What is HEROcoin? What Does PLAY Do? - Coinleaks
Current Date:September 21, 2024

What is HEROcoin? What Does PLAY Do?

HEROcoin is a Blockchain Token that steps towards peer-to-peer online betting communities, DApps based on the ETH network, allowing users to bet on any field. In this article, as Kriptokoin.com, “What is HEROcoin?” We will answer the question. In addition to these, we will touch on all the questions about the project.

What is HEROcoin? What does PLAY do?

PLAY is an ERC-20 Token designed to enable providers to integrate the Token into their platform. At the same time, the platform allows any participant to create their own custom contests. Transactions are provided in a transparent manner as the smart contract automates transactions such as payments to guarantee an insecure ecosystem. It also rewards players, game creators and the community of the PLAY Coin platform. 1% of all pot winnings are sent back to the HERO ecosystem.

What are the features of HEROcoin?

  • PLAY creates security, transparency and trust previously unknown to the other online betting world.
  • Any user on the HERO network can create new contests. At the same time, the competition allows betting on the outcome of an event on the platform. Users who create contests are called “Providers”. It can also add some difference to the network with various competitions.
  • Customization is also allowed on the PLAY network. Users can specifically configure a certain percentage of their prizes in the competition. These awards are called “Provider awards”. At the same time, this award is an incentive for users to identify themselves as providers.
  • According to the project’s Whitepaper, “The provider itself can also offer incentives for its community by rewarding various actions with PLAY.”
  • Providers that create new competitions through the platform can enhance the HERO network with different competitions, with the ability to set a customized reward percentage. This provider award encourages other community members to become providers and take advantage of the compensation they receive for creating contests.

What are the solutions offered by the project?

  • Unfair terms:Chances are based on a large number of private data that are not publicly disclosed by experts.
  • Lack of transparency and trust: Central authorities control payments. This ensures that money flows are not transparent.
  • No social dynamics:Social dynamics are lost as intermediaries on the platform prevent direct peer-to-peer interaction.

What is HEROCoin? How to buy PLAY?

Exchanges traded with PLAY; BKEX and KuCoin. To purchase coins, these steps are followed: First, access the web/mobile application of the exchange listing the PLAY you have chosen as the first step. Then complete the account opening steps. Complete the next step, the authentication and approval process. Follow the steps of the exchange, which is the next step, to deposit funds. As the last step, choose PLAY with the balance you want and create a purchase order. Store it in your trusted accounts.