POVO Gaming & Staking Platform Offers 10425.00% APY (Upto 50x)


Frictionless yield & liquidity generation protocol for game lover. Povo is deflationary in it's nature


Povo Features

In-game items crafting
In-game items crafting is a skill or set of skills option specifically provides in massively multiplayer online games or role playing games and other game genres. It allows the users to use basic tools within the game to construct a tool for themselves to use later, more likely for the purpose of competitive edge over other participants. Other game genres where crafting tool is available are, FPS team fortress 2, which allows its users to combine different weapons to create a new one. Or, sandbox Minecraft, which allows players to create and repair their weapons.

Cross-chain interoperability and custom wallets
DeFi has a motive to incorporate traditional financial services in the cryptocurrency ecosystem. This can only be possible if each blockchain in the ecosystem can communicate and transfer information and data to other blockchains. A reliable and smooth transaction among these blockchain will enable to introduce traditional financial services to the digital currency ecosystem. Moreover, some platforms offer custom wallets where one can store more than one currency and use the interchangeable.

Multiverse gaming
The concept of multiverse gaming can be described as a set of parallel world, where the players can theoretically travel from one universe to the other with advancements in their levels and gaming tools. Sharded virtual worlds such as Ultima online are similar in nature to multiverse games, however transportation and communication in sharderd worlds is not as easy as the traditional multiverse games

Tokenize character items
Tokenizing characters is a process followed by search engines to break the context into multiple characters to analyze. These broken pieces of information are then used by different algorithms for indexing, and to answer queries. In a business model, tokenization is the process of sensitive data of with specific symbols to retain the privacy of the document. These symbols or context are non-sensitive information often referred to as tokens. These tokens can be created by using a mathematical cryptographic function, a nonreversible function, or an index function.

Gamer/devs can introduce their own token
Blockchain has revolutionized the world of gaming. It allows the projection of value in intangible assets. It helps gamers to securely store their in-game assets. These in-game assets can then be stored in the form of a token. And these token can in turn be monetized or swapped with other digital funds. This facility is provided to both developers and gamers.

Dapp Store and game studio integration
Decentralized applications are a set of programs that harness excess power from different nodes globally. These are community driven application. One example of these are bitcoins. The integration of Dapps and gaming can create a brainchild which will allow making features of blockchains in gaming. These features might include, a decentralized gaming structure, secure storage of in-game assets, trading of gaming tokens, and interoperability among different games.

Benefits For Players

Anyone who own asset povo game assets will get:
Transfer Items to another accounts
Melt the items to get values
Use the items in other supported games

Game tournaments between players and get high prize & reward
AI deep learning will give different experience to players
Seamless reward withdraw, either in crypto or paypal

Povo Mission

Povo is a gaming platform that incorporates blockchain technology. The platform aims at providing its users with multiple services by expanding it horizon to both blockchains and gaming. It aims at providing its users with a multi-chain solution, which allows them to create their own blockchain solutions. It also allows the game players to earn and cash out their rewards without any time limit. Moreover, it offers a lower barrier for entering an advanced financial ecosystem, with no deposit and withdrawal limits. Lastly, the mission of gPlayer is to provide its users an efficient NFT ecosystem for gaming. Where players can literally own and control whatever they buy, earn or craft. NFT and gaming are the undoubted match made in heaven for the success of a specific platform.

Povo Vision

The vision of gPlayer is to provide a profitable gaming platform for its users, The platform has tried to combine the essence of decentralized finance and gaming to create a brainchild that incorporate the feature of both parties. The main agenda behind this is to, ‘Pay and Earn’. Gamers can now find the facility of utilizing their hobby as a means of generating passive income. It has combined the facilities of NFTs, multi-chain blockchain solutions, reliable asset transfer, and many other functionalities under one umberella.

Staking is referred to the act of pledging your funds in a cryptocurrency wallet in exchange of rewards. The process of staking involves locking up your crypto assets in order to act as a validator in a decentralized crypto network. It is one of the service that we offer you at Povo.finance. Through staking you will be able to make money on your digital assets while sleeping. This passive source of income is just one of the many benefits of vigilantly utilizing your digital assets. In order to fully under the perks of staking, you need to have clear understanding of how staking work. For this purpose, let me break it down for you.

What is staking?

In simple words, staking is holding your funds in a digital wallet, once you hold up your funds for a certain time period, you start receiving compensations accordingly. During that time period you cannot use your funds. Does this mean that any individual with even one token in his wallet can stake it to become a validator? The answer is obviously, NO. To become a validator and earn rewards through staking you should have a certain amount of tokens in your wallet. For example, in case of POVO, we offered 10425.00% APY.

How does staking works?

The higher the number of staked digital assets, the higher the reward will be. These rewards are then distributed on-chain, meaning that the process of earning these rewards in completely automatic and is not violated by any interruptions from a third party. These rewards can be assumed as a voting right of the validators. Staking is a less resource-intensive alternative of mining. One other concept to understand staking is proof-of-stake. It is a consensus mechanism that allows the blockchains to operate energy efficiently meanwhile, maintaining a decent degree of decentralization. Let’s take a deeper look into this concept.

Proof-of-stake (PoS)

If you are already familiar with the working of bitcoins, you must have also known about proof-of-work. PoW is a mechanism which allows transactions to be gathered as blocks. Miners compete to solve a complex mathematical puzzle, the one to solve the mathematical puzzle first gets the right to add the block. These blocks combine together to make a blockchain. Each time a new block is validated, raw tokens of that currency are minted and distributed among stakers as a staking compensation. However, Proof-of-work involves a lot of arbitrary computation that leads us to the problem of higher computational cost. Proof-of-stake is a counter response mechanism for this problem at hand. Proof-of-stake is used to make sure participation in blockchain consensus through utilizing the assets of validators as collateral. Additionally, validators are selected randomly to create a block. Unlike proof-of-work where miners compete to add a black, in proof-of-stake, to become a validator, asset holders needs to lock up their funds in their crypto wallets. If proof-of-stake is assumed as a democracy, tokens are then referred as votes. The number of tokens for each validator determine the extent of influence of their vote on a particular consensus.

What are we offering you?

At POVO any participants will be able to create their own token with their desired names. These token will then be backed by POVO. You will be able to use your newly generated tokens to setup your staking pool. Here you will be able to earn substantially higher APYs on your staking pools, compared to holding your funds in other means of financial markets.

Key features

  • You can stake your POVO at any time you choose. You can stake any amount of POVO you wish;
  • Once staked, the contract will deliver a reward continuously for as long as tokens remain staked;
  • You can withdraw any amount of staked POVO tokens without any locking period.
  • You are free to stake additional amounts at any time;

Annual Percentage Yield & Pools

POVO holders will be able to participate in rewards in two ways.

  1. POVO holders can provide liquidity to our trading pair at povo.finance, and stake LP tokens into staking platform.
  2. POVO holders can stake POVO to earn more tokens.

APY will start with 10425.00% APY, and can drop till 157.88% APY if 90% of holders stake.

Why APY is dropping?

There are limited amount of tokens that are supposed to be distributed across staking pool, that means if amount of stakers increase, it effects the distribution ratio and thus decreasing APY.

When will staking platform launch?

The platform will be available to stake POVO tokens on 17th August, 2021 6pm UTC.

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POVO Gaming & Staking Platform Offers 10425.00% APY (Upto 50x)
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