Playnance Joins DappRadar in Strategic Web3 Partnership
In Brief
Playnance, a B2B Web3 traffic monetization solution and the number-one game on the Polygon network, has announced a strategic partnership with DappRadar.
Playnance, a B2B Web3 traffic monetization solution and the number-one game on the Polygon network, has announced a strategic partnership with DappRadar. The collaboration will be based on a revenue-sharing model, where DaapRadar will earn exclusive fees from users directed to Playnance’s platform.
DappRadar is one of the most trusted sources in the blockchain and Defi industry, offering comprehensive insights into NFT valuations and dApp analytics. Playnance will gain more visibility, engagement, and credibility within the crypto community through DappRadar’s network, while the partnership itself is poised to revolutionize the way traffic is monetized in the Web3 ecosystem.
Playnance has launched several growth initiatives throughout this year. In addition to collaborating with DaapRadar, Playnance has also secured a partnership with major crypto exchange CoinStore based on a similar shared-revenue model.
Key Details of the Partnership
As a part of the partnership, DappRadar will prominently feature Playnance games on its platform through banner ads and other promotional material. In return, DappRadar will earn fees from the trading volume generated by Playnance games. This aspect of the partnership highlights the transparent and fraud-free mechanics critical in Web3 collaborations.
From Playnance’s perspective, the partnership is an opportunity to tap into DappRadar’s user base, acquiring organic users in line with Web3 principles. This arrangement allows Playnance to monetize its traffic ethically. As a part of the profit-sharing agreement, Playnance will share 35% of its profits with DappRadar for the lifetime of users acquired through the platform. The game has already generated large-scale profits, with an average daily paid volume of 1 million MATIC and over $332 million paid to winners. With more users coming from DaapRadar, its trading volume is likely to soar significantly, which will also generate major profits for the Web3 analytics site.
Currently, users can still search for one of Playnance’s developed Web3 pool trading games on the platform UPvsDOWN. The game has nearly $6 million in incoming transactions over the past week.
Future Prospects
Looking ahead, Playnance is actively working on expanding its ecosystem of Web3 gaming products and infrastructure to bring even more innovative offerings to the forefront of the gaming and blockchain sectors.
“Partnering with DaapRadar allows us to leverage its industry-leading analytical prowess and transparently communicate our platform’s data with the Web3 and crypto community,” said Yaniv Baruch, COO at Playnance. “Given DaapRadar’s massive popularity and trusted user base, Playnance will undoubtedly benefit from greater visibility and awareness across the industry.”
A DappRadar spokesperson said that “aligning with Playnance allows us to explore new horizons in decentralized gaming” and that he was excited to see how their combined efforts would enrich the Web3 ecosystem and set new standards for the industry.
Overall, this partnership is a significant milestone in the Web3 world. Playnance’s B2B network is growing considerably stronger with this latest partnership. The platform has also recently entered SiGMA, a major iGaming-focused events and media platform. This strategic development, along with DappRadar’s partnership, will potentially establish Playnance as a leader in developing on-chain financial games.
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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.
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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.
