Since Playbux was selected as 1 of the last 14 candidates from the Binance Incubator Program Season 4 in 2022, it has embarked on a remarkable journey marked by significant milestones. With over 17 million transactions processed and the active participation of 400,000 wallets during the Pre-Alpha event, the project has garnered widespread attention and support. We are delighted to announce the much-anticipated public sale and listing scheduled for April 2024.

As we approach these pivotal dates, we are deeply grateful for your unwavering support and active involvement over the past two remarkable years. Your contributions have been instrumental in shaping the trajectory of Playbux, and we extend our heartfelt appreciation for your continued partnership.

In preparation for the upcoming public sale and listing events, we invite you to delve into the completed whitepaper of the PBUX token. This comprehensive document provides insights into the token's mechanism, utility, and essential information that every participant should be acquainted with before engaging in these exciting opportunities. Your understanding of PBUX's fundamentals will not only enhance your participation but also contribute to the vibrant community we are building together. Thank you once again for your support, and we look forward to embarking on this next phase of our journey with you by our side.

Utilities

PBUX serves as the governing token of Playbux, offering versatile utility within the Playbux ecosystem, including its website and games. With the upcoming launch of the alpha version following listing, PBUX's significance will be further highlighted. Its utility spans across various applications and events, which can be categorized into four key aspects.

Earning

Following its launch, PBUX will serve as the central token within the ecosystem. Users will earn PBUX as rewards for utilizing services such as Shop to Earn or Watch to Earn. Subsequently, they can leverage PBUX across various services, including playing games, purchasing in-game assets and NFTs, or compounding them. This circulation of PBUX within the ecosystem aligns with the concept of ”With real income, no inflation,” ensuring a sustainable economic model.

Many earlier platforms' ”Play to Earn” business models simply minted tokens out of thin air, distributed them to users, and attempted to burn them through gameplay. This model is inherently fragile and susceptible to failure without new spending users, ultimately succumbing to inflation. For Playbux, our approach is unique. Before distributing our native cryptocurrency, we prioritize generating revenue.

For instance, in Shop to Earn, users obtain PBUX from cashback received from merchants, which we then distribute among users. Technically, we utilize this revenue to purchase tokens and distribute them to users, ensuring that token prices simply return to the original if sold instantly.

We also generate revenue through various channels such as advertising, affiliate marketing, package sales, zero-sum games, among others. Some services we provide do not directly generate revenue, and in such cases, we reward users with BRK. BRK serves as in-game currency that cannot be exchanged, thereby mitigating inflation concerns.

Spending

PBUX can be used to make purchases within the Playbux ecosystem, including game contents, lotto tickets, or NFTs. During the period from the alpha to the open beta phases, the hierarchy of Playbux currency will comprise:

Pebble: The easiest currency to obtain, earned through playing games or participating in in-game events.

Brick or BRK: This is the premium currency, acquired through purchasing packages, granting access to exclusive game content. BRK is a one-way purchase and cannot be converted back into real money.

PBUX: : The highest-tier currency, offering users the opportunity to purchase assets with the highest bonuses.

Certain packages or contents may only be purchasable using USD or credit card. However, users can also buy them using PBUX at a discounted rate. In summary, PBUX emerges as the most valuable currency within the ecosystem, providing users with enhanced purchasing power and benefits.

Gaming

PBUX will serve as the currency for participation in exclusive game contents based on the zero-sum concept. Participants will be required to use PBUX as payment before playing, with all spending PBUX being aggregated into a sizable reward pool. Upon conclusion of the game, after deducting a fee, all accumulated PBUX will be distributed among players according to their rank. This mechanic will also extend to PBUX lotto pools, where users use PBUX as lotto tickets, with the fortunate winners receiving a portion of the pool.

The inaugural PBUX game, ”Conquer to Earn,” is slated to launch alongside the alpha phase. This strategic war game pits countries against each other, with the top-performing country earning a larger share of PBUX from the pool. Stay tuned for further updates on ”Conquer to Earn” and other exciting developments within the PBUX ecosystem.

Fees

After the alpha launch, users will have the option to play the game through both the client and website interfaces. When conducting transactions on the website, users will need to pay the usual gas fees through their wallet extensions. However, for transactions within the client, such as claiming NFTs or assets, PBUX must be deposited into the account to serve as gas fees for Web 2.0 transactions. This streamlined process ensures smooth and efficient transactions within the Playbux ecosystem.

Tokenomics

The total supply of PBUX tokens is 400,000,000.

Public Sale and Launchpool: 2.79% of the total supply will be reserved for the public sale in April 2024, which will be immediately released at listing.

Investor SAFT 1-3: 15.13% of the total supply allocated for investors from rounds 1 to 3, including major ventures in Web 3.0 such as Binance Labs, Tron, CertiK, Gate, etc. These tokens will have a 6-month cliff-lock period and will be gradually released over 24 months.

KOL's (Key Opinion Leaders): 4.08% of the total supply reserved for key individuals in the marketing strategy. These tokens will be released over a period of 12 months.

Liquidity : 10.00% of the total supply will be allocated towards providing liquidity and facilitating market-making activities. This allocation is crucial for maintaining a healthy and stable market environment

Treasury : 20.00% of the total supply is reserved. This funding will be utilized in the event of an emergency or to fund unplanned future features.

Playbux Ecosystem and Rewards: The largest portion, accounting for 25.00% of the total supply, reserved for the Playbux ecosystem, pre-listing airdrops, and reward systems. These PBUX tokens will circulate throughout the system and also facilitate the PBUX burning mechanism.

Team's Incentive: 23.00% of the total supply allocated as an incentive for the team. Initially locked for 6 months, these tokens will be released over a period of 24 months.

Summary

Public Sale and Launchpool: 2.79% of the total supply will be reserved for the public sale in April 2024, which will be immediately released at listing.

Investor SAFT 1-3: 15.13% of the total supply allocated for investors from rounds 1 to 3, including major ventures in Web 3.0 such as Binance Labs, Tron, CertiK, Gate, etc. These tokens will have a 6-month cliff-lock period and will be gradually released over 24 months.

KOL's (Key Opinion Leaders): 4.08% of the total supply reserved for key individuals in the marketing strategy. These tokens will be released over a period of 12 months.

Liquidity : 10.00% of the total supply will be allocated towards providing liquidity and facilitating market-making activities. This allocation is crucial for maintaining a healthy and stable market environment

Treasury : 20.00% of the total supply is reserved. This funding will be utilized in the event of an emergency or to fund unplanned future features.

Playbux Ecosystem and Rewards: The largest portion, accounting for 25.00% of the total supply, reserved for the Playbux ecosystem, pre-listing airdrops, and reward systems. These PBUX tokens will circulate throughout the system and also facilitate the PBUX burning mechanism.

Team's Incentive: 23.00% of the total supply allocated as an incentive for the team. Initially locked for 6 months, these tokens will be released over a period of 24 months.

Indeed, this whitepaper represents just the initial stage of PBUX, marking the beginning of its journey within the Playbux ecosystem. Much like the expansion of utilities within Playbux, the potential applications and use cases for PBUX are boundless. Just as we began with the Shop to Earn service before introducing a plenty of additional features and games, we envision a future filled with growth and creativity within the Playbux universe.

As we continue to innovate and develop new features and services, PBUX will evolve to encompass a diverse range of functionalities, catering to the needs and desires of our community. Our commitment to growth and innovation remains unwavering, and we are dedicated to shaping a vibrant and dynamic Playbux ecosystem that offers endless possibilities for our users.