Today we continue to talk about a project, which is also a new project launched on April 23. It is the main X to earn project of the BSC ecosystem. There are various X to earn projects on it, and there are many ways to play. It is suitable for some freeloaders to play. The current market value is 7 million US dollars, and the overall FDV is about 110 million. Then let’s see how the project is.
1. Introduction
Playbux seamlessly integrates e-commerce, blockchain technology, and virtual communities into its platform. With a wide range of services such as Earn Money by Shopping, Earn Money by Walking, Earn Money by Watching, and Earn Money by Playing, Playbux is committed to promoting user earnings through its innovative affiliate and marketing programs. Originally established on the BNB chain and supported by Binance Labs, it was selected as one of the final 14 candidate projects for the fourth season of the Binance Incubator Program in 2022.
2. Platform Features
1. Start by making money from shopping
The cashback business model allows users to purchase anything on e-commerce websites and receive cashback in the form of cryptocurrency, making it easy for users to understand how web3 works.
More than 20,000 stores around the world have been linked, allowing users to earn cash back. The stores will be customized based on your location.
2. Platform Integration
Any Web 2.0 or Web 3.0 online platform can be integrated with the Playbux metaverse. At the time of the alpha release, 1inch, the best DeFi aggregator on the BNB chain, has been integrated. Users can use the 1inch exchange service within the Playbux metaverse.
3. Create your own space
Everyone will have a room and be able to personalize it. That’s how the Metaverse works.
4. Create to make money
The SDK program will enable game developers from around the world to create their own games using the Playbux environment and place them on the game hub to earn money. Playbux and the game creators will share the profits from the games they make.
5.NFT
Almost all the gameplay on the Playbux platform is based on its NFT, so its NFT is a very key element of the platform. There are currently 2 series of NFTs, one is the Early Bird Collection and the Ultra Collection. And these NFTs are composed of some unique parts - hats, heads, faces, shirts, backs, pants and shoes - players have the opportunity to build their characters with unparalleled precision and creativity.
There are four main levels of its NFTs, marked by the color of the background: green for common, blue for rare, yellow for ultra rare, and red for extra ultra rare. In addition, a few NFTs have a purple background, indicating their limited availability and exclusivity, reserved exclusively for special occasions or events in the Playbux universe.
How to get Playbux NFT:
① Claw machine
②NFT sales
③Compound NFT
Players can exchange a specific number of NFTs to obtain a new NFT, often upgrading to a higher tier within the same collection, fostering a dynamic ecosystem of value creation.
④Activities
Users have the opportunity to obtain exclusive NFTs through Playbux events, where these digital assets are usually released in limited quantities during specific events.
For example, events like the “Walk and Earn” challenge introduced mini-games that allowed winners to earn exclusive shoe NFTs. Similarly, the “Biggest Spender” event, which was held in conjunction with the “Shop and Earn” debut, rewarded participants with exclusive faucet NFT sets.
⑤Lottery Pool
A chance to win NFTs through lottery draws, with monthly lottery pools featuring special ultra-rare Ultra collectible NFTs. Players can participate by submitting at least one lottery ticket.
⑥Third-party launcher
Playbux has partnered with third-party platforms to launch NFT sales, providing players with exclusive collection and collaboration opportunities.
3. Product Play
1.watch to earn
Playbux.co and iQIYI, a global streaming leader in premium Asian content, have partnered to empower individuals around the world to enjoy premium but free content. Users can access Watch to Earn and enter the iQIYI Building. Within the Building, users can access the Watch to Earn menu from the membership counter, and there is also a theater where users can watch content. Once a user reaches 30 minutes of viewing time, they can claim a daily reward once a day. Rewards include lottery tickets, BRK, box fragments, and NFTs limited to Watch to Earn.
2.Stamp to earn
Playbux's innovative Launch Pool provides NFT holders with the opportunity to earn tokens from recognized projects. The Launch Pool is divided into three stages: lottery, preparation, and launch pool, accumulating points based on the rarity of the NFT.
The lottery pool is conducted every day when there are no projects. The pool is divided into two categories: Standard (80,000 tickets per day) and Super (20,000 tickets per day). Participants must have Playbux NFT in their account or wallet and stamp on the stamp earning page to participate. It is mainly used to obtain points.
