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Pikamoon ICO Review, Rating, and Complete Analysis – CoinGape


Summary

Venture into the captivating world of Pikamoon, where innovation meets gaming in an unparalleled play-to-earn metaverse. At the forefront of this immersive experience is $PIKA, swiftly emerging as one of the gaming industry’s fastest-growing GameFi tokens. Players are invited to don their builder’s hat and unleash their creative prowess as they assemble a formidable team of monsters within this exceptional NFT play-to-earn game.

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Pikamoon: The Ultimate Play to Earn Adventure in the Metaverse

Pikamoon is a recently introduced GameFi token that is the core of the Pikaverse, a metaverse including Six lands where players are free to explore. In the Pikaverse, players find themselves immersed in a dynamic platform where they can capture Pikamoons, engage in epic battles with formidable monsters, and confront the dark gods threatening these unique worlds.

The primary objective of the game is for players to traverse the six lands of the Pikaverse, strategically overcoming the rulers presiding over each territory. Drawing direct inspiration from the cherished world of Pokémon, each Pikamoon mirrors the concept of a pocket monster. Like its muse, Pikamoon introduces turn-based combat, elevating the gaming experience with a strategic layer.

Kevuru Games stands as a distinguished game art and development studio, offering bespoke engineering and game art services to developers and publishers. It is the main developing driving-force behind  Pikamoon and has significantly contributed to other notable games, including the Star Wars Games, Fortnite, Jedi: Fallen Order, and World of Tanks Blitz, as showcased in their portfolio:

Players actively participate in battles, each turn presenting opportunities to attack or heal. Victories in these encounters translate into valuable experience points for the Pikamoon, serving a dual purpose by enabling players to upgrade their Pikamoon’s capabilities and acquire in-game assets from the Pikamoon marketplace.

The marketplace, fuelled by $PIKA tokens, hosts a diverse array of products, including essential items, healing aids, capture devices, boosts, treats, and the coveted Traveller Card. This ecosystem ensures a comprehensive and immersive gaming experience, catering to players seeking strategic depth and personalisation within the Pikaverse.

A Detailed Whitepaper

Pikamoon provides a very detailed whitepaper that explains all aspects of this play-to-earn game. Within this immersive gaming experience, players have the opportunity to capture, train, and engage in battles with Pikamoons, charming and distinctive creatures that inhabit the Pikaverse. $PIKA serves as a versatile currency for transactions within the game.

The whitepaper also delves deep into the comprehensive vision, features, mechanics, economy, governance, roadmap, and talented team behind the project. With clarity and precision, the document provides a well-created overview, offering insights into the game’s potential and what sets it apart from its peers.

Experienced Team

Kevuru Games is an esteemed game art and development studio, specializing in tailored engineering and game art services for developers and publishers. Serving as the primary development studio for Pikamoon, it has made substantial contributions to other distinguished games such as the Star Wars Games, Fortnite, Jedi: Fallen Order, and World of Tanks Blitz, all meticulously presented in their portfolio. 

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With a decade of operation, Kevuru Games has demonstrated impressive growth, achieving a remarkable annual increase of 166% in 2021. Boasting a clientele of over 100, the studio comprises a team of 300 specialists spread across 10 locations on four continents.

The website has linked social media accounts to each of the members of the team.

Team PikamoonTeam Pikamoon

  • Jon, Telegram Manager
  • Tha Kid, Discord Manager
  • Brock, co-founder
  • Nix, co-founder
  • Kanto, co-founder
  • Oscar, Game Design
  • Arri, Illustrator
  • Shubzybaker, Advisor

Business Model

Pikamoon’s business model revolves around the creation of an engaging play-to-earn metaverse game, Pikamoon Adventure, designed to reward players with cryptocurrencies and non-fungible NFTs. Drawing inspiration from the beloved Pokémon franchise, the game features delightful and collectible creatures known as Pikamoons.

The business model is carefully created to deliver an enjoyable and lucrative experience for players, establishing a sustainable and scalable ecosystem to redefine the play-to-earn metaverse and NFT space.

Backing technology

The underlying technology behind Pikamoon is based on a combination of blockchain, AI, and gaming. As a play-to-earn game that allows players to catch, train, and battle with Pikamoons. The virtual world in which players explore is powered by the Unity.

The game also leverages the Ethereum network for its scalable and low-cost nature and compatibility with blockchain games. By offering a mix of various modes, challenges, quests, tournaments, raids, and events, the game allows enough opportunities for players to earn rewards and achievements.

The Web2 game will maintain a database with wallet integration. When users initiate a withdrawal of $PIKA tokens from the game dashboard, the associated gas fees will be borne by the user. It is important to note that not all transactions occur on-chain. Instead, they are consolidated within the database before being officially stamped, akin to the operational model employed by centralized exchanges. 

Token Distribution

$PIKA is the native token of the platform, a GameFi coin characterised by genuine value and utility. This digital asset holds tangible worth, finding purpose within the immersive Pikaverse.

