Introduction

The mobile gaming industry is one of the most actively developing. In 2018, the capitalization of this market will reach 50 billion per year. About 95% of this market is held by monopolists - large companies of mobile video game developers, who, in fact, are just intermediaries between developers and gamers. This causes certain problems and barriers to the development of the industry as a whole. Today we will talk about the ICO of the peafarm chain project, the team of which intends to implement its plans and solve these problems with the help of Blockchain technologies.

Problem

App Store and Google Play once made a real boom in the entertainment industry. It also enabled independent developers from all over the world to monetize their technical talents. More than 10 years have passed since then, and the mobile gaming industry has accumulated significant problems.

Until some time, everything was good – the developers developed the game and earned on it, and gamers chose what they like. But over time, due to the increase in the number of players, marketing has risen significantly and the market took several key players. The rest of the developers were left out of work. According to statistics, 88% of the games App Store and Google Play are virtually untouched.

At the dawn of mobile games, the emphasis in their development, first of all, was put on the quality of the game, its fascination, and the processes of monetization of the game were almost imperceptible. Development costs fought off due to a large number of players and little competition. But now monetization is more noticeable. This is reflected in the greater volume of advertising in a smaller period of free access with freemium monetization models, greater receipt of subscription, etc. This could not be reflected in the quality of content and process, the proportion of consumers moved into other markets. The market growth has become restrained, despite the fact that the number of smartphone users is growing. peafarm sees how to use Blockchain technology to deploy this downtrend to a positive one.

What is Peafarm?

Peafarm is a crypto game that applies the practice of the blockchain industry to creating a special product, completely independent and irreplaceable.

Peafarm’s network and protocol are not merely creating a miniature society in the game, but it is also creating residual value calculated in digital assets. The traditional concept and approach “Game is an entertaining game” has been transformed by their team into “Game is an area of financial investment”.

In simple words, games are now not only entertaining games, but also a place to profitably invest and make money. In the crypto market, this is a truly project that offers remarkable charm and value.

Peafarm ecosystem product:

In the Peafarm games ecosystem, the PEA token acts as a platform currency to be traded and used mainly in all gaming or investment activities and applications.

Payment and use on Peafarm platform – You can use PEA for internal exchange in-game to pay for the purchase of items, seeds, … or to upgrade production machinery, equipment to increase productivity and profit for the farm.

PEA Governance – Owning PEA tokens mean that you have the right to vote on important jobs of the ecosystem. The more tokens you hold, the more votes you will get.

Lending – Making profitable investments from Lending. PEA token is the underlying electronic currency that helps you to generate profits from these financial investment tools.

Yield Farming – It is simply playing games based on a farmer who plants and harvest all his crops. The more you farm, the more the harvest, the more the invest the more the profit. With PEA you will be able to enjoy playing games and invest in making great profit.

PEA token details:

Token name: PEAFARM
Title: PEA
Blockchain: TRC20
Contract: TPZwZjcnGeoTGk6K8hhsc8nSuLpcaWEYkV
Token Type: NFT
Consensus: Delegated Proof of Stake
Total Supply: 15,000,000
Circulating Supply: 1,500,000

Among NFT’s applications, it can be said that game applications are the most popular and effective. In addition to the entertainment and creative elements in the game, the Peafarm ecosystem is also a golden egg for people to invest financially when creating many attractive profits from staking and farming.

Those are real value, not virtual assets like other online games.

The strategy and direction of the Peafarm team are quite smart and sure when launching the platform’s product before the token sale. It clearly shows that this is a potential project and is quite reliable for investment options.

Peafarm deserves a potential ecosystem that you should consider in your portfolio.

Official resources of the Peafarm project:

Website: https://pea.farm/
Telegram Official: https://t.me/pea_farm
Telegram Channel: https://t.me/peafarm
Twitter: https://twitter.com/PEA_FARMM
LinkedIn: https://www.linkedin.com/company/pea-farm/about/
Facebook: https://www.facebook.com/PEA-FARM-113676433824777
Medium: https://medium.com/@peafarm

Author:

User Name : NGANTUK
BTT profile : https://bitcointalk.org/index.php?action=profile;u=2750529
BSC Wallet : 0xC8201cadb909b923157e87b904551188a2c76F4b