1) Good evening, can you give an introduction of Punch Gaming Token?
We at Punch Finance are dedicated to build highly addictive yet rewarding games. We chose BSC as the blockchain so that players won’t spend too much on gas fees and can play with peace.
The global gaming market (hereafter referred to as the market studied) was valued at USD 173.70 billion in 2020, and it is expected to reach a value of USD 314.40 billion by 2026. Punch will be a game changer in this space with it’s rewarding tokenomics and fair play protocol.
2) What is your unique selling point?
We are the world’s first gaming token that gives 12% rewards on buying and holding the token. Just simply connect your wallet on BSC and play to earn. It is this simple.
3) What kind of market opportunity are we looking at?
The global gaming market (hereafter referred to as the market studied) was valued at USD 173.70 billion in 2020, and it is expected to reach a value of USD 314.40 billion by 2026,
registering a CAGR of 9.64% over 2021-2026. Due to nationwide lockdown, people stay home, and some turn to game platforms to pass the time. These platforms are attracting more than hundreds and thousands of new visitors in online traffic. Video gaming trends have experienced a massive surge in players and revenue recently.
Cloud gaming is an emerging technology across the industry that allows users to stream high-end games across hand-held devices, such as laptops, tablets, and mobiles, with fast
network connectivity, eliminating the need for a dedicated gaming console/PC.
Cloud gaming services are focused on leveraging hyper-scale decentralised cloud capabilities, global content delivery networks, and streaming media services to build
the next generation of social entertainment platforms. Such factors have an anticipated
positive impact on market growth.
4) What is your tokenomics like?
Development
Most of the money raised from pre sales will be going towards the development of games. We are eager to provide quick working products to our believers.
Marketing
A part of each transaction i.e. 2% goes into marketing address, which helps us to promote the project.
12 % Rewards
Token comes with 12% reflection fees. Buyer will be rewarded in multiple ways, the first is to buy and hold the token and second would be play to earn.
Total Supply is 1,000,000,000,000 Tokens
12% Reflection
2% Buyback
4% Liquidity
2% Marketing
5) What are the different phases of the project?
Phase 1
Smart Contract
Smart Contract Audit
Website
Social Media
White Paper
Phase 2
CMC and Coingecko
Token Pre sales
Token listing on Pancakeswap
Phase 3
First Game deployment
Multiplayer Game
Live Sports betting
Voting on choice of game listing
Phase 4
Release of NFT
Listing on Tier 1 CEX
6) ICO and IDO problems: What kind of solutions do you have?
The initial ideology changed as development continued and blockchain technology evolved
towards today’s Crypto ecosystem. Over the past few years, thousands of start-up
cryptocurrencies have created their initial visibility through ICOs (Initial Coin Offerings) and more recently through IDOs (Initial DEX Offerings). The issue with both ICOs and IDOs is that a lot of the initial hype generated is often falsified, either completely or partially the line between community members and team members often blurred due to the ever growing expectations of decentralization and anonymity.
The Punch solution:
PUNCH provides a solution to this problem to both the investor/community and on the project development side. Using the KYC Pre sales, PUNCH can deliver a secure environment for utility tokens to develop real-world use-cases in a stable environment, and in doing so increase the tokens value – something which is often extremely volatile in the early stages.
7) What is your initial use case like?
The initial use-case of PUNCH was for the Crypto-poker gaming protocol. One of the
biggest issues that users of traditional online gaming sites face, is that they have to
completely trust the service provider that the game was truly fair. Blockchain technology has introduced us to a world that requires one to proceed with caution, and PUNCH has developed a technology that allows users to participate in any online game requiring a provably fair, auditable random number generation. PUNCH will expose an API for results of all the games that were played by the users.
8) Do you have any other things to share with us?
Yes. We are constantly marketing ourselves. This is one of the latest YouTube videos done by an influencer a few days ago. There will be more to come.
https://twitter.com/punchgametoken/status/1458653850848669704
9) Can you share with us your socials?
Sure.
Telegram: https://t.me/punchgamingtoken
Website: https://punchgaming.app/
Twitter: https://twitter.com/punchgametoken
