PEA.FARM The Defi Gaming

in #peafarmspeatrade3 years ago

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INTRODUCTION

The gaming industry is growing rapidly. Its revenues are growing by leaps and bounds: as of 2017, it has already overtaken the film distribution market and even the sports industry. Perhaps the reader will be interested to know who gets the biggest piece of this huge money cake? Maybe the game developers for their hard work?

The growing popularity of games is spurred by scientific and technological progress, thanks to which there are all new devices for content consumption: smartphones, game consoles of a new generation, virtual reality glasses. As practice has proven, a person learns better in a playful way. Here is an example – the love of games and kittens not so long ago almost brought down the Ethereum blockchain. For those who do not know – we are talking about the payments of the game CryptoKitties, which in December 2017 amounted to 15% of the total number of transactions.

Blockchain is a relatively new and untapped technology, and the rules of the centralized market are currently dictated by large companies. To sell their game, developers have to spend about 50% of revenue for the placement of the game and advertising. This money goes to giant companies such as Google, Apple, Steam, Facebook and many others. Since not all studios can afford it, the market remains a monopoly of major developers.

Today we will talk about the PEA FARM project, whose goal is to aims to become the long-awaited platform for virtual farm game system using blockchain technology and NFT to create many different digital asset values for the purpose of unleashing creativity and giving ownership to players.

Problems

There are many problems in the market that can be solved with the use of blockchain and smart contracts:

  • monopoly of large companies - large services for placing games for sale attract a lot of people, but take a lot of money for their services;
  • monopoly of large studios - small players do not have enough money to pay for mediation services, which prevents the entry of promising and interesting developments on the market;
  • monopoly in the advertising market - effective advertising from major providers is expensive and not everyone can afford;
    licensing issues – intermediaries have to be paid to enter other countries ' markets;
  • payment issues - national markets usually only support the national currency, causing developers to look for partners who need to pay;
  • payments to developers - centralized platforms usually delay payments for two months, which creates financial problems for small companies;
  • the need to take into account the rules of the distribution platform - it kills the creative component, the games are made for the platform, not for gamers;
  • In order to reach a payback, the developers have to raise the price of their product, which negatively affects the end users, that is, us. As a result, people are buying less licensed products and developer profits are falling.

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What is Peafarm?

PEA Farm is an online Game DeFi ecosystem, which combines capital investment from profitable in-game activities. PEA Farm was initially launched on the TRON blockchain and is now migrating to Binance Smart Chain to expand their ecosystem.

To find out more about PEA.FARM Let's go...

Within the Peafarm gaming ecosystem, PEA acts as the platform currency primarily traded and used across all gaming or investment activities and applications. It will surely attract a large market investment. on the one hand the pea.farm project launched their own coin called PEA coin. This coin is very limited and has only 15 million PEA tokens in circulation, the inherent scarcity of PEA tokens provides unlimited profit potential for those who wish to hold PEA tokens for the long term.

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Pea.Farm list in BKEX

In the blockchain industry, the core function of exchanges is to help users find high-quality assets and enhance their trading ability, rather than focusing on short-term profits. Cryptocurrency exchanges should not only provide users with diversified trading varieties to meet their diverse trading needs, but also, and more importantly, select high-quality projects for users and provide a wealth of secure trading tools. Commitment to creating real value for users is the foundation of the exchange in the long term. At the same time actively cooperate with high-quality NFT project parties.
bkex will be the first to launch high-quality assets in the NFT field, and also provide support for the ecology of NFT, including market resources, brand resources, community resources, overseas resources, technical resources, etc…
@PEAFARM IS REGISTERED ON BKEX:
— Trading pair: PEA/USDT
— Trading time: 18:00 on Jun 5 (UTC+8)

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Product of the Peafarm ecosystem

In the Peafarm gaming ecosystem, the PEA token acts as a platform currency to be traded and primarily used in all gaming or investing activities and applications.
Payment and use on the Peafarm platform — You can use PEA for internal in-game exchange to pay for the purchase of items, seeds,… or to upgrade production machines, equipment to increase productivity and farm profits.
PEA governance — Owning PEA tokens means you have the right to vote on important jobs in the ecosystem. The more chips you hold, the more votes you will get.
Loans — Make profitable investments through loans. PEA token is the underlying electronic money that helps you generate profit from these financial investing tools.
Yield Farming — This is simply playing games based on a farmer who plants and harvests all of their crops. The more we cultivate, the more we harvest, the more we invest, the more we profit. With PEA, you will be able to play games and invest to make big profits.

PEA Token Detail

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Team

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Conclusion

The fact that the game industry will only benefit from the appearance of Peafarm, there is no doubt. Simple gamers and developers feed a huge number of intermediaries, the prices of games are growing, and promising beginners are becoming less. The idea of the project is interesting and necessary. The use of blockchain and smart contracts will help to bring the industry to a new level. The project is designed to make life easier for developers and to please gamers with a huge selection of quality games.

Among the success of the team – the development and launch of the popular game CryptoAlpaca, which currently has about 1000 active users. At the end of 2018 – beginning of 2019, it is planned to release a mobile and web version of the platform. Of course, investors would be interested to see them before participating in the ICO.https://pea.farm/account/register?refId=70c7b172-843b-40ed-b1cb-2776a679b38e

Heroes of the review – a young team of developers, struggling to take a place in the sun in the gaming industry. All anything, here only reformers of the market a dime a dozen among whom there are very venerable rivals. Will the team stand the competition? Resource ICOHOLDER, evaluates prospects as"positive".

It is clear that the decentralized platform will significantly benefit against the background of the current dominance of monopolists. The subjective assessment of the project is positive, but I would like to see something that would distinguish the guys from the competitors. We hope that they will collect the required amount and will make a revolution in the gaming industry, which is now spoken about by so many people.

The official resources of the project PEA FARM:

website: https://pea.farm/
twitter: https://twitter.com/PEAFARM3
linkedin: https://www.linkedin.com/company/pea-farm/about/
telegram: https://t.me/PEAFARM_chat
media: https://pea-farm.medium.com/

AUTHOR

Forum Username: zapetto17
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2754380
BEP-20 Wallet Address: 0xde60890F50Cc028dAc0CD22f80b73429463c3748

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