Social expansion + airdrop distribution, what is the long-term investment value of $PGC?

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远山洞见2024/11/13 10:31

By:远山洞见

I. Project introduction

PiggyPiggy is an innovative workplace simulation and social game based on Telegram and TON, built around the native token $PGC. Players can play as interns, employees, or managers in a virtual office, earn tokens by completing tasks, upgrading roles, and inviting friends. They can also interact with other players through a unique "magic card" mechanism to increase the fun and strategy of the game.

The game is developed by FunKing Studio and has received a total of $3 million in equity stake investment from several well-known institutions such as IDG Capital and KuCoin Ventures. All $PGC tokens are distributed to players through airdrops, ensuring that everyone has a fair chance to earn profits by participating in the game, lowering the participation threshold.

PiggyPiggy provides an easy-to-use interface and rich reward mechanisms, suitable for users of different levels. By experiencing career advancement and interacting with other players in the game, PiggyPiggy allows players to enjoy the game while also gaining a sense of achievement and income in the virtual world.

Social expansion + airdrop distribution, what is the long-term investment value of $PGC? image 0

II. Project highlights

1. The first social and workplace simulation game on Telegram & TON platform

PiggyPiggy is the first workplace simulation and social game launched on Telegram and TON platforms. Players can play roles such as interns, employees, and managers in a virtual office, earn tokens by performing daily tasks and upgrading roles, simulate a real workplace environment, and bring users a unique interactive experience.

2. Innovative game mechanics and magic card gameplay

PiggyPiggy not only provides a simulated workplace experience, but also incorporates gameplay of robbery and revenge. Players can use "magic cards" to tokens from other players or retaliate, increasing the fun and interactivity of the game. This allows players to experience strategic gameplay beyond workplace simulation and motivates higher participation.

3. Decentralized token distribution mechanism

PiggyPiggy's native token $PGC is distributed to all players through airdrops, ensuring that every user has a fair chance to earn profits by participating in the game. Players can start the game for free, earn tokens by completing tasks, upgrading characters, and inviting friends, without the need for initial capital investment, providing more users with low entry barriers to earn money.

4. Extensive investment and partner support

The producer of PiggyPiggy, FunKing Studio, has received a $3 million equity stake investment from well-known institutions such as IDG Capital, KuCoin Ventures, Opta, and Sportsbet. At the same time, the project has also established partnerships with many companies such as FantaGoal, Btok Miner, PeaAI, and Catid Paws, further enhancing the market influence and stability of the platform.

5. Strong user base and social expansion

Since its launch in July 2024, PiggyPiggy has attracted more than 4 million players, with 500,000 daily active users. Its powerful Recommender system encourages players to invite friends to join, expanding the user base while improving game stickiness and social interaction, driving the rapid spread of the project on the Telegram platform.

III. Market value expectations

Based on the current unit price of $PGC of 0.0043 dollars and the total supply of 1,333,333,333, the initial circulation market value of the token is $5.73M. With its innovative workplace simulation and unique social elements on Telegram and TON platforms, $PGC has great market growth potential while gaining a broad community base.

Benchmark project type and market value expectations:

1. Notcoin ($NOT) - Click to earn the game

Token unit price: 0.0069 dollars

Market capitalization: $713.58M

If the circulating market value of $PGC reaches the level of $NOT, the token unit price is about 0.535 dollars

2. X Empire ($X) - Musk-themed Telegram encryption game

Token unit price: 0.000226 dollars

Market capitalization: $155.75M

If the circulating market value of $PGC reaches the level of $X, the token unit price is about 0.1169 dollars

3. Cati ($CATI) - Cat-themed TON game

Token unit price: 0.36603 dollars

Market capitalization: $75.55M

If the circulating market value of $PGC reaches the level of $CATI, the token unit price is about 0.0566 dollars

IV. Token Economics

PiggyPiggy's native token, $PGC, aims to provide power for the gaming ecosystem, promote player interaction and long-term participation. The token generation event (TGE) of $PGC will be held on November 12th, and all tokens will be fully circulated and unlocked during TGE, with a total supply of 1,333,333,334. The following is a detailed distribution and usage description of the tokens.

1. Token distribution

Community Airdrop: 65% (866,666,667 tokens), 100% unlocked, ensuring that the community can participate widely and hold tokens, supporting decentralization and user base expansion.

Ton ecological airdrop: 10% (133,333,333 pieces), 100% unlocked, used for distribution in the Ton ecosystem to enhance the synergy effect with projects within the ecosystem and attract more users.

Game Development Fund: 10% (133,333,333 tokens), 100% unlocked, will be used to support the continuous development of PiggyPiggy and future projects, and enhance the usage scenarios of tokens.

LaunchPool: 10% (133,333,333 tokens), 100% unlocked, providing liquidity and rewards through LaunchPool to attract new customer engagement.

Liquidity: 5% (66,666,667 tokens), 100% unlocked, used for exchange liquidity support to ensure the liquidity and stability of market transactions.

2. Purpose of the Development Fund

Staking Reward (4%): 4% of $PGC will be used to provide long-term staking rewards. Players can stake tokens and earn profits, while also using $PGC to purchase characters and magic cards to enhance the gaming experience.

710 Project Incentive (3%): 3% of the $PGC will be used to support FunKing Studio's next project, 710, including rewarding early testers and ambassadors, encouraging community members to participate and support new projects.

The remaining 3% of $PGC will be used for consumption scenarios within the 710 project, such as purchasing tickets, NFTs, and in-game items, further expanding the usage scenarios and value of $PGC.

V. Team and financing

The development team of PiggyPiggy is created by FunKing Studio, which is dedicated to building innovative social gaming experiences on Telegram and TON platforms. FunKing Studio focuses on combining social elements with workplace simulations to create unique interactive gaming environments, aiming to allow players not only to earn tokens in the game, but also to establish a virtual workplace world that gives users a sense of belonging.

FunKing Studio has successfully received investment support from several well-known institutions, including IDG Capital, KuCoin Ventures, Opta, and Sportsbet. These institutions have invested a total of $3 million in equity stake to support the development and marketing activities of PiggyPiggy.

VI. Risk Warning

1. Although the user base of PiggyPiggy has been established, it is still challenging to continuously attract and retain players in the long run. Over time, the entertainment and reward mechanism of the game may not meet the changing needs of users, leading to User Churn. This will directly affect the ecological stability and token demand of the project.

2. Although the initial distribution of PiggyPiggy's tokens was completed through airdrops, lowering the publishing threshold, the design of full circulation unlocking may lead to too many circulating tokens in the market, generating inflationary pressure. This oversupply may lead to a decline in token prices, which will have a negative impact on the interests of token holders.

VII. Official link

Twitter： https://x.com/piggypiggygame

Telegram： https://t.me/piggypiggyofficial

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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