The Avalanche ecosystem is being invested and developed, the game pieces seem to be moving. Roco Finance is the most prominent project among them and attracts the investment of large funds. So today’s post I will dive into what the project is and is it worth your investment?
What is Roco Finance?
Roco is a platform GAMEFI Decentralized providing blockchain services to game developers, content creators, and community of players through the blockchain network.
Roco is built on the Avalanche network used in Roco Finance’s own game ecosystem in addition to supporting or expanding to other game platforms (their partners). Roco Finance plans to accelerate the growth of online games with focused solutions with the goal of helping to support and unleash their full potential.
What is Avalanche Ecosystem? Why build on Avalanche ecosystem?
The main purpose of Roco is to provide NFT solutions, open source software development kits (SDKs), APIs, game add-ons, virtual item management applications, and payment system platform services to developers. Game developers, content creators and community of players through blockchain network
- Roco, Service Provider NFT for game developers and the player community to manage, distribute, and exchange virtual items
- Roco, create Pool Staking and Farming for partner game companies to manage and earn rewards for their players. At the same time, ROCO holders can earn rewards by staking ROCO
- Roco Stater mediate to promote potential game projects. It organizes IDOs to call investors and the community to develop projects together.
In addition, Roco also develops:
- Mobile Wallet
- Build a payment gateway
- Provide applications, development tools or APIs for projects.
- Faster transaction and low cost
- Supplyable rarity of items
- Faster transactions and cheaper storage fees for items outside of the game
- Use items in games that have established a partnership
- Easy and secure in-game item trading
- Allows buying and selling of the rarest and most valuable virtual items in the game as NFT
- Roco token holders can stake their own tokens and earn passive income.
- Roco stakers have priority participation in IDOS at Roco Starter.
- Roco token creators can earn airdrops from partner game tokens.
- Roco Finance will hold an annual buyback program. The redemption amount is 10% of annual sales.
- Roco Finance receives 1% fee for each transaction in the NFT market. Roco Finance distributes all trading commissions to investors.
- 20% of the revenue is used to incubate projects developed through their tools.
- 10% of revenue is used to provide liquidity — Roco and games launched.
- Roco Finance distributes 10% of NFT market item sales from its own games to manufacturers
- 10% of Roco Token revenue from monthly membership fees and revenue will be distributed to the producers. Roco will apply the same reward distribution to all games they will develop in the future
- Open for public sale
- Launching Roco Stake Pools
- Launch of Roco Starter
- Launching NFT Marketplace ver 1
- Integrate Riseonline Starts
- Build a payment gateway and develop a wallet
- Mobile Wallet integration
- Developing new games
- Establish expanded cooperation with games
- Launching Roco NFT marketplace
- Developing products on multiple platforms
Investors & Partners
The project called for $3.6M of investment from big-name funds such as: Alameda Research, Houbi, Ava Labs..
Token Use Case
Roco token has governance effect and as a reward for early investors.
Detailed information about Roco Token
- Token Name: Roco Finance
- Ticker: ROCO
- Blockchain: Avalanche
- Token Standard: ARC-20
- Contract: 0x0592af5414F2f8d90a5ae3C25E937804D3965C87
- Token type: Governance,
- Total Supply: 100,000,000 ROCO
- Circulating Supply: Updating…
- Token sale: 41%
- Foundation: 15%
- Ecosystem: 20%
- Liquidity: 10%
- Strategic Services: 7%
- Sustainability: 7%
- Seed Sale & Private Sale Round: 36M tokens priced at 0.1$
- Public Sale: 5M tokens for $0.12
Token Release Schedule
- Foundation: 6 months course, pay 8.33% every month after that
- Ecosystem: Lock for 1 month, pay 25% quarterly
- Liquidity Provision: 100% Unlocked
- Strategic Services: Lock for 1 month, pay 8.33% every month after that
- Sustainability: 2 years course, 16.66% monthly after that
- Seed & Private: Unlock 10% TGE, lock the first 3 months, then pay 5% monthly for 18 months
- Public sale: 100% Unlocked
Current ROCO Rate
How to own ROCO token
Currently ROCO has not opened a public sale but they are organizing an IDO round sale on Avalaunch, people can register here
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Roco Finance is a project with high expectations when other game platforms on Avalanche have not yet attracted much attention. The project is well-invested and receives the attention of the community. I believe that the project will open up a lot of attraction in the near future.
The above is all information that GTA Research team has researched about Roco Finance project and is not investment advice. Hope this article will help you get the necessary information and give your personal opinion about the project.
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