PIRATES KING HONEST REVIEW - PLAY TO EARN GAMES (TAGALOG)
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What's up Dalarin Nation! Check natin itong Pirates king kung paano makakaearn dito! Let's Go!!!
PIRATES KING SOCIALS:
Website: https://www.piratesking.io/
Whitepaper: https://docs.piratesking.io/
Twitter: https://twitter.com/pirateskingnft
TG Announcement: https://t.me/PiratesKingChannel
TG Community: https://t.me/PiratesKingGlobal
PH TG Group: https://t.me/PiratesKingPhilippines
Audit: https://audit.solidgrp.io/audits/PiratesKing
PiratesKing
The game just launched on Feb 26. Still early to join
Team is good at marketing (look how they've done before presale, ILO sold out in 1 second 1000 bnb), they just finished product launch so they could mass marketing this week for new users.
Oracle & Slippage
The game is using Oracle and Slippage mechanism. This two mechanism combine in order to balance the economy in game
Oracle: Entry price is $60 for silver chest and $90 for golden chest. But you have to buy the corressponding $PKT to buy chest, which means your entry price will always stay the same $60 or $90.
The difference between two chest. is the rarities rate
⚪️ Silver Chest: Price $60
Common: 60%
Rare: 35%
Super Rare: 4%
Legend: 1%
🟡 Golden Chest: Price $90
Rare: 55%
Super Rare: 30%
Legend: 15%
Slippage: Why slippage is good for oracle?
https://docs.piratesking.io/piratesking-token/buying-and-selling-usdpkt
The most important thing in oracle games is Reward pool. So with slippage, money will flows back to reward pool (the most) and share for LP to keep the price stable as well as for marketing fund to raise new users.
Btw, the game rewarded USD but in corressponding amount of $PKT or $BUSD.
For example: Your reward is $10
then if you claim in PKT and PKT price is $0.03 = you claim 10/0.03 = 333 PKT.
If you claim BUSD , and rate 1USD = 1BUSD = you got 10 BUSD
People will like $BUSD better because if they claim $PKT then they would lost 7% selling tax, then basically the token price will go up, because everyone claiming $BUSD.
But in case you want to re-invest the game while it's still early, then i would suggest claim in $PKT to avoid 3% buy tax
Reward Pool:
The game even public the reward pools :https://docs.piratesking.io/piratesking-game-play/2-reward-pools
take a look at claiming pool : it has 50 bnb ~ 16k USD and, 8500 BUSD, 1 million PKT
with minted pirates ~ 600 as : https://bscscan.com/token/0xe331df00faea607e0f75e38341ea7e127138219a
The minted pirates is too small with the reward pool now. And the reward pool will be filled day by day from Slippage above
And as I said the marketing team is very good, i believe the game got potential and still early for even traders or gamers. The price is too low now.
Game mode:
PvE
Treasure Island (review this, how to play, rules, reward ...)
Yesterday is the first spin in the PiratesKing. https://t.me/PiratesKingChannel/102
Conclusion:
Good team, strong marketing.
Oracle and Slippage combination is good.
Still early for the game. Their reward pool is too big for compare with minted pirates.
Two game modes are also interesting to play. Find treasure island with big reward...
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