$PLAYFI
Token Launch
$PLAYFI took a distinct launch path, steering clear of private sales or presales. The founder's injection of initial liquidity eliminated the need for any VC/Team token vesting/locks and allows us to make all decisions related to the growth of PlayFi. If a team member holds tokens, it's because they purchased them during launch—plain and simple.
Adhering to traditional crypto conventions, a portion of tokens are earmarked for strategic purposes, like DEX/CEX listings, partner LP pairings or partnerships. Monthly, these reserve tokens undergo a lock-and-relock cycle to coincide with scaling demands. In essence, $PLAYFI maintains a transparent and direct strategy in constructing its presence in the crypto realm while being fully open for everyone to view on the blockchain.
Available for purchase on:
Uniswap (Tokens for Revenue Sharing)
PancakeSwap (Tokens for Playing Games)
Buy and sell taxes on $PLAYFI are 5%.
Token Details
Token Name: PlayFI
Token Symbol: $PLAYFI
Decimals: 18
Smart Contract Addresses
Purpose and Utility
The $PLAYFI token is designed to serve multiple purposes within our ecosystem:
Vault Access: Ownership of PLAYFI tokens grants users access to playing our games in "Win-to-Earn Mode", enabling their scores to be saved on the leaderboards, of which earns them automatic rewards of up to 500x their initial play fee of $3 of BNB. This payout happens ONLY if you score in the Top 10 on the leaderboard associated with the game you are playing.
Appreciating Value Liquidity Pairs: On the BSC chain (soon on ETH), we have strategically paired with tokens we know will continually appreciate in value over time, facilitating even more liquidity growth. $BNB, $AUSD (reflecting stablecoin), $ABTC (partner), $RTR (partner), $ROCKETFI (partner) & $ATRON (partner). RocketFi has supplied balancer bots for all pools on BSC chain, to keep volatility lower while we scale liquidity at a healthy rate.
Revenue Sharing: If you are in the Top 10% of staked token holders on ETH chain (smart contracts excluded), you will get a percentage of the 15% of B2B sales that occur, starting Q4 2024. BSC chain $PLAYFI tokens are used as tokens for playing PlayFi-branded games, so those are ineligible for revenue sharing. You are more than welcome to bridge your BSC $PLAYFI tokens over to ETH chain using Wormhole Portal. This will deem your tokens eligible for revenue sharing.
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