Playnance said it will launch G Coin on March 18, introducing a utility token designed to support activity across its expanding ecosystem of blockchain-based entertainment platforms. The token will serve as the primary economic mechanism across Playnance’s network of gaming platforms, sports prediction tools, and interactive financial applications.
According to the company, G Coin already has more than 200,000 holders ahead of its official market launch. Roughly 13 billion tokens were distributed during the presale phase, with the project estimating an approximate market capitalization of $38 million before the Token Generation Event.
G Coin is intended to facilitate participation across Playnance platforms, enabling transactions tied to gameplay, prediction markets, rewards, and settlement mechanisms. The token is built on PlayBlock, the company’s blockchain infrastructure designed to enable fast transactions without gas fees while maintaining non-custodial user ownership and transparent on-chain activity.
Whats In Playnance’s ecosystem ?
Playnance’s broader ecosystem includes more than 300,000 registered accounts and integrations with over 30 game studios. The infrastructure currently hosts more than 10,000 blockchain-based games.
Across the network, users generate around 2 million on-chain transactions each day and interact with more than 2.5 million sports events per year. According to the company, these platforms together form a large-scale environment where G Coin supports daily activity across gaming and prediction markets.
“On March 18, G Coin will enter the market with real adoption already in place,” said Playnance CEO Pini Peter. “With more than 200,000 holders and millions of daily on-chain interactions, G Coin introduces a usage-driven token economy designed to grow alongside its expanding global community. There are many other surprises on the way to take the entertainment world to the next level.”
Recent figures released by Playnance indicate continued growth ahead of the launch. The company said its “Be The Boss” initiative has surpassed $2 million in payouts to participants. Across the broader ecosystem, Playnance reports more than $5.3 million in total revenue generated.
G Coin will operate under a fixed supply model capped at 77 billion tokens. No additional minting is planned. Supply will be managed through a lock and release framework designed to control circulating supply over time.
Tokens lost during gameplay will be locked for 12 months before being reintroduced to circulation. Any tokens not sold during the Token Generation Event will be subject to a 12-month cliff and a subsequent 24-month linear vesting period.
The upcoming launch formalizes the token economy supporting Playnance’s entertainment infrastructure, connecting multiple platforms under a single on-chain economic system.
Source: https://coingape.com/playnance-plans-march-18-launch-of-g-coin-as-activity-grows-across-its-blockchain-gaming-ecosystem/
