Key Development Roadmap, POC Staking, Pocket Arena Investors series 2 and more

Pocket Metaverse comes to birth in Q1 2022 within the City zone of virtual map in Luzern, Switzerland. Our current 80,000 users will need an avatar in Castle Town. Two default avatars are provided for free for everyone, but it will look all the same. In order to show yourself with your own NFT character and to take part in the NFT town activities enabling you to earn extra XP, you will need an NFT emoji avatar. Like the initial NFT Castle value has increased significantly after only a few months, NFT avatar might be the same. 2022 would be the year of NFT as everyone predicts!

Reserve the limited edition of NFT emoji avatar NOW!!

https://s.pocketarena.io/3Ho0Y2n

The full 100 limited NFT avatar set will be available on Jan 22 on a first-come, first-served basis.

The much-awaited major addition to Castle Defense is here in the form of Castle Arena. In this old-school tower defense strategy game, users can now own land, defend or attack other lands and create or join guilds to plan strategic attacks with 5000 NFTCastles, players and guilds. All of this action is bound to take place across five playable areas on the virtual map of Luzern, Switzerland. These 5 areas are Forest, Desert, Snow, Fantasy and City.

Read the full article herehttps://medium.com/pocketarena/sneak-peek-of-castle-arena-97c4c6d0751

2021 proved to be a breakout year for team Pocket Arena with the following milestones achieved. For us, the New Year means a year of new possibilities and new ventures. So let’s look ahead to the excitement to come in the first few months of 2022.

Read the full article herehttps://medium.com/pocketarena/key-development-roadmap-in-2022-79c5f1231d3e

We are happy to release our POC staking page that may be released by the end of Jan. For those who are interested in the NFT Castle and POC Pre-Staking event , hurry up to enjoy the 3months special staking rewards of 130% APR and grab the chance to buy high valued NFT Castles at €98. Apply Now

The other benefits and terms will be confirmed upon the official release.

(This page is only for illustration purposes. The detailed terms will be confirmed upon launch.)

Pocket Arena gathered over 17K users just over the course of last week. Out of those 17K, about 10K were new users with an impressive retention rate of 51%. Our top user countries for the week were Philippines, Vietnam, Romania, South Korea and the US. Moreover, the site alone (app data not included) had a massive 300K views last week.

What happens when an NFT Castle is traded in the NFT Castle Market after Castle Arena is launched? Under the new profit-sharing structure of NFT Castle sales, there is a gross revenue-sharing that is based on sold castle price. Upon the sale of an NFT Castle, 4% of the profit goes to Emoji Games, and 96% of the profit goes to the owner of the NFT Castle.

For more info visit: https://medium.com/pocketarena/nft-castle-sale-new-revenue-sharing-structure-6ebc884d9d61

Pocket Arena is proud to have Signum Capital, a growth-focused investor team, in our list of esteemed investors.

Signum Capital is a MAS (Monetary Authority of Singapore) registered crypto investor that supports game-changing projects like Pocket Arena. They believe that Pocket Arena can bring sustainable P2E gaming platform which requires FUN part first than rewards part.

Read the announcement here: https://twitter.com/pocketarena/status/1476513795661086726

Pocket Arena Guilds are gaining a lot of traction of late with the formation of new guilds. In the past week, we have announced a new guild named 1PH-PRODIGY based in the Philippines. This week we introduced Ace Guild. There are more guild announcements in the pipeline, so do follow our Twitter to stay updated.

Creating a Sustainable Play-to-Earn NFT Gaming Platform

Blockchain gaming has really caught the wider public’s attention recently. It has become one of the biggest crypto trends, attracting millions of new users towards cryptocurrencies.

The most popular type of blockchain gaming is the Play-to-Earn model — a unique amalgamation of Decentralized Finance and Gaming, allowing players to have fun while earning valuable assets in the form of tokens, NFTs, or other digital rewards. These projects are specific, and the gamer’s primary goal is to earn.

However, because these games involve the concept of in-game purchases and real-world currencies (stored in wallets), they offer scope for ponzi schemes and a possible platform for fraudsters.

