Playnance, a Web3 infrastructure company, has officially launched its native token, GCOIN, with trading commencing on the MEXC exchange. The GCOIN/USDT trading pair went live on March 18, 2026, at 13:00 UTC, following a Token Generation Event earlier the same day.
The launch is backed by significant pre-listing momentum. The project's presale sold over 14 billion tokens, and its staking program attracted more than 1 billion GCOIN locked within hours of going live. The ecosystem already reports over 200,000 token holders.
GCOIN serves as the utility token for Playnance's expansive Web3 entertainment network, which includes more than 10,000 on-chain games and processes over 2 million on-chain transactions daily. The token is designed to power transactions, rewards, and user participation across the platform.
The company emphasizes a user-friendly approach, aiming to bridge Web2 and Web3 by offering gasless experiences and a shared wallet system. This allows users to maintain a single wallet balance and token standard across all applications without needing to bridge assets.
In a statement, Playnance CEO Pini Peter called the listing "a defining moment," highlighting the company's goal to bring real scale to Web3 entertainment and onboard a new wave of users.
Deposits for GCOIN are open on MEXC, with withdrawals scheduled to begin on March 19, 2026.
