Plato Farm is a planting NFT management chain game based on the HECO smart chain. Players own a small farm in the game, where they can grow (raise) animals and plants happily. Players can get MARK and PLATO tokens, and build the barren land into a beautiful and fertile village or city with tokens and many NFT props. Besides, players can also establish their own game guilds and earn while playing!

As a planting management game, there are three stages for each player: Level 1-5, Level 5-18, After Level 18.

Level 1-5: Do tasks for experience to level up, including a task of 10 USDT $MARK transaction volume, which means the lowest up-front cost is 10 USDT.

Level 5-18: Complete orders from Tiger Canteen to earn EXP to level. During this period, players can pick fruit from the trees on their farms and friends’ farms to lease Gift Pack in the fruit bank for tools, crops, etc.

After Level 18: Reaching level 18 enables players to earn $MARK with larger volumes, as shipment orders are the most important part in PlatoFarm economic system, which is unlocked in level 18.

Currently, three major ways are available for players to earn $MARK.

Firstly, Shipment. After reaching level 18, players can complete shipment orders to earn $MARK. Secondly, Tiger Canteen orders. Fulfilling the orders from Tiger Canteen will earn you $MARK and EXP, no level limited. Thirdly, customer’s patronage. Customers visit your farm now and then with certain needs, you can earn $MARK by offering them what they need.

PlatoFarm's economic system consists of two kinds of tokens: governance token $PLATO and Universal Payment token $MARK.

$PLATO is the Governance token, which has 100 million circulations.  Players can obtain PLATO through trading in the market or MARK staking. The more PLATO you hold, the higher status you are in the game with more permissions. 50% of the team’s revenue will be burned to maintain the PLATO deflation. $PLATO stands as a kind of status symbol.

1. The more PLATO players hold, the faster the advanced NFTs mint.

2. By holding PLATO, players are eligible for submitting DAO proposals, vote and share the treasury dividends.

3. PLATO can also pay for the fixed assets in the game, such as lands and factories.

Back to PlatoFarm’s IDO on January 14, 1 million supply of $PLATO on Tokensoft, 5 USDT per $PLATO, and still in lock now, while for the upcoming IEO, 0.02$ per $PLATO in a private sale, 0.05$ per $PLATO in the public round. The $PLATO will be both listed on KUCOIN and primelisted on Huobi on April 22.

$MARK Universal Payment token and circulating medium.

Players can obtain MARK by completing tasks or work (by planting, breeding, processing, etc.). The daily output is regulated according to the F(x) function which is also related to the GDP of the game, and the daily upper limit does not exceed 10 million. In order to maintain the economic cycle of MARK, the system will recycle and burn the MARK when players purchase the tools.

Ways to generate and consume MARK:

• Tiger orders

• NPC orders

• Shipment orders

• My shop

• Phonebooth

• Achievement

• Upgrade Rewards

• Community creation(consumption)

As aforementioned, the daily upper limit of $MARK does not exceed 10 million. In the early period of this project, with limited registered players, such an amount of supply may meet the basic need. But recently, with the rapidly increasing players, the daily need for $MARK supply is way beyond 10 million. Many players have complained that they can only complete one Tiger Orders a day currently, while they were able to complete 5-6 times a day before. Such lack of $MARK supply causes the defection of players, which leads to the deflation of $MARK price(see picture below).

Economic Cycle System

Generally, there are five kinds of NFTS in PlatoFarm, and every NFT can be generated by players. Location Land: Farmland; Fruit Field Factory: Feed Mills; Jam Factory, Bread Factory; etc Farm: Hen House; Cowshed; Pig House; etc Seedling Seed: Wheat Seed; Cucumber Seed; Corn Seed; etc Livestock: Biddy; Dairy Cattle; Pig; etc Sapling: Apple Tree; Grapevine; Banana Tree; etc Product Crop: Wheat; Cucumber; Corn; etc Livestock Products: Egg; Bacon; Milk; etc Fruit: Blackberry; Apple; Grape; etc Ore: Coal Mine; Iron Ore; Silver Ore; etc Processed Product Cattle Fodder; Cream; Pumpkin Pie; Blackberry Jam; Refined Coal; Necklace; Mask; etc. Props Dragsaw; Hatchet; Bangalore; Cart; Wood Board; Paint; Farmland Fertilizer; etc

Rainbow Apple

The officially limited output, can be deposited in the fruit bank to rentdiamond gift packs, or for market transactions. The price is fixedato 100 USDT.

