{"id":19016,"date":"2022-04-14T14:24:42","date_gmt":"2022-04-14T11:24:42","guid":{"rendered":"https:\/\/esatoshi.club\/?p=19016"},"modified":"2022-04-14T14:24:46","modified_gmt":"2022-04-14T11:24:46","slug":"project-overview-plato-farm","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2022\/04\/14\/project-overview-plato-farm\/","title":{"rendered":"PROJECT OVERVIEW: PLATO FARM"},"content":{"rendered":"\n

The\npresent day modern era is characterized by modern philosophies which tend to have more narrow\nmethodologies and areas of focus when compared with ancient philosophies. Many ancient\nphilosophers tend to have a comprehensive perspective on problematic,\nintellectual and societal issues, which mostly led to the generation of several\npostulations by the various philosophers of the ancient era.<\/p>\n\n\n\n

Ancient philosophers such as Plato, Pythagoras,\nSocrates, Aristotle, Sextus Empericus and many others have contributed to human\nexistence through various ideological and philosophical formulations that\nsummarize their positions on how best to approach some societal imbalances that\nplague the world in their days.<\/p>\n\n\n\n

In 390 BC, Plato, a great ancient philosopher\ncreated \u201cThe Republic\u201d \u2013 a book he is still well remembered for, due to its superhuman\nwisdom and richness of intellectual wealth. In this book, Plato depicts the\nideal city and dreamed of a\nkingdom of fairness, justice, order, perfection, division of labor and\nhappiness. However, many years down the road, the vision of Plato which is\nstill held in high regards by many kings, kingdoms and societies, has never\nbeen accomplished.<\/p>\n\n\n\n

The\nevolution of web 3.0 and its decentralization principles have provided a\nreliable template that the present day era can build upon to actualize the\nideal city-state that Plato dreamt of. This was the motivation that led some\ngroup of talented blockchain developers, who previously have developed and\noperated a wide range of large-scale online and world-renowned games such as\nJurassic World Evolution, Frostpunk and Farm Together, to come together and\nrecreate \u201cPlato\u2019s Vision\u201d using Plato Farm.<\/p>\n\n\n\n

Plato Farm is built using blockchain\ntechnological principles and under this system, the codes become the law, smart\ncontracts become the cornerstone, tokens become hard currency, all items become\nNFTs, web 3.0 becomes a slogan, the metaverse becomes a tag, and DAO becomes an\norganizational form. As Plato Farm often likes to put it, \u201cthe era that belongs\nto everyone has come!\u201d Without further delay, I implore you to get along with\nme as I explore Plato Farm in this review.<\/p>\n\n\n\n

1.\u00a0\u00a0Plato Farm: The Metaverse of Farming Civilization <\/strong><\/p>\n\n\n\n

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Plato\nFarm is a metaverse that leverages the potential of blockchain technology to\nsimulate the evolution of human civilization. It is a project that integrates\ngameplay with the blockchain economy, where game playability can serve as a way\nto obtain economic benefits. Plato Farm is working towards a metaverse that\ndemonstrates the evolution of human civilization. <\/p>\n\n\n\n

The\nteam behind Plato Farm has designed it as a highly playable and enjoyable game\nin which players can expand their farms, collect game items and earn money.\nPlato Farm serves as a reward for hard work. Through hard work, players can\ndevelop their wild land into a rich and modern home of human civilization, and\nthen create the space civilization.<\/p>\n\n\n\n

Aside\nfrom this, Plato Farm can utilize AR smart wearable devices to provide users\nwith a multi-dimensional Metaverse Space that empowers them with a virtual\nsocial identity unattainable in real life. In this social gathering, players\ncan organize decentralized economic and social activities and work together to\ncreate an ideal world from the unlimited depths of their imaginations. <\/p>\n\n\n\n

This\ninteresting game is based on a planting NFT management chain system that allow\nplayers to have a better experience in large-scale creation, transfer,\nmanagement and other functions. Currently, the game is compatible with HRC-721\nand ERC-1155 NFT protocols. <\/p>\n\n\n\n

