What is PlayDapp (PLA)? How does it work?
PlayDapp, developed with the aim of making digital assets more valuable and accessible to everyone, is a blockchain-based gaming platform that operates on a customer-to-customer (C2C) model and provides an NFT marketplace. PLA also is the native token created on the Ethereum blockchain to be used for transactions on the platform. In this article, you can find answers to the questions of what is PlayDapp (PLA), how does PlayDapp (PLA) work, how to buy PlayDapp (PLA), and how to trade PLA/TRY and PLA/USDT trading pairs.
What is PlayDapp (PLA)?
PlayDapp is a blockchain-based gaming platform and a NFT marketplace. PLA is the platform’s native token created to be used for transactions. Games on the platform can run on multiple blockchains such as Ethereum, Avalanche, and Solana.
PlayDapp’s native token PLA, launched in 2017, is a token created on the Ethereum blockchain, and it uses the ERC-20 standard. As PLA is used for transactions on PlayDapp, game developers, gamers and all other users earn PLA when they make in-game purchases or play games. The maximum supply of PLA tokens is capped at 700 million PLA.
PlayDapp stated that it aims to bring non-cryptocurrency game lovers to the blockchain-based gaming world. In this context, they have provided a platform for players to play games even if they do not have the game’s own local token.
How PlayDapp (PLA) Works?
Game items earned by players can be exchanged directly with a peer-to-peer (P2P) and customer-to-customer (C2C) marketplace or sold for PLA on the marketplace in PlayDapp’s Play-to-Earn (P2E) model.
Developer kit, The PlayDapp SDK, is offered to developers who want to develop games within the PlayDapp platform. When an item created for a single game is listed as NFT within the platform, it can be used in other games developed and played within the platform. It was stated that it was aimed to create interaction between games and to increase the value of NFT items.
How do you store PlayDapp (PLA)?
PlayDapp’s native token, PLA, is built on the Ethereum blockchain. You can store and manage ERC-20-based PLA balances on your BtcTurk | PRO account and desktop, mobile, and hardware wallets that support ERC-20-based Ethereum assets.
How to Buy and Sell PlayDapp (PLA)
You can use the BtcTurk | PRO website or BtcTurk | PRO mobile app to buy and sell PlayDapp (PLA) using Turkish Lira and Tether (USDT). If you are not a BtcTurk member yet, you can become a member now on our website or mobile app. You can purchase PlayDapp (PLA) by depositing Turkish Lira -a service available 24/7- if you use one of BtcTurk’s seven contracted banks.