How do some Gamefi Ponzi schemes work, and how to avoid them?

Ponzi schemes work when old investors are paid back with new investors’ money without any value being added at all. These keep functioning with potentially never-ending investors coming in.

Many Play-to-Earn models use this “pyramid” structure to lure in players solely on the pretext of “staking money to make profit”. This, in reality, turns out to be “pay to play” disguised under the “play to earn” analogy.

More players are added in a certain timeframe than the already existing ones, ensuring the demand for NFTs. If the number of new users falls below the level of existing users, the same will apply to the demand for NFTs as well — and the value of the token will plummet.

Play-to-earn games that attract gamers via high investment yields are quite unsustainable on account of high distribution of tokens without burning mechanisms and strong use cases in place to control the supply, eventually causing a bad plunge in token prices.

One must be wary of such schemes wherein people are required to invest in order to make some profit. If it sounds too good to be true, it probably is.

Pocket Arena setting an example for a sustainable play-to-earn model

, a free play-to-earn NFT gaming platform, has developed a sustainable economic model with a robust mechanism in order to maintain a healthy economy by the strategy of combining 

Players here can play the games for free and turn the XPs they earn into POC tokens, that have real-world value, stored in wallets. There’s no obligation to invest, but those who wish to, can.

Take Pocket Arena’s flagship game, , for instance. It works on the premise of buying the fresh NFT Castle, earning XPs, and upgrading castles. In this case, one can choose to buy a castle and hire a player to use the castle in-game, or simply apply to enhance a castle owned by someone else. This way, all parties benefit.

NFT Castles with XPs collected will eventually have more intrinsic value because these XP can not be bought by POC nor by other financial instruments. This XP collected is purely due to the efforts, skills, and time contributed by eSports players. These are priceless and can’t be bought with money.

That is the reason that this XP can be exchanged into real rewards, which can be used for NFT item purchases or can also be cashed out. However, this doesn’t work in the opposite direction where XP can be bought with POC. That is a very clear principle for Pocket Arena that we value the spirit of esports.

Implementing burning mechanisms of these XPs is also important to prevent the inflation of POC prices. In order to win the battle and Esports, you will have to upgrade your in-game items and need to pay some entry fee with XP to participate in the battle as well.

This burning mechanism is very common for the traditional gaming industry as a Pay to Play. Users are required to pay considerable money to upgrade their game items. However, in Pocket Arena, these game item upgrades can be paid with your earned XPs. The XPs make your NFT Castle truly unique and valuable. These high-priced NFT Castle can only be enhanced with the help of highly skilled esports players. If your player has no skills, then he/she will just end up wasting your XP by upgrading wrong items and using them in non-strategic ways.

Eventually, Pocket Arena will pursue the mechanism that true and high-skilled Esports players will enjoy the biggest benefits. Also, those who have no skills can also share the benefits by hiring these pro-players.

From an end-user’s perspective, one gets to experience high-quality entertainment with eSports features (Castle Arena’s PvP battle and eSports mode within PA casual games), and get rewarded with POC tokens.

Moreover, we are fully committed to ensuring that the platform is safe, secure and fair for gamers by conducting regular audits of players’ wPOC in order to detect those which have been collected in illegitimate ways. These users will have no more room in Pocket Arena as we have introduced aPOC that makes sure these XPs are not manipulated via our strict audit process, including KYC. We have seen from a few pioneering gaming projects like Axie Infinity had suffered by some initial whales who used bots.

Pocket Arena’s mission is to create a sustainable eSports platform that everyone can enjoy and engage in safe in-game item trading via blockchain technology.

NFT Castle Sale — New Revenue Sharing Structure

NFT Castles are real hot-selling NFT items!

Fresh NFT Castles were being sold at 98EUR along with a limited-time promotion of some initial castles at 48EUR during the first two months in July and Aug 2021. Since then, an XP included NFT Castle has also been traded for max 800EUR in a P2P sale at the NFT Castle Market.

So what happens when an NFT Castle is traded in the NFT Castle Market after Castle Arena is launched?

