PlayZap is a blockchain gaming ecosystem on the BNB Chain where players can compete in skill-based games to earn rewards. The community-driven project offers multiplayer mini-games where players can demonstrate their skill and strategy to win.

PlayZap games offer a free-to-play, skill-to-learn P2E experience that requires no complicated barriers or the purchase of expensive NFTs to get started. It offers Play Tournaments, PvP (player vs. player), multi-gaming, and skill-based games in its gaming ecosystem.

The PlayZap gaming app offers various competitive casual games that can test players skills, all within a single interface. The GameFi dApp lets players own and earn NFT tokens and PZP tokens as rewards.

PZP, a BEP-20 token on BNB Chain, is the native token of the PlayZap ecosystem. As the in-game utility token of the platform, $PZP serves as a medium of exchange and is also used to distribute rewards to players who win games on PlayZap.

PlayZap offers skill-based multiplayer mini-games that allow players to compete with each other and earn rewards in the form of PZP tokens and NFTs. Its partnership with Scuti lets the platform provide commerce and brand rewards for play-to-earn games, demonstrating a commitment to community building and incentivizing gameplay.

PlayZaps multi-IP casual gaming app lets users enter competitive arenas to play and compete against other players. This mode offers more engaging gameplay and a chance to earn higher rewards for gamers.

All digital assets won as rewards in the PlayZap ecosystem offer true ownership for players. From limited-edition Z-passes, PZP tokens, or other exclusive digital collectibles, the experience is further enriched using NFTs whose ownership can be established, supporting their value.

The PlayZap project is built on a long-term sustainable economic model. This offers a higher level of trustworthiness in its capabilities for future growth.

PlayZap was founded in 2021. Through 2021, the team focused on the projects kickoff, adding games such as Rocket Blitz and Stack Ball. The competitive gaming MVP and tech infrastructure were established in the same year, following which PlayZap underwent a pre-alpha release in 2021.

PlayZap launched in 2022, and the team released its whitepaper and tokenomics the same year. Several new games, including Solitaire, Bubble Shooter, and Pool Blitz, further bolstered the ecosystem.

The team also launched a cross-platform mobile app in 2022. In August 2022, PlayZap raised an undisclosed amount of funds in its seed round and was incubated by BYDFi Labs.

Later in the year, PlayZap undertook a soft launch of its mobile app and added support from more than 25 VCs and Angel investors. Following this, the PlayZap app was launched globally and is ready for blockchain and wallet-based operations.

In Q1 2023, PlayZap completed a non-custodial wallet integration and deployed it on the BNB Chain network. The project also concluded a successful private sale round and finalized its IDO partners in the quarter.

PlayZap is a relatively new entrant in the GameFi sector of the crypto market, but it has already established itself as a popular app even before its on-chain deployment. With several established brands as investors and partners, PlayZap is an investment worth considering.

The price of PlayZap may increase as the project introduces additional features and attracts a larger player base to its ecosystem. Furthermore, announcements regarding expanding partnerships or securing more investments could positively impact the price and market cap of PlayZap in the future.

Increased on-chain activity, project growth, and positive sentiment in the wider crypto market could also contribute to a boost in the price and market cap of PlayZap. As major cryptocurrencies like Bitcoin and Ethereum experience price rises, it creates a bullish market environment and drives buying activity across the board, potentially increasing the value of PlayZap's crypto (PZP) and other altcoins in the market.

Providing a precise PZP crypto price prediction in any time frame is challenging, but several factors could impact the price of the PlayZap token:

Increased On-chain Activity

A growing interest in participating in the PlayZap game or exchanging its NFTs may contribute to the game generating increased revenue, potentially boosting the price of the PZP token. As the PlayZap ecosystem develops and introduces additional engaging features for its community, the value of PlayZap could further soar.

Future Developments

The price of the PZP token may also increase as PlayZap introduces new GameFi projects and enhances the potential for engagement in its ecosystem. This action could motivate more players to purchase and utilize the PZP cryptocurrency.

Market Sentiment

The mood in the crypto market is a crucial factor affecting the price trends of PZP and numerous other altcoins. A bullish sentiment or a risk-on atmosphere in the global financial markets promotes buying activity in PZP and other cryptocurrencies, bolstering the value of the PlayZap project. Conversely, a bearish market sentiment or a risk-off disposition among worldwide investors may negatively affect the value of PlayZap.

The PZP token is the native crypto asset of the PlayZap ecosystem and serves the following functions:

Native Currency

Players can use PZP to participate in tournaments, compete in PvP challenges, buy limited-edition NFTs, and participate in jackpot matches with a chance at higher rewards, among other uses.

Incentive Token

PZP is also distributed as a reward to players who win games and challenges on the PlayZap platform. Players can earn PZP through Daily Spin, Daily Bonus, referrals, completing daily quests, participating in premium contests, group contests, PvP challenges, and more.

Staking

PlayZap will also allow token holders to stake PZP and generate passive income. The Stake-to-Earn feature is set to go live on the gaming platform in April 2023.

According to the PlayZap whitepaper, the total supply of PZP tokens is fixed at 150,000,0000. The token distribution of PZP is as follows:

1. 20% of PZP tokens have been allocated for player rewards and incentives.

2. 6.53% went to the pre-seed and seed round sales.

3. 6.65% of PZP's supply has been set aside for public sale.

4. 17% was distributed among the PlayZap team.

5. 2% was given to the project's advisors.

6. 19.33% has been reserved for providing liquidity and for exchanges.

7. 10% has been allocated for marketing activities.

8. 10% has been assigned to the project's reserves.

PlayZap has an impressive lineup of marquee investors, including BYDFi, BYDFi Labs, Arcanum Capital, Kangaroo Capital, DWF Labs, PrimeBlock Ventures, CoinBlock, PolkaBridge Ventures, and more.

Tech partners of the PlayZap gaming project include BNB Chain, Particle Network, Scuti, Unity, and Ready Player Me.