About the Token
$PPP Ecosystem
$PPP will be the native token used for all games available on the platform. This creates a constant demand for both our players as well as investors.
As we build the platform, what we are conscious about is the obnoxious gas fees per transaction. Needless to say, this remains a consistent burden across many projects.
Proprietary E-wallet technology and ZK-rollups
What we have developed as a solution is to leverage Zero-knowledge Roll-ups (ZK roll-ups) and Proprietary e-wallet technology.
What this means is that upon depositing into your $PPP account, you will be credited with $PPP credits which have an exchange rate of 1:1 to the native token.
Every transaction you make on the gaming tables will be logged on our internal databases but not count as a blockchain transaction.
We will then package thousands of these transactions and have it sent to the blockchain by leveraging ZK-rollup technologies which will be automated based on our algorithm so that transactions remain accounted for on the blockchain.
Withdrawals of credits will then be exchanged on our in-built e-wallet where you can exchange your $PPP credits into the actual $PPP tokens, 1:1.
Why ERC-20
PepePoker Token ($PPP) is the utility token of the PepePoker platform. It will be launched as an ERC-20 token on the Ethereum Smart Chain. This was a decision made after careful deliberation.
1. Large User Base
Ethereum continues to be the most widely used decentralized Layer 1s in the world - with millions of users across the globe. By launching $PPP as an ERC-20 token on the Ethereum Smart Chain, we can tap into this user base and reach a wider audience of potential players and investors.
On top of that, it is apparent that there has been increased activity in Ethereum projects as shown on Dextools. Ethereum has thrived despite bear markets and we believe that in order to build a sustainable platform, it is paramount that we build upon the Ethereum ecosystem.
Launching $PPP as an ERC-20 token is a strategic decision that can help to drive the success and growth of the PepePoker platform. It provides a fast, efficient, and cost-effective way for players to use PPP for gaming and other activities, while also increasing the potential for network effects and value appreciation over time.
2. Collaboration
One of the many benefits receivable by building on top of ERC-20 is the opportunity for collaboration across the entire Ethereum ecosystem. NFT enthusiasts and alt coin enthusiasts alike have formed their own communities. We plan to work closely with these communities to ensure that the initial token launch of $PPP is spread across multiple stakeholders such that a credible, sustainable gaming ecosystem can be ensured.
3. Optimized Gas Fees
We understand that Gas fees can be quite a barrier to entry especially within the ERC ecosystem. Fortunately, because of network effects, several optimization deployment strategies have been developed to optimize for Gas. We will be utilizing ERC721A in our contracts to ensure that our users enjoy the least amount of gas possible.
Last updated