The\nopportunities provided to gamers are boundless as players can always recreate\ntheir imaginations as they deemed fit. Players can grow and harvest\nagricultural products and sell them to buy other NFT props, build barren land\ninto a beautiful and fertile village or city, monetize hard work and transform\nthe Plato Farm wild world into a modern home of civilization and prosperity.<\/p>\n\n\n\n

2.\u00a0 Plato Farm Ecosystem<\/strong><\/p>\n\n\n\n

Plato\nFarm has built a strong and diversified ecosystem that comprises 4 aspects:\nfarm system, trading system, mining system and social system. I will be\nexamining each of this ecosystem component and the beneficial activities they\nhold for players.<\/p>\n\n\n\n

The Farm\nsystem<\/strong><\/p>\n\n\n\n

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This\ncomponent allows players to purchase production resources and land in their\nwallets and earn corresponding rewards through work in the game. The Farm\nsystem has some basic and rare resources which players can obtain and unlock\nwith $PLATO. Once these items have been obtained and unlocked, players can then\ndecide to deploy them through hard work in order for them to be able to reap\nmaximum benefits.<\/p>\n\n\n\n

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One may want to ask: if I plant an item on my farm, wouldn\u2019t it take a lot of time before the crop planted will germinate, mature and ready for harvest? This is a logical question to ask considering how traditional farming works, but thanks to blockchain virtual environment, you wouldn\u2019t have to wait for years before the seed planted can generate yields that are ripe for harvesting.<\/p>\n\n\n\n

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In\nfact, farming through Plato Farm is an interesting activity to embark on. For\nexample, as a player, you can purchase a plant field using $PLATO, buy a seed\nresources, let\u2019s say carrot using $MARK and sow it on your farm piece. Then,\nyou only need to wait for 30 minutes for your wheat to be mature, harvest it\nand sell it for $MARK freely on the secondary market. If you ask me, I will\ntell you that this easy-peasy farming model is super-duper and how I wish\ntraditionally farming yield can be as fast as this… Ha-ha!<\/p>\n\n\n\n

The trading\nsystem <\/strong><\/p>\n\n\n\n

As\nexplained in the previous paragraph, the farming system component is broken\ninto the seed state, development state and mature state. Most crops require\nabout 30 minutes to mature. This means that there is a tendency for many mature\nproducts to be churned out at regular intervals.<\/p>\n\n\n\n

The\ntrading system is the component that ensures that harvested and sideline\nproduce can be traded as it allows players to engage in free trade according to\ntheir own needs using either $MARK or $PLATO, depending on the type of\nagricultural produce.<\/p>\n\n\n\n

The Mining\nSystem<\/strong><\/p>\n\n\n\n

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This component is for passive income seekers who may wish to earn extra income even when they are away from the farm and resting. Users can participate in PLATO and MARK mining by staking these assets in the in-game bank.<\/p>\n\n\n\n

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The Social\nSystem<\/strong><\/p>\n\n\n\n

The\nsocial component of Plato farm ecosystem allows for in-game interrelationship among\nplayers. Players interact by either forming friends or alliances. You can\nchoose friends within the game which you can exchange pleasantries with and\nmake transactions together. <\/p>\n\n\n\n

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Forming\nalliances helps players to boost their agricultural output and production\nefficiency. There are 5 levels of alliance and all members in an alliance need\nto be invited by the founder of the alliance. <\/p>\n\n\n\n

All\nof these ecosystem components can be accessed in Plato Farm all-in-one App.\nThis friendly app integrates game, wallet management, swap, and mining\nfunctions together thereby erasing the need for players to use third party\nwallets or tools to play or perform multiple activities they may intend to do\nas they navigate the game. <\/p>\n\n\n\n

3. Gameplay Monetization Potential<\/strong><\/p>\n\n\n\n

Blockchain\ngames have presented gamers with the ability to earn real reward while having\nfun. The various components of Plato farm ecosystem is designed to ensure that\nplayers can have multiple tools to interact with and enjoy monetary incentives.\n<\/p>\n\n\n\n

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There\nare four primary ways that can be used by players to earn while they play Plato\nfarm. These are: <\/p>\n\n\n\n