Since castles are rented out to players who play the game, earn XP and upgrade the castle, there is a current profit-sharing that follows. However there will be a new revenue share framework applicable under Castle Arena mechanism in January 2022. The exact date of Castle Arena launch will be announced soon.

Old profit-sharing structure

When an NFT Castle is sold in a P2P transaction in the marketplace, 78% of the sale proceeds go to the sponsor, in other words, the NFT Castle owner. 18% goes to the players as the players are the ones who have rented the NFT castle and have increased its value by playing and upgrading it. Furthermore, 4% is charged by Emoji Games as transaction fees.

New revenue-sharing structure

Under the new profit-sharing structure of NFT Castle sales, there is a gross revenue-sharing that is based on sold castle price.

Upon the sale of an NFT Castle, 4% of the profit goes to Emoji Games, and 96% of the profit goes to the owner of the NFT Castle (also called the sponsor or the seller of the NFT Castle). The figure below depicts the new profit-sharing structure.

Benefits to the players under the new profit-sharing structure

After the launch of Castle Arena, there is no revenue shared with the player from the castle sale, under the new profit sharing structure.

After the launch of Castle Arena the player will have bigger flexibility of imminent earnings of XP as per the new revenue share structure. XP earning will be through Daily Challenges, PvE Battles and also PvP Battles (Castle Arena). Please visit the link below to know more about the new revenue share structure.

Castle Arena New Revenue Share Structure

The NFT Castle sale, new revenue sharing structure will be applicable to the castles which have gone through the P2P trading AFTER Castle Arena kicks off.

The contributions from players under the old revenue sharing program will stay there for the old profit-sharing until the new trading takes place after the launch of Castle Arena (estimated launch date is mid to late Jan).

For Example

Let’s say Castle Arena launches on 20th Jan 2022.

If an NFT castle owner sells his/her castle (№20) on 21st Jan 2022, the old profit-sharing applies to the sale (which indicates a 78% of net profit).

And then if the NFT castle owner (№20) sells the castle on 30th Jan 2022 to another new buyer, then the castle owner receives 96% from the sold castle price.

Besides, as announced previously, the cap of NFT Castle sales price will be increased to EUR 3000 by using POC as the payment method. Credit Card payment is still possible but will be limited to max Castle sale price of EUR 800. The waiting period of 6 weeks will still remain applicable for credit card P2P payment due to stolen card dispute issues. When POC is used in payment, the waiting period will be lifted.

Sneak Peek of Castle Arena

The much-awaited major addition to Castle Defense is here in the form of Castle Arena. In this old-school tower defense strategy game, users can now own land, defend or attack other lands and create or join guilds to plan strategic attacks with 5000 NFTCastles, players and guilds.

All of this action is bound to take place across five playable areas on the virtual map of Luzern, Switzerland. These 5 areas are Forest, Desert, Snow, Fantasy and City.

Difference between Castle Defense and Castle Arena

Castle Defense is about defending the castle with the help of Knights and Wizards. The game consists of Daily Challenges and PvE Battles where players use the default in-game castle or rent an NFT Castle from a sponsor (Castle Owner) and defend it from attackers like Galios, Gargoyles, Demons and more.

Castle Arena is about PvP Battles where you defend your castle’s land and attack other castles with an aim to defeat them and grab their land. Castle Arena also consists of different Guilds, which are groups of players who coordinate and execute attacks strategically. The real eSports PvP model of Pocket Arena will start with Castle Arena.

With the launch of Castle Arena in Jan 2022, the new revenue share framework will be applicable for P2P castle trading. This major change will be explained in another blog very soon.

Let’s walk through some of the key aspects of Castle Arena.

Main Menu

The new menu will see the additions of Arena Pool and Public Pool.

Land Battle in Forest

As highlighted earlier, Castle Arena consists of 5 playable areas on the virtual map of Luzern. The first area is the “Forest,” where you as a player can participate in PvP Battles. Here you can attack others and grab their land and also defend your fortress from attacks.

