Tokenomics

Tokenomics of PlayWall: An Overview

PlayWall employs a sophisticated dual token system within its PlayBlock Blockchain. Our approach ensures a sustainable and secure ecosystem that supports both casual and competitive gaming.

The Dual Token System:

• Playnance Game Token (USDP): USDP serves as a stable transaction medium within the PlayWall ecosystem, pegged to the US Dollar. This stability is crucial for reducing the typical volatility associated with cryptocurrencies, thereby facilitating smoother and more predictable transactions. USDP is primarily used for high-stakes competitive gaming, ensuring a fair and rewarding environment for players.

• PlayBucks Tokens: Introduced as a demo token, PlayBucks allow players to experiment with and explore new games without financial risk. This system lowers barriers to entry, making it easier for newcomers to engage with and navigate through the platform. PlayBucks are ideal for casual play and learning the ropes of decentralized gaming through our "fun mode".

Operational Mechanics:

• Acquisition and Use: Players can obtain USDP through direct purchases or as rewards for gameplay and participation in community events. PlayBucks, meanwhile, can be acquired via in-app purchases or through participating in social quests and special promotions.

• Taxation Mechanism: Transactions using USDP incorporate a strategic taxation feature capped at 1%. An initial tax exemption period is employed to encourage early adoption and network growth.

Gas Token (PBG):

• Playnance Gas Token (PBG): Seperate from the primary dual token system, PBG plays a vital role in facilitating a gasless network experience. This token eliminates traditional transaction fees, enhancing usability and accessibility for both developers and users. It promotes wider participation and innovation by reducing the cost barriers associated with blockchain transactions.

Support and Sustainability:

• Daily Operations and Accessibility: A daily wallet scan ensures that active users have sufficient PBG for transactions, maintaining seamless network interaction.

• Empowering Developers: The Play DEV DAO supports indie game developers by providing resources and support, emphasizing the utility and public good nature of the USDP token.

Enhancing Market Accessibility:

• On-Ramp and Off-Ramp Services: PlayWall provides comprehensive solutions for entering and exiting the gaming ecosystem. These services make it easy for users to convert traditional currency into USDP and vice versa, ensuring a seamless integration into the blockchain gaming world.

Conclusion:

The tokenomics of PlayWall, featuring the innovative dual token system of USDP and PlayBucks, alongside the supporting PBG token, is designed to create a stable, accessible, and community-driven gaming environment. This framework is set to lead PlayWall in establishing a fair, secure, and innovative market in the decentralized gaming sector.