Playnance, a Web3 infrastructure company building blockchain-powered digital entertainment platforms, has announced that G Coin, its ecosystem utility token, will officially launch on March 18. The token will support activity across the company’s gaming platforms, prediction markets, and interactive financial applications.

Unlike many token launches that happen before products gain users, G Coin enters the market with a live ecosystem already in operation. According to Playnance’s public tracker, the token currently has more than 200,000 holders. Around 13 billion G Coin tokens were distributed during the presale, and the project has an estimated market capitalization of about $38 million ahead of its Token Generation Event.

Expanding Web3 Gaming and Entertainment Ecosystem

G Coin acts as the economic layer that connects the Playnance ecosystem. Users can use the token for gameplay participation, predictions, reward distribution, and transaction settlements across multiple platforms.

The token runs on PlayBlock, Playnance’s blockchain infrastructure. The network allows fast and gasless transactions while keeping assets non-custodial and transparent on-chain. This approach helps users interact with blockchain services without having to deal with complicated technical steps.

The ecosystem has grown rapidly in recent years. Playnance currently supports more than 300,000 registered accounts and works with over 30 game studios. The network also hosts more than 10,000 on-chain games across its platforms.

Together, these platforms process around 2 million on-chain transactions every day. They also support interactions with over 2.5 million sports events each year, allowing users to participate in prediction markets and other engagement tools connected to real-world events.

Leadership Perspective on the Token Launch

According to Playnance leadership, the launch is designed to build on an ecosystem that already has active users and real activity.

“On March 18, G Coin will enter the market with real adoption already in place,” said Pini Peter, CEO of Playnance. “With more than 200,000 holders and millions of daily on-chain interactions, G Coin introduces a usage-driven token economy that can grow with our global community.”

Ecosystem Growth and Revenue Milestones

Playnance has also reported strong activity across its platforms in recent months. Earlier this year, its “Be The Boss” program crossed $2 million in real cash payouts to users.

In addition, the company said the broader ecosystem has already generated more than $5.3 million in total revenue, showing increasing participation across its digital entertainment platforms.

Token Supply and Distribution Structure

G Coin maintains a permanent token supply, which stops at 77 billion tokens because the system will not generate any additional tokens. 

Playnance implemented a standardized lock-and-release system to control its token supply. Tokens lost during gameplay will be locked for 12 months before returning to circulation. The Token Generation Event will result in unsold tokens undergoing a 12-month cliff followed by their release over 24 months. 

Playnance plans to enhance its digital entertainment network through its upcoming launch, which will establish an economic foundation that connects multiple platforms for gaming, sports predictions, and financial activities through a single blockchain system.

About Playnance

Playnance is a Web3 technology company that builds blockchain-based digital entertainment platforms. Founded in 2020, the company focuses on gaming, prediction markets, and interactive financial tools. Its platforms allow users to participate in on-chain games and sports prediction activities. Playnance also develops its own blockchain infrastructure called PlayBlock. The company aims to make blockchain easy to use while keeping transactions transparent and secure for users across its growing ecosystem.