- Playnance to launch G Coin on March 18.
- Token enters market with 200,000 holders and $38M estimated valuation.
- Ecosystem processes millions of daily interactions across gaming, sports, and prediction markets.
Playnance, a Web3 infrastructure company focused on blockchain-based digital entertainment platforms, is preparing to launch G Coin, the utility token powering activity across its ecosystem of on-chain gaming, prediction markets, and interactive financial platforms, on March 18.
Unlike many token launches that occur before meaningful product adoption, G Coin enters the market as part of an already active ecosystem.
According to Playnance’s public tracker, the token currently has more than 200,000 holders, with about 13 billion G Coin distributed during the presale phase and an estimated market capitalisation of around $38 million ahead of its Token Generation Event.
G Coin serves as the unified economic layer of the Playnance ecosystem, enabling gameplay activity, predictions, settlements, rewards, and other forms of participation across the network’s platforms. “On March 18, G Coin will enter the market with real adoption already in place,” said Pini Peter, CEO of Playnance.
The token runs on PlayBlock, Playnance’s blockchain infrastructure designed to support fast, gasless interactions while maintaining non-custodial ownership and on-chain transparency.
The wider Playnance ecosystem operates at scale across multiple digital entertainment platforms.
Its infrastructure supports more than 300,000 registered accounts, integrates with over 30 game studios, and hosts more than 10,000 on-chain games.
Across the network, platforms process roughly 2 million on-chain transactions daily and enable interaction with over 2.5 million sports events annually.
Together, these systems create a high-volume on-chain environment where millions of daily interactions across gaming, sports, and financial prediction markets are powered by G Coin.
Recent developments across the ecosystem point to continued activity growth ahead of the token launch.
Earlier this year, Playnance reported that its “Be The Boss” partner program had surpassed $2 million in real cash payouts, while the broader ecosystem generated more than $5.3 million in total revenue.
G Coin operates under a fixed supply model capped at 77 billion tokens, with no future minting.
Circulating supply is managed through a structured lock-and-release system.
Tokens lost through gameplay are locked for 12 months before returning to circulation according to their original loss date.
Unsold tokens from the Token Generation Event are subject to a 12-month cliff followed by a 24-month linear vesting schedule.
With the launch of G Coin, Playnance aims to formalize the economic layer supporting its digital entertainment infrastructure, linking gameplay, sports events, prediction markets, and partner platforms within a unified on-chain ecosystem.
Source: https://coinjournal.net/news/playnance-plans-to-list-utility-token-g-coin-on-march-18/
