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Playnance Puts G Coin Presale in Focus as March 18 Launch Day Arrives

CryptoSlate
Playnance launches G Coin, a utility token for its live entertainment ecosystem encompassing games, sports, and on-chain transactions.

Summary

Playnance is launching G Coin on March 18th, positioning it as the utility token for an established ecosystem with over 10,000 on-chain games, 2.5 million annual live sports events, and 1.5 million daily on-chain transactions. The project highlights that G Coin is not a security or payment token, but rather unlocks features within the Playnance ecosystem, such as gameplay, rewards, and loyalty programs. Roughly 13 billion G Coin were distributed during the presale phase, and the token is available for direct purchase with EUR, USD, and various cryptocurrencies. The total supply is fixed at 77 billion G Coin, with 54 billion allocated to the token sale. Playnance emphasizes a lock-based supply model, where tokens lost through gameplay are re-entered into circulation after a 12-month lock, aiming for sustainable demand based on ecosystem utility rather than speculation.

(Source:CryptoSlate)