• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight
PlayChip: The Foundation on the Road to Innovation

PlayChip: The Foundation on the Road to Innovation

Georgi Georgiev
by Georgi Georgiev
7 years ago
·
Posted in Sponsored Article, Altcoin News, Blockchain, News, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

PlayChip is the official gaming token of the renowned PlayChip ecosystem. With over 500,000 active users across more than 70 countries, the PlayChip token is set to revolutionize the DFS and online gaming industry.


The Road to Success

Starting as an in-house project back in 2014, PlayUp is currently one of the most prominent companies in the multi-billion dollar fantasy sports market under the purview and leadership of its CEO Dan Simic. PlayUp is one of the six operational platforms that make up the PlayChip ecosystem, which is on target for an annual turnover of more than $430 million in 2018.

The latest innovation within this ecosystem, which services 70 countries, is the PlayChip token.

Introducing PlayChip: Reverse ICO Bound to Succeed

Introducing PlayChip: Reverse ICO Bound to Succeed

PlayChip is the PlayUp Foundation’s blockchain-based project, and its main purpose is to introduce an incentivized, blockchain-enabled ecosystem for the sports and gaming community.

The project was introduced in 2017 after PlayUp teamed up with renowned and esteemed experts in order to deliver a universal gaming token through their Initial Coin Offering (ICO). However, PlayChip reveals key differences when compared to conventional projects of the kind. It is now a pioneer for what is referred to as a reverse ICO.

Reverse ICOs possess several key differences to a traditional ICO, and it is these differences that give PlayChip it’s huge advantages.

It is Backed By an Established Business: Unlike regular ICOs, PlayChip is as an extension to a currently existing, established, and dominating company. This provides it with direct market access and paves the way for widespread adoption, while also providing a level of security that startup ICO’s do not possess.

Global Presence: PlayUp has managed to expand to more than 70 countries, seeing substantial traction in India and Australia: two of the largest markets. In April 2018 it was recognized as one of the top 10 most trafficked sports-related websites across India. This means that when the PlayChip is launched, it will already have an established active platform for trading and activity.

Massive Existing User Base: The PlayChip Ecosystem hosts more than 500,000 active users who constitute a highly profitable market on their own. All of these users are potential traders for the PlayChip token, guaranteeing an interested and engaged customer base.

https://youtu.be/4jaR98hrinE

The Best is Yet to Come

All of the above has managed to pave the way for a remarkable and successful ‘reverse’ ICO.  And the results are already showing. PlayChip’s private seed round sold out in just a couple of days – a fact which further attests its tremendous potential.

The project also recently won the esteemed “Draper Hero’s Choice Award” at Blockchain Economic Forum in San Francisco.

The PlayChip pre-ICO is currently in progress and you users take part in, acquiring tokens with 30% discount in the next 8 days.

You can find out more about this exciting project and how to participate on its official website. You can also join the live discussion at the Telegram group.

Do you think PlayChip has what it takes to disrupt the fantasy sports industry? Don’t hesitate to let us know in the comments below!


Images courtesy of PlayChip

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Georgi Georgiev

Georgi Georgiev

Follow

Full Profile

Related Posts

Pepenode turns aiting into winning

New Crypto $PEPENODE Turns Waiting into Winning: Users Earn Through Presale Mining and Staking

2 days ago
Analysts Warn Bitcoin’s Rally May Slow, but SpacePay (SPY) Looks Ready to Ignite Following Presale

Analysts Warn Bitcoin’s Rally May Slow, but SpacePay (SPY) Looks Ready to Ignite Following Presale

2 days ago
Avalon X vs Bitcoin & Ethereum

Avalon X vs Bitcoin & Ethereum: RWA Presale Taking Center Stage in 2025

2 days ago
Avalon X Compared with Pepe, Dogecoin, and Shiba Inu

From Meme to RWA: Avalon X Compared with Pepe, Dogecoin, and Shiba Inu

4 days ago
Why PEPENODE Could Be the Meme Coin Cinderella Story

Why PEPENODE Could Be the Meme Coin Cinderella Story

4 days ago
Sparkvia AI Gains Momentum as Creators Embrace On-Chain Content Tools

Sparkvia AI Gains Momentum as Creators Embrace On-Chain Content Tools

4 days ago
Please login to join discussion

Premium Sponsors

Press Releases

  • miner

    ETF fever sweeps the market, BAY Miner cloud mining allows...

    31 minutes ago
  • miner

    Institutional capital pours into DOT Miners, pushing XRP...

    44 minutes ago
  • miner

    Ripple (XRP) on-chain popularity surges: FindMining opens...

    1 hour ago
  • miner

    Riding the XRP Wave: How Cloud Mining with DEAL Mining...

    1 hour ago
  • miner

    Trump’s WLFI Token Is Making Waves — Here’s How...

    1 hour ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.