PEA.FARM The Defi Gaming

in pea •  3 years ago 

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Introduction

Blockchain is a relatively new technology; however, it has proven useful across several industries, including gaming, finance, education, and many others. Decentralization is one important benefit derived from this technology. Especially in finance, the application of blockchain enables a trustless environment where people can transact directly without any need for a third party.

The application of blockchain is also increasing in the gaming sector, as many developers are beginning to integrate smart contracts to regulate the financial aspect of games while also curbing gaming frauds.

Merits of decentralized blockchains in games

Prevention of gaming frauds: Blockchain helps to check against fraud in games, as much as in digital currencies. As an open-source ledger technology, data or gaming assets stored on blockchain are publicly accessible, and they’ve been monitored by several miners on the network against duplication, hijack, and other fraudulent acts.
Third-party elimination: Some developers rely on centralized platforms to manage activities or functions of games, which might require the sharing of users/players’ info for due diligence. However, some developers are able to decentralize and manage several aspects of games through blockchain-based smart contacts. This cuts off the need for third parties.

Financial efficiency in games: This is another enormous benefit of blockchain in the gaming space. Game operators are able to efficiently incorporate and manage the financial aspect of games through smart contracts.

A smart contract is basically a self-executing computer program that functions in accordance with the terms of the agreement that exists on the blockchain. More like an “if/then” program, a smart contract stands as a middleman between two transacting parties. Except both parties are satisfied as per the terms of the agreement, the transaction won’t be executed.

This is very efficient in handling finance in games, ensuring players would actually receive whatever virtual asset they bought.

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PEA Farm is a Defi-based online gaming environment that mixes capital investment with profit-generating in-game activities. In recent years, blockchain and cryptocurrencies have grown in popularity, promising to fill the hole left by the traditional financial system. Blockchain introduces a new method for users to transfer value, allowing them to construct legitimately owned goods that can be traded on the global market.

Furthermore, Peafarm PEA serves as a platform currency in the gaming ecosystem, where it is primarily traded and employed in all gaming and investing procedures and applications. Payments on the Peafarm platform can be made in-game with PEA tokens for the purchase of items, seeds, or the restoration of production equipment to boost the farm's output and profitability.

Large market investments will undoubtedly be attracted as a result of this. On the one hand, the PEAFARM project established the PEA coin, which is its cryptocurrency.

This coin is extremely limited, with only 15 million PEA tokens in circulation; yet, the intrinsic scarcity of PEA tokens enables limitless profit potential for individuals who wish to hold PEA tokens for an extended period. The PEA FARM development team spends 20% of PEA on investments in the blockchain, expanding the game card, refining the system, and regularly updating new features of the program at each step. 6.67 percent will be devoted to Pearl Group affiliate program communication, marketing, and implementation.

The remaining 66.3 percent of PEA tokens will be used to provide investors with access to agricultural programs and Pearl Farms shares, allowing the ecosystem to generate liquidity and long-term profitability. So I endorse the PEA.FARM initiative, which is one of the financial ideas with a lot of promise and will result in massive wealth redistribution. Become the project's first investor! PEA tokens will be utilized to provide investors with access to agricultural programs and Pearl Farm's equities, which will assist the ecosystem to produce liquidity and long-term profits.

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So I endorse the PEA.FARM initiative, which is one of the financial ideas with a lot of promise and will result in massive wealth redistribution. Be the first to participate in this project! PEA tokens will be utilized to provide investors with access to agricultural programs and Pea Farm's equities, which will assist the ecosystem to produce liquidity and long-term profits. PEA.FARM is a financial enterprise with a lot of promise that will result in massive wealth redistribution.

Crop farming is a farming game in which you grow and harvest all of your crops. The higher the crop, the greater the profit; the greater the investment, the greater the profit. With PEA, you'll be able to have more fun while also making more money. We might say that gaming programs are the most popular and effective NFT applications. The PEA FARM ecosystem is a golden egg for those who can invest money, making appealing income from ponds and farming, in addition to the game's enjoyable and creative components.

Product of the Peafarm ecosystem:

The PEA token serves as a trading platform in the Peafarm gaming industry and is primarily employed in all gaming and investing activities and applications.

Payment & Utilize on the Peafarm Platform - You will use PEA and manufactured goods to buy things, seeds, or restore production equipment to boost farm productivity and earnings.

Managing PEA - Having PEA coins grants you the ability to vote on key ecosystem issues. You earn more votes if you have more tokens.

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Receiving investment opportunities from lending is referred to as lending. The PEA token is basic electronic money that may be used to earn from large investment tools.

Roadmap

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ACCURATE INFORMATION:

Website: https://pea.farm
Whitepaper: https://pea.farm/assets/white_paper.pdf?v=1.2
Twitter: https://twitter.com/PEAFARM3
Telegram: https://t.me/peafarm
Yt : https://www.youtube.com/channel/UC9VGk4DDPSDCiru9aK3tMNw

AUTHOR

Forum Username: xilosft2.0
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2763334
BEP-20 Wallet Address: 0x612328C9fc4956EC5522f6078779EB19800Af48D

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