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Reading: Play launches token and companions with Telefónica Group on Web3 gaming
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NEW YORK DAWN™ > Blog > Technology > Play launches token and companions with Telefónica Group on Web3 gaming
Play launches token and companions with Telefónica Group on Web3 gaming
Technology

Play launches token and companions with Telefónica Group on Web3 gaming

Last updated: December 17, 2024 4:16 pm
Editorial Board Published December 17, 2024
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Play, a platform for integrating Web3 applied sciences into gaming, has introduced a partnership with Telefónica Innovación Digital, the Telefónica Group firm that drives innovation and the creation of expertise.

The businesses will facilitate the migration of gamers into blockchain video games by way of the launch of Play’s GamePass NFTs, which at the moment are obtainable for buy on Telefónica’s market, TU Gallery.

This partnership goals to make Web3 applied sciences extra accessible to Telefónica’s intensive buyer base. By providing these distinctive digital collectibles, Telefónica enriches its market, offering current clients with unique gaming content material and the chance to simply migrate onchain. On the similar time, Telefónica may even be attracting a brand new section of gaming fans, together with Play’s devoted followers, to their platform.

For Play, this partnership continues its concentrate on enabling Web2 avid gamers to transition onchain seamlessly and in a enjoyable means. A part of Play´s go-to market technique has been to companion strategically with telcos to create experiences emigrate gamers onchain. 

This collaboration follows Play’s partnership with TapNation announcement final month to broaden Web3 gaming entry to cellular avid gamers – the most important gaming demographic. Simply final week, TapNation launched the extremely rated Rock Crawling: Racing Video games 3D on iOS and Android, developed utilizing Play’s expertise. The milestone aligns with Play’s overarching mission to onboard three billion avid gamers to the blockchain.

“Partnering with Telefónica Innovación Digital is another step toward our goal of making onchain gaming universally accessible. Their direct-to-consumer reach allows us to connect with a broad Web2 audience keen to explore onchain gaming. Telefónica recognizes the importance of Web3 and embraces innovation, and we look forward to introducing fresh gaming experiences to their extensive customer base,” mentioned Christina Macedo, CEO of Play, in an announcement.

Launching the $PLAY token

In the meantime, Play additionally introduced the honest launch of its native $PLAY token. The token technology occasion (TGE) takes place on Aerodrome, a decentralized change (DEX).

The corporate mentioned the $PLAY token is ready to play a central position within the platform’s mission to onboard three billion avid gamers onchain and deploy three trillion brokers in-game. Sure, that’s a bit bold however that’s what the corporate mentioned.

By emphasizing a good launch with out preferential insider offers or advanced vesting schedules, Play goals to foster a community-driven ecosystem the place all members have equal alternative from the outset.

PLAY additionally removes the standard overhang of investor tokens in a clear strategy to construct belief amongst potential traders in keeping with the platform’s community-first philosophy.

The Play ecosystem

Play desires to make use of $PLAY tokens to convey extra avid gamers to Web3.

As the first forex of the Play ecosystem, the $PLAY token can have rapid utility inside the platform, permitting customers to have interaction with playable video games from day one.

Previous to this token technology occasion, Play has been constructing its platform and neighborhood, making certain that customers have entry to a completely purposeful ecosystem the place the token enhances their gaming expertise.

Key options embrace:

Playable Video games at Launch: Customers can begin enjoying and using their tokens instantly, participating with quite a lot of video games obtainable now, together with Pixel Survival.

AgentFi Know-how: Introducing monetary brokers inside video games, Play permits customers to deploy video games that create new incomes alternatives and improve engagement.

Telegram Integration: By distributing video games by way of Telegram, Play faucets into an unlimited consumer base, enhancing accessibility and comfort for avid gamers worldwide.

Construct Play Growth Platform: Empowering builders to create and combine their very own video games into the Play ecosystem.

In keeping with its dedication to transparency and neighborhood belief, Play’s token provide and distribution particulars are publicly obtainable.

“Our fair launch approach is actually a return to the original spirit of token launches — we’re putting our community first and allowing them to grow with us and share in our success,” mentioned Macedo.

Play wants to make Web3 gaming transparent and engaging.Play desires to make Web3 gaming clear and interesting.

Play’s honest launch idea is backed by outstanding figures within the crypto area corresponding to VirtualBacon. Their help emphasizes how Play’s values — equity, transparency, and neighborhood empowerment — align with these of the broader crypto neighborhood, fostering a extra inclusive and supportive ecosystem inside onchain gaming.

“$PLAY is a cultural movement. Agents don’t have bank accounts. Gamers want to own their in-game items. Both need games to move onchain. The Play movement doesn’t stop until (3b,3t) – 3B gamers onchain, 3T agents in-game,” mentioned John Nash, COO of Play, in an announcement.

Group members and traders are inspired to take part within the honest launch and develop into a part of Play’s rising ecosystem.

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