BKEX set off another industry hotspot with the NFT crypto game PEAFARM coming!
The broad market prospect of the gaming industry has inspired the development of blockchain gaming projects, especially NFT, which makes the items in the gaming world into unique assets and belong to individual players. With the continuous optimization of NFT-related technologies and protocols and the rise of DeFi project to provide a more convenient platform for NFT transactions, the NFT gaming market is gradually heating up. NFT is currently used to build decentralized gaming platforms and issue proprietary platform passes, as well as to prevent copying and copyright-related issues from occurring. Currently, BKEX has gone live with PEA, a high-quality asset in the NFT space and aggregated high-quality resources to support PEAFAM ecological development.
Peafarm is a cryptocurrency game that uses blockchain industry practices to create a special product that is completely independent and irreplaceable. game” to “game as a financial investment field”. In simple terms, gaming is now not only an entertaining game, but also a place to make money investing and making money. In the crypto market, this is a real project with extraordinary charm and value.
In the Peafarm game ecosystem, PEA acts as a platform currency that is primarily traded and used in all game or investment activities and applications. Payments on the Peafarm platform can be exchanged internally within the game using PEA Token to pay for the purchase of items, seeds or to upgrade production machinery, equipment to increase farm productivity and profitability. With only 15 million PEA tokens in circulation, the inherent scarcity of PEA tokens gives unlimited upside potential to those aiming to hold the PEA token for the long term. 20% of the PEA is spent by the Peafarm project development team to invest in upgrading the blockchain, expanding the game map, upgrading the system, and continuously updating new application features through each phase. 6.67% will be used for communication, marketing and implementation of Pearl Group partners’ affiliate programs. The remaining 66.3% of the PEA tokens will be used to give investors access to Pearl Farms’ stake and agricultural programs, helping to create liquidity and long-term profits for the ecosystem.
Owning a PEA means having the right to vote on important work in the ecosystem. The more Tokens you hold, the more votes you get. And with the help of PEA, investors can play games and make investments to earn substantial profits.
Among NFT’s applications, it can be said that gaming applications are the most popular and effective. In addition to the entertainment and creative elements of the game, the Peafarm ecosystem is also a place where people make financial investments while earning substantial profits from diverse farming methods. These are real values, not virtual assets like other online games. the strategy and direction of the Peafarm team was smart enough to determine a time to launch the platform product before token sales. It clearly shows that this is a potential project that is quite solid for investment options.
The idea of PEA was to create a free online farm game for all users to experience. In the world of the game, not only participate in entertainment, but also invest and farm to earn money. All items in the game, all farming activities will be created with valuable products converted into electronic currency in exchange for codes. Regarding the items in the game, using NTF, each item is irreplaceable and they will be a separate smart contract assigned to the corresponding value code. Creating better privacy, verifying user ownership and better security. It is an ecosystem from entertainment to investment and the hundreds of millions of users in the PEAFARM ecosystem will create liquidity and help the ecosystem to grow sustainably.
The PEAFARM goal is to allow users to exchange items harvested from farms in a game system using the easiest and most convenient. PEAFARM releases the PEAFARM ecosystem with PEA tokens on the TRON 4.0 platform and complies with all standards established by the TRC platform. tron uses the Delegated Proof of Delegation (DPos) algorithm, time voting to validate transactions, driving work to be efficient and transparent. In contrast, Ether uses Proof of Work (POW), an algorithm that requires solving mathematical equation nodes, thus making the ERC network less efficient when operating in block conditions. Having a large number of transactions comes with a high transaction fee.
(PEA FARM is migrated to Binance Smart Chain. We should have some notes about this. PEA Developement team planed to implement our ecosystem in BSC in the future)
Peafarm uses blockchain technology and NFTs to create many different digital asset values with the goal of unlocking creativity and giving players ownership. Each NFT has a special, unique value that cannot be divided or replaced by another. NFTs are characterized by scarcity, security and high authentication. In the PEAFARM ecosystem, each member can experience complete facilities and unlimited functionality on the platform. five main applications will be developed in the PEAFARM ecosystem, including: gaming, gathering, agriculture, exchange, and auction. As the best gaming application on the blockchain platform, Peafarm changes everyone’s traditional view of how to play video games. It’s not just a normal entertainment game, fully invest and maximize profits by selling the items harvested from the farm into valuable electronic currency, tokens.
Holding a PEA Token allows interaction with a liquidity provider (LP) and provides liquidity to the protocol’s liquidity pool. In other words, after the PEA Token has been locked for a period of time, the holder will receive the corresponding block rewards, including the PEA and some of the new PEAS Token. all of these mechanisms are governed by a number of independent smart contracts that ensure transparency and security of the assets on the PEA blockchain. Also PEA is the underlying cryptocurrency that can create many other passes for each independent smart contract of the blockchain network.
Like many other blockchain projects, PEA has established a foundation to support and provide investment costs for the operation and development of the PEA ecosystem. The fund also sponsors many affiliate programs with its partners to fund additional ancillary projects and expand the size of the regulated PEAFARM ecosystem. In the future, the fund will also support many other game projects with attractive and high quality content to bring a better game version experience to the community. The asset valuation of the fund will be based on the total value of projects funded by the fund. pea plays an important role in creating liquidity and fixing long-term asset value for a thriving community.
The vision and mission of PEAFARM is to create a merger between video games combined with profitable investment activities in virtual assets, but with the real value of blockchain technology. It can be said that PEAFARM is one of the technology projects that bring the concept of blockchain closer to people and the real world than ever before. In fact, the threshold for trading NFT assets is high as most users are not yet familiar with on-chain operations. The centralized NFT trading venue will greatly reduce the trading threshold of NFT and bring a more friendly and ultimate NFT asset trading experience. The centralized trading platform will also become an important channel for NFT concept popularization, market education and liquidity expansion, promoting the popularity and promotion of NFT.
As a new type of digital asset, NFT has become the next windfall for the blockchain industry to focus on. For exchanges, it is worthwhile to think deeply about what opportunities there are under the new windfall and use it to promote the development of the digital economy. In the context of global digital transformation, NFT will play an irreplaceable role for the future blockchain ecology, and may even become a key driver and cornerstone for many industries to achieve digital economy transformation.
On the contrary, the rise of new exchanges in recent years has started from providing high-quality assets. 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.
For BKEX, we hope to expand a larger NFT market space in the future. In order to facilitate users to better participate in the investment of NFT projects, the industry leader has launched the NFT project trading area. At the same time actively cooperate with high-quality NFT project parties. It is believed that when the exchange enters the market, it will inject more vitality into the NFT market. 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.
