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Unlock the GameFi Potential: Your Essential Guide to PlayZap’s Ecosystem and $PZP Token

Last Updated: May 8, 2024

Introduction

The development of Web3 space and emerging technologies are reshaping how we play games, making every session more engaging and potentially profitable. Among these advancements, PlayZap stands out as a destination for casual gamers seeking skill-based competition. Players can engage in games at no initial cost, with their skill and performance directly influencing their ability to earn rewards and tokens.

In this guide, you’ll discover:

  • How to Navigate PlayZap: Easy steps to get started and make the most of the platform
  • Ways to Earn and Manage Tokens: From obtaining $PZP tokens to bridging and swapping them across networks
  • Staking for Passive Income: How to lock and stake your tokens to maximize returns

PlayZap & EOS EVM

Recently, the EOS Network Foundation (ENF) celebrated PlayZap’s integration into the EOS EVM. This development highlights the EOS EVM’s capabilities for performance and scalability, further positioning it as a leading chain in the GameFi space. This move is expected to enhance PlayZap’s accessibility and functionality, enriching the user experience within a robust ecosystem. Enhanced infrastructure will support more complex and rewarding gaming experiences, allowing players to fully exploit the potential of PlayZap’s “Free to Play. Skill to Earn” model. Learn more about this partnership through the following link

What is $PZP Token?

The $PZP token is a BEP-20 utility token that is integral to the PlayZap ecosystem, designed to enable a thriving game economy. $PZP token allows players to compete in various contests and earn crypto rewards, including native tokens and NFTs. This setup enhances the gaming experience and fosters a vibrant market where gamers, developers, and publishers can exchange assets seamlessly.

Additionally, PlayZap has allocated a substantial reward pool of 30 million tokens, about 20% of the total supply, to incentivize player participation and achievements. This strategic distribution underlines the token’s role in encouraging engagement and competitiveness across our platform.

To explore further details regarding $PZP distribution schedule and Tokenomics follow the link

Create an Account

There are several ways to set up your PlayZap account. First, go to the PlayZap’s main page and choose the most suitable method for you. This can be done through Apple/Android devices or PlayZap’s web platform. This tutorial will mainly focus on PlayZap’s web platform, but the process is similar for Smartphone users.  

Next, click the “Wallet” button at the top center of the screen and follow the signup steps. You can also register and login directly using your Google or Apple account.

After creating an account, you will have access to your wallet, where you can view your address, change your PlayZap space Nickname, Deposit/Withdraw funds, etc. 

How to Buy $PZP

PlayZap platform offers several methods for acquiring $PZP tokens, including SEPA instant transfers, purchases from exchanges, and direct buying options. For more information, please visit the following link.

PlayZap Bridge & Swap & Stake

PlayZap also provides the opportunity to bridge $PZP tokens across available networks. Currently, token holders can bridge between the EOS, Solana, and BSC networks. To bridge your tokens, please use the following link. Note that the estimated arrival time for $PZP tokens is between 1 to 10 minutes.

Swapping functions similarly to bridging. Simply connect your Metamask wallet to the PlayZap Swap page, and select the target network and token pair. Currently, this functionality is unavailable for the BSC network; however, an update is under development and is expected to be available to users soon.

Finally, you have the opportunity to lock and stake your $PZP tokens for a specified period and earn passive income. PlayZap’s staking platform currently offers lock terms ranging from 30 to 270 days, with annual percentage yields (APY) between 6.18% and 22.13%.

Conclusion 

In conclusion, this guide has walked you through the essential features and functionalities of the PlayZap platform, from setting up your account to engaging in the various token-related activities like buying, bridging, swapping, and staking $PZP tokens. For any further details or assistance, and more information related to the Antelope chains and ecosystem, visit the GenerEOS blog and don’t forget to join the Telegram group. Happy gaming!

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