PLAYCHIP BLOG

Features and tools have been customised to meet the needs of users, operators and regulators

blockchain

PlayChip lists on Bittrex International

PlayChip’s listing on IDEX is its fourth listing in less than three weeks, following its successful listing on Australia’s first regulated cryptocurrency exchange, Independent Reserve, in late January.

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news

Letter from Daniel Simic, PlayChip Foundation Director

I would like to extend my appreciation to every supporter of our project around the globe. Our objectives remain and our dedication to our goals has never waivered.

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news

PlayChip to feature at ICE 2019 in London

The feature continues what has been a huge start to 2019 for the Universal Gaming Token, which has been distributed to over 10,000 token holders since its launch

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GAME CHANGING BLOCKCHAIN SOLUTIONS

Our blockchain-enabled solutions meet the changing needs of the gaming community and deliver the following key benefits

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Lower Cost

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Ultra Secure

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Crypto Audience

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First Mover

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Simple Setup

BUILT FOR THE GLOBAL GAMING INDUSTRY

Our tools have been designed to meet the needs of users, operators and regulators across the globe

USERS

PlayChip delivers users unprecedented speed, security, and control over their funds all via a simple and intuitive user experience making it easy for non-crypto users to understand.

OPERATORS

Operators who utilise the PlayChip can access to our rapidly growing blockchain-enabled sports and gaming community, who are already KYC and AML verified. In addition we deliver increased transparency and lower costs.

REGULATORS

PlayChip blockchain-based gaming platform gives regulators increased trust and transparency through the documentation and immutability of all transactions ensuring efficient legal and regulatory compliance in all jurisdictions.

WE WORK WITH

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Wagering Operators

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Casino Operators

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Game Developers

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e-Sports Platforms

PLAYXCHANGE

Central to our implementation strategy is the PlayXchange™. This revolutionary technology will serve as the base from which users can connect with the entire PlayChip ecosystem, including our own cryptocurrency exchange. This creates a “one-stop-shop” for users of the PlayChip, paving the way to mass adoption within the global gaming economy.

Full integration between the PlayXchange and PlayChip ecosystem via the wallet will provide a vastly improved user experience, allowing for the following features:

  • Buy / Sell directly from the PlayWallet via PlayXchange
  • Instant KYC verification between the platforms
  • Low-cost transactions, for bigger prize pools and better odds
  • Real time balance and withdrawal information including fiat value

PLAYWALLET

PlayWallet is user-friendly, making it perfect for people who are new to using crypto for sports betting and gaming. Users can buy and sell directly from the PlayWallet as well as view all transaction history with ease.

  • Buy / Sell directly from the PlayWallet via PlayXchange
  • Instant KYC verification between the platforms
  • Low-cost transactions, for bigger prize pools and better odds
  • Real time balance and withdrawal information including fiat value

Winner

Tim Draper ICO Award
Blockchain Economic Forum

At the Blockchain Economic Forum in San Francisco, where PlayChip advisor Luke Lombe submitted a winning pitch out of 29 competing ICOs, walking away with the ‘Draper Hero’s Choice Award’.

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favourite

CNBC ‘Whale tank’
Crowd Favourite

The PlayChip was one of the tokens featured in the Token Match ICO pitch event in New York City recently and earned high praise from the attendees, being named the CNBC ‘Whale Tank’ Crowd Favourite.

Watch the Event video

Highlights

06.02.2019

PlayChip to feature at ICE 2019 in London

The feature continues what has been a huge start to 2019 for the Universal Gaming Token, which has been distributed to over 10,000…

01.02.2019

PlayUp Integration grants genuine utility ahead of PlayChip Trading

The PlayChip has become one of the first crypto-tokens with genuine utility to list internationally on cryptocurrency exchanges.

31.01.2019

UFC World Champion Robert Whittaker Becomes Latest PlayChip Brand Ambassador

The current UFC Middleweight Champion struck a deal with the Universal Gaming…

30.01.2019

PlayChip Listing Goes Live Around the World

The PlayChip Foundation has announced the official listing of its PlayChip token. The ERC20 token, PlayChip, will go live and commence…

23.01.2019

PlayUp Ltd. & The Betmakers Holdings Ltd. Deal to be Completed in January 2019

PlayUp Ltd. has announced a further $750,000 has been paid towards its acquisition of…

18.12.2018

PlayChip listing confirmed on Independent Reserve

The PlayChip Foundation has announced the listing of its PlayChip token on Independent Reserve, Australia’s first regulated…

10.10.2018

PlayChip Announces Conor McGregor coach Owen Roddy as Brand Ambassador

The PlayChip has continued its heavy role in sports sponsorships, with the Universal…

03.10.2018

The Blockchain Money Makers With Monster Upcoming ICOs

LET THE GAMES BEGIN! Meet the Australian sports gaming company set for a gigantic ICO and has continued a rapid expansion of its…