Currently, all in-game NFTs in PlatoFarm can only be traded in the official market with $MARK on three chains: HECO; OKC; BSC. Here is the trading volume with 24 hours, 7 days, and 30 days.

By and large, both the total sales volume and MARK trading volume are quite impressive, which totally indicate PlatoFarm’s current popularity. So it shouldn’t be a problem that players have trouble selling what they have produced. Meanwhile, the market stability(both in supply and demand) can be guaranteed because of the sustainability of NFTs in PlatoFarm.

Community

As aforementioned, PlatoFarm’s current popularity is quite notable, which can be verified by the community scale: 82.6k Twitter followers, 84.7k Telegram members, and 30.4k Discord users, while yesterday’s numbers are 73k, 85.6k, 32.1k.

The daily message in the Telegram group is over 3k, all of which are game-related issues players have encountered.

And two or three tweets a day are appropriate enough to maintain users’ loyalty as much as possible. Meanwhile, the number of game players is also considerable with a total of 314.7k registered users and 12.7k daily online users:

PlatoFarm project was developed by Second Space Studio and launched in 2018. The core members of the project have developed and operated a wide range of large-scale online games and come from world-renowned game teams and blockchain developers such as Jurassic World Evolution, Frostpunk and Farm Together. And here is the investor list:

Highlight:Low Up-front Cost; Easy to Earn; Friendly to Beginners; High Vitality in Players; Certain Stability in Market Anyway, PlatoFarm is a good project for beginners and retail investors, as it takes much time and patience to generate profits.

Please Note: the above content analysis is only for Reference information, not as a basis for investment decision-making. Bitmetis and the author of the report will not be responsible for the user's investment results.

BitMetis

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We aim to build a bridge to connect every aspects of metaverse.

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Where to find us？

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Plato Farm is a planting NFT management chain game based on the HECO smart chain. Players own a small farm in the game, where they can grow (raise) animals and plants happily. Players can get MARK and PLATO tokens, and build the barren land into a beautiful and fertile village or city with tokens and many NFT props. Besides, players can also establish their own game guilds and earn while playing!

As a planting management game, there are three stages for each player: Level 1-5, Level 5-18, After Level 18.

Level 1-5: Do tasks for experience to level up, including a task of 10 USDT $MARK transaction volume, which means the lowest up-front cost is 10 USDT.

Level 5-18: Complete orders from Tiger Canteen to earn EXP to level. During this period, players can pick fruit from the trees on their farms and friends’ farms to lease Gift Pack in the fruit bank for tools, crops, etc.

After Level 18: Reaching level 18 enables players to earn $MARK with larger volumes, as shipment orders are the most important part in PlatoFarm economic system, which is unlocked in level 18.

Currently, three major ways are available for players to earn $MARK.

Firstly, Shipment. After reaching level 18, players can complete shipment orders to earn $MARK. Secondly, Tiger Canteen orders. Fulfilling the orders from Tiger Canteen will earn you $MARK and EXP, no level limited. Thirdly, customer’s patronage. Customers visit your farm now and then with certain needs, you can earn $MARK by offering them what they need.

PlatoFarm's economic system consists of two kinds of tokens: governance token $PLATO and Universal Payment token $MARK.

$PLATO is the Governance token, which has 100 million circulations.  Players can obtain PLATO through trading in the market or MARK staking. The more PLATO you hold, the higher status you are in the game with more permissions. 50% of the team’s revenue will be burned to maintain the PLATO deflation. $PLATO stands as a kind of status symbol.

1. The more PLATO players hold, the faster the advanced NFTs mint.

2. By holding PLATO, players are eligible for submitting DAO proposals, vote and share the treasury dividends.

3. PLATO can also pay for the fixed assets in the game, such as lands and factories.

Back to PlatoFarm’s IDO on January 14, 1 million supply of $PLATO on Tokensoft, 5 USDT per $PLATO, and still in lock now, while for the upcoming IEO, 0.02$ per $PLATO in a private sale, 0.05$ per $PLATO in the public round. The $PLATO will be both listed on KUCOIN and primelisted on Huobi on April 22.

