We estimated the value of this pool based on the value of its stable/native coins.
PLA is the token introduced by PlayDapp, a platform aspiring to enable the use of blockchain in gaming decentralized applications (dApps). The PlayDapp whitepaper illustrates the use and acquisition process of the PLA. PlayDapp has managed to conduct transactions, assisting traders in facilitating deals efficaciously. The platform is an integral part of a gaming ecosystem that uses a dual token structure to support in-game activities and performances. The features highlighted in the PlayDapp whitepaper show a unique approach, which is different from conventional platform representation, signifying their method of blockchain integration in gaming.
PlayDapp (PLA) operates by utilizing the power of blockchain for the delivery of entertainment experiences. They strive to establish a public network tailored towards blockchain gaming and entertainment. PlayDapp's goal is to uphold the capacity of gaming services via the application of blockchain. They also work towards crafting an environment fostering meaningful engagement between players and developers. In this platform, tokens offer the potential for Traders to manage and trade their assets.
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Current price: $0.1971
Market cap: $407.04 M
All-time high: $3.74 (Oct 31, 2021)
All-time low: $0.09 (Jun 22, 2021)
Daily trading volume: $19.3 M
The PLA token, fashioned by PlayDapp, is part and parcel of the platform's game logic functions, used for enabling effortless in-game transactions and operations. The structure of PlayDapp's platform is made up of a number of technical components, such as multi-blockchain functionality, thereby promoting transactions across a variety of blockchains. The design lends itself to Layer 2 scaling, boosting transaction rates and platform competence. Furthermore, PlayDapp employs a decentralized data node payment verification technique, removing the need for payment confirmation from a central body. This decentralized approach shapes the way the platform operates. The issuance and handling of PLA tokens are interwoven with the game logic functions, keeping everything connected in this area. Therefore, the PLA token has a crucial role in smoothing out in-game transactions and refining operations.
PlayDapp highlights the importance of respecting laws and regulations and has established criteria for users in relation to processes. Getting PLA tokens encompasses inherent challenges, and PlayDapp encourages consideration of these challenges. The use of the Ethereum blockchain and its Mainnet Token plays a vital part in PlayDapp's procedures for asset and transfer exchanges. Certain precautions were integrated during the platform's evolution phase. Furthermore, PLA has a traceable ownership chain available for token ownership. Actions have been instituted on PlayDapp to prevent inappropriate use. However, it's necessary to note that legal complications may arise depending on how this information is employed.
PlayDapp intends to bring together blockchain and the gaming industry. The development of a blockchain-operated gaming platform, named PlayDapp, is underway, with potential for engagement with other blockchain platforms like Ethereum and SOL. The vision for PlayDapp involves establishing worldwide presence and building durable connections with associated NFTs. Their central focus lies in fortifying their fundamental system to enable users to manage their own assets more effectively.
PlayDapp's design goal, termed PlayDapp 2.0, is to smooth the onboarding process, fostering player engagement in blockchain games and dApps.
Besides numerous integrations with blockchain chains, PlayDapp possesses a substantial base of crypto gamers. Its aim extends to delivering superior blockchain gaming services and technical assistance. A cross-dApp user-driven interface is supported, along with engagement with middleware protocols for application interaction. Their goal is to encourage players to participate in blockchain games and dApps, ultimately positioning themselves as a valuable dApp provider.
In striving to cultivate an effective environment for game developers and players, PlayDapp pivots its focus onto designing a user-friendly ecosystem. It is committed to honing the gaming experience by optimising latency and transaction expenditure. Releasing significant game dApps to drive user adoption outlines one of their strategies. They also aim to establish a decentralized entertainment hub across a variety of blockchains, and have plans to create excitement in competitive eSport games facilitated by independent traders. To reinforce this, PlayDapp aims to implement modest transaction costs within its marketplace.
PlayDapp 2.0 represents an additional phase in their growth, with plans to implement a novel public operations protocol and furnish budding users with video assistance. Plans also extend to collaboration with mobile wallet services to address users’ needs more efficiently within the e-sports market. PlayDapp 2.0 inherits key function such as the marketplace and exchange from its previous iteration and plans to manage PLA token usage through a standalone document. Furthermore, PlayDapp aims to foster innovation by assisting game developers with an open-source public tool, PlayDapp 2.0, expressly conceived for blockchain game development.
Considering the launch of their proprietary blockchain, PlayDapp aims to engage non-blockchain gamers within their ecosystem. Their ambition is to release game dApps, enable cross-game exchanges of gaming items and token assets, and provide streamlined solutions to generate additional revenue avenues for developers.
PlayDapp utilizes the PLA token for managing game transactions within its ecosystem, connecting gamers and developers. The platform cooperates with industry partners focusing on the application of tokens and contribution towards game development activities. PlayDapp believes gaming dApps could promote routine application of blockchain and has collaborated with well-known entities, including Samsung Electronics. The implementation of blockchain is in line with PlayDapp's objectives. Cooperating with various blockchains for dApp launch, PlayDapp is in a competitive space with international entertainment entities. Their intent is to engage with the escalating global e-Sports market. PlayDapp shows interest in reaching the consumer audience in the existing blockchain sphere. Their association with the traditional gaming sector is confined to specific genres.
