Playnance to Launch G Coin on March 18 as Utility Token Already Held by Over 200,000 Users

Web3 infrastructure company Playnance announced that it will launch G Coin on March 18, introducing the utility token that supports activity across its digital entertainment ecosystem.

The token is designed to power participation across the company’s network of blockchain-based gaming platforms, sports prediction markets, and financial interaction tools.

Unlike many token launches that occur before platforms gain traction, G Coin enters the market with an existing user base. According to Playnance’s public tracker, the token currently has more than 200,000 holders. Around 13 billion tokens were distributed during the presale phase, with the project estimating a market capitalization of about $38 million ahead of its Token Generation Event.

Within the ecosystem, G Coin acts as the main economic layer that supports gameplay, predictions, reward distribution, settlements, and other platform interactions. The token runs on PlayBlock, Playnance’s blockchain infrastructure, which allows fast transactions without gas fees while maintaining non-custodial ownership and on-chain transparency.

Playnance’s infrastructure supports a growing digital entertainment network. The ecosystem includes more than 300,000 registered accounts, integrations with over 30 game studios, and a catalog of more than 10,000 on-chain games.

Across its platforms, the network processes around 2 million on-chain transactions each day and allows users to interact with more than 2.5 million sports events annually. These activities create a high-volume environment where G Coin is used across gaming, sports events, and financial prediction markets.

Recent updates from the company highlight continued growth across the ecosystem. Earlier this year, Playnance reported that its “Be The Boss” program surpassed $2 million in real cash payouts to participants. The broader network has also generated more than $5.3 million in total revenue.

G Coin operates with a fixed supply capped at 77 billion tokens and will not introduce additional minting. Supply circulation is managed through a lock and release structure. Tokens lost during gameplay are locked for 12 months before returning to circulation according to their original loss date. Unsold tokens from the Token Generation Event will be subject to a 12-month cliff followed by a 24-month linear vesting schedule.

The launch of G Coin establishes the economic layer connecting Playnance’s platforms, linking gaming, sports events, prediction markets, and partner applications within a shared blockchain ecosystem.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.