Bitcoin.com, a prominent entity in the cryptocurrency industry since 2015, has announced the launch of a new plug-and-play game developed in collaboration with Playnance. The game, designed with a simple and intuitive mechanism, allows users to predict Bitcoin’s real-time price movements and earn instant rewards. This initiative aims to provide an accessible entry point for novice users to explore crypto trading without complexities. The game is now available to Bitcoin.com users on its gaming portal. Playnance, known for its expertise in GameFi and white-label iGaming solutions, has developed the game.
Bitcoin.com’s Evolution and Engagement Strategy
Since its inception, Bitcoin.com has been dedicated to introducing people to Bitcoin and cryptocurrency. The platform offers a comprehensive range of resources, including educational content, current news, and user-friendly self-custodial products for buying, spending, trading, investing, and earning with Bitcoin and other cryptocurrencies. Additionally, Bitcoin.com has a history of offering gaming options to its users.
Over the past decade, Bitcoin.com’s user base has grown substantially, prompting the platform to seek new and innovative ways to engage and interact with its audience. The collaboration with Playnance was seen as an ideal solution, enabling Bitcoin.com to introduce a new form of user engagement with a ready-to-deploy product requiring minimal setup and maintenance. The ease of integrating Playnance’s white-label solution with Bitcoin.com’s existing platform and features facilitated almost immediate revenue generation.
Simplicity and Appeal of the P2P Trading Game
The simplicity of Playnance’s peer-to-peer (P2P) trading game has a unique appeal to Bitcoin.com’s extensive user base. It offers a straightforward and accessible way for users to generate passive income by predicting whether Bitcoin’s price will rise or fall in real time, earning rewards for correct predictions. The rewards are directly deposited into users’ Web3 wallets. Bitcoin.com benefits by receiving a share of the fees generated from the winner’s pool in each round.
White-label solutions have gained significant attention in the crypto industry due to their quick integration into existing DeFi and Web3 systems. Playnance’s P2P trading game can be integrated and deployed within two hours, allowing businesses to start monetizing their platforms rapidly without additional investments in development and maintenance.
Operational Efficiency and Security Standards
Playnance handles all operational elements, maintaining high liquidity with a decentralized social pool to ensure continuous service availability. The solution is non-custodial and adheres to industry standards for decentralization, maximizing security. Additionally, it has undergone a security audit by CertiK, placing it among the top 10% in terms of security.
Currently, the game is available under Bitcoin.com’s brand and domain, accessible via desktop and mobile applications. The collaboration between Bitcoin.com and Playnance represents a significant business opportunity for any project aiming to optimize traffic and revenues through white-label games. The game also features an estimated return calculator to enhance user engagement.
Playnance’s Evolution and Technological Advancements
Initially, Playnance operated as a B2B Web3 ecosystem offering white-label solutions for traffic monetization. It later evolved into one of the leading GameFi ecosystems, hosted by PlayBlock, a Layer 3 blockchain built on top of Arbitrum Orbit.
Playnance enhances the user experience in Web3 by eliminating gas fees and manual transaction approvals through account abstraction. Utilizing Anytrust technology from Arbitrum, PlayBlock can handle 40,000 transactions per second and finalize blocks in 250 milliseconds. Within a month of its launch, PlayBlock was processing around 500,000 to 600,000 transactions daily, surpassing other gaming chains on Arbitrum Orbit.
Expanding Partnerships and Future Prospects
Recently, Playnance has formed partnerships with prominent industry names such as DappRadar and Coinstore. These partnerships aim to promote and diversify PlayBlock-based games and expand Playnance’s reach, sharing 35% of generated profits in compliance with Web3 ethics.
By introducing Playnance’s white-label Web3 game, Bitcoin.com aims to offer an engaging and profitable GameFi experience for its growing user base. This initiative will diversify Bitcoin.com’s offerings, providing users with another engaging tool to explore crypto trading and monetize traffic.