Happy Farm World: Onboarding the New Generation of DeFi Users
Decentralized Finance (DeFi) has taken the world by storm. Since 2020, the rise of decentralized financial products has led many to seek new streams of passive income without the need to resort to traditional venues like banks and exchanges. This phenomenon has led to the advent of complex instruments like staking, liquidity provision, yield farming, decentralized derivatives, and more.
DeFi made a splash both in and outside of the crypto world. However, the complexity of this industry has made it difficult for most to navigate. Not only is the nature of DeFi experimental and risky, given the exposure to volatility and hacks, it is also hard to understand even for those with experience in the traditional markets.
As the hype died down, so did the profits generated by both these yield generating products and the prices of their associated governance and utility tokens. In the meantime, the rise of Non-fungible Tokens (NFTs) seemed to be a more appealing and simple vehicle for investors. The nature of NFTs allowed investors to bet on the value of assets like digital art and in-game items which could now be attributed full ownership and exchanged on secondary markets with no counterparty risks.
DeFi and NFTs: The Rise of Play to Earn
This is where Happy Farm World comes in. The first of its kind, Happy Farm is the First DeFi and NFT Game. The idea is to take these advanced financial concepts and rebrand them in a more accessible manner, one that can be understood and leveraged by anyone.
Building a more inclusive decentralized finance industry, Happy Farm takes the DeFi and NFT concepts and uses gamification to make them more accessible, engaging, and even educational. The result is a fun, convenient browser and mobile game that allows users to access these complex instruments with ease.
For example, users can simulate the process of “yield farming” through actual in-game farming. They can grow crops, raise livestock, and much more. The game creates an interactive version of these lifeless investment vehicles and makes them fun, allowing investors to become gamers and to turn their assets into in-game items through the aforementioned NFT system.
In doing so, Happy Farm creates a fully-fledged in-game economy where players can have fun while investing in a digital world that seeps into real life and provides them with an additional revenue stream. In short, DeFi and NFTs have created a whole new system where users are paid to play instead of paying to play.
About Happy Farm World
Happy Farm World will give economic access to everyone around the globe with a platform that educates people about cryptocurrencies while they achieve financial autonomy having fun.
Happy Farm is innovative in the way that it aggregates the best functions of Decentralized Finance and Non-Fungible Tokens into a unified platform empowering users to fully participate in the best and emerging aspects of the crypto industry.
We are positioned to participate in the high growth of these sectors. Crypto is going mainstream and the next 1 billion users need an intuitive, frictionless platform they can trust that educates and keeps them updated in this fast-paced space.
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