27.09.2018

PlayChip Confirms Listing with HitBTC

Australian gaming token PlayChip has announced its official listing on HitBTC, a top-10 cryptocurrency exchange by market cap…

15.09.2018

PlayUp Drops World’s First Crypto Gambling Betting Platform “PlayUp Bet”

The leading Australian sports gaming company, PlayUp LTD has announced the latest…

02.07.2018

PLAYCHIP: THE FOUNDATION ON THE ROAD TO INNOVATION

Starting as an in-house project back in 2014, PlayUp is currently one of the most prominent companies in the multi-billion dollar fantasy sports market under the purview and…

26.06.2018

PlayChip Featured on CNBC’s Crypto Trader Program

Luke Lombe, ICO Strategist for the PlayChip team, attended the Token Match ICO pitch event in New York City recently where he spoke with…

20.06.2018

PlayChip ICO takes out the ‘Draper Hero’s Choice Award’ at San Francisco Blockchain Economic Forum

The Blockchain Economic Economic Forum that recently took place in the technological…

18.06.2018

PlayChip cryptocurrency set to disrupt the sports betting industry

PlayUp hope to capture some of the current sports betting enthusiasm, particularly with the World Cup having…

15.05.2018

Supreme Court strikes down federal law prohibiting sports gambling

The Supreme Court struck down a federal law that prohibits sports gambling Monday in a landmark decision that…

04.05.2018

PlayUp acquires another Australian betting platform

Australian online gaming and DFS firm PlayUp has announced its latest acquisition in the form of betting.club, an online platform that lets punters “bet…

27.04.2018

PlayUp continues Australian expansion with NRL sponsorship

Online gaming and DFS platform PlayUp has continued its recent spending spree with a new sponsorship of NRL side…

26.04.2018

Spotlight: DAOstack, PlayUp, CoinJanitor

If only there was a way for fantasy sports enthusiasts to have their own token which would be fully liquid.

21.04.2018

NEW OWNERS OF AUSTRALIA’S TOP DFS DRAFTSTARS

Draftstars, one of the biggest daily fantasy sports (DFS) platforms in Australia, has new owners. Recently, CrownBet decided to sell this DFS powerhouse to PlayUp…

15.04.2018

PlayUp bets on cryptocurrency future plus ASX and Nasdaq listing

A young Australian technology entrepreneur has resurrected the collapsed PlayUp sports fantasy and…

leadership team

The leadership team have over forty years combined experience building interactive gaming products and running disruptive global online businesses.

Stephen Chaplin

Director

Sharon Robson

Director

Mark Hetherington

Director

Michael Costa

Director

Daniel Simic

Director

the Advisory board

Dr Stephane Savanah

Cryptocurrency Evangelist

Dr Adam Weigold

Blockchain Expert

Frequently asked questions

If you have any questions which we have not answered, please get in touch using the contact form below.

What is the PlayChip and what can I do with it?

The PlayChip (PLA) is a decentralised utility token serving as the currency in the PlayChip ecosystem. The PlayChips’ goal is to become the universal gaming token and premier currency of the gaming industry. It can be used to place bets and enter challenges, as reward points in the PlayUp store, and can be traded for fiat and other cryptocurrencies via partnered exchanges.

How do I buy PlayChips?

You can purchase PlayChips from the playXchange or from any of our partner exchanges such as INDEPENDENT RESERVE, HitBTC, LATOKEN after the token has been listed.

When will I receive my PlayChips?

PlayChips will be distributed following KYC & AML verification on December 19th 2018.

Are PlayChip tokens instantly transferrable?

The PlayChip will be instantly transferrable following the completion of KYC and AML verification via your playXchange account. Until then, your PlayChip balance will be displayed in your playXchange account.

When is the PlayChip going to be on an exchange?

We have agreements in place to list on Independent Reserve, HitBTC and LATOKEN from January 2019, this will allow enough time for all users to complete all verification requirements. The exact listing date will be confirmed by the end of 2018.

What is the PlayChip Foundation?

The PlayChip Foundation is the entity responsible for protecting and growing the PlayChip economy and ecosystem. The PlayChip Foundation will guard a portion of PlayChips generated with the goal of growing the ecosystem. These PlayChips are protected under smart contract and cannot be sold or released into the market without approval from multiple parties.

These reserve PlayChips will be used for future growing of the PlayChip economy by seeding economies on new platforms, should they be required.

What is the PlayXchange?

The PlayXchange is our partnered exchange where users of the PlayChip can buy, sell or trade their PlayChips. The PlayXchange will be connected directly to each of the platforms in the PlayChip ecosystem via the PlayWallet, providing users with a “one-stop-shop” for buying, using and selling their PlayChips. Players will be able to convert the PlayChip on the PlayXchange for fiat or cryptocurrencies.

GET IN TOUCH

For all enquiries regarding the PlayChip, please go to our support portal