The screenshots below depict the Defend and Attack process for the land battle in the forest area.

You can only proceed to attack the new land only once you have cleared the stages of each land.

Castle Items

These items are required to upgrade your castle’s armoury. Details with regards to the castle items will be out soon.

Creating Attacks in Castle Arena

For every attack created, there is a strategy that is followed. The better you strategize, the more efficiently you will win battles.

Once you have crafted your perfect strategy, you have an option to save it for future attacks or load it for the current attack.

Attack Strategy Selection

For different stages of game play you can create customized strategies. When you are in the process of creating an attack you are given the choice to select the strategy of your choice.

As shown in the screen below you can choose any one strategy for your attack and also delete strategies if you choose to.

Attack Outcome

If your attack is successful you will be greeted with the following screen below. The screen will show you the XP earned and shared between you, the Sponsor, XP pool and Public Pool along with the land acquired.

My Land

Under the upgrade section in the main menu, we have added the “My Land” tab. Under this section, the player can see the acquired lands pertaining to different playing areas (i.e. Forest Desert, Snow, Fantasy and City)

The player acquires new land by winning the battle.

The Rule of Defense

Defense is about protecting your land from other attacks. If you defend your land successfully, you get to keep your land and get XPs as a reward.

If you fail to defend, you lose your land. In Castle Arena, each land requires a certain number of Defences per day. If you don’t meet the daily requirement, you will lose your land.

Land Battle Status

The screen below shows you your land battle status, which consists of a list of lands you hold along with pending defenses.

After you successfully defend external attacks, you are rewarded by XP, as shown below.

Land Battle History

The land history shows the result of the attack or defense subjected to your land.

Kingship

When you acquire the status of Kingship in Castle Arena, the following message is shown. The king has special privileges and takes 3% XP from all the battles on the virtual map.

Be aware that your kingship may be challenged by numerous attacks from your opponents day in, day out! So you will need to ally with a strong and faithful guild!

The Different Pools in Castle Arena

Pools in Castle Arena are areas where XP is stored. There are 2 pools, namely Public Pool and Arena Pool.

Arena Pool is a section where the XP earned from Castle Arena and Castle Defense is stored. Arena Pool XP is further used to upgrade the NFT Castle (via Castle XP) and also used to participate in Castle Arena.

Public Pool is a section where the XP earned from Castle Arena PvP battles is stored. Public Pool XP is distributed to players who are land owners

To get a detailed understanding of XP distribution in pools, please follow the article below.

Castle Arena New Revenue Share Structure

“Castle Arena Guilds”

Castle Arena introduces the concept of Guilds whose main aim is to bring pro-players together into organized groups and win battles strategically by XP profit-sharing with castle owners.

The main role of Guild in Pocket Arena

  • Find the castles from owners, and assign them to guild members.
  • Recruit and train guild members.
  • Manage and maintain the progress of all members.

In Castle Arena, a guild is headed by 1 Guild Manager, 1 Assistant Guild Manager who oversee the guild operations, followed by guild members.

Users cannot create guilds by themselves. The guilds are created by Pocket Arena Team (including the initial approval of guild name and guild flag) after due diligence and screening of the guild manager. After the guild is formed, selected managers can manage their respective guild and can update the guild’s name, flag, find and assign castle, recruit/expel members, manage and guide members and set profit shares.

Considering the increase in interest in guilds form different nationalities we have reduced the minimum member requirement from 30 to 20 members. A guild in Castle Arena can have a maximum of 50 members. As of 16 Dec 2021, 47 guilds have been established from 14 different countries (UK, Finland, Germany, France, Philippines, Vietnam, Russia, South Korea, Australia, South- Africa, Romania, China, Thailand, Indonesia) with 1332 guild members who are actively playing Castle Defense.

See discord for details of our guild status.

If you are a manager who wants to create a guild in Castle Arena, please fill in the Preliminary Guild Manager Application form below.

