PlayDapp is an Ethereum-focused blockchain system that provides a gaming Avenue, and several other related services for participants. The PLA token currently serves as the only mode of payment used in the processing of transactions within the PlayDapp system. The game developers of the platform also earn the PLA tokens used in the game when the players make purchases within the game.
The PlayDapp platform was created to bring about crypto-free gaming in the world of blockchain gaming as a whole. To achieve this goal, the platform makes provision for PG solutions for gaming without CryptoCurrency. The PlayDapp platform also aims to provide a series of blockchain network solutions and decentralized gaming apps to allow more participants to play games and explore the network to the fullest extent. The PLA token was designed as a core utility token using the ERC-20 standard, and as such, the network participants are presented with several other use cases that are specific to the Ethereum network.
The PlayDapp, also commonly referred to as PLA is essentially a digital asset that is said to be used within the platform’s gaming blockchain ecosystem to trade and also make purchases as well as trade NFT items inside the game itself as well as with the global C2C marketplace.
Who are the Founders of PlayDapp (PLA)?
The PlayDapp network was established by a group of professionals in the blockchain industry who have expertise in varying fields. Because of this variety in their knowledge, the platform can stand its ground as a leading system in the world of blockchain gaming. Currently, the head of the platform, Brian Choi is the face that has been revealed to the general public as a representative of the network.
Brian Choi, just like most of the other parties involved in the creation of the system, is well-educated and largely respected in the cryptocurrency space. Choi holds a degree in Economics from Harvard University, and currently, that is his only degree. After graduating from Harvard, he worked as an analyst with Lehman Brothers, then he landed a job as an associate at Metalmark Capital, before making partners at another investment company. Later down the line, he became a board member at the Avis Budget Group.
Over the years, he has also served in several other capacities which have all equipped him for the PlayDapp platform and his contribution to the platform on the grand scale it is currently at.
What is PlayDapp (PLA) used for?
The PlayDapp token serves as a digital asset used in the PlayDapp blockchain gaming ecosystem to execute purchases or trades in several types of NFT items within the game and the broad C2C community. According to the platform, it aims to bring individuals that have not been involved with crypto gaming in the past into the world of blockchain gaming and provide them access to other parts of the industry through the services it offers. In a bid to achieve this, the PlayDapp platform equips its systems with several PG solutions that allow users to enjoy the gaming section without having any cryptocurrency. The platform also claims that within a while of its usage, it will be making several additional provisions to give the network participants more options for their game choices.
The PlayDapp token, while it is used to execute transactions within the network, also has a series of other use cases which are separated from the basic blockchain provisions available in the industry. Additionally, the value of the token also extends beyond the platform as it can be exchanged for other more stable forms of cryptocurrencies such as USDC and BNB.
What Is the Unique Point of PlayDapp (PLA)?
The PlayDapp has several features that set it apart from most of the other platforms in its league while also creating demand for its services. According to the platform’s website, the system is said to have created an avenue for non-crypto gamers to transition into the blockchain space. To further facilitate this process, the platform has several underlying technological solutions that can create new trends with the potential possibility of disrupting the cryptocurrency industry as a whole. While the platform is currently supported by one of the most known models for gaming, Play-To-Earn, its on-chain gaming system has gained adoption on a global scale and will probably record a surge in its clientele in a few years.
When the customer-to-customer NFT platform, PlayDapp was launched, it was regarded as the first-ever blockchain-based role-playing game, also known as RPG. Additionally, within the system, the players can collect and raise heroes, with each of them having unique characteristics which in turn lead to rewards for the player in the form of tokens. The platform also has NFTs and runes that hold real-world value. Ultimately, the game also allows players to double their total earnings within the ecosystem, depending on their level of participation in the events held on the platform.
How many PlayDapp (PLA) coins are in circulation?
Just like all the other blockchain-based gaming platforms, the PlayDapp platform’s token has a maximum lifetime supply which has pegged at 700,000,000 PLA tokens. Of that amount, a total of 302,211,852 coins are currently in circulation.
According to the platform’s website, the tokens were also allocated based on a specific procedure. According to this procedure, 455,000,000 allocations to the investors and partners of the system, 100,000,000 to its ecosystem, the team got assigned 95,000,000 tokens and the advisors, as well as the marketing team, earned a total of 50,000,000 PLA tokens.
Is the PlayDapp (PLA) Network secured?
The PlayDapp platform was developed as an ERC-20 token and as such, the system is within the same umbrella security protocol as the entire ecosystem of the Ethereum blockchain.
The network has several nodes, each of which has the specific responsibility of protecting the network from all forms of malicious activities. The system can achieve this through its dedicated proof of stake consensus algorithm. The process used by the system involves the nodes being required to validate transactions before they can be added to the blockchain. Additionally, the nodes with the highest stakes are the deciding parties on the platform and as such need to make sure the platform is safe as their tokens are tied to its safety.
While the network might still not be trustworthy to some individuals, it has forged several major partnerships with a few of the biggest names in the industry and some of these include Chainlink, Samsung, Polygon, LINE, Portis as well as Klayth to name just a few of course.
How do I buy PlayDapp (PLA)?
The PlayDapp platform is mainly focused on the provision of gaming solutions in a way that allows beginners in the world of crypto gaming to transition into the industry with ease. It does this while also creating an avenue where these individuals can easily make earnings from their participation and discoveries on the platform. For this reason and its strategic partnerships, the platform has been a target for several blockchain enthusiasts. Its tokens are now largely available across several exchanges and can be purchased by the following steps.
- Create an account with the crypto trading platform.
- Then a specific amount of fiat money to the crypto account.
- Buy your PLA tokens.
Which Cryptocurrency Wallet Supports PlayDapp (PLA)?
The PTPWallet platform supports many cryptocurrencies simultaneously such as PlayDapp (PLA). Because of its vast use case, it has grown to become one of the most used platforms as it serves as an exchange and an engine to discover other cryptocurrencies. Additionally, users can easily use PTPWallet as their PLA wallet because it offers a simple and interactive interface making it easy for people to navigate its system.