Roco Finance

Introduction

ROCO is a decentralized GAMEFI platform that provides 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.

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.

Advantages

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 offerin at 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.

Investors Benefits

• 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.

Problems & Solutions

Roco Finance Pilots Blockchain Gaming Solutions

Blockchain gaming platform, Roco Finance is piloting unique solutions for the numerous problems plaguing the gaming space. By combining blockchain technology infrastructure with its gaming solutions, the Roco Finance platform lowers the entry barriers for game developers, content creators, and player communities.

Problems

The Online Gaming Dilemma

The online gaming sector has experienced tremendous growth over the last few years, with its total revenue standing around $200 billion. However, all is not rosy, as the multiplayer gaming niche still suffers from several issues that limit its potential.

The Problem Of p2p Trading

Peer-to-peer trading of in-game items between players is quite arduous. This is because most gaming platforms are not optimized to facilitate secure peer-to-peer trading for multiplayer games. Gamers who want to trade in-game items have to go outside of the game and use other item-swap platforms, exposing themselves to the risk of fraud. This flaw increases the chance of unfair trades and duplication.

The Blockchain Barrier Of Entry

While blockchain gaming integration sounds like a great idea for game developers, carrying out this process can be quite burdensome. It requires a tremendous amount of research, marketing promotion, and security updates. This is one of the reasons many online gaming companies steer clear of blockchain technology. However, considering the merits that blockchain can provide, this looks like a lost opportunity to build multiplayer games with new, incredible features powered by blockchain.

Crypto Marketing Limitations

Developers that manage to integrate blockchain gaming and token-based features into their game functionality face the next hurdle of marketing these unique traits of their game. Cryptocurrency-powered games are not yet mainstream. Given this fact, it is difficult and expensive to convince players or investors to hop on this bandwagon

Solutions

Secure Peer-To-Peer Trading Solution

Roco Finance created its NFT market place which allows gamers to easily purchase or sell their in-game items in the form of non-fungible tokens (NFTs). This platform is fully transparent and gives gamers the ability to buy sought-after virtual items or sell them with peace of mind.

The ROCO Payment Gateway System

Roco Finance native token, $ROCO is the primary facilitator of payment within the Roco Finance ecosystem. All games powered by Roco Finance will have $ROCO integrated into their game economics. This means that players can transfer and use their in-game currency across different game platforms!

Provision Of Blockchain Infrastructure

Roco Finance helps game developers integrate blockchain gaming features into their games by providing crucial blockchain infrastructure including; APIs, open-source software development kits (SDKs), virtual items management applications, and an optimized crypto-powered payment system. This will lower the barrier to entry for gaming companies interested in taking advantage of blockchain technology.

Blockchain Gaming Marketing Solutions

Roco Finance helps blockchain-based games to promote and market their products through the Roco Starter IDO. Roco Finance will organize IDOs for promising projects, provide technical support and contribute to their token economics during the seed and incubation stage of development.

Roco Finance Community Offerings

Roco Finance is a community-backed protocol that seeks to make user-friendly offerings accessible to developers and network participants. These community offerings serve to facilitate a healthy circular token economy and provide liquidity to support promising projects. Some of these offerings include:

Staking: Network participants can stake their ROCO tokens to earn passive recurring income via Roco Finance’s staking mechanism.

NFT Marketplace: Through its NFTs marketplace offerings, Roco Finance network users can purchase a unique permanent certificate of ownership of digital assets.

Liquidity Provision: Roco Finance ensures that developers can access seed funding and liquidity while rewarding the community for their participation.

The exchange of very valuable items in the game cannot be performed with the existing value in the game. This causes item exchanges to be exchanged outside of the game platforms or p2p trading. There is a high rate of fraud in p2p trading , which does not have any standard or rules. By transferring Roco tokens into the game, users will be able to easily exchange these valuable items. Thus, fraud attempts will be eliminated. Users can also use Roco tokens outside of the game, purchase items from the NFT market, or convert them into dominant crypto assets such as Avax,. Players who find the p2p item trading unsafe are using item swap platforms. In this case, they have to pay both time-consuming and high commission rate. This is the main reason that triggers p2p trading. Users who do not want to pay high commissions prefer to exchange among themselves, and this situation increases the number of victim users and at the same time has a negative effect on the brand value of the games.

Roco NFT Market allows you to purchase all virtual goods as NFT. NFT, in other words “Non-Fungible Token”, is defined as a “unique digital asset” that contains evidence of the digital equivalent of a picture, sound file, video or physical asset. Roco uses this technology to transform virtual items into unique digital assets. With the blockchain, it transforms the trading system into a fully transparent, while also eliminating the ownership problem. Each game has its own game currency. This value can only be used in those games. This situation creates a negative effect for users who want to experience different games. This financial behavior of the players also reduces the user demand for new games. With the payment gateway platform that Roco Finance has developed, Roco tokens turn into a mutual value tool for all games. Players have the opportunity to use this crypto asset in all games. In this way, Game earnings turn into a valuable payment asset that can be used in all games.