NFT Castle Defense Preliminary Guild Manager Application

In-game Creation of Guilds

Guild is assigned to a manager who will appear on the Castle Market. Sponsors can view and contact these guilds. In order to create a guild in Castle Arena, a manager has to express interest. This is usually done by filling an application. Once Pocket Arena receives the application, a guild is then created and the guild manager recruits members to increase the guild user base.

Once Castle Arena is launched, users will be allowed to join a guild of their choice. The process will include contacting the guild manager to join a guild.

After joining a guild, the player can contact the guild manager via Telegram chat and ask defense support from other guild members.

The player who has joined the guild will be able to view the Guild’s Castles, check Member Ranking, request Guild Support and Contact the guild manager.

Guild Support

The guild support feature is for players seeking protective support from other guild members. The guilds members can offer support to players who need assistance with regards to attacks and defense from other guilds.

Guild Member Management

Leaving a Guild

A player who is a part of a guild can also choose to leave the guild. Once out of the guild, the player will not be able to keep the NFT Castle.

There are more functions and features in this in-game guild system and in a new guild management system that are currently under development. We anticipate this may go live a little later than Castle Arena. The launch date is TBA.

Special Event — NFT Castle, Rent, Buy and POC Pre-Staking (1st Run)

Background

Due to a massive increase of Pocket Arena users, lots of people are in a long queue to rent NFT castles. Considering this,  we are starting a special event (with 3-5 times of series) to provide a special rent of NFT Castles owned by Emoji Games followed by transfer of the ownership from Emoji Games to you at the special price of EUR 98. This is applicable to  those who are staking a minimum of 1000 USD of POC for 3 months. 

These NFT Castles were initially rented by Emoji Games a few months ago to players and some XP have been collected in these castles. We are glad to rent these castles to those who are keen to play Castle Defense with the following terms and conditions .

Event Summary

Rent NFT Castles (with XP inside) from Emoji Games and claim your ownership of that castle by buying 1000 USD of POC from Pancakeswap and staking them for 3 months at the Castle price of EUR98 only and enjoy the staking rewards of 130% APR. 

50 Castles will be taken on a first-come, first-served basis. 

How It Works

Fill in this Castle Renting Event Application Form and submit. Ensure you are ready with the following:

  1. Your PA ID details (User Name, Email ID and 12 digit code ID)
  2. Your POC purchase TX link. (min. 1000 USD worth of POC) from PancakeSwap effective from 29th Dec 2021.
  3. Choose your one preferred castle number from the list. 

50 Available NFTCastle Selection List for the 1st Run

After the successful submission of application, you will receive a confirmation email from service@pocketarena.com within 1-3 working days. After receiving the confirmations go to “Manual Contract” section on the castle selection menu, search your selected NFT Castle number and request “Rent”. The Pocket Arena Team be alerted and  will allow you to rent the respective castle. 

You can continue to rent the NFT Castle, as long as you have not sold the POC until the POC staking system is completed. As soon as your purchased POC (min. 1000 USD of purchase) is staked for 3 months (130% APR), you can make the payment of EUR98 and transfer the ownership of the NFT Castle to yourself. 

POC staking may be available in late Jan 2022 like below ( example of how it may look). However the exact date may be announced.

Please note the following terms and conditions.

  • The POC purchase should be made on 29th Dec 2021 or later.
  • Upon staking, users are required to connect their Metamask wallets and sign in with their PA ID. Therefore, your wallet address submitted in the application should match with the connecting address upon staking.
  • If  you have submitted another person’s purchase TX link in the application form, your Pocket Arena account will be blacklisted and restricted from any events in the future. 
  • Your renting may be discontinued if you sell your POC upon renewing the rent contract.
  • If you sell your POC before staking is complete or if you have not made the payment of EUR98 within the due date, your right to claim the ownership for the Castle will be forfeited.
  • One PA account can send only one application with one unique wallet address.

NFT Castle purchase with $POC, New stage opening, Guild update and more this week.

 

A lot of activities were kick started as we entered the last month of the year. In this round up we have covered the key developments that happened in the past week. Read to know more.

Great News – You can buy #NFTCastles with $POC from Jan 2022! 

