These features have turned me into a long-term holder as it is, but then, I found out there was more. In addition to evolution, staking will also be available. Each token up will be more “rare” hence more valuable. When the other two tokens are released, users will be able to evolve up to the next token at a set ratio. Owned by GameFi AG, a company incorporated in Switzerland, Pika has a revolutionary three token system which also is evolutionary.
Pika has since continued to prove me wrong. Cute mascot, catchy name, cheap price – perfect for the next moon-meme coin right? Wrong! (Wrong about Pika being a meme – coin, not about going to the moon.) Which you can find a link to at the end of this article. “PIKA technically, is a small, mountain-dwelling mammal found in Asia and North America, with short-limbs, a very round body, even coat of fur and no external tail, it is closest to representing a hybrid between a mouse and a rabbit. So, in short, the token today is Pika, named after its mascot the Pika. Little did I know what all the project would turn into and how much work the team was putting in behind the scenes. A hopeless shill if you will.Īt that time though, it was known as pikachu token which had been abandoned by the original devs as basically a rug pull and the new team came in and was reviving the token as well as preparing for a new token swap in order to avoid any issues with the name. What I found was Pika Crypto, only mentioned in one comment, way down below in a video’s comment section.
After my success with Ethereum I began watching YouTube videos about crypto, looking for the next best play. At that time, I didn’t know anything behind the functionality of Ethereum, I only knew it was being “hyped” in every fashion on social media, the news, and so on. I made my first decent profit from trading Ethereum. Clearly, I transitioned from the stock market. I love that when I first started I referred to buying BTC as buying “shares”. When you dive right in you are hit with various terms that leave you wondering just what you got into. The NFT marketplace will be focused on blockchain gaming NFTs and avante garde artists, join our telegram community for weekly updates and product sneak peaks at Telegram.The world of crypto is a pretty confusing space. Non-Fungible Tokens and other upcoming blockchain based technologies are going to replace legacy gaming items, traditional card games and even drive advertising and physical world applications as augmented reality becomes part of daily life. Smart contracts have already made a huge impact on finance, particularly decentralized finance. With the logo, “Life is a Game” and the realization of the coming adoption of NFTs, smart contracts and cryptocurrency technology into every facet of life, GameFi AG aims to position itself at the forefront of this movement. This will also be tied to the evolution system. Currently a liquidity provision staking system is being tested and is set for release late August. PIKA’s contract is currently released and the ERC-20+ Token has unique tokenomics, the grand vision is a 3 tiered token system where you can use PIKA to evolve into other tokens. Using the services provided by PST Law and Consulting, the team was able to satisfy the regulation requirements by Swiss Authorities. The Swiss authorities accepted PIKA (GameFi’s crypto) as payment for the fees and capital associated with incorporation. After over a week of deliberation, contract formation and regulation adaptation, GameFi AG was brought into existence. In the middle of July half of the team flew from their home countries to Switzerland to meet with PST Law and Consulting to incorporate PIKA into a company, soon to be called GameFi AG. One that would allow PIKA to reach new heights and draw the attention of audiences worldwide. So, the time had come to form an official company. However, it was clear that the team needed more legitimacy and structure to bring the vision to reality. This core team created the PIKA ecosystem, consisting of three tokens, interacting within a unique system of tokenomics and each also having individual utility. As PIKA developed, a core team was formed consisting of developers, marketers, designers, and intellectualists. PIKA is the foundation of GameFi AG, a cryptocurrency that is running on the Ethereum network as an ERC-20 token. A dozen or so took the reins and began to manifest these ideas into reality. This idea grew from the collective consciousness of a small community of game enthusiasts.
GameFi AG started the same way that everything else does, an idea.
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