Table Of Contents
- What Is Petoverse?
- Auto-Staking & Auto-Compounding Protocol
- Petoverse Insurance Fund (PIF)
- Game Treasury
- How Petoverse APY is Calculated
- Petoverse Plaza: The heart of the game
- The ways you can utilize the NFTs in Petoverse are as follows:
- Marketing Plan
- VR Experience
What Is Petoverse?
Petoverse is a virtual reality MMORPG universe within the MetaVerse world that aims to serve as a place of enjoyment that can also provide income with Petoverse Auto-Staking & Auto-Compounding Protocol. The income sources in Petoverse do not just stop at Auto-Staking & Auto-Compounding Protocol, there are also a variety of NFTs to be bought and sold within the Marketplace. Well, of course, the game will also give a heck of an income to the players.
Petoverse aims to cover all the varying interests in the crypto space, from being a utility token to integrating newer concepts like the MMORPG Metaverse.
Petoverse Auto-Staking & Auto-Compounding protocol will serve as a source of passive income to $PETO holders. With 8% burned in the Inferno Pit for every transaction, the price of $PETO will keep rising and increase in value. Petoverse also has the Petoverse Insurance Fund (PIF, in short) to ensure the stability of price and the security of the holder’s investments.
Apart from the Auto-Staking and Compounding protocol, Petoverse main focus is to bring out the Metaverse MMORPG game potential to the crowd. This animal-themed metaverse is bringing out the cuteness from each character to ventured around Petoverse Universe. Travelling around dungeons, meet different people, and live in the future!
Petoverse is a melting pot of many awesome and successful gaming projects from Sandbox to Axie Infinity. Petoverse’s uniqueness will stand out from the growing gaming industry with the adventure that it will give to all players, regardless of the users previous gaming experience. With a clear game development plan, the community is invited to follow along every step of the way right up through the full game release.
Our Vision is to provide a magical experience to each user in every gameplay. We also aim to be the game of the year when our full game is released.
Our Mission is to bring our vision into reality! We aim to create a Virtual Reality World as a means to escape reality and interact with different kinds of people, in-game, from all over the world.
Petoverse (PETO) Current Price
Auto-Staking & Auto-Compounding Protocol
The Petoverse Auto-Staking Protocol (PAP) is a financial protocol that allows an easier, more efficient transaction when staking. It grants $PETO token holders the highest stable returns within the crypto space.
PAP gives the $PETO token automatic staking and compounding features. It also features the highest fixed APY in the market at 2,087,120.50% for the first 12 months. Our PAP protocol grants exceptional benefits for holders of $PETO:
- Easy and Safe Staking – The Petoverse tokens always stay within the holder’s wallet. So, there is no need for a third party or a centralized authority. Holders will automatically receive rewards in their wallets, minimizing the complications of staking.
- Low Risk with the Petoverse Insurance Fund (PIF) – 3% of all trading fees are stored in the Petoverse Insurance Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
- Interest Yield with Automatic Payments – You need not worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your wallet, guaranteeing you will never miss a payment.
- Rapid Interest Payments – The Petoverse Protocol pays each $PETO holder every 15 minutes (which is 96 times each day), making it highly rewarding auto-compounding protocol in the space.
- Highest Fixed APY – Petoverse pays out at 2,087,120.50% in the first 12 months which rivals anything in the DeFi arena to date. After the first 12 months, the interest rate drops over a predefined Long Term Interest Cycle period.
- Auto Burning Mechanism – One of the exciting features of the Petoverse Protocol is an automatic token burn system named “The Inferno Pit” which prevents circulating supply from getting out of hand and becoming unmanageable. The Petoverse burns 8% out of all Petoverse token market trades.
Petoverse Insurance Fund (PIF)
PIF is the acronym for the Petoverse Insurance Fund which is a separate wallet in the Petoverse Auto-Staking Protocol(PAP). The PIF uses an algorithm that backs the Rebase Rewards and is supported by a portion of the buy and sell trading fees that accrue in the PIF wallet.
In simple terms, the staking rewards (rebase rewards), which are distributed every 15 minutes, are backed by the PIF parameter. This ensures a high and stable interest rate for $PETO token holders.
3% of all trading fees are stored in the Petoverse Insurance Fund which helps sustain and back the staking rewards created by the positive rebase.