 

Benefits of $POC (wPOC) Payment:

  1. Max castle price can be increased up to € 3,000.
  2. Current 6 weeks waiting period for withdrawal will be lifted. 

More benefits of paying with $POC are coming! The exact date of $POC payment will be announced in Jan. 

$POC Trading Competition – 2nd Run

 

Followed by the success of the 1st run of $POC trading competition, we are happy to announce the 2nd run has started from 16th Dec 2pm UTC to 23rd Dec 2PM UTC. The 3rd run will be continued immediately after the completion of the 2nd run. Now there are two categories in the 2nd run of the $POC Trading Event. Daily Prizes and Final Prizes. 

Read the full article here: https://medium.com/pocketarena/poc-trading-competition-2nd-run-8945b85eecd

See the winners list of the 1st trading competition – NOTE : All winners are required to claim the castles before 10th Jan 2022. Castle Arena will be starting mid Jan 2022 and your rights to claim the Castle prizes will be forfeited if you claim later than 10th Jan 2022.

 

NOW OPEN – New stages in Castle Defense and the difficulties of stage 21/22 have been eased

 

Last week we announced the much awaited opening of new stages in Castle Defense. Stages 24-26 are open and live. The stage opening has also brought about an introduction to 4 new monsters namely Ancient Gargoyle, Elder Centaur, Galio and Hell Demon. 

Also we are glad to inform you that the difficulties of Stage 21 and 22 have been eased after hearing much feedback from you. We hope now it is more enjoyable. 

Take a look at the announcement here:

https://twitter.com/pocketarena/status/1471465275837067274

Castle Arena Guild Update

It’s great to see more guilds being established. Last week we added Russia, South Africa as our 2 additional guild nationalities to Castle Arena. Also, we have reduced the minimum requirement for guild members from 30 to 20 people.  

Read the update here:

https://twitter.com/pocketarena/status/1471448474830917633

We support PH guilds who are in difficult situations after Odette hit

We are currently communicating via Guild Managers or Assistant Guild Managers based in the Philippines to find out the current status of the guild members. Still many of them are not able to get in touch. We wish and pray for all our PH players. Stay safe and strong and return to Castle Arena battle in Jan 2022 and have fun together with us! 

$POC Trading Competition - 2nd Run

Our team at Pocket Arena has been busy introducing events to engage and give back to our community. One of the event was the $POC Trading Event which was created to celebrate the successful launch of $POC on PancakeSwap. Winners (Daily winners + Biggest buyers) won #NFTCastles.

NFT Castles are a precious commodity in the Pocket Arena ecosystem. 5000 of such NFT Castles have been sold out at an initial price of 49 EUR/98 EUR, 3 months ago and now they are being traded at a rate as high as 800 EUR (depending on the XP and the castle number).

NFT Castle P2P trading will be available from Jan 2022 onwards. The trading will also be in $POC and the maximum price of trading an NFT Castle will be raised to 3000 EUR.

The staking and the lottery system will also be implemented in Jan 2022.

Direct link to buy POC on PancakeSwap

You can click the link below and view the BUSD/POC trading pair directly. Please add POC and BUSD once you are prompted to add them in your Metamask when you do the trade/swap.

https://pancakeswap.finance/swap?inputCurrency=0xe9e7cea3dedca5984780bafc599bd69add087d56&outputCurrency=0x1b6609830c695f1c0692123bd2fd6d01f6794b98

$POC Trading Event — 2nd run

The 2nd run of the $POC Trading Event is here. Followed by the success of the 1st run of $POC trading competition, we are happy to announce the 2nd run has started from 16th Dec 2pm UTC to 23rd Dec 2PM UTC. The 3rd run will be continued immediately after the completion of the 2nd run.

1. Daily Prizes: There will be daily prizes in the form of NFT Castles, for the biggest buyer and holder of the day during the last 24 hours. The cut-off times and each NFT Castle number is allocated for the daily prizes category is as follows.

2. Final Prizes: This category is further split into 2 sections. It consists of top 5 buyers and holders and top 5 trading volume makers (Buy and sell) during this time frame from 16 Dec 2PM UTC until 23 Dec 2PM UTC.  The top 5 winners of each category can choose their preferred castle among the list by the order of rank. 