$MARK Universal Payment token and circulating medium.

Players can obtain MARK by completing tasks or work (by planting, breeding, processing, etc.). The daily output is regulated according to the F(x) function which is also related to the GDP of the game, and the daily upper limit does not exceed 10 million. In order to maintain the economic cycle of MARK, the system will recycle and burn the MARK when players purchase the tools.

Ways to generate and consume MARK:

• Tiger orders

• NPC orders

• Shipment orders

• My shop

• Phonebooth

• Achievement

• Upgrade Rewards

• Community creation(consumption)

As aforementioned, the daily upper limit of $MARK does not exceed 10 million. In the early period of this project, with limited registered players, such an amount of supply may meet the basic need. But recently, with the rapidly increasing players, the daily need for $MARK supply is way beyond 10 million. Many players have complained that they can only complete one Tiger Orders a day currently, while they were able to complete 5-6 times a day before. Such lack of $MARK supply causes the defection of players, which leads to the deflation of $MARK price(see picture below).

Economic Cycle System

Generally, there are five kinds of NFTS in PlatoFarm, and every NFT can be generated by players. Location Land: Farmland; Fruit Field Factory: Feed Mills; Jam Factory, Bread Factory; etc Farm: Hen House; Cowshed; Pig House; etc Seedling Seed: Wheat Seed; Cucumber Seed; Corn Seed; etc Livestock: Biddy; Dairy Cattle; Pig; etc Sapling: Apple Tree; Grapevine; Banana Tree; etc Product Crop: Wheat; Cucumber; Corn; etc Livestock Products: Egg; Bacon; Milk; etc Fruit: Blackberry; Apple; Grape; etc Ore: Coal Mine; Iron Ore; Silver Ore; etc Processed Product Cattle Fodder; Cream; Pumpkin Pie; Blackberry Jam; Refined Coal; Necklace; Mask; etc. Props Dragsaw; Hatchet; Bangalore; Cart; Wood Board; Paint; Farmland Fertilizer; etc

Rainbow Apple

The officially limited output, can be deposited in the fruit bank to rentdiamond gift packs, or for market transactions. The price is fixedato 100 USDT.

Currently, all in-game NFTs in PlatoFarm can only be traded in the official market with $MARK on three chains: HECO; OKC; BSC. Here is the trading volume with 24 hours, 7 days, and 30 days.

By and large, both the total sales volume and MARK trading volume are quite impressive, which totally indicate PlatoFarm’s current popularity. So it shouldn’t be a problem that players have trouble selling what they have produced. Meanwhile, the market stability(both in supply and demand) can be guaranteed because of the sustainability of NFTs in PlatoFarm.

Community

As aforementioned, PlatoFarm’s current popularity is quite notable, which can be verified by the community scale: 82.6k Twitter followers, 84.7k Telegram members, and 30.4k Discord users, while yesterday’s numbers are 73k, 85.6k, 32.1k.

The daily message in the Telegram group is over 3k, all of which are game-related issues players have encountered.

And two or three tweets a day are appropriate enough to maintain users’ loyalty as much as possible. Meanwhile, the number of game players is also considerable with a total of 314.7k registered users and 12.7k daily online users:

PlatoFarm project was developed by Second Space Studio and launched in 2018. The core members of the project have developed and operated a wide range of large-scale online games and come from world-renowned game teams and blockchain developers such as Jurassic World Evolution, Frostpunk and Farm Together. And here is the investor list:

Highlight:Low Up-front Cost; Easy to Earn; Friendly to Beginners; High Vitality in Players; Certain Stability in Market Anyway, PlatoFarm is a good project for beginners and retail investors, as it takes much time and patience to generate profits.

Please Note: the above content analysis is only for Reference information, not as a basis for investment decision-making. Bitmetis and the author of the report will not be responsible for the user's investment results.

BitMetis

The world's first decentralized Game-Fi distribution platform.

We aim to build a bridge to connect every aspects of metaverse.

Real-time Data|Trending Events|Guides|Click-to-Earn Bounties

Where to find us？

https://linktr.ee/bitmetis