Playnance plans to list its utility token G Coin on March 18

Playnance will launch G Coin on March 18. The token entered the market with 200,000 holdings and a valuation of $38M. 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 gearing up to launch G Coin, a utility token powered activity on chain gaming, prediction markets and interactive financial platforms, on March 18.

Unlike many token launches that happen before meaningful product adoption, G Coin enters the market as an already active part of the ecosystem.

According to Plains Public Tracker, the token currently has more than 200,000 owners, 13 billion Gcoins were distributed during the presale, and the estimated market capitalization before the token generation event was $38 million.

G Coin serves as the unified economic layer of the Playnance ecosystem, enabling gaming activity, predictions, settlements, rewards and other forms of participation on the network's platforms. “On March 18, G Coin will enter the market with real adoption already in place,” Pinness CEO Piny Peter said.

“With over 200,000 holders and millions of on-chain interactions, GCoin has introduced a usage-based token economy designed to grow alongside its expanding global community. There are many surprises on the way to take the world of entertainment to the next level. Stay tuned.”

The token is powered by PlayBlock, Playnance's blockchain infrastructure designed to support fast and gas-free interactions with non-custodial ownership and on-chain transparency.

The extensive Plains ecosystem works at scale across multiple digital entertainment platforms.

Its infrastructure supports more than 300,000 registered accounts, integrates with 30 game studios and hosts more than 10,000 chain games.

Across the network, platforms process approximately 2 million chained transactions per day and can interact with more than 2.5 million sporting events per year.

Together, these systems create a high-volume, on-chain environment where millions of daily transactions in the gaming, sports and financial prediction markets are powered by G Coin.

Recent changes to the ecosystem indicate continued activity growth prior to the launch of the token.

Earlier this year, Pines reported that its “Be The Boss” affiliate program exceeded $2 million in real cash payouts, while the broader ecosystem generated more than $5.3 million in total revenue.

G Coin operates on a fixed supply model with 77 billion tokens covered, no future innovation.

Circulation supply is managed by a structured lock and release system.

Tokens lost during gameplay are locked for 12 months before being returned to the date they were originally lost.

Unsold tokens from the Token Generation Event are subject to a 12-month grace period, followed by a 24-month linear vesting schedule.

With the launch of GCoin, Pennys aims to standardize the economic coverage that underpins the digital entertainment infrastructure, connecting gaming, sports events, prediction markets and partner platforms in a single on-chain ecosystem.