The final winners will be announced on 24th Dec 2022 on https://twitter.com/pocketarena. The winners can claim the prizes by sending an email to service@pocketarena.com with the PA ID and the full wallet address. After the address verification, we will send the Castles to the user’s account directly.

For the final prize winners of the 1st Run (from 09th Dec — 16th Dec) as well as the 2nd Run, if you hold the purchased $POC without selling until the 3rd run ends, then 5 special valued NFT castles will be rewarded to the top 5 holders additionally.

$POC PancakeSwap listing, Backers Announcement, $POC Audit Report and More This Week

We are about to enter the weekend. As usual, a lot happened this week at Pocket Arena. Here is are our weekly roundup.

$POC PancakeSwap listing date and other updates

We have finally decided the PancakeSwap listing date for our $POC token which is 30th November 2021, 10AM CET. Currently, we are implementing advanced anti-bot measures to prevent malicious bot activities that could happen on PancakeSwap.

Read the announcement: https://medium.com/@pocketarena/poc-pancakeswap-listing-date-and-other-updates-9c7ab81d31b0

Backers Announcement

We have announced the successful closing of a $2.14 million private round from leading blockchain investors. The backers include Signum Capital, Unanimous Capital, LD Capital, Legion Ventures, Ethereal Capital, Calamari Ventures, Brotherhood Ventures, Halvings Capital, Exnetwork, Master Ventures, Standard Merchant, and Minted Lab.

Read the press release: https://finance.yahoo.com/news/play-earn-nft-gaming-portal-191100211.html

$POC Audit Report

We are pleased to announce that our $POC, ERC20/BEP20, cross-chain token has got a “Well-Secured” rating by leading smart contract auditor, Hacken.io.

Around October 2021, we contacted Hacken for a Smart Contract Code Review and Security Analysis. Following which security assessment of Pocket Arena’s smart contract and code review was conducted.

The smart contract was scanned for commonly known and more specific vulnerabilities such as Reentrancy, Ownership Takeover, Timestamp Dependence, Gas Limit and Loops and more.

View the full report: https://hacken.io/audits/#pocket_arena

Daily Active Users of Pocket Arena

Here are Pocket Arena’s Google Analytics stats from 1st November to 11th November 2021. Our Daily Active Users (DAU) is in the range of 5K-6K unique users with an average session duration (Average Playing Time) of 39 minutes. The retention rate stands at a commendable position of 45%. These numbers exclude users playing Castle Defense on Android, which if included can add approximately 2K Daily Active Users, to the figures above. Then DAU (Daily Active User) are about 7–8K all together.

To know what gets users back to Castle Defense, visit the link below.

https://play.google.com/store/apps/details?id=com.pocketarena.castledefense

Country wise Telegram groups on Linktr.ee

Over the past weeks as per our Google Analytics we have been witnessing users across the globe, spending time on Pocket Arena’s web properties. These properties consist of the website, Blog, Castle Defense, Casual games and more). We are experiencing increased activity from users from the Philippines, Vietnam, USA and Thailand to name a few. As a part of our community building efforts we have set up country wise Pocket Arena groups on Telegram so that users can communicate and network with people from their own countries. We have listed all LEGIT Pocket Arena country wise Telegram groups on our Linktr.ee listed below. Do take a look and join in.

https://linktr.ee/PocketArena

About Pocket Arena

Pocket Arena’s vision is to create an easy-to-use and trusted gaming ecosystem for ordinary people to enjoy playing, grow digital assets and become the world’s biggest NFT DApp Mobile Gaming Platform.

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Play to Earn NFT Gaming Portal and Platform Pocket Arena Raises $2 Million

Play to Earn NFT gaming portal and platform Pocket Arena has announced the successful closing of a $2.14 million private round from leading blockchain investors. The backers include Signum Capital, Unanimous Capital, LD Capital, Legion Ventures, Ethereal Capital, Calamari Ventures, Brotherhood Ventures, Halvings Capital, Exnetwork, Master Ventures, Standard Merchant, and Minted Lab.

