Roco Finance Token Sale at Hoopoe Ventures Launchpad on October 20th
Roco Finance, a game and software development company based in Turkey, Istanbul, is launching a new NFT-based MMORPG play-to-earn game called “Rise Online World”. We will collaborate with Roco Finance to aid in the execution of their $ROCO token on Hoopoe Venures.
Welcome To Roco Finance
ROCO is a decentralized GAMEFI platform which provide blockchain services to game developers, content creators and player communities through the blockchain network. Roco developed on AVAX network for using 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 game itself has been in development for over a year and has garnered interest and investment from some of the most influential backers in the industry, such as Alameda Research and Huobi Capital.
Play & Earn
It is the first project that aims to unite both game developers and player communities with the Play and Earn philosophy via blockchain. 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 asset.
Usecases
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.
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.
Functional Benefits
-Faster transactions and cheaper fees
-Provable rarity of items
-Faster transactions and cheaper fees storage of items outside games
-Use of items in our partner games
-Secure Delivery
-Regulated P2P item trading
-Easy and secure in-game item trading
-Allows most valuable and rare game virtual items to be bought and sold as NFT
Developers Benefits
-R&D costs of partner companies decrease as they use Roco Finance products.
-Genuine ownership will bring more loyalty to gamings.
-We manage the IDO process of game developers with Roco Starter. We support them at every stage of their crowdfunding process.
-Game developers can make initial asset our NFT Market before even at pre-launch or post-launch of the games.
-With the purchases made in our NFT Market, we ensure that all transactions are carried out in a transparent and secure manner. Thus, we minimize chargeback and fraud transactions.
-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 organize 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 distributes all transaction commission to stakers.
-20% of revenue is used to incubate projects developed via our 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 its own games to stakers
-10% of the Roco Token revenue from monthly membership fees and Rise cash sales will bedistributed to the stakers. We will apply the same reward distribution rate for all of our games that we will develop in the future
At the core of it all rests the ROCO token.
Within RocoFinance, you will find:
- An NFT Marketplace
- Farming and Staking Pools
- Gaming Project Launchpad
- Regulated P2P Item Trading
- Crypto Asset Wallet
- Payment Gateways
- Developer Applications & Tooling
Incubated by Hoopoe Ventures
Roco Finance is the latest addition to the Hoopoe VC Incubator and will enjoy ongoing support and guidance from the Hoopoe VC team to achieve their long-term goals.
Meet The Team
As the Lead Development Studio, Roco Finance will focus on implementing fundamental game mechanics and architecture while working with top-tier outsourcing studios on digital art and design.
$ROCO Token Offering Details
Please see blog post here with all the details about Roco Token Economics .
Where Can I Learn More About Roco Finance?
Click the links below!
Who can participate in the $ROCO Token Sale?
Anyone not domiciled in the USA or UN sanctioned countries can participate in the Roco Finances token sale.
*The eligible countries list is selected by Roco Finance. If your country is not listed, this does not mean you are ineligible for future Hoopoe Ventures projects.
How can participate in the $ROCO Token Sale?
Step-By-Step Guide
1. On October 16th, 2021 the application form will release and remain open for 48 hours. During this time, please fill the application form for whitelisting.
2. Complete all of the steps listed, including uploading all of the necessary KYC documents.
3. The Application form will close after 48 hours. Following its close, there will be a waiting period of up to 48 hours as the Roco team finalizes internal processes.
4. Upon the success of your application, you will receive an email confirming the maximum amount you are allowed to contribute to the token offering. Within 24 hours, you have the opportunity to send these funds in to get your $ROCO tokens at Hoopoe.Ventures. Tokens will be distributed on October 20th.
5. DEX listing will be on October 20th or later.
6. For participating ROCO IDO, You must have at least 5 Hoopoe Tokens in your wallet. Tokens will be distributed fairly according to the number of Hoopoe tokens held.
- You can buy Hoopoe Token here
Launchpad dates are subject to change. This is not an endorsement, partnership or an offer for investment by Hoopoe VC. Roco Finance is using the Hoopoe VC Launchpad as a customer, with specific requests as to how they need their launch to operate. Hoopoe VC is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.
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