What is Roco All About?

Rocofinance
9 min readJun 25, 2021

GAMES MEET BLOCKCHAIN

Company History

The Roco Finance was born in 2021.

Riseonline is the first partner game of Roco Finance with over 100.000 users.

Roco Finance is processing approximately one million USD per year in virtual good

We’ve had a great start with Rise online. We have presented ALPHA 2.0, with our number of users over 100,000. Your requests are always very valuable for us. We share with you the justified pride of being the first MMORPG game in Turkey.

We have a dream; Breaking new ground, Roco Finance has now started to develop products that will integrate blockchain into the games. We are currently testing our products in our first game called Rise online. We set out with the mission of a technological service provider on blockchain not only for our own games, but also for all games in the global market.

Let’s briefly talk about our products and the Roco token;

Roco Finance’s Products

NFT Market

Staking & Farming pools

Roco Starter (Launchpad)

Mobile Wallet

Payment Gateway

Applications ( Software development kits (SDKs), APIs, game add-ons)

Roco is a crypto asset developed on AVAX network for using in Roco Finance’s own game ecosystem and partner games. The main purpose of Roco is to provide service to game developers, content creators and player communities through the blockchain network.

Roco, provides NFT services to game developers and player communities for the management, distribution and exchange of virtual items. It enables these transactions to be carried out over the blockchain network. Creates staking pools for partner gaming companies to manage and earn rewards for their players. At the same time, Roco holders can earn rewards by staking their tokens in staking pools. Roco also provides open source software development kits (SDKs), APIs, game add-ons, virtual items management applications and a payment systems platform service.

It is the first project that aims to unite both game developers and player communities with the Play and Earn philosophy by blockchain. While making improvements for players to gain crypto assets in the game with game add-ons, it also provides a decentralized platform service where players can buy and sell their virtual items with the NFT Market, thus ensuring that NFTs have real world asset. Players can bring their in-game earnings to real-world values, or exchange real-world values ​​into the game, and grow their digital wallet for real value while playing. Players can trade in the real world while having fun.

Roco Starter mediates the promotion of promising game projects in the seed and incubation stages. It organizes IDOs for partner companies to meet and invest with player communities. It provides technological opportunities for partner companies to use the blockchain infrastructure. Provides technical support. It contributes to the token economy of projects with the staking and farming efficiencies that will be provided after the seed and culture phase, and provides safe trading opportunities to investors with the liquidity provided.

PROBLEMS &SOLUTIONS

Roco enables Game developers and player communities to manage their virtual items used in the game. It brings a general reputational value to virtual goods by aiming to use these virtual items on multiple platforms. With the Roco token, all virtual items become real world value and highlight the pioneering mission of the Play & Earn system. It creates additional value for the entire game industry by doing all these with the principle of transparency on decentralized platforms.

The exchange of very valuable items in the game cannot be performed with the existing value in the game. This causes item exchanges to be exchanged outside of the game platforms or p2p trading. There is a high rate of fraud in p2p trading , which does not have any standard or rules.By transferring Roco tokens into the game, users will be able to easily exchange these valuable items. Thus, fraud attempts will be eliminated. Users can also use Roco tokens outside of the game, purchase items from the NFT market, or convert them into dominant crypto assets such as Avax.

Players who find the p2p item trading unsafe are using item swap platforms. In this case, they have to pay both time-consuming and high commission rate. This is the main reason that triggers p2p trading. Users who do not want to pay high commissions prefer to exchange among themselves, and this situation increases the number of victim users and at the same time has a negative effect on the brand value of the games. Roco NFT Market allows you to purchase all virtual goods as NFT. NFT, in other words “Non-Fungible Token”, is defined as a “unique digital asset” that contains evidence of the digital equivalent of a picture, sound file, video or physical asset. Roco uses this technology to transform virtual items into unique digital assets. With the blockchain, it transforms the trading system into a fully transparent, while also eliminating the ownership problem.

Each game has its own game currency. This value can only be used in those games. This situation creates a negative effect for users who want to experience different games. This financial behavior of the players also reduces the user demand for new games.With the payment systems platform that Roco Finance has developed, Roco tokens turn into a mutual value tool for all games. Players have the opportunity to use this crypto asset in all games. In this way, Game earnings turn into a valuable payment asset that can be used in all games.

Developing a new platform for virtual items is time consuming and costly. Integration of a technology such as blockchain into games requires serious R&D work. Marketing process and security issues are other reasons that keep game developers away from the blockchain industry. Roco Finance provides technological infrastructure for both its own games and partner companies. Roco provides open source software development kits (SDKs), APIs, game add-ons, virtual items management applications and a payment systems platform service.

Game developers face a number of problems in promoting and selling their crypto assets. The development and promotion process has serious costs. Gaining the trust of users and investors is another factor that increases the cost of time. For this reason, even if game developers have very good products, they cannot get the desired benefit from these processes due to unnecessarily high costs and time loss.

