Playnance Public Announcement Debuts Platform, Bringing Web3 to Non-Crypto Users

Playnance Web 3 infrastructure finally goes live to the public after five years of constant development and operations in the gaming, predictions, and trading realms. 

Playnance, a company operating consumer platforms that seamlessly onboard Web 2 users, has introduced its Web3 infrastructure. The platform develops and operates live, non-custodial, on-chain platforms in gaming, prediction markets, trading, and AI, allowing mainstream users to interact with blockchain systems seamlessly as Web 2 applications do. 

Heading into its sixth year of operation, the team has been developing and operating its technology and consumer platforms without public exposure. Every application within the ecosystem is designed to help onboard users to Web 3 without them understanding the mechanics of blockchains, such as creating their own wallet and saving private keys. It follows a simple mantra: offer users a Web 3 platform with the simplicity of Web 2 applications, such as standard account creation and login flows, while the underlying blockchain functionality runs seamlessly in the background.

The platform boasts several running consumer-facing applications that serve as proof points for this approach, including Play W3, Up or Down Predictions, Polywin, and W3 Winner, etc. The applications run on a proprietary blockchain, PlayBlock, a high-performance, gasless chain optimized for real-time transactions, gaming, trading automation, and instant settlement. Playnance reports that its live applications have nearly 150,000 players, 1400+ partners, and 4,500+ affiliates, processing 1.5 million on-chain transactions per day. The platform serves over 10,000 daily active users, with a majority of them being non-blockchain users, as they onboard to the platform without using the conventional crypto-native tools such as wallets or manual key management tools. 

Playnance Ecosystem Runs On G Coin

Playnance is powered by G Coin, an audited token that drives the economy of the platform. G Coin powers every transaction, reward, and interaction across the ecosystem, allowing instant, gasless, on-chain execution. The token is currently under presale mode and is available on the Playsite official website. The Playnance ecosystem is connected via G Coin and runs on shared on-chain infrastructure and wallet systems, enabling users to move across applications without opening new accounts per application. All user activity is executed and recorded on-chain while remaining non-custodial.G Coin is built as a utility and governance token on Playnance, powering daily transactions on the platform. It runs the blockchain economy, with Roman, the company’s CTO, quelling the thought that it offers more utility rather than speculation, which has been a core failure for most platform tokens in the industry.

Playnance’s infrastructure is designed to support high-volume consumer activity and continuous on-chain execution, reflecting a broader trend in the industry toward practical applications of blockchain technology beyond early adopter audiences.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.