PlayCoin is a digital cryptocurrency created by GameHub that allows users to make payments when playing online games, reward players and promote online games. It is a new coin for the online gaming industry that acts as a password for these games, enhances security and transparency. Players are now able to share revenue equitably rather than having it controlled by central authorities. This coin allows gamers and developers to develop their own adverts and manage the same, allows sharing of dataShow more [+] (Dispersed Ledger System) to prevent hacking and unifies the gaming community. Both players and developers will now earn more since this platform will eliminate middlemen that takes up a lot of revenue in form of commissions.
PLY is the coin or currency used to run the platform. It is a not premined ensuring that no one in the community has an undue advantage. PLY ICO (Initial Coin Offering) took place between Feb 15 to March 14, 2018 and raised $33 million. The price of a single token during the token sale was $0.33. The coin is now listed on various exchanges including Lbank, Bithumb, Cobinhood, ForkDelta and Bit-Z. PLY is compatible with Jaxx Wallet.
PlayCoin has been developed by a team of blockchain and gaming experts. The team includes the chief Executive Officer, Dennis Kim, the Chief Technical Officer and blockchain developer, Tobby Lee, Chief financial Officer, James Han and Chief Marketing Officer, Brian Park among others.