Overview
Let's take a closer look at the structure of PlayPHIL.
PlayPHIL Gaming Platform is the main part of the project. It will feature casual and mid-core games of various genres integrated using our SDK. The main difference from other web3 platforms is that up to 50% of all purchases will be transferred to our DAO, which will allow players to be sure that they are spending money not only on entertainment, but also on helping green and charitable projects.
In addition to being transferred to the DAO, part of the money received from purchases will be transferred to a special Reward Pool, from which active players will receive weekly rewards. This mechanic makes the platform work like a web3 game and allows players to earn money by playing and having fun doing this.
Another important part of PlayPHIL is the Impact DAO, which aims to fund charitable projects around the world. The first members of the DAO will be the owners of our NFTs. They will have the opportunity to vote when choosing projects. As PlayPHIL grows, the list of DAO participants will expand due to active players making payments on the platform, and its powers will increase: members will get the opportunity not only to vote for projects, but also to propose their own.
PlayPHIL will have its own token, which will be used to run the project's economy. All internal payments in the project will be made only with its help. So its value will be provided by the real needs of players in making in-game purchases on our platform. The emission of the token will be limited and will be distributed to active players through the Reward Pool.
We are also creating our NFT collection to form the core of the project community. All NFT holders will receive increased rewards from the Reward Pool, an additional vote in the DAO, and early access to the platform and new games on it.
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