Playnance said it will launch G Coin on March 18, introducing a utility token designed to power transactions across its blockchain-based gaming and prediction market ecosystem.
The Tel Aviv-based Web3 infrastructure firm said more than 13 billion G Coin have already been distributed in a presale phase, with over 200,000 holders and an estimated $38 million market capitalisation ahead of the Token Generation Event.
“On March 18, G Coin will enter the market with real adoption already in place,”
Said Playnance CEO Pini Peter.
G Coin will operate on PlayBlock, the company’s blockchain infrastructure designed to enable gasless interactions while maintaining non-custodial ownership and on-chain transparency.
Playnance said its ecosystem currently supports more than 300,000 registered accounts, integrates with over 30 game studios, and hosts more than 10,000 on-chain games.
The network processes around 2 million on-chain transactions daily and enables participation in more than 2.5 million sports events annually through gaming and prediction market platforms.
The token will have a fixed supply capped at 77 billion tokens, with structured lockups including a 12-month cliff for unsold tokens and a 24-month linear vesting schedule thereafter.