PIF Keeps holders safe by
- Avoiding flash crashes through price stability
- Achieving long-term sustainability and future growth of the Petoverse Protocol
- Greatly reducing downside risk
The Game Treasury plays an Imperative role in the Petoverse Auto-Staking Protocol protocol. It provides crucial functions for the growth and sustainability of Petoverse.
The Game Treasury functions as additional financial support for the PIF. This additional support can become important in the event of an extreme price drop of the $PETO token or unforeseen black-swan event. It helps to establish a floor value for the $PETO token.
The Game Treasury may also be used to fund new Petoverse products, services, and projects that will expand and provide more value to the Petoverse community as well as providing funding for marketing.
How Petoverse APY is Calculated
The APY is calculated from the reward yield (a.k.a. rebase rate) using the following equation:
It raises to the power of 35,040.00 because a rebase happens 96 times daily. Consider there are 365 days in a year, this would give a rebase frequency of 365 * 96 = 35,040.00.
A brief mathematical run down in minutes to yearly:
0.02838909% per 15 minutes
0.11360473% per hour
2.76243269% per day
21.0153991% per week
126.480754% per month
2,087,120.5% per year (APY)
P = (Principle + Interest) = $100
A = (Total Accrued Amount) = $2,087,120.50
Petoverse is a virtual reality MMORPG universe within the MetaVerse world with a unique adventure featuring our lovely pets in their journey to travel around the Petoverse.
Petoverse Plaza: The heart of the game
The Petoverse Plaza will be the hub of the Metaverse world where the player’s avatars are extensions of the player’s minds and bodies. This will be the heart of the game as players can create guilds, form communities, create income, craft clothes, and mint or sell their items.
Here are the 5 places that are available within the City Plaza:
The transactional hub for all things in the game. This is where you can sell, buy, or auction your costume sets. The Marketplace will be the place to be if you want to buy or sell your items.
2. House Of Fortune (HOF)
The House Of Fortune (HOF) is where you can win awesome prizes like costume sets or money! There will be fun games that you can participate in at the HOF.
This is where guilds can be formed and users able to commune. Ten to twenty members are allowed per guild where you can create and grow your community. All while chilling and relaxing your way through the space.
4. Fashion Mall
The players can buy fashion-related items in the Fashion Mall. Create and Experiment with your style in the Fashion Mall.
The player can mint all of their unique and cool items in the Peto-Forge. The items they mint will be forever integrated with the blockchain.
The Petoverse Plaza will also host another awesome feature called Peto-Ads. Peto-Ads is a way for Players to run ads in the Petoverse Plaza. This way, the gamer can be a businessmen or businesswomen and advertise their product within the Metaverse. Allowing you to garner attention to your product and grow your business; thus, increasing your income.
This is one of the most fun parts of the Petoverse Metaverse, Petoverse also has a very exciting Dungeon that you and your friends can conquer. Every great hero will always face hardship in their conquest. But none of the conquests are as fun as this one.
When the players are traveling around the Petoverse they will meet come face to face with different adversity and battle many unique opponents to win the game. The Petoverse main dungeon map covers several locations:
- The Undead’s Palace
2. The Ancient Dungeon
3. Tribe Forestry Jungle
4. Amazonia Forest
The Petoverse Metaverse has plenty of adventures that you can soon experience firsthand. The Plaza will be the transactional and interactional hub in the Petoverse Metaverse. You will also experience the exciting undertaking of conquering a dungeon.
The NFT has been growing and continues to do so at a very rapid rate. Petoverse is looking to capitalize on this ever growing market while continuously adding more to Petoverse.
Petoverse will also have a vast variety of NFTs in our NFT marketplace. You can Mix and Match the NFTs and give flair to your costume. The NFTs in Petoverse will also be a source of income for you. You can buy and sell your NFTs for potential profits and earn even more money for yourself.
The ways you can utilize the NFTs in Petoverse are as follows:
- Costume – The players will have the freedom to mix and match all the NFT fragments based on the preferences the player has. The more stylish you make it, the more unique and fun it is.
- Boost – The complete set of NFT will serve as an in-game boost for the player. There are many kinds of boosts such as Revive, power-ups, etc. This will enhance the gameplay to the next level.
- A key to starting to earn – Yes the NFT will also serve as a key for players to start earning in the game. The requirement is not complicated. The players just need to own 3 sets of NFT and they can instantly start racking up cash.
All the first generation of NFT will have the rarity of common But rest assured there will be more NFT with different rarity to come to Petoverse.
The price of selling will vary depending on the buying demand.
