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What Is G Coin?

Technical overview of G Coin, the utility token powering on-chain settlement, incentives, and economic execution across the Playnance ecosystem.

G Coin (GCOIN) is the utility token that powers economic execution across the Playnance ecosystem. It is used as the common unit for value movement, settlement, and incentive distribution across PlayBlock (L3) and Playnance-powered applications.

G Coin is designed for high-frequency, real-time usage. It is integrated directly into the execution and accounting layer so that rewards, fees, and payouts are processed deterministically and recorded on-chain.

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Role in the Ecosystem

G Coin functions as the ecosystem’s operational token for:

  • Transaction-level settlement for user actions (fees, rewards, transfers)

  • Incentive distribution (missions, streaks, bonuses, grants)

  • Partner revenue attribution and payout logic (where applicable)

  • Treasury-related flows and system-level economic events

  • Cross-application interoperability through a shared wallet balance

All G Coin movements are executed through on-chain logic on PlayBlock and can be verified via the PlayBlock Explorer.

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Wallet-Based Ownership and Execution

Every user interacts with G Coin through a personal, non-custodial on-chain wallet created at first entry (or connected via an external wallet). Playnance does not custody user funds.

Key properties:

  • Users hold G Coin directly in their wallet

  • Balances and state changes are written on-chain

  • Transfers, rewards, and distributions are executed via smart contracts

  • Users can verify all activity independently through the Explorer

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Important: Wallet identity is tied to the login method used. The same login method reuses the same wallet. Using a different login method for the first time creates a different wallet.

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Interoperability Across Applications

G Coin is designed as a shared utility layer across all Playnance-powered applications:

  • One wallet balance per user (per login method)

  • One token standard across the ecosystem

  • No user-side bridging to move value between supported applications

  • Gasless user experience (execution costs are abstracted at the infrastructure level)

From the user perspective, G Coin behaves as a unified balance across the ecosystem while settlement and state transitions are handled by PlayBlock.

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On-Chain Transparency

All G Coin activity is publicly verifiable on-chain. Users can view and validate every transaction type associated with their wallet, including:

  • Receiving rewards (gameplay, missions, streaks, system distributions)

  • Sending and receiving transfers

  • Deposits and withdrawals

  • Bonus allocations and grants

  • Any other token state changes executed by the system

Verification is performed directly through the PlayBlock Explorer using the wallet address and transaction identifiers.

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Designed for Scale

G Coin operates on PlayBlock, a Layer-3 execution environment optimized for high-throughput, real-time systems. The infrastructure is built to support sustained high transaction volumes and time-sensitive settlement logic across multiple applications in parallel.

This design supports the core requirement of an operational token: reliable execution under load, deterministic settlement, and transparent accounting.

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Summary

G Coin is the ecosystem utility token used for on-chain economic execution across Playnance. It provides:

  • A unified settlement and incentive rail across applications

  • Non-custodial wallet-based ownership

  • Smart contract–driven token movement and accounting

  • Full on-chain transparency via Explorer verification

  • Infrastructure-grade scalability through PlayBlock (L3)

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