Developing a new platform for virtual items is time consuming and costly. Integration of a technology such as blockchain into games requires serious R&D work. Marketing process and security issues are other reasons that keep game developers away from the blockchain industry. Roco Finance provides technological infrastructure for both its own games and partner companies. Roco provides open source software development kits (SDKs), APIs, game add-ons, virtual items management applications and a payment systems platform service. Game developers face a number of problems in promoting and selling their crypto assets. The development and promotion process has serious costs. Gaining the trust of users and investors is another factor that increases the cost of time. For this reason, even if game developers have very good products, they cannot get the desired benefit from these processes due to unnecessarily high costs and time loss.

Roco Finance mediates with the Roco Starter IDO platform to promote valuable and promising game projects at the seed and incubation stage. It organizes IDOs for partner companies to meet and invest with masses of players. 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 efficiencies to be provided after the seed and culture phase, and provides safe trading opportunities to investors with the liquidity provided. ‘’The challenges of online gaming are omnifarious. Vices like trade fraud, high barriers to entry, and marketing limitations will continue to propagate in the absence of real solutions. Our goal is to provide seamless blockchain-based solutions to these problems. We will continue to work with our partners to build a system that allows blockchain and gaming to operate in perfect symbiosis.” — Sebahattin AKAY, Roco.Finance, CEO

Farming

Farms allow users to earn ROCO while supporting Roco Finance by staking LP Tokens

How to Use Farms?

Unlike Stake Pools, Farms require you to stake two tokens to get LP Tokens, which you then stake in the Farm to earn rewards. This lets you earn ROCO while still keeping a position in your other tokens!

• You’re going to need some "LP Tokens" to enter into a Farm with. Farms can only accept their own exact LP Token; for example, the ROCO-AVAX Farm will only accept ROCO-AVAX LP Tokens.

• To get the exact LP Token, you'll need to provide liquidity for that trading pair. So to get ROCO-AVAX LP Tokens, you'll first have to provide liquidity for the ROCO-AVAX pair. Before you proceed, you'll want to choose a Farm that's right for you. Visit the Farms page and you’ll see a list of available Farms.

• Click on the row of the Farm you've chosen from the list. It will open to show more details.

• On the left, you'll see some links. Click the Get (your pair) LP link. This will open the Add Liquidity page for your Farm's pair at Pangolin.

• Pangolin has a guide to adding liquidity you can follow to get your LP Tokens.

• When you’re ready, click the Enable button and confirm your action in your wallet. After a short wait, the Enable button will change toFarm. Click it and a new window will appear. Type the amount of LP Tokens you would like to farm with into the field, or just click Max to use all of your LP Tokens. When you have the amount entered, the Confirm button will light up. Click it. Your wallet will ask you to confirm your action. After a short wait, the window will close, and you will see your new staked LP Token balance in the details.

Removing LP Tokens from a Farm

You may decide you would like to add more LP Tokens to a Farm at a later date, or to take some out of a Farm. You can do this very easily whenever you'd like.

• Find the Farm you have LP Tokens in, and click the row to view details. You will see unstake button on the middle side. Click unstake to remove your LP Tokens

Collecting your farming rewards

Farming will bring you ROCO rewards over time. You can collect these rewards and use them to get more LP Tokens, stake them in Stake Pools.

• Return to the Farms page .

• Find the Farm you staked your LP Tokens in, and click the row to view details. You should see an estimate of your rewards under “Roco earned”.

• Click the Harvest button and confirm the action in your wallet. After a short wait, the ROCO will be claimed to your wallet for you to use as you like.

• Remember that there is a small fee involved in each harvesting.

Stake Pools

Stake Pools are the simplest way to earn free tokens on Roco Finance. Stake ROCO, earn free tokens. It’s really that easy. Some special pools of game projects let you stake other tokens besides ROCO, too!

How can I use Stake Pools?

• Go to the Stake Pools page here.

• Connect to your compatible wallet by clicking the Connect button (top right-hand side).

• Click Unlock Wallet.

• Choose which Pools you want to stake in.

• Once you choose a pool, click the Stake button. Your wallet will ask you to confirm the action.

• Type in an amount for how much ROCO you want to stake.

• Click Confirm. Your wallet will ask you to confirm the action.

Removing ROCO from a pool

You can easily add more ROCO to a Pool, or move some ROCO to a more profitable pool. Here’s how you can move your staked ROCO.

• Find the Pool you have staked Roco Tokens in, and click the row to view details. You will see unstake button on the right side. Click unstake to remove your Roco Tokens.

Collecting your staking rewards

• Return to the Stake page .

• Find the Pool you staked your ROCO Tokens in, and click the row to view details. You should see an estimate of your rewards under “Roco earned”.

• Click the claim button and confirm the action in your wallet. After a short wait, the ROCO will be claimed to your wallet for you to use as you like.

• Remember that there is a small fee involved in each harvesting.

NFT Market

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.