What is Playcent (PCNT) | What is Playcent token | What is PCNT token

What is Playcent (PCNT) | What is Playcent token | What is PCNT token

Playcent is a Decentralised WIX for dapps, games, NFTs and social tokens. A multichain protocol capitalizing on remix culture, gives you the freedom to develop, create, manage and monetize your web presence.

Playcent is a blockchain based user generated content platform for interactive apps and games. It’s a remix tool that anyone can use to make interactive games, mini-apps, and memes based on the various templates created by independent developers.

TikTok popularized “remix” culture ( users remixing existing video and audio clips ) and has grown to billions of users, but Playcent wants to go one step further by making mini-apps, games, and memes remixable.

Playcent apps are ‘full stack apps’ that can be created in minutes and shared everywhere on the internet. Playcent apps do similar things to Gumroad, OnlyFans, Wix, Rarible, and Cameo, but don’t require users to leave social networks to engage/transact.

Market and technological opportunities

Marc Andreessen once famously said, “Software is eating the world” to refer to the software-driven innovation revolution and the need for every company to become a software company. This is more relevant now. Today, software development is highly specialized and its availability is limited to a small handful of people with classical training.

As new digital platforms come to exist, and millions of users come online for the first time, the need for content and software will only continue to increase.

If we continue to approach the development of software using current patterns, we will not be able to meet this new demand.

If the power to create software remains so prohibitively expensive, software creation will continue to trend toward centralization. A few large multinationals will outsizedly control and shape the connected experience for newly-connected populations.

Playcent aims to democratize software development by allowing non-techies to easily create interactive apps, games and other user generated content in minutes.

In 2020, there are 3.5 billion smartphone users around the world. Over 50% of the time is spent inside of social media and messaging apps. In these social feeds users consume all types of content like text, image, video, GIFs and links. Each of the social media implements a webview ( a browser built in natively to support links ) to support links. Playcent takes advantage of the webviews. Cents are web urls that run everywhere including all the social media websites.

Some of the playcent apps or cents already replicate functionality of native apps like Buy Me Coffee , shopify or cameo.

Market

Our initial focus is on hyper casual games and mini apps. Hyper Casual games are simple to play games which already have a market share of over $2billion out of $65 billion mobile gaming.

Hyper casual games present real, quantifiable value to brands, businesses, and influencers to engage their users. These groups currently commission the creation of hyper casual games as marketing tools for $15-150k per game, with a development lead time of 4-12 months. By reducing the cost and development time, Playcent gains market penetration, early revenue.

“Re-skinning” a hypercasual game is often all it takes to turn a boring game into a viral hit.

Over the next few months we will move from games to interactive apps and in the next few years we envision 15 year olds remixing cents and creating hit games and apps.

Tech architecture

Playcent is in beta and has over 20 templates. Templates are the underlying web applications that power cents. A developer can build playcent templates for any type of web application, including interactive games, memes, and apps.

While creating a template a developer can define which values are customizable and leverage Playcent platform technology to make it easy for non-technical users to change them.

After a template is published on Playcent, creators can easily find and remix it, adding their own images, text, sounds, and more, to create their own version that they can share anywhere on the web.

What is Remixing?

Remixing enables creators to make their own apps by customizing existing playcent apps and publishing their own versions.

Developers can port existing apps to Playcent by integrating the playcent visual controls library

Playcent Universe

There are several users that would comprise Playcent’s vibrant ecosystem:

Developers

Developers build the templates that power the playcent apps. Templates will be remixed into custom apps and shared by millions of people across the world. As the template is remixed, and its remixes are remixed, the template evolves into new applications. Playcent tracks this ancestry, and developers retain a stake in the value of this "evolution pool" over time.

Each template created is part of a lineage and yields reward based on the activity of its descendants according to the Playcent Evolution Fee Structures.

Creators

As core users and value providers, content creators gain the largest share of the revenue.

Content creators can earn token rewards by remixing cents. When a cent is played, the content creator will be rewarded with tokens based on the activity.

The content creator can also earn a larger one-off payment by selling the cent they created on the marketplace

Consumers

User(s) consume the content created and earn tokens from the reward pool.

In addition to general interactive behaviors such as Liking, sharing, and commenting, users can also use playcent tokens for In app purchases, subscriptions and tipping developers or creators.

Advertisers

Purchase playcent tokens for promoting their content

Playcent Token

PCNT, the native token of Playcent, is a core utility token which lives on both matic and ethereum chains. It will be used as a base ecosystem payment currency, to stake in the system, and as a governance token when the governance module is launched. PCNT holders will be able to claim rewards if they stake their tokens, participate in key governance votes, playing games and through user-generated content initiatives.

PCNT does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will PCNT entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. PCNT may only be utilised on the Playcent ecosystem, and ownership of PCNT carries no rights, express or implied, other than the right to use PCNT as a means to enable usage of and interaction within the Playcent ecosystem.

