Crypto experts have varying predictions about what sectors of the market will thrive in the coming bull run. Some believe current trends such as layer 2s, AI+crypto, BRC20, and real-world asset tokenization will receive the biggest share.

Other seasoned analysts expect older sectors such as GameFi, NFTs, and the Metaverse to experience a reawakening. We believe this too. The last bull run affected these sectors. But lately, there’s been a revival of interest and the emergence of projects with better utility, fundamentals, and tokenomics. One such project that’s raising eyebrows right now is PECland.

A little digging into this project shows that they’ve perfectly merged various sectors of the crypto space into a single offering. PECland is a combination of NFTs, GameFi, and the metaverse. Launched in March 2021, PECland seeks to offer a Web3 game that will not only entertain but disrupt the total experience.

Introduction to PECland

PECland is an NFT Gamefi project leading the BRC20 UGC open world. It seeks to create a virtual world with limitless opportunities for creators. The game has a pretty unique feel and storyline. It allows players to live in a parallel reality in the metaverse. So, players can control their decisions and even design or create personal belongings such as clothes or houses. The idea is that the more you decorate and design, the more yield you get.

The fun extends to their lives. So, players can get into relationships, throw the best parties, get married, and do all sorts of fun things their minds can imagine. PECland features exciting design tools that make it fun. But that’s not all. The game has access to the ENS domain service. This means you can have registered Web3 usernames.

PECland’s focus on user-generated content (UGC) is pretty strategic. Google’s recent updates prioritize user-generated content over expert content.

 So, PECland’s framework supports user-generated content and rewards creativity. There are lots of areas to explore in this project.

  • Play&Earn,
  • DeFi,
  • SocialFi,

Furthermore, PECland builds across two major networks:

  • Bitcoin
  • BNB Chain

But the true perk of this game is that it unites both networks. It links Bitcoin assets with the BNB Chain ecosystem by bridging BRC20 and BNBChain using a two-way cross-chain bridge. The core mission is to unite both networks.

How does PECland work?

The game is easy to grasp for all levels of experience. For a start, players need to select an identity out of the existing five identity categories. Choosing your identity simply grants users exclusive gameplay and earning potential.

The existing identity categories are

  • Citizen,
  • Farmer,
  • Island Owner,
  • Investor
  • King of Gamblers.

The future versions will include game designer and interior designer identities. So, users are to select their identity based on their social network and financial capacity. Each of these identities has its own cost and associated rewards. For example, island owners can earn profits from the farmers they recruit.

This project runs a superb creator economy. There are various revenue streams. This includes:

  • in-game props, 
  • UGC integration,
  • mini-game platform fees;
Who’s backing this project?

PECland has already secured huge backers across Web3. Some of the strategic partners for the company include:

  • GameFi.org,
  • Ratspad,
  • LifeRestart,
  • Chainge

One of the biggest pros of this project is that it is permissionless. This means that anyone can create their own designs using the editor tool. In addition, anyone can become an artist and receive rewards for their craft.

The project is also well-documented. There’s a straightforward website, an active Medium blog, and an engaging social media presence. In addition, the team has already released a clear roadmap detailing their plans for the coming quarters. PECland is also part of the raving BRC20 narrative. And has a good position within that community. What’s next, their IDO?

The PECL token and IDO

The $PECL tokens play a huge role within the PECland ecosystem. These tokens serve as the platform fee when playing some mini-games within the ecosystem. Users can also use them to

  • Upgrade their land plots.
  • cover integration fees,
  • grow trees for higher returns,
  • Take part in the governance of the gaming world.

Here are the details of the token and the IDO.

Ticker: $PECL

Token Standard: BRC20 and BEP20

Total Supply: 50,000,000,000

The IDO will take place on different platforms.

Here are the details for GameFi.org:

Total raise: $150,000

Sale and token network: BNB Chain

Whitelist: January 19–Jan 23, 2024

IDO date: January 24

Redkite

Whitelist registration time: 05:00 UTC, Jan 21–08:00 UTC, Jan 23, 2024

Sale date: Wednesday, January 24, 2024

Price per token: $0.00008 per PEC

Vesting schedule: 20% TGE, Cliff 1 month, block by block in 6 months

Network for IDO: BSC

Accepted currency: USDT

Total raise: $100,000

Ratspad

Launch date: January 24. Find more details here

As an investor, it’s normal to think about the benefits of joining an IDO. PECland has lots of pros. For a start, it’s riding on the BRC20 narrative. Also, it has a good structure and well-outlined plans. Follow @PEClandOfficial on X and stay tuned to the IDO.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This post is sponsored by PECland.

Copyright Altcoin Buzz Pte Ltd.

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