Bitcoin.com has made headlines by launching an innovative Web3 game developed by Playnance. This new game offers users the opportunity to predict Bitcoin price movements and earn rewards, providing a seamless way to learn about cryptocurrency trading. So, how did this launch come about and what are its implications for the industry?
A Strategic Move
Since its inception in 2015, Bitcoin.com has been at the forefront of introducing people to the world of Bitcoin and cryptocurrencies. The Bitcoin.com platform offers a wealth of educational resources, up-to-date news, and user-friendly products for buying, spending, trading, investing, and profiting with Bitcoin and cryptocurrency. Bitcoin.com has also long offered gaming options.
To boost user engagement, Bitcoin.com sought various solutions. White-label products emerged as an excellent choice due to their ease of integration and low maintenance requirements. These ready-made solutions can be quickly implemented and generate immediate revenue.
As a result, the selected Web3 P2P trading game is now available on Bitcoin.com’s gaming portal. It allows players to predict real-time Bitcoin price trends, with winners paying a fee each round. Bitcoin.com takes a portion of these fees to create a new revenue stream.
Benefits of White-Label Solutions
Playnance’s white-label solutions are gaining traction in the cryptocurrency industry due to their simplicity and rapid deployment. The Playnance game can be launched and operational within just two hours, allowing Bitcoin.com to quickly attract users and generate profits from the start.
This approach eliminates the need for significant investments in development or ongoing maintenance, as Playnance handles all operational aspects and ensures liquidity through a decentralized social pool. The non-committal nature of this solution aligns with the industry’s focus on decentralization and security. Additionally, it has undergone rigorous security audits by CertiK, earning a top security score of 10%, ensuring smooth and continuous gameplay.
Branded as Bitcoin.com, the game is accessible on both desktop and mobile platforms. This partnership with Playnance reflects an increasing industry trend where businesses use white-label games to drive traffic and boost revenue. Playnance further supports this by providing a calculator for estimating potential earnings.
Background on Playnance
Playnance initially started as a B2B Web3 platform focusing on white-label solutions for monetizing traffic. Over time, it has evolved into a key player in the GameFi landscape with the introduction of PlayBlock, a Layer3 blockchain developed on Arbitrum Orbit.
PlayBlock enhances the Web3 user experience by eliminating gas fees and manual transaction approvals through account abstraction. Leveraging Arbitrum’s Anytrust technology, PlayBlock can handle 40,000 transactions per second and complete blocks in just 250 milliseconds. In its first month, PlayBlock processed between 500,000 and 600,000 transactions daily, surpassing other gaming projects on Arbitrum Orbit.
Furthermore, Playnance has partnered with major industry players such as DappRadar and Coinstore to promote PlayBlock-based games and expand its reach. These collaborations distribute 35% of generated profits, adhering to Web3 principles of shared development and decentralization.
Creating a New Revenue Stream
Bitcoin.com has seamlessly integrated a profitable and engaging GameFi experience by adopting Playnance’s white-label Web3 game. By diversifying its offerings, Bitcoin.com provides an interactive way for users to explore cryptocurrency transactions and earn rewards. Notably, any user in the industry can use this fast and efficient method to create a new revenue stream.
Disclaimer: This article is provided for informational purposes only. It is not offered and should not be construed as legal, tax, investment, financial, or other advice.