Additionally, 58 global KOLs (Key Opinion Leaders) and over 160 crypto community groups and channels participated, including the leading influencers such as Slavik Junge (2.9M followers of Tiktok), Alexander Kondrashov (2.5M followers of Instagram), Evan Luthra (2M followers of Instagram), and many other strong KOLs who own various crypto communities from Japan, Thailand, Vietnam, South Korea, Italy, Romania, South Africa, Philippines, India, Turkey, Russia, Latin America and so on.

One of Pocket Arena’s flagship games, Castle Defense, has attracted more than 6,000 Daily Active Unique Users representing scholars/players from all over the world. The most played countries are Philippines and Vietnam with the average playing time of 40 minutes, all of which occurred before the POC token was launched.

Hyong S. Kim, the CEO of Emoji Games, the company behind Pocket Arena says,

“We are excited to have the support of a global network of VCs, influencers, and community members. Community is key to the ecosystem behind Pocket Arena and Castle Defense and everything we do is focused on providing an exceptional gameplay and experience for our users and fans.”

The private round sold 3.3% of total supply of $POC, which is subject to the condition of 3 months lockup and 12 months vesting period.

Article source: https://finance.yahoo.com/news/play-earn-nft-gaming-portal-191100211.html

How to Identify and Avoid Pocket Arena Scams

Scams seem to be everywhere today and crypto land is not an exception. With the recent surge of interest in NFT’s, cryptocurrencies, criminals are finding new ways to scam users out of their hard-earned money.

The crypto space is full of opportunities and risks and scammers are actively targeting this space. In addition to fake groups on Telegram, we also spotted a few scam websites using our name to scam users.

Most of these scam websites have also used the identity of reputed organizations and have created fake pages to fool users. We also came across this website that was offering early access to users to buy the POC.

Warning signs of a scam

The ‘Squid Game’ crypto scam shocked the crypto world.

The token developers (scamsters) did a rug pull due to which the token value crashed to zero from its rise of 3000% which was achieved over a span of 3 days!

When the token was initially introduced, there were a range of red flags which were ignored by investors and hence all of them got duped.

Look out for warning signs of what may appear to you as a fraud or a scam. In the crypto space, any reputed organization will have their official channels. Be it social media, website or messaging platforms like Telegram, Discord or Signal.

“Scammers usually target an organization’s communication channels, try to replicate them by creating fake profiles and target users to join these channels.”

If you are added to groups who pose themselves as an organization, there are high chances that it’s a scammer targeting you and this is a warning sign.

Even a person contacting you via DM posing as a company representative, is a major red flag.

Identify a scam and report it

Keeping the promotional aspect of marketing out of this discussion, no organization will contact you first or add you to groups.

At the time of writing this, Pocket Arena has over 18k followers on Twitter and over 10k users on Telegram. None of these users were invited by Pocket Arena admins to join these channels. Our growth is organic and happens through word of mouth, and pure marketing efforts.

But not all community building efforts are considered scams. As complex the work of scamsters may seem, it’s relatively easy to spot and identify a scam.

This can be done by going to the source and verifying the authenticity of any information or update you have come across. As mentioned earlier, scammers replicate organizations and brand names. So a simple Google search will provide you with the data required like Website, social media and customer support channels.

Done merely go on the SSL certificate of the website. Ensure the company website is correct or error free. For example, scammers often trick users by changing an alphabet in the scam website’s domain name. For example, Google.com is different from G0ogle.com

Take Away’s

As an organization operating in the crypto space, it becomes our responsibility to shield our users from scamsters. We figured the best way to do this is to inform users of the official communication channels. In the case of Pocket Arena, we have created a single source, with link.tree, where everything that is official about Pocket Arena is listed there.

We have also periodically notified our users via social media to exercise caution while dealing with scamsters.

Going forward we would like to inform users that if you spot something suspicious, kindly flag it to relevant customer support teams to verify if the message is valid or a fraud.