Playcent

Playcent

Online gaming platform offering rewards for gameplay

Founded

2020

Headquarters

Hyderabad (India)

Status

Seed

Company Details

Website

Socials

Email

Phone

N/A

Playcent is a blockchain-powered, user-generated content (UGC) platform that enables anyone to create, remix and monetize interactive content such as games, mini-apps, memes, polls and NFTs. Playcent sits at the intersection of gaming, Web3, and digital creativity, empowering developers, creators and users to engage in a decentralized, rewards-driven ecosyste.  For investors, researchers and industry professionals, Playcent offers a scalable, decentralized platform with multiple revenue streams and strong differentiation in the fast-growing interactive entertainment and blockchain sector.

Core Products & Services

  • No-Code Creation Platform: Tools and templates for creating interactive games, mini-apps, memes, and polls—no coding required.

  • NFT Marketplace: Layer-2 marketplace for minting, buying, selling and trading NFTs with minimal fees and no code.

  • Esports SDK: Enables developers to convert games into esports-ready experiences.

  • Remix Engine: Lets users remix existing apps and games, fostering collaborative creativity and viral content.

  • Playcent Token (PCNT): Native cryptocurrency for rewards, in-app purchases, and governance.

  • Creator Monetization: Influencers and developers can issue social tokens, sell digital collectibles and earn from remixes and community engagement.

Unique Value Proposition

  • Democratized Creation: Anyone can build or remix interactive content, lowering barriers for non-coders and creators.

  • Decentralized & Transparent: Blockchain ensures transparent rewards, ownership and governance.

  • Remix Culture: Goes beyond traditional UGC by enabling “remixable” mini-apps and games, not just media clips.

  • Rewards Engine: Users and creators earn PCNT tokens for activity, engagement and content evolution.

  • Community Governance: Token holders can vote on platform updates and participate in shaping the ecosystem.

Business Model & Revenue Streams

  • Transaction Fees: Charges fees on NFT minting, trading and marketplace transactions using the Playcent token (PCNT).

  • Premium Features & Subscriptions: Offers advanced creator tools, premium templates and analytics as paid upgrades.

  • Advertising & Brand Collaborations: Integrates branded experiences, sponsored content and in-app advertising within games and mini-apps.

  • Esports & Gaming Tournaments: Revenue from organizing and hosting esports events, with entry fees and sponsorships.

  • Social Token Issuance: Influencers and creators can issue their own tokens and monetize fan engagement, with Playcent taking a platform fee.

  • Accelerator Services: Playcent Capital connects early-stage NFT/gaming projects with investors, potentially earning success or advisory fees.

Customer Segmentation

  • B2C: Gamers, content creators, NFT collectors and social media users seeking to create, share and monetize interactive content.

  • B2B: Game developers, influencers, brands and agencies leveraging Playcent for branded experiences, NFT drops, or esports events.

Growth Strategy

  • Market Expansion: Targeting global blockchain, gaming and UGC markets through partnerships and community engagement.

  • Product Innovation: Regularly launching new templates, creator kits and platform features (as per public roadmap).

  • Creator Ecosystem: Incentivizing developers and influencers to build and promote content, driving network effects.

  • Partnerships: Collaborating with blockchain networks (e.g., Polygon), NFT projects, and esports brands for reach and credibility.

  • Decentralized Governance: Empowering the community to shape the platform’s evolution through token-based voting.

Key People

Jaykishan Nammi

Snehal Mahadik

Key Metrics

Total Equity Funding

$1 Million

No. of Funding Rounds

1

Latest Funding Round

$1 Million, Seed

as of February 28, 2021

Post Money Valuation

-

as of N/A

Funding Multiple

-

as of N/A

Investors

GBV Capital

and 2 more

Employee Count

3

Similar Companies

Biconomy

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
February 28, 2021Seed$1 Million--- Moonwhale Ventures, Phoenix VC, Blocksync Ventures, Cronus Ventures, 18 Ventures, pSquare Capital

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