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Playnance introduces G Coin as token economy for its blockchain gaming ecosystem

Shylin Sam
Edited by
News
Playnance introduces G Coin as token economy for its blockchain gaming ecosystem - 1

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Playnance will launch G Coin on March 18 to power transactions across its blockchain gaming and prediction ecosystem.

Summary
  • Playnance will launch G Coin on March 18 to power its gaming and prediction ecosystem.
  • G Coin will run on PlayBlock, enabling fast, gas-free transactions across platforms.
  • Playnance reports 200k token holders and 300k users ahead of the G Coin token generation event.

Playnance is launching G Coin on March 18, introducing the token that will support economic activity across its blockchain entertainment ecosystem.

The company says the token will power interactions across gaming platforms, sports prediction markets, and financial participation tools operating within the Playnance network.

According to Playnance, the token already has more than 200,000 holders prior to its official launch. Roughly 13 billion tokens were distributed during the presale phase. The project’s market capitalization is estimated to be around $38 million ahead of the Token Generation Event.

G Coin is designed to function as the economic infrastructure across the ecosystem. It will facilitate gameplay activity, predictions, rewards, and settlement transactions across Playnance platforms.

The token runs on PlayBlock, the company’s blockchain infrastructure designed to support fast and gas-free interactions while maintaining non-custodial ownership and full on-chain transparency.

Playnance reports that its ecosystem currently includes more than 300,000 registered users and partnerships with over 30 game studios. More than 10,000 blockchain-based games are available across the network.

Across these platforms, around 2 million on-chain transactions are processed daily. Users also interact with more than 2.5 million sports events annually.

Playnance CEO Pini Peter said that G Coin introduces a usage-driven token economy designed to grow alongside its expanding global community.

The company also reported that its “Be The Boss” program has exceeded $2 million in payouts to participants. Total revenue generated across the ecosystem has surpassed $5.3 million.

The token will follow a fixed supply model capped at 77 billion tokens. Circulating supply will be managed through a lock and release system. Tokens lost during gameplay will remain locked for 12 months before being reintroduced to circulation. Unsold tokens from the Token Generation Event will be subject to a 12-month cliff and a 24-month linear vesting schedule.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.