MiCAR White Paper

Playnance OÜ is engaged in the issuance and distribution of G Coin, a utility token intended for use within blockchain-based digital applications and engagement ecosystems.
The ecosystem is supported by blockchain infrastructure and related technologies enabling interactive Web3 functionalities and digital engagement mechanisms.

The Company's annual financial statements have been duly prepared and the financial statements for the 2024 financial year have been submitted to the Estonian Business Registry. Given the limited level of activity, no interim financial data (quarterly or half-yearly) has been prepared, as none is required under Estonian law.

Based on the report for 2024 and owing to the Company's minimal activity over the period, there is limited financial development to report:

• There are no revenue or cash flow to report throughout the period covered.

• Operational expenses stand at 1818 euros as of the date of submission of the last report.

• No key performance indicators have been used, as the scale of activity did not warrant their application.

• There have been no material year-over-year changes in performance or financial position.

• No extraordinary events or financial restructuring have taken place.

• The Company's asset and liability positions are limited and are reflected in full in the submitted financial statements; no separate breakdown is necessary.

The financial statements for the financial year 2025 are currently being prepared and, once finalized, will reflect the Company's activities during that period.

G Coin is a utility token designed for use within the Playnance ecosystem and applications integrating the Playnance technology. It facilitates user access to gamified digital services across multiple entertainment platforms. G Coin is not a payment instrument and does not represent a claim to any profits, equity, or assets of Playnance OÜ or its affiliates. Instead, its primary role is to unlock enhanced user interaction and participation within the digital platforms where it is supported. The token is intended to foster community engagement and platform activity while providing measurable utility through application-level functionalities and access mechanisms.

General information about the issuer and its activities is available on the issuer’s official website at https://www.playnance.com.

Glossary

Several technical terms, acronyms and abbreviations are used in this whitepaper, primarily in relation to the used blockchain technology, but also terms specific to finance, and crypto-assets. The following list provides brief explanations of each term.

1.      Accepted Cryptocurrencies – Digital assets accepted for the purchase of G Coin through the official Playnance platform or authorized fiat-to-crypto on-ramp providers (e.g., Wert.io, Onramper). These include BTC (Bitcoin), ETH (Ethereum), POL (Polygon), USDT (ERC-20 / TRC-20 / BEP-20), USDC, SOL (Solana), ADA (Cardano), SHIB (Shiba Inu), DOGE (Dogecoin), LTC (Litecoin), BCH (Bitcoin Cash), USDP (Pax Dollar), PEPE, TON (Toncoin), and NEAR (NEAR Protocol).

2.      AML / CFT (Anti-Money Laundering / Countering the Financing of Terrorism) – Legal and regulatory frameworks designed to prevent illicit financial activity and terrorist financing.

3.      Arbitrum Orbit – A Layer 2/3 roll-up framework on Ethereum that provides scalability and security for Playblock.

4.      ART (Asset-Referenced Token) – A crypto-asset that maintains a stable value by referencing another asset or a basket of assets, as defined in Article 3(1)(6) of MiCA.

5.      Blockchain – A distributed ledger technology that records transactions across a decentralized network of computers in an immutable and verifiable manner.

6.      CEX (Centralized Exchange) – A trading platform operated by a licensed intermediary that facilitates the buying and selling of crypto-assets.

7.      CASP (Crypto-Asset Service Provider) – An entity authorized under Title V of MiCA to provide services such as custody, trading, or exchange of crypto-assets.

8.      DEX (Decentralized Exchange) – A peer-to-peer trading protocol that enables users to trade tokens directly from their wallets without intermediaries.

9.      DLT (Distributed Ledger Technology) – The technological infrastructure that enables data to be recorded, shared, and synchronized across decentralized networks.

10.  Ecosystem – The integrated network of applications, platforms, and services forming the Playnance environment, including Playblock and affiliated products.

11.  EEA (European Economic Area) – The area comprising all EU Member States plus Iceland, Liechtenstein, and Norway.

12.  EMT (E-Money Token) – A crypto-asset intended to maintain a stable value by referencing an official currency, as defined in Article 3(1)(7) of MiCA.

13.  ERC-20 – A widely used token standard for fungible tokens on Ethereum and EVM-compatible blockchains.

14.  EVM (Ethereum Virtual Machine) – The computation engine responsible for executing smart contracts on Ethereum and other compatible blockchains.

