What is Pocket Arena? Complete set of Pocket Arena and POC tokens

Overview of the Pocket Arena project

What is the Pocket Arena Project?

Pocket Arena is both a portal and a platform to support NFT games built on blockchain technology. Pocket Arena also supports tournaments similar in concept to eSports tournaments.

Anyone can participate in tournaments of games on Pocket Arena. Everyone can experience the games and receive attractive rewards. POC is the token of Pocket Arena, an ERC-20 standard utility token that is used as a reward for all players.

Pocket Arena will give players ownership of in-game assets. At the same time, the project allows them to increase the value of those assets by actively playing games. These are considered the main components of the Play-to-Earn model that Pocket Arena is aiming for.

What are the highlights of the Pocket Arena project?

Tournaments of games on Pocket Arena are similar in concept to eSports tournaments. Games on the Pocket Arena platform are playable in web browsers (HTML5). Through participating in the game and winning tournaments, players can receive attractive rewards of POC tokens. Players can get free POC based on their experience points (XP). 

Besides, Pocket Arena also provides free PA SDK software development kit for game developers. Thereby, they can easily add functionality similar to eSports tournaments and integrate crypto rewards for players. Pocket Arena supports not only POC but also BTC, ETH and USDT, allowing players to participate in eSports and receive rewards in multiple cryptocurrencies. In addition, Pocket Arena also supports many different types of tournaments.

The main components of the service provided by the project

Pocket Arena (PA) : There will be 2 main forms of competition as follows:

  • PA Challenge 1:1: Matches on Pocket Arena will take place in a duel (1:1) format, so the matches don't need to be synchronized. This means that matches start immediately when players start participating in the tournament. The system will suggest the opponent along with the player's level
  • PA Tournament/Championship: This is an online tournament with the participation of 16 people divided into 8 teams. They will go through many rounds and the champion position is only for one person. The winners after each round are rewarded with POC tokens

POC Token : An ERC-20 standard token that runs on the Ethereum network. In 2018, POC was recognized by Swiss financial watchdog FINMA as the cryptocurrency of Pocket Arena, PA-Dapp game and PA Wallet.

PA Wallet: An eWallet using blockchain technology for storing, sending, and receiving cryptocurrencies supported by Pocket Arena, including NFT. PA Wallet is deployed based on distributed ledger technology (DLT - Distributed Ledger Technology) and Hyperledger Fabric will ensure the safety of storing assets on it. Some notable points of PA Wallet:

  • PA Wallet for Pocket Arena-powered digital assets, giving access to games on the platform with a single sign-up
  • PA Wallet stores private keys in HSM on Google Cloud located in Zurich, Switzerland and manages keys using KSM
  • This wallet uses Hyperledger Fabric technology for fast transaction processing speed, no cost, especially the user's personal information is absolutely confidential.
  • NFT Marketplace integration for blockchain games

How to make money in Pocket Arena 

For developers:

  • 10% of player's POC token reward will be divided among game developers
  • 10% of the PA eSports participation fee will be divided between the developer and Emoji Games in a ratio of 5:5.
  • Developers can get 70% profit share when in-game items are sold on NFT marketplace via PA Wallet

For players:

  • Users register for a Pocket Arena account and connect PA Wallet to participate in games and will receive a POC reward based on the XP experience points they accumulate. To participate in the tournaments, players will have to pay part of the participation fee in POC tokens and the winner will receive 90% of that total.

Pocket Arena developers, investors and partners (POC)

Development team

Pocket Arena is developed by Emoji Games team led by CEO Hyong Kim, a British man of Korean descent. In addition, Emoji Games team also has 40 members with more than 15 years of experience in many fields such as Marketing, Games... Currently the company is headquartered in 6 countries: Switzerland, United Kingdom, Canada, Korea, Vietnam, Thailand, head office is located in Lucerne, Switzerland.

What is Pocket Arena?  Complete set of Pocket Arena and POC tokens

Investors and partners

Pocket Arena is invested by Signum Capital, Unanimous Capital and Master Ventures. In addition, the project also cooperates with large corporations such as Samsung, EA Sports, SEGA, Gameloft, Facebook ...

What is Pocket Arena?  Complete set of Pocket Arena and POC tokens

Overview of POC . tokens 

What are POC tokens?

POC is the official token of Pocket Arena. When playing Pocket Arena (PA) game, investors can earn a certain amount of experience (XP) and these XP can be converted into POC. In addition, the POC has the following functions:

  • As a reward for players and participants of the Pocket Arena ecosystem
  • Act as a means of payment for the NFT Castle 

Details of the POC . token

  • Ticker: POC
  • Blockchain: Ethereum
  • Total Supply: 1,000,000,000 POC
  • Circulating Supply: 2,000,000 POC

POC Token Allocation

  • Private Sale: 4.8%
  • Public Sale: 0.075%
  • Advisors: 5%
  • PA Team, Employees: 10.5%
  • Company Reserves: 15%
  • Reward Pool: 20%
  • Guild Support Program: 5%
  • Development: 10%
  • eSports broadcasting: 3%
  • Marketing: 6%
  • Liquidity: 5.425%
  • Partnership: 3.2%
  • Staking: 12%

POC . Token Allocation Schedule

The time to allocate 1,000,000,000 POC tokens will be detailed in the figure below. 

How to own POC token tokens

Recently, Pocket Arena opened POC token sale in the form of IDO on Ignition platform (Paid Network) on November 10, 2021. It is expected that POC will be available on PancakeSwap after the IDO event takes place a few days.

What is Pocket Arena?  Complete set of Pocket Arena and POC tokens

The future of the Pocket Arena project and should it be invested in POC tokens?

Since the launch of the game NFT Castle Defense, Pocket Arena has reached nearly 20 thousand users. This is quite an impressive number for a new project like Pocket Arena. The project is developed by Emoji Games company with more than 15 years of experience in the industry. In addition, Pocket Arena also cooperates with big game companies such as EA Sports, Gameloft... However, any investment is risky, so investors need to evaluate carefully to find the answer to the question. “Should I invest in this project or not?”. 

Some official information channels of the project that investors can follow: Website | Twitter | Youtube | Facebook | Instagram | Telegram | Discord | Medium | Whitepaper .

summary

Thus, TraderH4 has just brought to readers all information about the Pocket Arena project and the POC token. The project was created with the goal of building a game ecosystem that is diverse and accessible to gamers. Here, people not only experience the games, but also can earn extra income for themselves.

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