PCNT, the native token of Playcent, is a core utility token which lives on both matic and ethereum chains. It will be used as a base ecosystem payment currency, to stake in the system, and as a governance token when the governance module is launched. PCNT holders will be able to claim rewards if they stake their tokens, participate in key governance votes, playing games and through user-generated content initiatives.
PCNT does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will PCNT entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. PCNT may only be utilised on the Playcent ecosystem, and ownership of PCNT carries no rights, express or implied, other than the right to use PCNT as a means to enable usage of and interaction within the Playcent ecosystem.
Use Cases :
1: Governance, where token holders decide on things like emissions, distribution, upvotes etc and control the reserve funds
2: In-app currency for all the apps & games developed on Playcent
3: Subscriptions, asset marketplace transactions will be charged in PCNT token
4: early access of games for token holders and other premium services
5: Payment for advertising on Playcent
6: Rewards for Play mining
Rewards The reward tokens represents 15% of the total token supply. The goal of the rewards tokens is to attract a wide range of creators and gamers to the playcent ecosystem in the hunt for token rewards and to give ownership and stake to the most active community members. The Rewards allocation can be seen as a marketing budget for the playcent ecosystem.