15.  EVM-Compatible Wallets – non-custodial wallets that can interact with Ethereum and other EVM-based blockchains (e.g., MetaMask, Trust Wallet).

16.  FATF (Financial Action Task Force) – An inter-governmental body that develops international standards for AML/CFT compliance.

17.  Fiat Currency – Government-issued currency not backed by a physical commodity, such as the euro (EUR) or the US dollar (USD).

18.  G Coin – the subject matter of this whitepaper and a native token of the Playnance ecosystem, providing access to digital functionalities, application features and ecosystem-related activities available through supported applications and integrations.

19.  Gas Fee – A transaction fee paid to validators for processing blockchain operations.

20.  Rollup-as-a-Service (RaaS) – A modular infrastructure enabling deployment of custom Layer 3 networks, such as Playblock.

21.  GDPR – The General Data Protection Regulation 2016/679 is a European Union regulation on information privacy in the European Union and the European Economic Area.

22.  Host Member State – Any EU or EEA country other than the issuer’s home Member State where the crypto-asset is offered following MiCA notification.

23.  KYC / KYB (Know Your Customer / Know Your Business) – Procedures for verifying the identity of individual users and corporate clients.

24.  Layer 1 / Layer 2 / Layer 3 – Terms describing blockchain architecture layers: Layer 1 (base network – Ethereum), Layer 2 (scaling roll-ups), and Layer 3 (application layer – Playblock).

25.  LEI (Legal Entity Identifier) – A 20-character alphanumeric code used to uniquely identify legal entities engaged in financial transactions.

26.  Liquidity Pool – A reserve of paired tokens held in a smart contract to facilitate decentralized trading and automated price discovery.

27.  MEV (Maximal Extractable Value) – The profit that can be extracted by reordering or inserting transactions within a block.

28.  MiCA (Markets in Crypto-Assets Regulation (EU) 2023/1114) – the EU Markets in Crypto-Assets Regulation 2023/1114 instituting uniform EU market rules for crypto-assets.

29.  Playblock – A proprietary Layer 3 blockchain developed by Playnance OÜ, built using Arbitrum Orbit and RaaS frameworks.

30.  Playnance OÜ – The Estonian company that issues G Coin.

31.  Playnance – A digital entertainment ecosystem, integrating interactive applications, user engagement mechanisms and blockchain-based functionality.

32.  PoS (Proof-of-Stake) – A consensus mechanism in which validators confirm transactions based on the amount of tokens they hold and stake.

33.  PSP (Payment Service Provider) – A licensed entity facilitating fiat-to-crypto conversions and payment processing, such as Wert.io or Onramper.

34.  Smart Contract – A self-executing program stored on the blockchain that automatically performs actions when predefined conditions are met.

35.  Subscription Period – The time during which G Coin is publicly offered, commencing on publication of the white paper and lasting no longer than twelve months in accordance with Article 4(6) MiCA.

36.  TGE (Token Generation Event) – is the token generation event. The official moment when a new token is created (minted) and made available for use or distribution. It typically marks the beginning of the token’s existence on the blockchain and often precedes public sale, listing on exchanges, or platform integration.

37.  Tokenomics – The structure governing the creation, supply, allocation, and economic model of a token.

38.  Treasury Wallet – A multi-signature wallet controlled by Playnance OÜ for holding reserves, liquidity allocations, and ecosystem funds.

39.  Utility Token – A crypto-asset intended to provide digital access to goods or services supplied by its issuer, as defined in Article 3(1)(5) MiCA.

40.  Wallet – A software or hardware interface that stores private keys and allows users to send, receive, and manage crypto-assets.

Holders of G Coin may use the token to:

·         Participate in digital engagement features available on applications integrating the Playnance technology;

·         Participate in partnership and affiliate programs;

·         Access exclusive content or early access events;

·         Qualify for gamified missions and progression tiers.

Due to compliance or other considerations, certain features might not be or become available in all jurisdictions, where the token is available. Please consult the T&C and relevant updates published by Playnance.

Human Capital: a multidisciplinary team of blockchain engineers, product specialists, and compliance professionals who support the development, operation, and continuous enhancement of the Playnance ecosystem.

Technology: EVM-compatible smart contracts and scalable back-end infrastructure supporting token functionality, application integrations, user interactions and ecosystem operations.