If there is a project, the preparation and launch pool will be opened, and 10% of the total token supply will be deducted as a launch fee. The remaining 70% will be reserved for the standard pool, and the final 20% will be reserved for the super pool. Tokens will be distributed based on stamping points.
3.walk to earn
Participants in the Walk to Earn campaign have the opportunity to win a variety of prizes such as USDT, BRK, cashback points, and new NFTs. To participate, simply click the "Walk to Earn" icon, take a few steps every day, and pay a small gas fee to submit your steps. Users can earn rewards based on their steps and have the opportunity to double their rewards by equipping rare NFTs. There are also weekly competitions where participants can redeem points for exclusive items in the store.
4. Lottery Pool
The Lotto Pool is an opportunity for people who attend any Playbux event and receive a raffle ticket to win a variety of prizes. All it takes is one raffle ticket for a chance to win a free $3000 or [SSR] Super Rare NFT!
Ways to get lottery tickets: daily rewards in watch to earn, Playbux startup pool, stamp to earn, walk to earn, Playbux activities.
5.Shop to earn
Playbux provides users with access to an extensive network of over 26,000 affiliated stores, enabling them to conduct regular shopping activities and subsequently receive cashback. Upon merchant approval, users will receive cashback credits that can later be withdrawn in the form of USDT.
Since its inception, Playbux has facilitated a total of $600,000 in spend through this feature, engaging over 50,000 users.
As part of the ongoing campaign, users are being offered an enticing opportunity to use $0.25 in cashback credit or 10 BRK to unlock secrets hidden in exclusive mystery boxes. These boxes offer a variety of rewards, including 14 exclusive NFTs, cash prizes of up to $10,000, Brick Tokens, and box fragments that can be merged to unlock new boxes.
6.Play to earn
The Game Center within Playbux offers users two distinct gaming experiences: claw machines and arcade games. While the claw machines are already live, offering users the opportunity to win exclusive NFTs from six active collections, the arcade games are expected to launch after alpha testing, introducing their own unique gameplay dynamics.
7.Conquer to earn
Compete to conquer territories and represent your country in the competition to become the nation that has occupied the most territory worldwide. Participants from the top ten victorious nations will each receive rewards, while the top three nations worldwide will be awarded the honor of building their own victory landmark on the Playbux Island. Users can select any pixel in the world and conquer it, and each pixel conquered will incur a certain PBUX fee.
Token Economy
The total amount of tokens is 400,000,000, with 25,693,333 currently in circulation, a circulation rate of 6.26%, and the current exchange rate is US$0.29.
Token Allocation:
- Public Sale and Launch Pool: 2.79% of the total supply will be reserved for the April 2024 public sale, which will be released immediately after listing.
- Investor SAFT 1-3: 15.13% of the total supply is allocated to investors from rounds 1 to 3, including major venture capital firms in the Web 3.0 space such as Binance Labs, TRON, CertiK, Gate, etc. These tokens will have a 6-month lock-up period and will be gradually released over 24 months.
-KOL (Key Opinion Leader): 4.08% of the total supply is reserved for key individuals in the marketing strategy. These tokens will be released over a 12-month period.
-Liquidity: 10.00% of the total supply will be used to provide liquidity and facilitate market making activities. This allocation is critical to maintaining a healthy and stable market environment.
- Treasury: 20.00% of the total supply is reserved. This fund will be used in emergencies or to fund future unplanned features.
- Playbux Ecosystem and Rewards: The largest portion of 25.00% of the total supply is reserved for the Playbux Ecosystem, pre-listing airdrops, and rewards system. These PBUX tokens will circulate within the system and facilitate the PBUX destruction mechanism.
-Team: 23.00% of the total supply is allocated to the team. Initially locked for 6 months, these tokens will be released over a 24 month period.
Finally, to sum up, at present, this project also has several X to earn, which are only centered around its NFT. With rare NFT, you can get more benefits and points in many activities. At present, I have seen that the sales of its NFT on some platforms are very average, and there is almost no liquidity, so it is definitely not recommended to buy its NFT, and I have seen that the number of participants in the activities on various pages is not very large. But I see that there are still many fans on Twitter, about 500,000, and about 100,000 in discord. For a newly launched platform, the data is not bad, but I don’t know why there are only a few hundred people participating in each activity page. At present, the overall view of this project is that it is better to play it for free. It is not recommended to buy tokens at the second level because there are still a large number of tokens that have not been unlocked. #bsc