Use Cases :

1: Governance, where token holders decide on things like emissions, distribution, upvotes etc and control the reserve funds

2: In-app currency for all the apps & games developed on Playcent

3: Subscriptions, asset marketplace transactions will be charged in PCNT token

4: early access of games for token holders and other premium services

5: Payment for advertising on Playcent

6: Rewards for Play mining

Rewards

The reward tokens represents 15% of the total token supply. The goal of the rewards tokens is to attract a wide range of creators and gamers to the playcent ecosystem in the hunt for token rewards and to give ownership and stake to the most active community members. The Rewards allocation can be seen as a marketing budget for the playcent ecosystem.

Playcent Decentralized Organization

Through PCNT, Playcent will gradually evolve into a community-owned Decentralized Organization. This process occurs as PCNT is distributed among users.

Roadmap towards DAO

Version 0: Q4 2020 / Token generation event No voting possible

Version 1: First half 2021 / Staking dashboard released, PCNT holders can stake their tokens through the staking dashboard and participate in governance votes brought forward by the Playcent team.

Version 2: Early 2022 More on-chain votes about smaller issues.

Version 3: Q3- Q4 2023 / Decentralized Organization PCNT holders determine which governance framework should be used

In Q4 2021, the Community Treasury will go live. The Community Treasury will receive tokens set aside for reserve and part of transaction fees on the playcent platform.

Staking and Staking Rewards

Starting in early 2021 token holders will be able to stake their PCNT to earn rewards. These rewards will initially start out high to incentivize user growth and gradually decline as Playcent reaches maturity.

Playcent IDO on Poolz and Whitelisting

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We are proud that after a thorough vetting process Playcent has been selected as the second project to conduct its IDO on the Poolz platform. It is built across both the Ethereum as well as the Matic blockchain.

*We will conduct the IDO of Playcent’s PCNT tokens on Poolz on March 6, 2021at 17:00 pm UTC. *Mark your calendars!

There will be two pools open, one for the Public participants and another for Poolz Token ($POOLZ) holders. The whitelist form is the same for both pools.

How Will the IDO Whitelisting Work?

You will have to fulfill the criteria outlined below to be eligible for whitelisting for the Playcent IDO on Poolz:

In order to qualify for the whitelisting process, please perform the following tasks:

  1. Follow Poolz on Twitter ( https://twitter.com/Poolz__)
  2. Follow Playcent on Twitter ( https://twitter.com/playcentglobal)
  3. Retweet the pinned tweet on the Playcent Twitter account.
  4. *Make sure you include the token tickers $POOLZ and $PCNT *( https://twitter.com/playcentglobal/status/1363872008019218440)
  5. Join the Playcent Telegram group ( https://t.me/playcentglobal)
  6. Fill the whitelist form ( https://forms.gle/CWhfB38wPjaJaQbN9)

POOLZ Pool:

  • Stake your POOLZ tokens in the staking page (will be shared soon) for 7 days with 12% APY guarantee!
  • Participate in the task model described above ( you need to complete all the whitelist tasks to qualify)

Here’s a brief recap of the Poolz tier model:

  • *Amber (Tier 1): 250 POOLZ *— 1 ticket for whitelist-lottery
  • *Sapphire (Tier 2): 500 POOLZ *— 2 tickets for whitelist-lottery
  • *Emerald (Tier 3): 1,250 POOLZ *— 3 tickets for whitelist-lottery
  • *Ruby (Tier 4): 2,500 POOLZ *— 4 tickets for whitelist-lottery
  • *Diamond (Tier 5): 5,000 POOLZ — *4 tickets for whitelist-lottery and 1 guaranteed allocation
  • *Blue Diamond (Tier 6): 10,000 POOLZ *— 4 tickets for whitelist-lottery and 2 guaranteed allocations.

In addition, there will be** a special draw for 100 POOLZ stakers!**

The more tickets you get, the more allocations you can receive via the whitelisting process.

Here is an overview of the staking pool, that POOLZ tokens need to be sent to in order to qualify for the whitelisting process:

  • Duration of staking pool: 7 days
  • APY for all stakers: 12%
  • Staking pool starting and ending times: from 4th March, 17:00 PM UTC until 11th March, 17:00 PM UTC

Please note that tokens that are already being staked or that are used for providing liquidity will count towards the total sum of staked tokens (staking/liquidity provision must take place from the same wallet).

Winner wallets are picked by a lottery draw system, after the Poolz & Playcent team has carefully checked for valid ERC-20 addresses, valid Telegram handles and other possible cheating attempts.

The winner wallets will be posted 24 hours before the IDO time on the Poolz website.

How and Where to Buy Playcent (PCNT)?

PCNT has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy PCNT

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)...

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since PCNT is an altcoin we need to transfer our coins to an exchange that PCNT can be traded. Below is a list of exchanges that offers to trade PCNT in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase PCNT from the exchange.

Exchange: Uniswap (V2)

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once PCNT gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

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Find more information PCNT

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🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

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