PlayCent (PCNT) Deep Dive
Playcent price, PCNT price index, chart, and info | CoinGecko
Playcent price today is $0.937784 with a 24-hour trading volume of $3,585,214. PCNT price is up 49.4% in the last 24…
PlayCent currently has a Mcap of $6,915,973 with a circulating supply of 7,199,931 / 60,000,000 tokens. Over the last 7 days you can see the Market Cap and trading volume increasing significantly showing a large influx of interest. The Token became available for trade 17/3/21.
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.
Playcent apps do similar things to Gumroad, OnlyFans, Wix, Rarible, and Cameo, but don’t require users to leave social networks to engage with the applications making a great case for ease of use.
Playcent aims to democratize software development by allowing non-techies to easily create interactive apps, games and other user generated content in minutes. Some of the Playcent apps or cents already replicate functionality of native apps eg. Shopify, Cameo. 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.
TIME IS MONEY
Businesses, brands and influencers use apps to engage investors and users simultaneously. 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 initially generating an immediate revenue stream increasing the foreseeable profit margin rapidly. Over the next few months we will move from games to interactive apps.
Playcent is in beta and has over 20 templates available for quick use. 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.
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.
KEY ARCHITECTUAL STRUCTURE
Playcent Editor, where a user creates applications,
Playcent CDN, which publishes, hosts, and distributes all the apps
Playcent Rewards Engine, which rewards users based on the activity
NFT Marketplace, To mint and trade NFTs
Cent Marketplace, To trade playcent apps
Playcent pay & Wallet, Used for payments and to store tokens and NFTs
Esports SDK: To convert games to e-sports games
Visual controls library: To import and convert apps to playcent templates
Playcent is built on ethereum and runs on Matic blockchain. We initially chose Ethereum back in 2019 due to the number of developers building on the platform, and the ability to build an MVP quickly. As time passed it became clear that building a blockchain UGC Platform solely on Ethereum would not be feasible from a scalability standpoint.
We have chose Matic Network as our scaling solution due to the high performance and security of our infrastructure Among the data generated from the Playcent ecosystem, any items that are transaction-related are recorded in the Matic blockchain in the form of Tx.
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.
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.
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.
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.
Q1 2020: Playcent development started
Q2 2020: Playcent Editor ( cloud IDE and visual interfaces development )
Q3 2020: Playcent beta
Q4 2020: Playcent testnet token integration
Q1 2021: Play to earn launch Social money blockchain infrastructure Wallet and payment gateway Staking dashboard
Q2 2021: NFT marketplace beta SDK to convert apps to dapps Playcent social network integration Q3 2021 : Playcent Esports SDK Playcent iOS/Android Apps beta Q4 2021: Playcent X Esports platform beta
Fully doxxed team with years of experience amongst the blockchain industry and gaming connections. Most interestingly the strategic advisor is the Co-founder of the Ferrum Network which has seen exponential growth, so he will play a key role in the marketing and development.
Ferrum Network (FRM)
The Ferrum network token has grown by 10416.5% in 1y, exponentially increasing the Marketcap from 573k to a peak of 80m in the same timeframe.
PlayCent is tapping into a very large market with a very unique idea, they have the right fundamentals, roadmap and tokenomics to significantly increase their market cap with a real world use case that will indefinitely be utilized. In comparison to Ferrum the market cap is less than 1/10th and definitely has all the fundamentals to overtake the latter. With core development and a dedicated team PlayCent is a Small Mcap gem bound to see the insane gains of the 2021 Bullrun, 10x is imminent.