PlayDapp is a decentralized gaming platform that utilizes blockchain technology to provide secure and transparent gaming experiences for users, while also allowing them to earn cryptocurrency through gameplay. The platform features a variety of games, including strategy, simulation, and role-playing games, and also offers a social network where users can connect and interact with each other. PlayDapp's mission is to revolutionize the gaming industry by creating a fair and engaging gaming ecosystem that benefits both players and developers.
About $PLA token
$PLA is the native utility token of the PlayDapp platform, used as a medium of exchange within the ecosystem. It can be used to purchase in-game items, pay for transaction fees, and participate in various activities such as staking and voting. Additionally, $PLA can be earned by players through gameplay, incentivizing engagement and participation within the PlayDapp ecosystem. The token is built on the Ethereum blockchain and has a maximum supply of 10 billion tokens.
How to buy $PLA with a payment card
1. Enter the amount of $PLA and fiat currency that you wish to purchase.
2. Verify your phone and email.
3. Enter or create $PLA wallet
You are given the option to enter your $PLA wallet address or create one using the Swipelux widget.
4. Pass KYC flow
This verification process helps protect you from fraud and other malicious activities.
5. You're now ready to buy $PLA with a credit and debit card.
Market Position and Adoption: As of March 2023, PlayDapp's PLA token is ranked #242 on CoinMarketCap, with a market capitalization of $112,711,733 and a 24-hour trading volume of $15,937,796. The token has experienced a 5.68% increase in price, with a current value of $0.2096 per token. PLA has a circulating supply of 537,855,941 tokens, which represents approximately 77% of its maximum supply of 700,000,000 tokens. PlayDapp's adoption rate is growing, with 25,260 watchlists on the CoinMarketCap platform, indicating increasing interest from investors.
Technology and Platform: PLA is built on the Ethereum blockchain, and it benefits from the platform's robust security and decentralization features. The token can be stored in any Ethereum-compatible wallet, providing users with a high degree of flexibility and accessibility. PlayDapp's gaming platform is also built on blockchain technology, which enables secure and transparent gameplay for users. PlayDapp utilizes the Polygon network, which provides faster and cheaper transactions compared to the Ethereum network, resulting in a better user experience.
Team: PlayDapp has a team of experienced professionals with backgrounds in gaming, blockchain, and technology. The team is led by CEO Jikhan Jung, who has extensive experience in the gaming industry and has held leadership roles at various gaming companies. The team's expertise has enabled PlayDapp to create a unique gaming platform that utilizes blockchain technology to provide a fair and engaging gaming experience.
Competition: PlayDapp faces competition from other blockchain-based gaming platforms such as Enjin and Decentraland. However, PlayDapp differentiates itself from competitors by allowing users to earn cryptocurrency through gameplay, providing a financial incentive for players to engage with the platform. PlayDapp's focus on building a robust gaming ecosystem that benefits both players and developers also sets it apart from other platforms.
Supply: PLA has a maximum supply of 700,000,000 tokens, with a total supply of 700,000,000 tokens currently in circulation. The token has a deflationary model, with a portion of transaction fees burned to decrease the token supply and increase its value over time. This model benefits long-term holders of the token and incentivizes participation in the PlayDapp ecosystem.
1. Market volatility: The cryptocurrency market is known for its high volatility, which means that PLA's price may fluctuate rapidly and unpredictably. This could result in significant gains or losses for investors.
2. Regulatory uncertainty: The regulatory landscape for cryptocurrencies and blockchain-based projects is constantly evolving, and there is a risk that new regulations or laws could negatively impact PlayDapp's operations or the value of the PLA token.
3. Adoption risk: While PlayDapp is experiencing increasing adoption, there is a risk that the platform may not attract enough users to sustain its growth. This could lead to decreased demand for the PLA token and a decrease in its value.
4. Security risks: PlayDapp's platform and smart contracts may be vulnerable to security breaches or hacks, which could result in the loss of user funds or damage to the platform's reputation. This could have a negative impact on the value of the PLA token.
5. Competition: The blockchain-based gaming industry is competitive, and there is a risk that PlayDapp may not be able to effectively compete with other established platforms or new entrants. This could negatively impact the platform's growth and the value of the PLA token.
Potential market development triggers
Expansion of the gaming ecosystem: PlayDapp can develop partnerships with game developers to expand its gaming ecosystem and attract more players. This could lead to increased demand for the PLA token, as users would need it to participate in gameplay and earn rewards.
Integration with other blockchain-based platforms: PlayDapp can explore partnerships and integrations with other blockchain-based platforms, such as cryptocurrency wallets or decentralized exchanges. This could increase the visibility and accessibility of the PLA token, which could positively impact its value.
Increased adoption of blockchain technology: As more individuals and companies begin to adopt blockchain technology, the demand for blockchain-based gaming platforms such as PlayDapp could increase. This could lead to increased demand for the PLA token, as users would need it to participate in gameplay and earn rewards.
Introduction of new features: PlayDapp can introduce new features to its gaming platform that make it more attractive to users. For example, the platform can introduce social features that enable players to interact with each other and share their experiences. This could lead to increased engagement with the platform and increased demand for the PLA token.
Successful fundraising and development milestones: If PlayDapp is successful in raising funds and achieving development milestones, it could increase investor confidence in the platform and positively impact the value of the PLA token. This could lead to increased demand for the token and potentially attract more users to the platform.