Following PlayBlock’s listing on the decentralized applications (dApps) tracking platform DappRadar, the project has rapidly become the 8th largest by blockchain transactions and daily turnover globally.
PlayBlock, launched only a few weeks ago, first launched on the Polygon blockchain before transitioning to an independent Layer-3 blockchain. While on Polygon, it accounted for a significant 15% of the network’s daily transactions, so it is no wonder it is now reaching new heights in transactions as an independent blockchain.
Apart from its recognition as a global leader through the listing on DappRadar, PlayBlock has also earned a special place with its flagship dApp, UpVsDown.com, aimed at revolutionizing user engagement in Web3.
As Playnance’s premier prediction market platform, UpVsDown supports real-time predictions on various assets, including cryptocurrencies, commodities, and forex, thus contributing significantly to PlayBlock’s growth.
UpVsDown users carry out transactions at zero fees, receive instant rewards to their wallets, and are accessible to users worldwide. Commenting on the recent progress, Pini, CEO of Playnance said:
“The success of PlayBlock and UpVsDown.com demonstrates the power of user-focused innovation, Becoming the #8 blockchain globally is just the beginning as we continue to redefine how people trade, predict, and interact in Web3.”
With its design offering gas-free transactions, PlayBlock eliminates entry barriers for gamers, traders, and developers. The network also has high scalability with support for 40,000 transactions per second, making it an attractive option for Dapp developers.
Going forward, Playnance intends to expand its reach within the blockchain space by collaborating with innovative partners and bridging the gap between web2 and web3 with cutting-edge Dapps.
As a Web3 ecosystem designed to empower users with blockchain solutions for trading, gaming, and decentralized finance, Playnance is set to make a mark in the blockchain space. With the backing of the Layer-3 blockchain, PlayBlock is determined to drive Web3 adoption worldwide in the near future.
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