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 Chain's consensus mechanism.

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.

Gas

As the gas token for the PlayAI Chain, $PLAI is used for executing transactions on the network, and across the PlayAI Stack. Every interaction, from smart contract execution to data processing, requires $PLAI to cover transaction costs.

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.