Playnance, the blockchain-powered web3 igaming ecosystem that is responsible for the “Be the Boss” program, made the announcement on June 18 that its native token, $GCOIN, was listed on KoinBX. This allowed for increased access to one of the communities that is expanding at the quickest rate.
Playnance is continuing to gain momentum in India, where more than 130 partners in Playnance’s Be the Boss program have joined the platform and developed communities that together engage thousands of active players. The listing comes at a time when Playnance is seeing tremendous growth in India. Participants have the ability to establish and govern their own gaming communities via the “Be the Boss” concept of the ecosystem, while also receiving incentives that are related to the activities they engage in as part of their community.
“India has become one of the most engaged markets in the Playnance ecosystem,” said Pini Peter, CEO of Playnance. “We’ve seen community leaders embrace the ‘Be the Boss’ model and build thriving player networks around it. The KoinBX listing is a natural next step that will make $GCOIN more accessible to the growing community helping drive our ecosystem forward.”
A Be The Boss partner named Dr. Nicolas is one of the individuals who have participated in the program. Over the course of the last several months, he has earned more than $57,000 via the program.
“What attracted me to the platform was the opportunity to build something of my own,” he said. “The rewards have been significant, but more importantly, I’ve been able to grow an engaged community and participate in an ecosystem that continues to expand. The KoinBX listing is another milestone that reflects that growth.”
This ecosystem is centered on the cryptocurrency known as $GCOIN, which functions as the basic utility token for the ecosystem. In order to reward involvement, align incentives between players and Bosses, and encourage activity throughout the Playnance network as a whole, the token is used. $GCOIN works to integrate community growth with ecosystem involvement, therefore developing a paradigm in which users are rewarded to contribute to the long-term success of the platform. This model is created as acceptance of the cryptocurrency increases.
Playnance is continuing to grow its footprint in important foreign regions, and the KoinBX listing is the next stage in the development plan that the company has been implementing. The firm’s goal is to increase the usefulness and accessibility of $GCOIN all over the globe by integrating community ownership, gamified participation, and blockchain-based incentives. This will allow the company to generate new possibilities for players and community leaders.
Playnance is a Web3 iGaming infrastructure firm that was established in the year 2020. The company is in the process of producing live, non-custodial, on-chain products with the intention of onboarding mainstream Web2 customers into blockchain settings. At the moment, the firm processes around one million transactions every single day. It does this by building consumer-facing platforms that are supported by shared wallet systems and high-volume on-chain execution. The primary objective of Playnance is to eliminate friction between the user experience and the blockchain infrastructure. This is accomplished by abstracting complexity while preserving complete on-chain transparency and non-custodial design.
