PlaysOut’s governance and utility token, PLAY, has been listed on Binance Alpha. Spot trading began today on July 31, followed by PLAYUSDT perpetual Futures contracts with up to 50× leverage. The listing opens with a user airdrop, allowing eligible participants to claim 1,600 PLAY tokens each.
PlaysOut provides infrastructure for embedding Web3 mini‑games into widely used platforms such as Telegram, Discord, and YouTube. The project’s software development kit allows developers to integrate blockchain features, including token rewards and NFTs, into familiar user environments.
Launched in 2024, PlaysOut raised $7 million in a seed round earlier this year, reaching a $70 million valuation. The funding supports its strategy to connect Web2 users with Web3 gaming through accessible mini‑game experiences.
Alpha Points System Sets the Rules for Airdrop Eligibility
The airdrop is available to users holding at least 200 Binance Alpha Points. Eligible users can claim 1,600 PLAY tokens by spending 15 Alpha Points. Claims must be completed within 24 hours on the Alpha Events page. Unclaimed rewards expire if not confirmed.
If all tokens are not claimed, the Alpha Points requirement decreases by 15 points every hour until the event ends. This system is designed to maximize participation by gradually lowering the entry threshold.
To access the airdrop, users must search for “Alpha” on the Binance homepage and navigate to the Alpha Events section. From there, the airdrop page displays available campaigns. Alpha Points are calculated based on user activity, including account balances and trading volume, over a rolling 15‑day period. These points reset every 15 days, meaning active participation is required to remain eligible for campaigns like the PLAY airdrop.
5 Billion PLAY Tokens Allocated Under Deflationary Model
The total supply of PLAY is set at 5 billion tokens under a deflationary model. Half of the supply is dedicated to ecosystem incentives. This portion is intended to reward developers and players, supporting platform growth.
Sales account for 17%of the supply, providing liquidity and access for early backers. The team receives 15%, aligning incentives with the project’s long‑term success. Marketing and partnerships receive 18%, aimed at expanding PlaysOut’s reach and integrating with more platforms.
PLAY functions as both a governance and utility token. Holders will be able to vote on platform decisions, including updates and new features. In addition, tokens can be used within the PlaysOut ecosystem to access rewards and participate in staking or in‑game activities. The deflationary supply model suggests that measures such as controlled emissions or token burns may be applied to manage circulation over time.