Playnance Sets March 18 Token Launch for G Coin
Playnance has scheduled the launch of G Coin for March 18, introducing the utility token that will power transactions across its blockchain-based \entertainment ecosystem.
The token is designed to support activity across the company’s digital platforms, including gaming environments, sports prediction markets, and financial interaction tools.
Before its official launch, G Coin has already accumulated more than 200,000 holders, according to Playnance. Around 13 billion tokens were distributed during the presale phase, and the project estimates a market capitalization of about $38 million ahead of its Token Generation Event.
G Coin enables participation across the ecosystem by supporting gameplay transactions, predictions, settlements, and reward mechanisms. The token runs on PlayBlock, the company’s blockchain infrastructure built to support fast and gasless interactions.
Playnance’s network includes more than 300,000 registered accounts and partnerships with more than 30 game studios. More than 10,000 on-chain games are available across the ecosystem.
The company says its platforms generate approximately 2 million on-chain transactions each day. Users also interact with more than 2.5 million sports events annually.
“On March 18, G Coin will enter the market with real adoption already in place,” said CEO Pini Peter.
Playnance said the “Be The Boss” program has already distributed more than $2 million in payouts to participants. The broader ecosystem has generated over $5.3 million in total revenue.
G Coin will operate under a fixed supply model capped at 77 billion tokens. Tokens lost through gameplay will be locked for 12 months before returning to circulation, while unsold tokens from the Token Generation Event will follow a 12-month cliff and a 24-month linear vesting schedule.
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