When it comes to all the coins that are supposedly going to pose a major threat to the market dominance that the Ethereum (ETH) network has in the decentralized application (dApp) space, the next month or so is going to be packed with platform launches. Some of the most highly-anticipated smart contract platforms, like Oyster Pearls (PRL), TRON (TRX) and Ontology (ONT) are all launching within about a month. You can also add VeChain (VEN) to that list – along with the list of networks where upcoming initial coin offering (ICO) events are already being planned.
Plair (PLR): the first-born VeChain (VEN) ICO
The VeChainThor network isn’t fully launching until the end of June, but we now already know the first token set to launch on this upcoming blockchain system. It’s called Plair (PLR), and it’s a digital token network focused on eSports.
Big things are happening! Meet Plair.https://t.co/i9712Vqdiv
— Plair (@plair_life) May 18, 2018
And, according to the company, they are giving their token client their total support service: “As with other upcoming projects, VeChain is committed to provide its full support on advising startups to launch ICOs on our blockchain.”
So, what will this new cryptocurrency be, exactly?
What is Plair (PLR)?
This upcoming platform will be somewhere that users can watch, play and discuss gaming. It certainly isn’t the first gaming-based blockchain platform to have an ICO, and this one says that it will offer a number of features within the amateur eSports marketplace that it’s developing: in-game wagering, cross-platform AI matchmaking and eventually streaming and cloud gaming solutions.
Note that there is not really much up on their site right now, and they say they are going to release an “additional” whitepaper when they start the development phase. What I’m trying to say is that this is a super young company, which is a given considering that VeChainThor hasn’t even launched yet.
VeChain will be holding their hand along the way, it seems. It will be interesting to see how this Ethereum-killer compares to Tron (TRX) and EOS (EOS) – and how the ICO options on all these networks perform.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.