FaraLand PriceFARAInactive

What is FaraLand (FARA)?

FaraLand (FARA) is a play-to-earn multiplayer game built on the Binance Smart Chain (BSC). It is a turn-based role-playing game (RPG) that 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, and 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. The project's stated goal is to become a flagship game on Binance Smart Chain (BSC). FaraLand is described as a collection of exquisite digital collectibles created using blockchain technology, where each collectible is unique, authentic, and varies in rarity.

The game's narrative tasks players with exploring the Faraland world to find a way to seal the Demon Lord Beelzebul, and the team cites Warcraft, Pokemon, and Final Fantasy as inspirations.

The FARA token is a BEP-20 asset. FaraLand was listed in May 2021 (CMC listing date 2021-05-03); its ICO ran June 12–13, 2021 and raised $2,570,000. FaraLand positions itself at the intersection of gaming, NFTs, and decentralized finance, offering players the ability to reinvest in the game, upgrade their characters, or cash out their earnings.

Key Specifications & Tokenomics

• Name: FaraLand
• Symbol / Ticker: FARA
• Asset Type: Token (BEP-20)
• Blockchain / Platform: Binance Smart Chain (BSC) / BNB Smart Chain (BEP20)
• Contract Address (BSC): 0xf4ed363144981d3a65f42e7d0dc54ff9eef559a1
• Official Website: https://faraland.io/
• Whitepaper: https://faraland.io/static/faraland-whitepaper.pdf
• Project Overview Page: https://faraland.io/project-overview
• Block Explorer: bscscan.com
• Launch Date: 2021
• Tags: Gaming, MVB, Collectibles & NFTs
• Circulating Supply: 22,928,676 FARA
• Total Supply: 99,930,069 FARA
• Max Supply: Not fixed / not published
• ICO Price (USD): $0.17600
• ICO Price (ETH): 0.0000739 ETH
• ICO Price (BTC): BTC 0.0000049
• Hard Cap: 2,570,000 USD
• Private Price: $0.15
• ICO Start Date: June 12, 2021
• ICO End Date: June 13, 2021
• Total USD Raised: $2,570,000
• DEX Mode: Listed with DEX Mode on CoinMarketCap

Who created FaraLand?

FaraLand was founded in 2020 by Kelvin Tung Phan and developed 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.

Key team members include Alfred Alfie (Hung Nguyen), CEO and CTO of Moon Knight Labs, who has about five years of experience in DApps and blockchain, 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 and is a forward-thinking multimedia artist with ten years of experience in creative products who won first place in the "Chat Hanoi" competition. Vianz (Nguyen Ha Viet Anh) is the Creative Director at Moon Knight Labs, also serving as Lead Designer for Vingroup and Artist Partner of Garena Singapore. Artwood Elvis is the Blockchain Master of FaraLand, a front-end UI/UX expert and former smart contract engineer. Nautilus is the pseudonymous Lead Engineer, a savvy and passionate blockchain developer with seven years of experience in full-stack development.

How does FaraLand work?

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." Players can reinvest in the game, upgrade their character, or cash out. If you own an NFT at FaraLand, you will be able to attend in-game events, allowing you to earn more FARA tokens.

Heroes are generated by smart contracts to ensure uniqueness, and the project caps hero NFTs at 20,000, which it describes as the soul of the project.

FaraLand features include randomly generated unique heroes, a Hero Floor price system, a Gacha-style machine for multi-token (ERC-1155) equipment, a marketplace with low fees, gaming activities, a DAO platform, a land system, and pet raising. In terms of capabilities, all crypto fans and non-crypto users can participate in FaraLand. Even players who do not use cryptocurrency can join the game and earn tokens. The game combines traditional RPG mechanics with blockchain-based ownership, creating an ecosystem where in-game assets have real-world value.

What makes FaraLand unique and valuable?

FaraLand distinguishes itself through its comprehensive approach to blockchain gaming. The project combines a turn-based RPG with NFT ownership, allowing players to truly own their in-game assets. The play-to-earn model rewards gameplay participation with FARA tokens; token value is market-driven and can fluctuate significantly. The developers have emphasized creating a unique NFT gaming experience with animation and a thousand types of equipment, presenting users with exciting gameplay, fundamentals, and mechanics while emphasizing a captivating storyline.

