Mines of Dalarnia
DAR Rank 962 Rank 962
$0.013536 (+0.09%)

Mines of Dalarnia DAR price:

$0.013536 (+0.09%)
1h-0.35%
24h+0.09%
Week-0.82%
Month+41.11%
Year-68.69%
ETH 0.00000633 (-0.85%)
BTC 0.00000018 (-0.51%)
$0.013214 24h Range $0.013973
The live Mines of Dalarnia price today is $0.013536, with a 24-hour trading volume of $477,742.59. DAR has changed +0.09% in the last 24 hours.

Mines of Dalarnia (DAR) Metrics

Basic info
Asset type
Contract Address
Explorers
Market Cap Rank 962
$8,404,595.00 BTC 109.00
All Time High
$4.84 25 Nov 21 % to ATH (35,620.41%)
Volume (24h) Rank 1178
$477,742.59 BTC 6.18
Circulating Supply
Update supply form
620,923,298 Total:800,000,000 Max: 800,000,000

Mines of Dalarnia Price Chart Live

Price Chart

Zoom:
Price change:
High: Low:
real time price:
For more data check CoinPaprika API

Mines of Dalarnia (DAR)

What is Mines of Dalarnia?

Mines of Dalarnia (DAR) is a blockchain-based action-adventure game that combines elements of mining, exploration, and combat. Launched in 2021, the project was developed by a team aiming to create an engaging gaming experience that allows players to explore procedurally generated worlds, mine resources, and battle monsters. The game operates on the Ethereum blockchain, utilizing a play-to-earn model that enables players to earn rewards through gameplay. Its native token, DAR, serves multiple purposes within the ecosystem, including facilitating in-game transactions, staking, and governance, allowing players to participate in decision-making processes regarding the game's development. Mines of Dalarnia stands out for its unique blend of gaming mechanics and blockchain technology, offering players the opportunity to own in-game assets as NFTs. This integration of decentralized finance (DeFi) elements within a gaming context positions it as a notable project in the rapidly evolving landscape of blockchain gaming.

When and how did Mines of Dalarnia start?

Mines of Dalarnia originated in October 2020 when the founding team released its whitepaper, outlining the project's vision and mechanics. The project launched its testnet in December 2020, allowing early users to explore the gameplay and provide feedback. Following the testnet phase, the mainnet was officially launched in April 2021, marking the project's transition to a fully operational platform. Early development focused on creating a decentralized gaming ecosystem that combined elements of mining and exploration within a blockchain framework. The initial distribution of the token occurred through a fair launch model in May 2021, which aimed to ensure equitable access for participants. These foundational steps established Mines of Dalarnia's growth trajectory and laid the groundwork for its community-driven ecosystem.

What’s coming up for Mines of Dalarnia?

According to official updates, Mines of Dalarnia is preparing for a significant update focused on enhancing gameplay mechanics and user experience, with a targeted release in Q1 2024. This update aims to introduce new features, including expanded mining capabilities and improved in-game asset management. Additionally, the team is working on integrating new partnerships that will enhance the game's ecosystem, with announcements expected in the coming months. These initiatives are designed to improve player engagement and broaden the game's appeal within the blockchain gaming community. Progress on these milestones will be tracked through their official channels and roadmap updates.

What makes Mines of Dalarnia stand out?

Mines of Dalarnia distinguishes itself through its unique blend of action-adventure gameplay and blockchain technology, enabling players to engage in mining, exploration, and combat within a procedurally generated environment. The game operates on the Ethereum blockchain, utilizing a dual-token economy that includes a governance token, which empowers players to influence game development and ecosystem decisions. Its design incorporates a play-to-earn model, allowing players to earn rewards through gameplay, which enhances user engagement and retention. The integration of NFTs for in-game assets provides true ownership and the ability to trade items on secondary markets, fostering a vibrant economy. Additionally, Mines of Dalarnia features cross-platform compatibility, allowing players to access the game from various devices, which broadens its user base. The project has established partnerships with various blockchain entities, enhancing its ecosystem and providing players with diverse opportunities for interaction and growth within the game. This combination of innovative gameplay mechanics, economic incentives, and community governance sets Mines of Dalarnia apart in the gaming and blockchain landscape.

What can you do with Mines of Dalarnia?

The DAR token serves multiple practical utilities within the Mines of Dalarnia ecosystem. It is primarily used for in-game transactions, allowing players to purchase items, upgrade equipment, and trade resources. Users can also stake their DAR tokens, contributing to the network's security while potentially earning rewards over time. Additionally, holders may participate in governance proposals, enabling them to vote on important decisions that shape the future of the game and its ecosystem. This democratic approach fosters community involvement and ensures that player interests are represented. For developers, Mines of Dalarnia offers tools and resources for building decentralized applications (dApps) and integrating with the game. The ecosystem supports various wallets that facilitate the storage and management of DAR tokens, enhancing user experience. Overall, the combination of in-game utility, staking, governance participation, and developer support makes the DAR token a versatile asset within the Mines of Dalarnia universe.

Is Mines of Dalarnia still active or relevant?

