September 26, 2017
2 min. read
Play a game and mine your tokens on proof-of-PLAY basis.
Or relax and donate to a charity to get tokens mined by others.
On September 25th, 2017 6pm CEST we have launched the first part of our blockchain project PLAY.
The platform PLAY enables other crypto-projects to build a vast user base and reach out to the public — far beyond the crypto-space. It provides a gamified way to attract and sign-up and convert people into crypto-enthusiasts!
The mining of PLAY-tokens is done in the form of a public art performance. All PLAY-tokens will be created between September 27th and October 27th 2017 through playing the strategy game Go (WeiQi, Baduk) on the public facade of the Museum of Modern Arts (Kunsthaus) in Graz, Austria.
This performance was designed to create awareness for the blockchain technology and raise money for privacy initiatives, hence the name of the project Play4Privacy. To achieve this, we host the strategy game Go and let two teams of arbitrary size play against each other. Using crowd intelligence principles, it symbolises the distributed way to come to a consensus in the Blockchain. Thus, we offer a playful way to develop an understanding of how the blockchain works.
As an alternative to proof-of-work, PLAY introduces the concept of proof-of-PLAY to generate crypto-currency. So, at the end of each game all players can redeem their self-mined PLAY tokens and send it to their wallet.
Play ‘Go’ on a public facade and earn crypto tokens for every move you make!
All participates in the first donation round (September 25th and 27th, 2017), receive a 100% bonus in the final distribution of supplement tokens. Otherwise register for the second donation round from October 29th to 31st.
After the mining phase, the tokens can be traded on an exchange. The main USP of PLAY will be tested during the mining phase and then offered to institutional clients (mainly ICO projects).
PLAY offers a solution to convert people into crypto users by offering a simple and gamified funnelling system. In a market like the one we are in right now, projects collect a lot of funds to start their development — what they lack is users. By allowing them to host real world events with a gamified sign up and user collection mechanism, these clients get the chance to collect valuable token holders and users far beyond the crypto space. PLAY tokens will be used to host these games.
The development team will keep 10% of tokens for themselves and by players donated PLAY tokens will be kept for future development.
Find out more about the project on www.p4p.games