Playnance is set to launch G Coin on March 18, aiming to drive transaction activity within its blockchain gaming and prediction ecosystem. The token will support interactions between gaming platforms, sports prediction markets, and financial engagement tools within the Playnance network.
According to Playnance, the token already boasts over 200,000 holders ahead of its official launch. Approximately 13 billion tokens were distributed during the pre-sale phase. The project's market capitalization is estimated at around $38 million prior to the Token Generation Event (TGE).
G Coin is designed as the economic infrastructure for the entire ecosystem. It will facilitate gaming activities, predictions, rewards, and settlement transactions on the Playnance platform. The token operates on PlayBlock, the company's blockchain infrastructure, designed to support fast and gas-free interactions while maintaining non-custodial ownership and full on-chain transparency.
Playnance reports that its ecosystem currently includes over 300,000 registered users and has established partnerships with more than 30 gaming studios. Over 10,000 blockchain-based games are available on the network.
Approximately 2 million on-chain transactions are processed daily across these platforms. Users also engage with over 2.5 million sports events annually.
Pini Peter, CEO of Playnance, stated that the introduction of G Coin establishes a usage-driven token economy designed to grow in tandem with its expanding global community. The company also reported that its “Be The Boss” program has paid out over $2 million to participants. The total revenue generated across the ecosystem has exceeded $5.3 million.
The token will follow a fixed supply model, capped at 77 billion tokens. The circulating supply will be managed through a locking and release system. Tokens lost during gameplay will be locked for 12 months before being reintroduced into circulation. Tokens unsold in the TGE will be subject to a 12-month cliff and a 24-month linear vesting schedule.