What Is PlayDapp?

About PlayDapp (PLA)

PlayDapp is a gaming platform operating on the blockchain and an NFT marketplace. The company is working on building an entire entertainment ecosystem of interconnected games.

PLA is the utility token for PlayDapp. This is an ERC-20 token that is a primary means for in-game purchases, paying rewards to the game developers and DApp operators.

The project aims to create a digital space where people would be able to enjoy various games, and exchange items and characters with the help of a consumer-to-consumer (C2C) marketplace. The system features multichain blockchain support: aside from native PLA, it is possible to use ETH, KLAY, and some other tokens.

The team has introduced a play-to-earn (P2E) concept to reward players for their participation in one of the games, Along with the Gods. There is a P2E server where players have the opportunity to complete daily missions and participate in tournaments to win up to 7,000 PLA weekly. In the future, the company plans to employ the P2E concept more to reward users for participation.

One of the unique features of the project is interoperability: the items, characters, and accessories that exist in the form of NFTs are not limited to one game only and can be used in various ways within the ecosystem. For example, finding all pieces of a puzzle in one game unlocks a character for a different game.

In order to use this feature to the fullest, PlayDapp distributes the software development kit; it enables game developers to collaborate with the help of blockchain technology. By producing a number of interconnected games of different genres in the future, the company hopes to make the system more engaging for the users and more attractive to game creators thanks to the possibility of cross-promotion. 

Where did PlayDapp (PLA) come from?

The company was founded in 2017 in Seoul by a team with vast experience in the gaming industry, business as well as IT. The first two games called CryptoDozer and DozerBird were launched in 2019. The following year PlayDapp Marketplace was established, and the present-day ecosystem started to develop.

The project’s mission is to introduce more people to crypto through gaming and make digital assets more available to everyone.

What are the advantages of PlayDapp (PLA)?

1. With an innovative approach to how games are created, as well as the fact that the P2E model is becoming increasingly popular, the project seems to have great prospects in the future.
2. The PlayDapp software development kit makes it easy for game creators to collaborate, allowing for exciting opportunities for both developers and players.
3. PlayDapp gives users the opportunity to earn rewards while doing what they enjoy. What is more, the team is working on granting players full ownership of their digital assets.

What are the disadvantages of PlayDapp (PLA)?

1. As of now, the number of available games is very limited: only 4 of them have been launched so far; 5 more are coming soon, according to the website.

How to buy PlayDapp (PLA) on SimpleSwap?

If you would like to buy PLA tokens, SimpleSwap is the right choice. Visit our homepage and follow these instructions:

1. Say, you want to swap BTC for PLA. Select the currency you want to exchange (e.g. BTC) in the first drop-down list. Then enter the amount you want to swap.
2. Select PLA in the second drop-down list. You’ll see the estimated amount that you’ll get after the exchange.
3. Click the Exchange button.
4. Enter the Recipient's Address where PLA will be sent. Be careful and make sure you use the correct address.
5. Create the exchange.
6. You will see the Bitcoin deposit address. You need to transfer the necessary amount of BTC to this address to start the BTC to PLA exchange.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.