Roco Finance mediates with the Roco Starter IDO platform to promote valuable and promising game projects at the seed and incubation stage. It organizes IDOs for partner companies to meet and invest with masses of players. It provides technological opportunities for partner companies to use the blockchain infrastructure. Provides technical support. It contributes to the token economy of projects with the staking efficiencies to be provided after the seed and culture phase, and provides safe trading opportunities to investors with the liquidity provided.

Functional Benefits

Faster transactions and cheaper fees.

Provable rarity of items.

Storage of items outside games.

Use of items in our partner games.

Secure Delivery Regulated P2P item trading.

Easy and secure in-game item trading.

Allows very valuable and rare game virtual items to be bought and sold as NFT

Developers Benefits

R&D costs of partner companies decrease as they use Roco Finance products.

With the purchases made in our NFT Market, we ensure that all transactions are carried out in a transparent and secure manner. Thus, we minimize chargeback and fraud transactions.

Genuine ownership will bring more loyalty to gamings.

We manage the IDO process of game developers with Roco Starter. We support them at every stage of their crowdfunding process.

Game developers can make initial asset offering through our NFT Market before even at pre-launch or post-launch of the games.

Investors Benefits

Roco token holders can stake their own tokens and earn rewards.

Roco token stakers have priority participation in IDOs at Roco Starter.

Roco token stakers can earn airdrops from partner games tokens.

Roco Finance will organize a buyback program every year. Buyback amount is 10% of annual revenue.

20% of revenue is used to incubate projects developed via our tools.

10% of revenue is used to provide liquidity — Roco and launched games.

About Riseonline

Riseonline is the first MMORPG game partnered with Roco Finance. We had a great start with Rise online. We have presented ALPHA 2.0, with our number of users over 100,000. Riseonline will launch the closed Beta Version at the end of August. We have a dream; Breaking new ground, Roco Finance has now started to develop products that will integrate blockchain into Riseonline

Roco Events at Riseonline

The first game patnered with Roco Finance is Risonlineworld in MMORPG style. Numerous events will be held in this game where you can earn Roco Tokens. When you defeat monsters in the game, Roco tokens will drop like a usual item drop. However, you will also have the opportunity to earn thousands of dollars worth of Roco tokens at Boss Events. You can also earn Roco tokens with airdrops that will be made in the game at certain intervals. Roco tokens to be distributed in the game are calculated with a specific algorithm. The amount of Roco tokens to be distributed will vary according to the market price. One million USD worth of Roco tokens will be distributed to game players per year.

Events

Roco token rewarded missions.

Roco token drops from defeated monsters.

Boss Events.

PVP Tournaments.

Clan Wars

Income Model Of Rise Online

Selling rare virtual items at the NFT market.

Season tickets.

Monthly subscribtion Fees.

In-game ads.

The expected annual revenue is around eight million dollars when calculated over one hundred thousand users per year. Only Turkish players are included in this calculation. When our global market target is reached in the future, the potential for increasing in our revenues will be higher.

Our Advantages

We have over 100.000 users for the begining.

$1,032.000 initial market cap.

Network : AVAX Lower fees and faster transactions.

We are not only a service provider but also a game developer.

The usecase of Roco token will be expanded by developing new games by Roco Finance.

With Roco Starter, the usecase of Roco tokens will be more efficient.

Value-enhancing marketing activities will be carried out with Staking and Farming pools.

We have the best MMORPG game in the blockchain world.

We are sharing our profits with our investors.

TOKENOMICS

BOUNTY PROGRAMS

1M Usd worth of Roco Token will be distributed in 2021 as a rewards to our Roco token stakers and game players.

Stake Rewards

Roco token holders will be able to earn Roco token rewards by staking their assets in our pools. The annual award rate will be announced on our website. This reward rate can be increased or decreased depending on the market conditions.

In-Game Rewards

The first game developed by Roco Finance is Risonlineworld in MMORPG style. Numerous events will be held in this game where you can earn Roco Tokens. When you defeat monsters in the game, roco tokens will drop like a classic items drop. However, you will also have the opportunity to win thousands of dollars worth of roco tokens at Boss Events. You can also earn roco coins with airdrops that will be made in the game at certain intervals. Roco tokens to be distributed in the game are calculated with a specific algorithm. The amount of Roco tokens to be distributed daily can be increased or decreased. The market price of Roco tokens will be decisive in this regard.

TOKEN INFORMATION

Name: Roco

Ticker:Roco

Decimals:18

Network:Avalanche

Contract Adress: 0xb2a85C5ECea99187A977aC34303b80AcbDdFa208

ROADMAP

As Roco’s vision is to build a blockchain gaming ecosystem, we have already started working with leading blockchain projects such as Avax, and we are looking for more partners in both the gaming and blockchain field.

Stay tuned…

Over the next few months, we’ll be sharing more info about our technology, project progress, and our plans moving forward. Meanwhile, we’d love for you to join our community of game developers and crypto enthusiasts!

Twitter I TelegramI Discord I Github I Medium I Instagram I

Youtube I Linkedin I Website I E-mail I Contract Adress I Whitepaper

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Rocofinance

Roco is a crypto asset which offers an ecosystem of integrated blockchain software products for games.