PlayDapp, a unique eSports platform, has a presence on various blockchains such as Ethereum and BNB SOL. The purpose of the platform is to provide a decentralized space within the gaming industry. This platform has roots in Hong Kong and is overseen by a team that excels in blockchain and game development, as well as in areas such as global business, marketing, and esports. The team aims to build a cross-blockchain entertainment service exclusively designed with gamers in mind. Their current focus lies on the creation of new games that incorporate elements of blockchain, spanning an array of genres.
In order to sustain its framework, PlayDapp relies on models such as freemium and limited transmission. Moreover, to support developers with their decentralized gaming applications, they provide the PlayDapp Software Development Kit (SDK). Similarly, Appspurs Limited, a private establishment, has outlined shared perspectives in a particular informational paper.
Within its ecosystem, PlayDapp facilitates activity involving meta blockchain, which as a result helps enhance interoperability. The platform also deploys smart contract techniques that act as safeguards against unauthorized actions. Integrating blockchain within gaming experiences across online and mobile platforms is an initiative undertaken by PlayDapp, aiming to promote an organized gaming ecosystem. To help oversee operations, they have established a solid base and involve team members in advisory roles and for ancillary purposes.
Through partnerships with a multitude of investors, the platform has succeeded in obtaining significant support. Notably, they have observed growth within the mobile app market, further validating the ongoing progress of PlayDapp in the gaming sector. The key team members' expertise in mobile game development aids ongoing endeavors.
PLA, the PlayDapp token, finds use in multiple facets of the platform. Some of these involve deployment by PlayDapp 2.0 developers and serving as an entry fee for game battles. Transactions within the ecosystem find facilitation via the associated PlayDapp token wallet. Players who triumph in games receive rewards based on confirmed game outcomes and can trade game items, with a segment of the revenue allocated to game developers. Furthermore, PlayDapp has introduced a token-focused NFT marketplace as a part of their proposition, which enables the cross-game exchange of digital assets. The service is structured towards cultivating a user-involved eSports community on the blockchain, supplemented by lucid and decentralized marketplaces active in the gaming sector. Trading activities and traders form a critical constituent in this setup.
The sum of all PLA liquidity is less than USD 1k. There may not be enough traders to facilitate swaps smoothly, leading to potential slippage and unfavorable prices. This also makes PLA susceptible to price manipulation.
Open-source contracts like PLA ensure transparency and align with code security best practices, lowering the risk of hidden vulnerabilities.
The PLA smart contract indicates a fixed structure, reducing the risk of unexpected changes that could lead to a rugpull.
PLA smart contracts has no minting capabilities which ensures a stable token supply, safeguarding against unexpected inflation that can devalue the price of PLA.
Non-reclaimable ownership of PLA ensures stability in contract governance, mitigating the risk of unexpected alterations that could compromise token security.
The PLA contract prevents its owners from altering token balances provide a layer of security against unauthorized modifications, protecting against potential crypto exit scams.
The absence of hidden owners in a contract enhances transparency and trust, reducing the likelihood of malicious manipulation and scams.
Contracts lacking external call capabilities maintain operational independence, minimizing dependency risks and enhancing solidity security.
Availability on DEXs indicates a PLA’s trade readiness and broader acceptance, possibly reflecting positively on its market presence and liquidity.
Tokens marked as purchasable, like PLA are accessible for direct swapping on Flooz.
Tokens without sell restrictions like PLA allow holders to liquidate their entire position, providing flexibility in investment strategies.
PLA has fixed trading taxes which offers predictability in transaction costs associated with swapping on Flooz.
PLA is confirmed to NOT be honeypot. PLA is deemed safer for transactions, mitigating the risk of crypto scams and ensuring tradeability.
Contracts that cannot pause trading ensure continuous market access, supporting consistent liquidity and enable you to swap PLA any time on Flooz and other decentralized exchanges.
PLA has no blacklist function and thus promotes open and fair trading, reducing the risk of cryptocurrency scam and fraud.
The PLA solidity smart contract is lacking a whitelist feature. This ensures universal access to trading, fostering inclusivity and market participation and reduces the likelihood of crypto exit scams.
Contracts without anti-whale mechanisms like PLA allows for unrestricted transaction sizes and token holdings, which can lead to market dominance by large holders.
PLA has a fixed anti-whale limits which can offer consistency in trading rules, protecting the its holders from sudden policy shifts.
Contracts without a trading cooldown function like PLA allow for immediate subsequent swaps
The PLA owner cannot set a different tax rate for every wallet. Contracts that do not allow for individualized tax rates maintain uniform transaction conditions for all users, minimizing the risk of cryptocurrency scams.
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