The project's stated goal to become a flagship game on Binance Smart Chain (BSC) reflects its ambition. FaraLand is described as a collection of exquisite digital collectibles created using blockchain technology, where each collectible is unique, authentic, and varies in rarity. The inclusion of multiple races — human, orc, angel, demon, dragonborn, elf, and fairy — each with unique powers and classes, adds depth to the gaming experience. The platform's accessibility to both crypto and non-crypto users broadens its potential audience and adoption potential. Security information should be verified through the project's published audit reports and official channels; no audit details are confirmed in the available sources. Investing in crypto-assets carries significant market risk, including extreme volatility and the potential loss of your entire capital, and regulatory uncertainty may affect the project.

What is FaraLand used for?

The FARA token serves multiple functions within the FaraLand ecosystem. Players can reinvest in the game, upgrade their characters, or cash out their earnings. Owning an NFT at FaraLand grants access to in-game events where players can earn more FARA tokens. The token facilitates participation in the marketplace with low fees, the DAO platform, the land system, and pet raising mechanics.

FaraLand features randomly generated unique heroes, a Hero Floor price system, and a Gacha-style machine for multi-token (ERC-1155) equipment. The token economy supports gaming activities that allow players to engage in battles and collect digital items with real-world value. The platform enables users to participate in battles and collect digital items that are distinguished by their authenticity, incomparability, and rarity. The ecosystem is designed so that all crypto fans and non-crypto users can participate, with even players who do not use cryptocurrency able to join the game and earn tokens. The FARA token is central to the play-to-earn mechanics, enabling rewards for gameplay and participation in the broader FaraLand universe.

How Is the FaraLand ecosystem developing?

The FaraLand ecosystem continues to develop across multiple fronts. FaraLand v.0.3.2 launched on 11/3/2023, and SKILLSHILF launched on 11/2/2023.

Faraland world represents the broader game universe where owners of the Faraland world can engage with each race unique in powers and classes as well as immensely strong when teamed up. Faraland - The Battle of Crystals is featured on the project overview page. The game includes features such as randomly generated unique heroes, a Hero Floor price system, a Gacha-style machine for multi-token (ERC-1155) equipment, a marketplace with low fees, gaming activities, a DAO platform, a land system, and pet raising. FARA trades primarily via decentralized venues; the FARA/BNB pair is available on PancakeSwap v2. The project maintains an active presence through its website, whitepaper, and community channels including Telegram (t.me/faraland_official), Discord, and Twitter. The ecosystem also includes conversion pairs for FARA to multiple fiat currencies including AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW.

How to mine FaraLand?

FaraLand (FARA) is not a mineable cryptocurrency in the traditional proof-of-work sense. FARA is a BEP-20 token issued on BNB Smart Chain; it is not a mineable proof-of-work coin. Token issuance and distribution are governed by the project's smart contracts rather than by mining. There is no mining process for FARA tokens themselves.

Instead, participants can earn FARA tokens through gameplay activities within the FaraLand ecosystem. The play-to-earn model allows players to earn tokens by participating in battles, attending in-game events, and engaging with the various features of the platform. Players who own NFTs can attend in-game events that allow them to earn more FARA tokens. The platform is designed so that even players who do not use cryptocurrency can join the game and earn tokens through active participation. Token distribution occurs through gameplay rewards, marketplace activities, and participation in the DAO platform and land system. According to CoinMarketCap, total supply is 99,930,069 FARA and no maximum supply is published; the token is not mined.

How to keep your FaraLand Coin safe?

Securing FARA tokens requires attention to both general cryptocurrency security practices and specific considerations for BEP-20 assets on the Binance Smart Chain. Since FARA is a BEP-20 token, it can be stored in wallets that support the BSC network. Users should ensure they use reputable wallet software and verify contract addresses before conducting any transactions.

The official FARA contract address on BSC is 0xf4ed363144981d3a65f42e7d0dc54ff9eef559a1. Always verify this address when adding the token to a wallet or conducting transactions. Hardware wallets provide an additional layer of security for holding digital assets by keeping private keys offline. For active traders and players, using a dedicated wallet for gaming activities can help isolate risk.

Users should be cautious of phishing attempts and fake tokens that may use similar names or symbols. The official FaraLand website at faraland.io and the whitepaper at https://faraland.io/static/faraland-whitepaper.pdf are authoritative sources for project information. Security information should be verified through the project's published audit reports and official channels; no audit details are confirmed in the available sources. When participating in the FaraLand ecosystem, including the marketplace and in-game activities, ensure that all interactions occur through official channels. Regularly updating wallet software and using strong, unique passwords for any exchange accounts holding FARA tokens are also recommended practices.