The PlayChip is set to disrupt and lead a new revolution in online gaming. The gaming industry was integral in driving mass utilisation of the internet and will be no different for the blockchain.
Our operators are experienced, licensed and established, therefore making the PlayChip perfectly poised to usher this $3 trillion dollar a year industry into the future.
At the Blockchain Economic Forum in San Francisco, where PlayChip advisor Luke Lombe submitted a winning pitch out of 29 competing ICOs, walking away with the ‘Draper Hero’s Choice Award’.
We are building an incentivised, blockchain-enabled, global sports community & gaming ecosystem. Our initial partners are industry leading operators, delivering the PlayChip to over half a million users from launch.
Central to our implementation strategy is the PlayWallet™. This revolutionary technology will serve as the base from which users can connect with the entire PlayChip ecosystem, including the PlayXchange™, our partnered cryptocurrency exchange. This creates a “one-stop-shop” for users of the PlayChip, paving the way to mass adoption within the global gaming economy.
Full integration between the PlayXchange and PlayChip ecosystem via the wallet will provide a vastly improved user experience, allowing for the following features:
The PlayChip is well on its way to to delivering the world’s biggest incentivised, blockchain-enabled sports community and gaming ecosystem in our bid to become the universal gaming token.
Below is a list of key milestones we aim to achieve in 2018.
The leadership team have over forty years combined experience building interactive gaming products and running disruptive global online businesses.
If you have any questions which we have not answered, please get in touch using the contact form below.
An initial coin offering (ICO) is a means of crowdfunding for blockchain-based projects. A quantity of the crowdfunded asset is allocated to purchasers in the form of Utility Tokens. Utility Tokens offered before an ICO are usually available at a discounted rate to reward early purchasers. These tokens become functional units of currency after the ICO is completed.
A document entailing comprehensive details about the project. This includes commercial, technological and financial details in language that can be understood by someone not an expert in the space.
Utility Tokens are a crypto asset which are specifically designed to be exchanged for goods and services.
Fiat currency refers to standard national currencies in use today for goods and services. USD and AUD are examples of fiat currencies.
Cryptocurrency exchanges are websites where you can buy, sell or trade cryptocurrencies for other digital assets or traditional fiat currencies such as USD or AUD.
The PlayChip (PLA) is a decentralised utility token serving as the economy in the PlayChip ecosystem. The PlayChips’ goal is to become the universal gaming token and premier currency of the gaming industry. It can be used to place bets and enter challenges, as reward points in the PlayUp store, and can be traded for fiat and other cryptocurrencies via partnered exchanges.
You can purchase PlayChips through the ICO website. Payment is accepted in USD, AUD, Ethereum (ETH) and Bitcoin (BTC).
Once the PlayChips have been created in the token generation event they will be transferred to your wallet.
As with all crypto assets, the PlayChip will be instantly transferrable following the token generation event. Until then, your PlayChip balance will be displayed in your PlayChip account.
We are finalising discussions with multiple exchanges and will announce these after the ICO finishes.
Our Pre-ICO commenced on June 1st, where we will accept fiat contributions between US $100 to $50,000. A dynamic bonus structure will be introduced, and bonus tokens will be allocated based upon the size and date of the contribution. The amount of bonus tokens awarded will be available to see via the PlayChip ticker at the top of this page.
Contributors must verify themselves in compliance with KYC and AML when participating in the ICO. This means confirming your name, phone number, email address and address. Further documentation may be required to complete full KYC.
We are expecting to launch across multiple exchanges in December 2018, after completion of the ICO.
The PlayChip Foundation is the non-profit entity responsible for protecting and growing the PlayChip economy and ecosystem. The PlayChip Foundation will guard a portion of PlayChips generated with the goal of growing the ecosystem. These PlayChips are protected under smart contract and cannot be sold or released into the market without approval from multiple parties.
These reserve PlayChips will be used for future growing of the PlayChip economy by seeding economies on new platforms, should they be required.
The PlayXchange is our partnered exchange where users of the PlayChip can buy, sell or trade their PlayChips. The PlayXchange will be connected directly to each of the platforms in the PlayChip ecosystem via the PlayWallet, providing users with a “one-stop-shop” for buying, using and selling their PlayChips. Players will be able to convert the PlayChip on the PlayXchange for fiat or cryptocurrencies.
For all enquiries regarding the PlayChip, please go to our support portal