Mines of Dalarnia remains active through recent updates and community engagement. As of October 2023, the project announced a significant upgrade to its gameplay mechanics, enhancing user experience and introducing new features. Development efforts are currently focused on expanding the game’s ecosystem, including the introduction of new mining areas and in-game assets. The project maintains a presence on various trading platforms, indicating ongoing market activity, with consistent trading volume reflecting user interest. Additionally, Mines of Dalarnia has an active community on social media platforms, where updates and events are regularly shared, fostering engagement among players and investors alike. Recent governance proposals have also been put forth, allowing the community to participate in decision-making processes, which is a strong indicator of its relevance within the gaming and blockchain sectors. These factors collectively support Mines of Dalarnia's continued relevance and activity in the rapidly evolving landscape of blockchain gaming.

Who is Mines of Dalarnia designed for?

Mines of Dalarnia is designed for gamers and blockchain enthusiasts, enabling them to engage in a play-to-earn environment while exploring and mining in a procedurally generated world. It provides tools and resources, including a user-friendly interface and in-game assets that can be traded or utilized within the game. Secondary participants such as developers and creators can contribute by building new game features or assets, leveraging the platform's SDKs and APIs to enhance the gaming experience. Additionally, the project supports community involvement through governance mechanisms, allowing users to have a say in the development and direction of the game. This collaborative ecosystem fosters a vibrant community where both players and developers can thrive, aligning their goals with the growth and sustainability of the Mines of Dalarnia universe.

How is Mines of Dalarnia secured?

Mines of Dalarnia utilizes a blockchain-based architecture that employs a proof-of-stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. This model allows for efficient transaction processing and enhances scalability. Validators are selected based on the amount of cryptocurrency they stake, which incentivizes them to act honestly, as their stake can be slashed in cases of malicious behavior. The network employs cryptographic techniques such as elliptic curve digital signature algorithm (ECDSA) to ensure secure authentication and data integrity. This cryptography safeguards user transactions and protects against unauthorized access. Incentive mechanisms are built into the protocol, rewarding validators with transaction fees and block rewards for their participation in securing the network. Additionally, the project implements governance processes that allow stakeholders to participate in decision-making, further aligning incentives and ensuring the network's resilience. Regular audits and a commitment to security best practices contribute to the overall robustness of the Mines of Dalarnia ecosystem.

Has Mines of Dalarnia faced any controversy or risks?

Mines of Dalarnia has faced certain risks primarily related to the volatility of the cryptocurrency market and the inherent challenges of blockchain technology. As a play-to-earn game that utilizes NFTs and in-game assets, it is subject to market fluctuations that can affect user engagement and the value of assets. Additionally, the project has encountered technical risks, including potential vulnerabilities in smart contracts and the gaming infrastructure. To address these concerns, the development team has implemented regular audits of their smart contracts and game mechanics to identify and mitigate vulnerabilities. They have also established a bug bounty program to encourage community members to report any security issues. Furthermore, the team maintains transparency with their community regarding ongoing developments and risk management strategies. Ongoing risks for Mines of Dalarnia include regulatory scrutiny, as the gaming and NFT sectors are increasingly under examination by authorities. The team continues to monitor these developments and adapt their practices to ensure compliance and safeguard the project's longevity.

Mines of Dalarnia (DAR) FAQ – Key Metrics & Market Insights

Where can I buy Mines of Dalarnia (DAR)?

Mines of Dalarnia (DAR) is widely available on centralized cryptocurrency exchanges. The most active platform is Lbank, where the DAR/USDT trading pair recorded a 24-hour volume of over $472 518.32. Other exchanges include Indodax and PancakeSwap V2 (BSC).

What's the current daily trading volume of Mines of Dalarnia?

As of the last 24 hours, Mines of Dalarnia's trading volume stands at $477,742.59 , showing a 6.57% decline compared to the previous day. This suggests a short-term reduction in trading activity.

What's Mines of Dalarnia's price range history?

All-Time High (ATH): $4.84
All-Time Low (ATL): $0.005122

Mines of Dalarnia is currently trading ~99.72% below its ATH .

What's Mines of Dalarnia's current market capitalization?

Mines of Dalarnia's market cap is approximately $8 404 595.00, ranking it #963 globally by market size. This figure is calculated based on its circulating supply of 620 923 298 DAR tokens.

How is Mines of Dalarnia performing compared to the broader crypto market?

Over the past 7 days, Mines of Dalarnia has declined by 0.82%, underperforming the overall crypto market which posted a 0.57% gain. This indicates a temporary lag in DAR's price action relative to the broader market momentum.

Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.

All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.

Coinpaprika is not liable for any losses resulting from the use of this information.

News All News

Education All Education

Mines of Dalarnia Basics

Hardware wallet Yes
Website
WalletCoins Mobile App
Asset typeToken
Contract Address
Explorers (2)
Tags
  • Ethereum (ETH) Token (ERC-20) (13346)
  • Binance Coin (BNB) Token (BEP-20) (13886)
  • Gaming (637)
  • Play to Earn (P2E) (207)
  • Binance Launchpool (47)

Similar Coins

Mines of Dalarnia Exchanges

Mines of Dalarnia Markets

By Volume
All CEX DEX
* Price / Volume Excluded - Outlier detected
** Volume Excluded - markets with no fees and transaction mining
*** Volume Excluded - no fresh data from exchange API