“LIFE IS A GAME”

GameFi
6 min readAug 10, 2021

PIKA Crypto is an ERC-20 project that has a whole ecosystem to it. This ecosystem will have 3 different coins: PIKA, THUNDER & RAI. We are setting the standard with NFT card booster packs, evolutionary staking and deflationary tokenomics, which is just some of our electrifying features. Members of Pika Crypto have unlimited choices in how they decide to profit. You can evolve to our Thunder and Rai coins. These allow you to access rarer NFTs and booster packs. Alternatively you can stake, allowing you receive passive income every fortnight. Sit back and watch the supply run down as more transactions happen. Our charts are bot free due to our 2.25 % entry and exit fee so no need to worry about being frontrun. Welcome to Pika Crypto. Where the possibilities are endless.

What’s special about $PIKA

Game-Fi is a term coined by the Pika team to describe it’s ecosystem. The term Game-Fi is a combination of two words, Gaming and Finance.

The gaming part derives from users being able to do a variety of things with their coins. Users can stake to gain more, evolve to much rarer coins using a fixed conversion rate and use their coins to buy NFT’s for our soon to come Trading Card Game. There are different ways of playing the game and many ways to financially profit. Check out Pikacrypto.com to get started!

Welcome to PIKA. Welcome to Game-Fi.

With this statement, we want to explain our intentions and share with you BIG BULLISH NEWS regarding our project!

As most of you have noticed and commented about, there are a few top holders that have been dumping whenever $PIKA is doing well. We realize what a downer it is for all of you seeing this, so we took action.

It is important to know that at least one of these top holders was a part of the Pikachu team, which created the Pikachu Token for the purpose of a Pump n Dump. Not Cool.

It has come to our attention that this holder along with a few others are involved in scams and rug pulls as well as other nefarious activities and token manipulations.

The reason that we didn’t announce anything about the transition to the new contract, was the fact that this would have tipped these people off. They would have probably drained the liquidity pool themselves. We decided to do it this way, knowing that unfortunately this would cause panic and confusion, but only temporarily. With this we had the best intentions in mind, to save the investments of our investors. That’s YOU!

It was clear their vision does not align with that of the PikaFam. It was also revealed through a risk analysis that this was the best course of action. This was discovered during the formation of the corporation. We received the green light from our lawyer to exclude them from the new contract.

We are legally within our right to weed out these bad actors to ensure the safe development of our company. 👌🏼

It was a delicate process and we wanted to ensure we were not excluding anyone that was NOT involved in nefarious activities or could potentially seriously harm the project. If YOU had your tokens held and feel that it was a mistake, you have 30 days to contact the team and we will review your case. For the good of the community and to ensure the security of our project, we have NOT included these addresses into the new contract.

This means ALOT LESS SELL PRESSURE. Watch out for those GREEN CANDLES!

We wanted to make sure this was all a smooth process and include the updates the community has been discussing. So really, there are a few reasons we decided to move forward with a new contract, which is detailed below. The current token has negative consequences regarding VAT (Value-Added Taxes). The new $PIKA contract is a bit simpler and also has quite a few benefits for the community we know you will enjoy :)

It will enable us to improve the contract with future releases as well. Before we had to liquidate PIKA to continue funding the project. Now, it is all done by the smart contract, meaning we do not impact price anymore. The Corporate wallet (formerly team wallet) is in ETH so there will be no impact on price when we pay business expenses like marketing and blockchain fees such as those from APIs. $PIKA TO THE MOON!

For the best results and to ensure a successful development and price growth, we decided to release only $PIKA!

But don’t worry, we will be converting your THUNDER and RAI back into $PIKA with the proper ratios. THUNDER and RAI will be re-released at a later date along with their use cases. This ensures utility to the tokens beyond the tokenomics of the tiered system. Stay tuned for release dates!

Talking about the corporation:

WE ARE NOW OFFICIALLY A CORPORATION!

GAMEFI is registered in Switzerland 🇨🇭

There are a lot of benefits setting up $PIKA as a stock corporation.

ATTENTION: We are proud to be THE FIRST COMPANY that was able to use PIKA to setup a corporation in Switzerland. What does this mean? Well, to put it simply, $PIKA is bona fide and not to be compared to “shit-coins” with no utility or real use-case. It’s up and up from here!

$PIKA is now under GameFi AG. Same token name just with an official corporation running it! Our new motto is “Life is a Game”. We have a sweet new logo too! The official purpose of GameFi is the development, promotion, implementation and operation of technological solutions using the distributed ledger and blockchain technology, particularly in the field of gamification solutions to e-sport and real life sport entertainment as well as the provision of related services. Beyond that, we aim to connect and educate the traditional world about distributed ledger and blockchain technology in all aspects.

With the corporation, one of the first things we are setting up is a donation to charity, to be announced once it’s approved!

We are greatly expanding our exposure and reach with the corporation; we will be able to form partnerships with other big-name corporations and this will help with expanding $PIKA into the real world and make $PIKA a household name by putting it in front of non-crypto savvy investors.

We are not only going to be involved with e-sports but with physical sports as well. Start making those suggestions! Have a local team you want us to sponsor for a good cause? Let us know!

Coming soon, real world events YOU can attend, meet up with your fellow PikaFam members and have some fun while helping raise awareness about this wonderful project you are a part of!

Our vision of $PIKA has not changed and $PIKA will stay $PIKA, but after discussions with lawyers and world class marketers, as well as input from some knowledgeable people in the community we have decided to ramp up the professionalism and efficiency. We are proud to be announcing a restructuring of the $PIKA community, this includes upgrades to TG and Discord. Which you may have already noticed.
Regarding NFTs: Our illustrator, Wildner, who is one of the best in the world and worked with Disney, Game of Thrones, Netflix and a lot of superstars, is creating a team of professional artists to work on NFTs. They are going to be AWESOME!

We plan to release our NFT-platform very soon, it’s a TOP PRIORITY.

We have a new high-level marketing team. This team of marketers are working closely with our professional art team to deliver high quality content for advertising and products. We will be releasing details on new partnerships soon!

A lot of you have been asking about the AMAs and we are excited to inform the community that different team members will be holding AMAs each week. Transparency is key! This will allow everyone to be informed and ask questions about the specific aspects of development. We will be ramping up our video releases so no more waiting for a week or two to get a live update on the project. We will also be releasing weekly roadmaps as well as the long-term project goals.

#PIONEERSOFGAMEFI #GAMEFI #PIKACRYPTO
SUMMARY:

  • Old Pikachu Team Wallets excluded (Top Holder)
    - Nefarious wallets excluded
    - Corporation is officially founded
    - Corporation name is GameFi
    - New Motto: “Life is a game”
    - New GameFi logo released
    - First company incorporated with PIKA ever!!
    - Improved tokenomics: Corporation Wallet gets paid out in ETH -> no price impact from the team
    - Fresh start with ONLY $PIKA at the beginning
    - New high-level marketing
    - First charity donation is being done
    - Dextools banner confirmed
    - Future AMAs with different team members
    - New partnerships
    - New team of artists
    - NFT development
    - NFT-platform released soon
    - New staking
    - New social media structure (Discord, TG etc.)
    - Real-life events in the future
    - and much more to come

Follow Our Socials and more at Pikacrypto.com

--

--