Roco Finance is a decentralized gamefi platform that provides blockchain services to game developers, content creator and player communities. It is the first project that seeks to unite game developers and player communities with the play to earn philosophy.
Roco developed on AVAX network for use in Roco Finance’s own game ecosystem and partner games. Roco Finance plans to drive the evolution of online gaming with targeted industry-focused solutions to help promising gaming projects reach their full potential.
The online gaming sector has experienced tremendous growth over the last few years. However, all is not rosy, as the multiplayer gaming niche still suffers from several issues that limit its potential.
Some of these problem includes :
★The Problem Of p2p Trading
Peer-to-peer trading of in-game items between players is quite arduous. This is because most gaming platforms are not optimized to facilitate secure peer-to-peer trading for multiplayer games. Gamers who want to trade in-game items have to go outside of the game and use other item-swap platforms, exposing themselves to the risk of fraud. This flaw increases the chance of unfair trades and duplication.
★Lack Of Flexibility
There is an absence of in-game currency flexibility in many online games. This means that gamers cannot transfer and use the same currency across different game platforms — they are forced to grind for a new type of currency on each game. The grinding process can be time-consuming and creates unpleasant gaming experiences.
★The Blockchain Barrier Of Entry
While blockchain gaming integration sounds like a great idea for game developers, carrying out this process can be quite burdensome. It requires a tremendous amount of research, marketing promotion, and security updates. This is one of the reasons many online gaming companies steer clear of blockchain technology. However, considering the merits that blockchain can provide, this looks like a lost opportunity to build multiplayer games with new, incredible features powered by blockchain.
★Crypto Marketing Limitations
Developers that manage to integrate blockchain gaming and token-based features into their game functionality face the next hurdle of marketing these unique traits of their game. Cryptocurrency-powered games are not yet mainstream. Given this fact, it is difficult and expensive to convince players or investors to hop on this bandwagon.
The Roco Finance Solution
While the aforementioned issues hold back online gaming, Roco Finance has developed novel solutions to help the online gaming niche break free from these shackles.
★Secure Peer-To-Peer Trading Solution
Roco Finance created its NFT market place which allows gamers to easily purchase or sell their in-game items in the form of non-fungible tokens (NFTs). This platform is fully transparent and gives gamers the ability to buy sought-after virtual items or sell them with peace of mind.
★The ROCO Payment System
Roco Finance native token, $ROCO is the primary facilitator of payment within the Roco Finance t ecosystem. All games powered by Roco Finance will have $ROCO integrated into their game economics. This means that players can transfer and use their in-game currency across different game platforms!
★Provision Of Blockchain Infrastructure
Roco Finance helps game developers integrate blockchain gaming features into their games by providing crucial blockchain infrastructure including; APIs, open-source software development kits (SDKs), virtual items management applications, and an optimized crypto-powered payment system. This will lower the barrier to entry for gaming companies interested in taking advantage of blockchain technology.
★Blockchain Gaming Marketing Solutions
Roco Finance helps blockchain-based games to promote and market their products through the Roco Starter IDO. Roco Finance will organize IDOs for promising projects, provide technical support and contribute to their token economics during the seed and incubation stage of development.
Play & Earn
While making improvements for players to gain crypto assets in the game with game add-ons, it also provides a decentralized platform service where players can buy and sell their virtual items with the NFT Market, thus ensuring that NFTs have real-world assets.
Usecase
Roco, provides NFT services to game developers and player communities for the management, distribution and exchange of virtual items. It enables these transactions to be carried out over the blockchain network. Players can bring their in-game earnings to real-world values, or exchange real-world values into the game, and grow their digital wallet for real value while playing. Players can trade in the real world while having fun.
Investor Benefits
★Roco token holders can stake their own tokens and earn passive income
★Roco token stakers have priority participation in IDOs at Roco starter
★Roco token stakers can earn airdrops from partner games tokens
★Roco finance will organise a buyback program every year. Buyback amount is 10% of annual revenue
★Roco finance receives 1% fee for each transaction at NFT market. Roco finance distribute all transaction commission at stakers
★20% of revenue is used to incubate projects vai tools
★10% of revenue is used to provide liquidity Roco and launched games
★Roco Finance distributes 10% of the NFT market item sales revenue of it's own games to stakers
★10% of the Roco token revenue from monthly membership fees and rise cash sales is distributed to the stakers
Staking & Farming Pools
Roco, creates staking and farming pools for partner gaming companies to manage and earn rewards for their players. At the same time, Roco token holders can earn rewards by staking their tokens in staking pools. Roco also provides open-source software development kits (SDKs), APIs, game add-ons, virtual items management applications and a payment systems platform service. Roco Starter mediates the promotion of promising game projects in the seed and incubation stages. It organizes IDOs for partner companies to meet and invest with player communities. It provides technological opportunities for partner companies to use the blockchain infrastructure. Provides technical support. It contributes to the token economy of projects with the staking and farming efficiencies that will be provided after the seed and culture phase, and provides safe trading opportunities to investors with the liquidity provided.
Tokenomics
The $ROCO token is an Avalanche native asset.
Total Supply :- 100M
Token type:- ERC-20
Token name:-ROCO
ContractAdress:- 0xb2a85C5ECea99187A977aC34303b80AcbDdFa208
Circulating Supply :- 8,600,000 ROCO.
Final Thought
Both online Gaming and Blockchain are two industries that have been rapidly growing. ROCO finance combines the two in a unique way with interesting benefits for all of its users.