The information about the DeFi Monster Legends (DMLG) token is as follows: DeFi Monster Legends (DMLG) is a BEP-20 token launched on the Binance Smart Chain (BSC), designed to power Demole, a decentralized 3D role-playing game (RPG) integrating non-fungible token (NFT) technology. Introduced on October 15, 2021, via an Initial DEX Offering (IDO) on platforms like DAO Maker and GameStation, DMLG has a total supply of 500,000,000 tokens. The token’s smart contract address is 0x1c796c140de269e255372ea687ef7644bab87935, built with Solidity 0.6.12 and adhering to BSC’s BEP-20 standard, ensuring compatibility with wallets like Trust Wallet and decentralized exchanges such as PancakeSwap. Demole positions itself as the first playable 3D NFT RPG globally, blending a rich storyline with play-to-earn (P2E) mechanics across PvP and PvE modes.

DMLG serves multiple roles within the Demole ecosystem. It acts as both a utility and governance token, enabling players to engage in various in-game activities and influence the project’s development. Players use DMLG to purchase and upgrade NFT monsters—unique, tradable assets representing characters from five distinct tribes, such as the Tree Tribe or Shadow Tribe—which can be equipped with weapons, armor, and accessories. The token facilitates transactions in the Demole marketplace, where players trade these NFTs, and supports staking to earn rewards or passive income through holding. In-game features like the Training Ground allow monsters to level up and generate DMLG even when offline, while Daily Quests and Arena battles offer additional earning opportunities tied to the token.

The Demole ecosystem leverages BSC’s low gas fees and fast transaction speeds, broadening accessibility for gamers and crypto investors alike. The game’s narrative centers on a chaotic world where monster tribes battle for dominance, with players assembling squads to conquer challenges like World Bosses. Tokenomics allocate portions of DMLG for ecosystem growth, with mechanisms like regular burns and revenue sharing integrated to manage supply, as noted in project documentation. Posts on X have highlighted farming pools opened in March 2022, emphasizing staking incentives, while partnerships with entities like AC Capital, Gate.io, and Raptor Capital underscore its development support. Built by a team with experience in mobile gaming and blockchain, Demole aims to bridge traditional gaming with DeFi, offering a visually engaging experience via Unreal Engine technology.