Initial Supply: 800,000 $PETO
Max Supply: 800,000,000 $PETO
$PETO is a BEP-20 token which is hyper-inflationary in nature. This native currency dispenses properties essential for passive income generation through providing 0.02839% interest every 15 min, which makes 96 times in a day. The protocol is a self-designed and drafted network and is not essentially a fork of any other project. With its Auto-Burn, Inferno Pit configuration, marginal starting supply, and 15-minute Epoch’s, our Petonomics are entirely unique, allowing for a much more exponential APY evolution of attainability.
$PETO supply is Elastic & continues to grow throughout the rebase protocols functionality instilled within the contract.
It’s important to remember, that although the supply is always growing through auto-compounding, the supply is also continuously being burnt. 8% of every txn goes to the Inferno Pit, where tokens are stored and burned. Additionally, these tokens are also subject to the autocompound feature. Therefore the burned supply is constantly growing as well. This system of checks & balances inplace and the constant back and forth between minting and burning will work to ensure that we stay well within our set supply range
- PIF – Trading fees are stored in the Peto Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
- PALE – Trading fees goes to backing the liquidity of the BNB/PETO pair on PancakeSwap ensuring an ever-increasing collateral value of $PETO.
- Inferno Pit – 8% of all $PETO traded are burnt in the Inferno Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $PETO and keeping the Petoverse protocol stable.
- Game Treasury – Trading fees go directly to the treasury which supports the PIF and provides a marketing budget and funds for the game development.
Marketing is one of the crucial elements of a successful project. That is why we have come up with a simple goal which Is to create an amazing impression to all. We aim to leave a great impression in everything from the game to the NFT. We are also committed to the community and the player and only them. We will also leave a great impression by displaying our Uniqueness. With a great impression, the players and the community will be spreading the word and reaching more new people.
The Promotions are as follows:
✅ Crypto & Gaming Influencers
✅ Celebrities Collaboration
✅ Youtubers Collaboration
✅ Major Crypto Platforms Advertisement
✅ More to come
Virtual Reality, or VR, is the use of computer technology to create a simulated environment that can be explored in 360 degrees. Unlike traditional interfaces, VR places the user inside the virtual environment to give an immersive experience.
The VR feature will be integrated into the PetoVerse in the coming future!
Players can interact with each other in real-time. There are no limits to the experience the people feel. It will all be possible in the future of the Petoverse Metaverse.
In the future, players can also play the running game in Virtual Reality. The game will become 10 times better and gain more complexity.
Phase 1 :
- Foundational Phase: Token Concept Development
- Foundational Phase: Game Concept Development
- Foundational Phase: Website Development
- Foundational Phase: Writing and Editing of Whitepaper
- Foundational Phase: Smart Contract Development
- Foundational Phase: Game Development
- Deploying Stage: Smart Contract Release
- Foundational Phase: Full Audit for Smart Contract
- Foundational Phase: NFT Concept Development
- Deploying Phase: Website Launch
- Deploying Phase: RugFreeCoins Audit
- Deploying Phase: RugDoc KYC
- Deploying Phase: Press Release Marketing about Project
- Fair Launch Presale
- 5,000 $PETO holders
- CoinGecko Listing
- CoinMarketCap Listing
- Building Phase: Final Development of Game
- Building Phase: Final Development of NFTs
- Deploying Phase: Game Alpha/Beta Releases
- Deploying Phase: Press Release Marketing about Game and NFTs
- Deploying Phase: Twitter Marketing
- Deploying Phase: YouTube Marketing
- CEX Listing
- Certik Audit
- Deploying Phase: $PETOGEM Release
- Deploying Phase: NFT Marketplace
- 10,000 $PETO holders
- 10 million Market Cap
- Building Phase: P2E Function in Final Development
- Building Phase: Integration of Minted Items in the Blockchain
- Deploying Phase: P2E Function Available
- Deploying Phase: YouTube and Twitter Marketing Campaign
- Building Phase: Multiplayer and PvP Function in Final Development
- Deploying Phase: Multiplayer Zone Available
- Deploying Phase: PVP Available
- 15 million Market Cap
- 20,000 $PETO holders
- Building Phase: Petoverse Plaza and Metaverse in Final Development
- Deploying Phase: Petoverse Plaza Available
- Deploying Phase: Metaverse Available
- Deploying Phase: New Maps
- Next Phase Development
- Building Phase: Customized Merchandise
- Building Phase: Expansion of the Petoverse World
- 20 million Market Cap
- 25,000 $PETO holders