Token Utilities
PlayAI is powered by its native token $PLAI, and designed for multiple uses, including serving as the economic token for the PlayAI Coordination Layer, acting as the medium of payment, and facilitating incentivization within the PlayAI Stack.
Token Supply
$PLAI has a capped supply of 1,000,000,000 $PLAI. The supply will never be increase more than 1,000,000,000 $PLAI.
Token Utilities
DualStaking
Dual staking of ETH and $PLAI is required to operate Oasis Nodes within the network. This process helps secure the network and provides participants with rewards, making it an essential component of the PlayAI framework.
Payments
$PLAI is the primary token used for transactions within the PlayAI ecosystem. Whether it's for making purchases, subscribing to services, or paying for usage within the ecosystem, $PLAI ensures smooth and efficient transactions across the ecosystem.
Airdrop
$PLAI is also used to drive adoption and engagement within the community through carefully crafted airdrop campaigns, the token incentivizes specific in-app activities, rewards participation in contests, and create a competitive community atmosphere.
Access
Holding $PLAI provides users with exclusive access to certain features, tools, or services within the PlayAI ecosystem. This includes early access to new tools, premium data sets, and other specialized offerings that enhance the user experience.
Incentives
$PLAI serves as a dynamic incentive mechanism within the PlayAI network. Users who contribute their data are rewarded with $PLAI tokens, which not only compensates them for their input but also encourages continued participation. Additionally, specific campaigns are crafted to drive particular in-app actions, such as engaging with new features or participating in community-driven events.
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