Bitcoin.com Launches White-Label Web3 Game from Playnance
Gaming is an essential part of the rise of cryptocurrencies and blockchain technology. The medium’s accessible nature serves as a natural introduction to crypto’s more complex mechanisms, and earning rewards for play is also a pretty good incentive.
Bitcoin.com, a crypto-focused wallet developer and service provider, recognizes the importance of gaming in the decentralized space. To demonstrate this understanding, Bitcoin.com has revealed a new white-label Web3 game developed by Playnance.
Bitcoin.com Expands Into Gaming
Headquartered in Tel Aviv, Israel, Playnance is an ecosystem of Web3 games and gaming services. With over 500,000 downloads, the project has launched several successful play-to-earn games, including MoonXP.com and Blitzionaire.
This latest project, Up vs. Down, which has players predicting Bitcoin price trends in real time, was selected as the white-label solution for Bitcoin.com. The process is simple. Players choose to join the up or the down pool. The former pool is for players predicting Bitcoin will go up, while the latter is for price drop predictions. At the end of each round, winners will earn based on their bet.
The game automatically distributes earnings in the project’s Playblock (USDP) token, and Bitcoin.com takes small fees from all winnings. Otherwise, this is a pick-up-and-play title available now through Bitcoin.com’s gaming portal. Players can engage with it on mobile and desktop.
Bitcoin.com Background
Since its inception in 2015, Bitcoin.com has been at the forefront of introducing people to the world of Bitcoin and cryptocurrency. The Bitcoin.com platform offers a wealth of educational resources, up-to-date news, and user-friendly, self-custodial products for buying, spending, trading, investing, and earning with Bitcoin and crypto. Bitcoin.com has also long offered gaming options.
The platform can easily integrate new tech like Playnance’s game thanks to white-label solutions. White-label products are pre-built entities that companies can purchase and rebrand to look like their own software. The process is cheap and timely, often requiring just a few hours from implementation to launch.
Playnance’s Evolution
White-label software has grown in popularity over the past few years, with Playnance leading the charge. Playnance handles all of a game’s maintenance and operation processes, saving clients time and money. Clients can even estimate their potential earnings through Playnance’s calculator.
Playnance manages its operations and liquidity through a decentralized social pool, ensuring 24/7 availability and uninterrupted gameplay. This isn’t to mention the platform has been thoroughly vetted by CertiK. In fact, Playnance scored in the top 10% of CertiK’s rated platforms for security.
Playnance launched as a B2B Web3 platform focusing on white-label products, though it has since evolved into a GameFi platform with its launch of PlayBlock. PlayBlock is a layer3 blockchain platform built on the Arbitrum Orbit protocol.
PlayBlock improves upon the traditional Web3 experience by removing gas fees, all while processing 40,000 transactions per second. These capabilities have already seen testing, with PlayBlock handling between 500,000 and 600,000 transactions daily in less than a month after its launch.
Playnance has recently partnered with DappRadar and Coinstore, among other industry leaders, promoting PlayBlock-based games and the Playnance brand in general. In return for promotion, Playnance shares 35% of its generated profits with its partnered brands.
Creating a Revenue Source
Bitcoin.com has seamlessly introduced a captivating GameFi experience by implementing Playnance’s white-label Web3 game. This strategic decision broadens Bitcoin.com’s range of services and also offers users a novel and engaging method to delve into crypto trading while generating revenue from traffic. Other industry players can seize this opportunity as well, enabling them to set up a new income stream with ease and speed.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
