PlayChip is an incentivized blockchain-based online sports betting platform and fantasy sports ecosystem. The PlayChip ecosystem is designed to be secure, scalable, simple to use, and fun, as well as include features to incorporate provable fairness into PlayChip transactions and the partnered gaming platforms.
PLA is PlayChip's native token. PLA is an Ethereum based ERC20 token. PLA represents a universal system for payments and rewards on the platform. PLA tokens can be used for placing bets, wagering, and gaming.
PlayChip will be holding its ICO on the 21st of November, 2018. The ICO token supply represents 25% of the total token supply, so there will be a total of 12,500,000,000 tokens available, for $0.01 each at the offering. The ICO funding target is 50,000,000 USD, the funding cap is 90,000,000 USD and is expected to end on the 28th of November, 2018 or when the funding cap is reached.