What is PlayDapp (PLA)? An Overview of the Project
PlayDapp (PLA) is the core utility token that powers the PlayDapp gaming platform. Sitting within the top two hundred cryptocurrencies by market capitalization, it's pivotal for managing transactions and rewarding dApps operators and developers.
The Project's Mission
PlayDapp serves as a gateway, enabling Web2 users to transition smoothly to Web3 through blockchain games. It further equips developers with the means to transform conventional apps into dApps.
PlayDapp: Guiding Web2 Enthusiasts into the World of Web3 Source: https://twitter.com/playdapp_io
The PlayDapp ecosystem incorporates two key components:
- PlayDapp SDK for Software Development: This tool seamlessly integrates traditional gaming with blockchain, relieving developers from having to grapple with the nuances of the technology or resort to a trial-and-error approach. Through the PlayDapp SDK, standard apps are transformed into dApps, and game assets become NFTs. What's more, all projects within this framework are interoperable, amplifying their worth and offering creators vast cross-promotion opportunities.
- C2C Marketplace: A platform designed for the buying and selling of in-game NFT assets.
The core mission of this ecosystem is to morph traditional apps into dApps. Source: https://playdapp.io/
PlayDapp encourages gamers to move from gratifying, yet routine leaderboard accolades to earning tangible profits under the Play-2-Earn paradigm. With applications built on the blockchain, developers, and users can establish a clear-cut and resilient crypto economy. Within this structure, each member can expect a fair valuation of their efforts.
About the PlayDapp (PLA) Token
Purpose
PlayDapp (PLA), rooted in the Ethereum network and following the ERC-20 standard, serves as the native token for the PlayDapp project. It is used for processing user transactions, rewarding game dApp developers, and compensating operators, especially during in-game purchases or any other deals.
PlayDapp (PLA) is listed on various crypto exchanges, including but not limited to Binance, Coinbase, Crypto.com, Kraken, Gate.io, Huobi, and Uniswap.
Token Distribution
From the total pool of 700 million PlayDapp (PLA) tokens:
- 455 million are designated for investors and partners.
- The ecosystem receives 100 million.
- The project team is allocated 95 million.
- Advisors get 25 million.
- Another 25 million is reserved for marketing initiatives.
Current Market Overview
According to data from gagarin.news at the time this article was written, PlayDapp (PLA) stands at the 201st position in the virtual currency rankings. The token's current trading price is $0.1852. The circulating supply stands at 560,128,667 tokens, with a daily trading volume reaching around $2.177 million.
