What is PocketArena ?
Pocket Arena is a Play-to-Earn based NFT DApp games portal and platform that supports skill-based tournaments and user-generated NFT gaming with an NFT Marketplace. The Pocket Arena (PA) is powered by the Pocket Arena Token “POC”, an ERC20 & BEP20 utility token, designed to give real rewards to all players and to function as Pocket Arena DApps’ NFT gaming token.
2. What is Pocket Arena? (PA)
Esports in Mobile Metaverse
Pocket Arena is a NFT games portal and platform on blockchain technology for skill-based tournaments and user-generated contents merged into Pocket Metaverse. The goal of Pocket Metaverse is to create a true web 3.0 ecosystem wherein creators and users can create, develop and trade their own NFT contents and digital assets, and experiences while carrying out day-to-day commercial activities in the virtual world.
Key Elements of Pocket Arena
As a pioneer of innovations and technologies, Pocket Arena supports skill-based tournaments and user-generated NFT gaming with an NFT Marketplace. With the user-friendly motto “Have fun, win and earn” ingrained in all the offerings, here are the key aspects of Pocket Arena.
2.1 Pocket Arena as an NFT Platform
Blockchain-built games enable players to effectively capture the utility and value of in-game purchases and asset acquisitions. Blockchain technology in gaming is driven by non-fungible tokens (NFTs), digital assets that represent in-game content. These NFT tokens are unique, rare, and indivisible. The blockchain networks that underpin NFTs facilitate player ownership and provable scarcity.
2.1.1 Esports NFT Gaming Platform
The worldwide eSports gaming market has been growing at a rapid rate. This market has been developed by certain professional players by hosting offline events focusing on hardcore games. However, since the Coronavirus pandemic, the trend has been changing. It is transforming into an online-oriented, casual game-oriented social eSports tournament that ordinary people can enjoy on mobile phones.
The worlds of esports and crypto are fast converging. The convergence, dubbed "play-to-earn" (more broadly part of the decentralization movement called "web3"), is expected to upend the traditional business models in the game industry.
The whole new paradigm is based on getting real-world value out of in-game items and other types of digital goods (that can be traded, bought, or sold) using NFT components. These items have identifiers that ascribe a variable value to them.
The idea is simple: Instead of funneling money into a gaming title, be paid to play it, with built-in incentives to reward one’s time.
2.1.2 Metaverse NFT Platform
Embedded on Blockchain technology, metaverse presents massive potential in the adoption of NFTs and cryptocurrencies for transactions. The right metaverse platform will offer a huge opportunity for the entire blockchain ecosystem, driving a boom in the development of the crypto world.
And that’s where Pocket Arena steps in...
PocketArena realizes the endless opportunities Metaverse presents. It helps users unlock new capabilities in the realm of the digital world with an affordable and enriched experience.
The aim as a play-to-earn gaming portal is to create a metaverse platform that will radically increase the accessibility of products and services, giving users luxurious experiences virtually.
2.1.3 User-generated NFT Platform for Brands + Creators
Adding to its list of exciting traits, Pocket Arena enables a user-generated NFT platform for brands as well as individual creators. The metaverse allows users to create their own digital avatars reflecting their personas when they play games, and buy assets and products.
Emoji Games will first create and mint NFT emoji avatars so that users get fully accustomed as they play. Later, the platform will allow brands and creators to come up with their own avatars that they can then use to buy, trade, or even sell.
A platform where various creators and their avatars can coalesce is something Pocket Arena strives to achieve. The goal is to create a true web 3.0 ecosystem wherein creators and users can create, develop and trade their own NFT contents and digital assets while carrying out day-to-day commercial activities in the virtual world of Pocket Metaverse.
2.2 PocketArena Wallet and NFT Marketplace
PocketArena Wallet is a private blockchain-based eWallet for PA-supported cryptocurrencies, including NFTs to store, send and receive the public keys and private keys in a safe and user-friendly way. PA Wallet runs on a Distributed Ledger Technology (DLT) - Hyperledger Fabric node, an open-source distributed ledger technology.
Because all Pocket Arena in-game asset transactions occur within DLT-based PA Wallet, with a single login to PA Wallet, PA users can enjoy various PA games and conduct secure, fast, and gas-free transactions of NFTs within PA Wallet.
By Q2 2022, this PA Wallet based on DLT Hyperledger Fabric will support Ethereum 2nd layer public blockchain for NFTs and POC transactions within PA Wallet. Therefore Pocket Arena’s NFT holders can trade their NFT assets in open markets (e.g. Opensea)
2.3 POC Token
Pocket Arena is powered by the Pocket Arena Token “POC”, an ERC 20 and BEP 20 based utility token, designed to give real rewards to all players and to function as Pocket Arena DApps’ NFT gaming token. POC are rewarded to Pocket Arena ecosystem participants ( players, game developers, etc) and it is used as the main cryptocurrency for all NFT P2P trading within Pocket Arena. Also, by using POC, users can earn participation in assorted events within the PA ecosystem.
Games currently in service