PLAYMINING Aims to be the Nintendo of Web3, Focusing on Creators and Communities

Oct. 28, 2022 - PRLog -- PlayMining is an NFT entertainment platform run by Singapore-based Digital Entertainment Asset (DEA). On PlayMining, gamers can enjoy Play & Earn NFT games, buy collectable NFTs on their marketplace and, soon, check out premium Metaverse content. We learn more about PlayMining in this exclusive interview:

1. How do PlayMining games compare to other Web3 NFT games?

At first glance, our games are packed with high quality animated characters. Gameplay-wise, we have a variety of casual games that are catered to both working adults and students.

Working adults are busy so casual games are more suited for them. Some students are not into grinding so casual games pique their interest.

2. Tell us about the PlayMining entertainment platform. What makes it different from other Web3 gaming companies?

PlayMining does not only host our own games, but also helps third-party companies build out their IPs in three different ways:
  • Co-development of NFT games with PlayMining to release games in the PlayMining ecosystem.
  • Third-party IP collaboration on NFT games.
  • Management of 'PlayMining Verse' development (a new Metaverse initiative in development, with only one case study thus far).

We have an NFT marketplace that helps us facilitate the NFT transactions of the above three IP development mediums. We also collaborate on NFTs with two types of IPs:
  • First-party IPs where we collaborate directly with famous creators to create original art.
  • Third-party IPs where we pay for IP right usage to the owners / publishers of the IP.

For example, we collaborated directly with the creator of the Dragon Quest Anime series Fujiwara Kamui to create original first-party IP NFTs. We do a revenue share model for this IP.

3. Please explain about PlayMining's DEAPcoin token. What utility does DEAPcoin have, and how can users get it?

As of now, DEAPcoin utilizes a single-token model within our infrastructure. This helps minimize "pump and dump" since all our games use DEAPcoin.

The current main utility for DEAPcoin is for purchasing the NFTs in our ecosystem and also to earn DEAPcoin through gameplay. In addition, users can purchase their DEAPcoins from listed exchanges on coinmarketcap.

4. PlayMining has the only legally approved P2E token in Japan. How has this affected your business?

The concept of play and earn is still very new. We believe that even though being the only legally approved P2E token gives us an early-mover's advantage, the market would benefit from more GameFi projects to come into the space. Education is key for wider adoption and the more projects and competition we have, the more players have an opportunity to learn about and fully experience the benefits of Web3.

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