The token allocation for Pikamoon is as follows:

  • Public Sale: Round 1: 10% (5,000,000,000 tokens)
  • Public Sale: Round 2: 10% (5,000,000,000 tokens)
  • Public Sale: Round 3: 10% (5,000,000,000 tokens)
  • Liquidity Pool: 7.5% (3,75,000,000 tokens)
  • Team/Advisors: 12.5% (6,250,000,000 tokens)
  • Staking rewards: 10% (5,000,000,000 tokens)
  • Eco-system Development: 32% (16,000,000,000 Tokens)
  • Marketing: 8% (4,000,000,000 tokens)

There are three presale rounds, each with distinct characteristics aimed at a strategic and sustainable token release process.

  • Round 1 includes a 2-month cliff from the token generation event, implying the tokens from this round become claimable two months after the ICO concludes (price of token: $0.00020).
  • Round 2 features a 1-month cliff from TGE (price of token: $0.00040), while Round 3 has no cliff from TGE. (Price of token: $0.00060).
  • This structuring is deliberate, preventing potential dumping of round 1 and 2 tokens upon the round 3 token launch.
  • Earlier rounds have witnessed returns of over 300% ROI for late purchasers.
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When it comes to the transaction tax, Pikamoon implements a 2.5% transaction tax on sell orders and transfers. There is no tax applicable to buying orders when acquiring $PIKA. This tax mechanism is implemented to fortify and support the Pikaverse metaverse and marketplace.

The tax distribution allocates 1% towards marketing initiatives, 1% towards the ecosystem development fund and play-to-earn rewards, and 0.5% is perpetually burned to keep the token deflationary.

The On-Going PIKA ICO Information

As of now, PIKA finds itself in the midst of its third and final ICO phase, providing participants with the chance to obtain the token at the current offering price of a mere $0.0006. Notably, a substantial portion, exceeding 80%, of the 15 billion ICO-allocated tokens—more than 12 billion tokens—has already been sold. This means Pikamoon has the ability to secure substantial investment capital in excess of $4.25 million.

The end of the PIKA ICO marks the initial milestone in a comprehensive journey characterised by innovative GameFi developments and the continual growth of the Pikamoon community. The vision extends beyond the ICO, positioning the project to compete with industry giants such as The Sandbox, Axie Infinity, and Decentraland.

To give readers a better idea, here’s how Pikamoon compares against The Sandbox. 

  • Firstly, Pikamoon has secured a substantial capital investment, raising $4,150,000, with an additional $6,000,000 in prospect, presenting a total of $2X more capital than The Sandbox. 
  • Secondly, Pikamoon boasts an engaging and active community, surpassing The Sandbox by a factor of 15X, with an impressive 33% engagement rate from an average of 8K views per post. 
  • Thirdly, the collaboration with Kevuru Games, known for their work with Fortnite and EA Electronics, enhances Pikamoon’s development credibility. 
  • Moreover, Pikamoon’s transparent team, partnered with reputable news outlets like Bloomberg and Yahoo Finance, distinguishes it from The Sandbox. 
  • Launching with a $35 million market cap, $PIKA presents a compelling opportunity in the Game-Fi space, positioning itself as a significant player challenging market leaders with market capitalizations akin to $SAND.

In the post-ICO landscape, Pikamoon is poised to introduce a myriad of captivating events. These include substantial prize pools for top-ranking players, engaging 1v1 multiplayer tournaments with PIKA prizes, and various player-centric initiatives designed to fortify the game’s competitive edge. The game’s ELO-style ranking system deserves special mention. 

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Pikamoon: Roadmap Explanation

Pikamoon’s roadmap is quite self-explanatory and is divided into six phases.

1. The first phase involved launching the Pikamoon website, preparing the whitepaper, completing the token audit, and team KYC.

PikamoonPikamoon

2. In the second phase, Pikamoon had a target of completing milestones when it came to followers on social media and signups. This includes 10,000 whitelist signups, 20,000+ Twitter followers, and 10,000+ members on Discord and Telegram. The project also planned on attracting 100 ambassadors and influencers and offering daily games and weekly giveaways.

PikamoonPikamoon

3. The third phase concentrated on achieving partnerships and tie-ups with Kevuru Games, Fujhine STD, Transak, Ethereum, CryptoNews.com, and other news portals.

PikamoonPikamoon

4. The fourth phase involves the development of the metaverse in the game. This phase includes the preparation of the game development documentation, creating 27018 NFTs, and finishing all the other aspects of Metaverse development for the Pikaverse.

PikamoonPikamoon

5. The fifth phase will see Pikamoon develop online gameplay aspects, including PvP battles, online matchmaking, tournaments, and Pink Slip NFTs. GameFi developments. 

PikamoonPikamoon

6. The final phase, perhaps the most crucial one, will see Pikamoon getting listed on centralised exchanges. This phase will also involve the announcement of community events and community merchandise amidst the overall expansion of the metaverse.

PikamoonPikamoon

 

Final Verdict

Pikamoon stands as a promising player in the burgeoning GameFi landscape, armed with an innovative game concept, a committed team, and a strategic roadmap. While success is never guaranteed, Pikamoon’s transparent approach, strategic structuring, and commitment to user engagement position it as an ICO worth monitoring. As the ICO progresses and the metaverse unfolds, stakeholders can anticipate exciting developments in the world of Pikamoon.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.



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