audited and secured by MoonPool and Certik. This action covers a broad spectrum of token characteristics and smart contract audits. Moreover, FARA can be securely stored on supported wallets that are connected to the Binance Smart Chain.
Where Can You Buy FaraLand (FARA)?
FARA tokens are available on DODO BSC and the PancakeSwap (V2), decentralized exchanges for swapping BEP-20 tokens on Binance Smart Chain.
Find more information about buying cryptos with our guide.
Check the top Binance Smart Chain tokens by market capitalization here.
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