- The company’s solutions are designed to enable users to engage in on-chain systems without the need to have a fundamental understanding of blockchain physics.
- The live platforms that Playnance offers are now processing around 1.5 million on-chain transactions every single day, and they are catering to more than 10,000 users that are active on a daily basis.
Playnance has made its first public statement today, describing itself as a Web3 infrastructure and consumer platform firm. Playnance has been running a live ecosystem that is focused on integrating mainstream Web2 users into on-chain settings.
In addition to connecting with over thirty game studios, the platform serves as a Web2-to-Web3 gaming infrastructure layer. It also makes it possible to transform thousands of games into completely on-chain experiences, with all gameplay activities being completed and recorded on-chain.
Playnance was established in the year 2020, and it spent a number of years building and managing its consumer platforms and technologies without revealing its operations to the general public. The company’s solutions are designed to enable users to engage in on-chain systems without the need to have a fundamental understanding of blockchain physics. This is accomplished via the use of well-known Web2 interfaces, such as the normal account creation and login routines, while the underlying blockchain functionality operates in the background without any interruptions.
The live platforms that Playnance offers are now processing around 1.5 million on-chain transactions every single day, and they are catering to more than 10,000 users that are active on a daily basis. The bulk of these users are said to come from Web2 settings and to have onboarded without making use of typical crypto-native methods such as manual key management or external wallets. This indicates that non-crypto-native audiences are maintaining their presence on the blockchain.
At the moment, the ecosystem that is powered by G Coin is in the pre-sale phase and may be accessed via the official website of PlayNance. There are a number of consumer-facing platforms that the firm manages, such as PlayW3, Up versus Down, and others, that act as proof points for this strategy. The fact that these platforms are based on common on-chain infrastructure and wallet systems makes it possible for consumers to switch between different products without having to go through the onboarding process again. The execution and recording of all user action takes place on the blockchain, but the user remains non-custodial.
“Our focus was on building systems that people could use without needing to understand blockchain mechanics,” said Pini Peter, CEO of Playnance. “We prioritized live operation and user behavior over public announcements, and this is the first time we are formally introducing the company after reaching scale.”
Playnance’s infrastructure is intended to provide support for high-volume customer activity and continuous on-chain execution. This reflects a larger trend in the industry toward practical uses of blockchain technology that extend beyond early adopter audiences. Instead of relying on speculative adoption models, the business has said that it intends to continue developing its ecosystem based on observable user behavior and platform performance.
Founded in the year 2020, Playnance is a firm that specializes in Web3 infrastructure and consumer platform. Platforms that are live, non-custodial, and on-chain are developed and operated by the firm. These platforms are meant to allow mainstream consumers to engage with blockchain systems via experiences that are similar to those found on Web2. Playnance is a company that operates products for consumers at scale with the goal of significantly minimizing the friction that exists between user activity and on-chain execution.
Source: https://thenewscrypto.com/playnance-debuts-publicly-unveiling-web2-to-web3-gaming-infrastructure/