Pika Finance

The Evolution of NFTs

5 min readFeb 22, 2021

Pika Finance is a deflationary meme token focused on evolvable NFTs, governed and built by the international Pokemon fanbase.

The cryptocurrency space sometimes makes you feel like a virgin trainer walking through tall grass on your last can of repel, waiting to get completely rekt by bonobo armies, carpet magicians, and high altitude salesmen.

The Smaller Picture

A lot of projects these days are attempting to tackle enormous problems and solve global issues, in order to satisfy a large audience. We respect these projects and their ambitious goals. However, that is not Pika Finance.

The most important details are always in the fine print.

Our aspirations are much smaller but cuter and yellower. Pika Finance adopts a community first approach and is dedicated to serve our niche in the best way possible by delivering products that is of value to the Pika army. This includes integrating Defi and NFTs with real world assets, and other concepts suggested by the community. For us, it is more realistic to go halfway to the moon rather than dreaming to have already reached there.

Ecosystem

Welcome to your new home. Please enjoy your stay!

Share and discuss common interests with the Pika army.
Invest in assets you already understood back in grade school.
Win jaw-dropping prizes in the grand lottery, contests, and events.
Farm rewards and redeemable NFTs
Celebrate Pokemon Day with the largest annual burn of PIKA tokens
Contribute your ideas and shape the future of Pika Finance

Evolvable NFTs Backed By Real World Assets

Lately, NFTs have taken both the cryptoverse and the traditional world by storm! From Mark Cuban selling NFT videos on Rarible to Elliotrades launching his own platform for NFT farming, the non-fungible token hype has finally taken off!

But let’s face it, the intrinsic value of most of these NFTs are subjective to the person making the purchase. The majority of these do not have real utility and over time will struggle to compete with newer novelties that are released onto the market.

Pika Finance will solve this problem by launching redeemable NFTs that are backed by real world assets.

Users at any time can burn their NFT and pay a fee in PIKA tokens to claim the underlying physical asset. The fees collected will also be burned.

This allows for a win-win situation where the NFTs hold their value meanwhile also accelerating the deflationary nature of PIKA tokens in circulation.

Tokenomics

The $PIKA token is a hyper-deflationary token designed to withstand the test of time by combing two essential success factors: Utility and Meme-ability.

Update: Current max supply is under 6,000,000 due to token burns.

Name: Pika Finance (PIKA)
BSC Token Address: 0x50d370cc853217099bef3815faabfc563139ec2a
PancakeSwap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x50d370cc853217099bef3815faabfc563139ec2a
Old Max supply: 100,000,000 PIKA
Pokemon Day Burn: 50,000,000 PIKA
New Max supply: 50,000,000 PIKA (Supply is burned over time)
Initial Liquidity: 2,500,000 PIKA (5%)
Community Incentives: 30,000,000 (60%)
Marketing & Operations: 10,000,000 (20%)
Team: 7,500,000 (15%)
Use Case: Governance voting, raffles entries, real world asset purchases, farming rewards, NFT farming, and more to come.
Features: 1% burn with every transaction. Token burn every Pokemon Day February 27th. Burns with special Pokemon events.
Token Distribution: More details to come as we finalize the token distribution with the community.

Please click here for an in-depth view of Pikanomics.

Roadmap

Farms: The first step is to create several farms with reward incentives to increase the depth of PIKA’s liquidity. Farms will include PIKA-BNB, PIKA-BUSD, and single-sided PIKA pools.
Evolvable NFTs: This is one of the main features of our platform and the majority of hours will be spent on this. Users have the ability to use tokens to hatch their pokememes and evolve them to the next stages.
Lottery: Raffle events with grand prizes will be hosted on a regular basis to grow the community and reward our members.
Merch: The merch store will contain a selection of physical products. Some of which require certain NFTs or specific tokens to unlock and redeem.
Game: The next part of the project is to implement a card game that will utilize all the NFTs that are part of the ecosystem.
???: Suprise

Next Steps

Hope you enjoyed this sneak peek of what’s yet to come!

We will soon conduct our IDO, begin our first grand lottery, and release the first set of fully backed redeemable NFTs. Also, to celebrate Pokemon Day on February 27th, a big token burn will take place. Don’t miss this once a year opportunity!

For the most up-to-date information, please follow our twitter and join the telegram group below. Thank you for your patience and we look forward to having an amazing journey together!