Partners: Gaming platforms, technology platforms, marketing collaborators and third-party service providers, including on-ramp payment processors and other distribution partners.

Legal & Compliance: Legal advisors ensuring adherence to MiCA, GDPR, and applicable consumer protection laws.

The following breakdown illustrates the intended use of funds raised through the G Coin offering. This is a high-level plan and not related to tokenomics or token supply allocation percentages:

·       Platform development and integration (15%)

·       Operations (30%)

·       Marketing and community growth (50%)

·       Legal, regulatory, and administrative costs (5%)

The offering is intended to distribute G Coin to users and adopters of the Playnance ecosystem, support the development of the ecosystem and related technology infrastructure, support marketing and ecosystem growth efforts, and expand G Coin’s utility through additional integrations and supported applications.

As the token is already available in applications within the Playnance ecosystem, the offer price is the price of the G Coin on these platforms, at the moment of purchase.
The price indicated in field E.8 is the price of the token on the market as at the date of notification and will fluctuate depending on the market conditions.

However, access to the public offer of G Coin is restricted for persons located in jurisdictions subject to EU or UN restrictive measures or designated as high-risk third countries pursuant to applicable EU anti-money laundering legislation, as amended from time to time. In addition, certain applications, functionalities, or distribution channels within the ecosystem may be restricted or unavailable in specific jurisdictions due to applicable legal or regulatory requirements.

Refunds, where applicable, will be processed to the original payment method used subject to applicable technical, legal and compliance requirements.

The offer is structured as an ongoing offer and its cancellation is not anticipated. Nevertheless, if the offer is cancelled, any funds collected from holders or prospective holders in connection with the offer shall be returned no later than 25 calendar days following the date of cancellation, in accordance with applicable legal and regulatory requirements.

Prior to the publication of this white paper, G Coin, as a live utility token, was already available for purchase through authorized sales interfaces in the Playnance ecosystem, for the purpose of enabling access to functionalities and participation in supported applications within the ecosystem.

Such distribution was first conducted on March 25, 2025 under the exemption set out in Article 4(3)(c) of Regulation (EU) 2023/1114 (MiCA) and is therefore not covered by this white paper. Exempted offers were made for the duration between initial exempted offer and notification of this whitepaper. GCOIN/USDT trading started on MEXC on March 18, 2026.

The public offer of G Coin described herein is made pursuant to this white paper and in connection with the current and/or future admission of G Coin to trading on one or more crypto-asset trading platforms, in accordance with MiCA.

G Coin already provides access to an operational ecosystem. Accordingly, and at the issuer’s discretion, the offer covered by this white paper is structured as an ongoing offer and is not subject to a predefined end date.

N/A

Funds received during the public offer will be processed by licensed third-party payment processors and/or smart contract infrastructure. Since G Coin tokens are delivered immediately upon purchase with no vesting, funds are not held in escrow beyond settlement.

Accepted payment methods include cryptocurrency (USDT, USDC, ETH, SOL, POL and more) and fiat payments via supported on-ramp providers such as Wert.io and Onramper. Purchasers may complete transactions through connected EVM-compatible wallets or designated custodial wallets. All payment providers will be selected to ensure compliance with applicable EU standards.

Refunds, where applicable, will be processed to the original payment method used.

Non-professional buyers who purchase G Coin directly from the issuer (e.g., via the official platform or authorized providers) are entitled to withdraw from the purchase within 14 calendar days of the transaction, without providing any reason. To exercise the right of withdrawal the buyers need to submit a withdrawal request through the official Playnance website or by contacting the issuer at support@playnance.com.

The right of withdrawal applies only to G Coin that has not been used or spent within the Playnance ecosystem. Purchases within the Playnance ecosystem are subject to the withdrawal rights of the respective service provider, please refer to the relevant terms and conditions as applicable.

Once G Coin has been used in gameplay, missions, or any other in-platform activity, it is considered consumed and no refund can be issued.

This right does not apply to purchases made through third-party exchanges (DEXs or CEXs) or conducted outside the scope of the public offer described in this white paper.

If the present offer is cancelled, it shall be ensured that any funds collected from holders or prospective holders are duly returned to them no later than 25 calendar days after the date of cancellation. The refund will be initiated automatically if the offer is cancelled.

G Coin tokens will be delivered immediately to the purchaser's wallet upon successful transaction confirmation. No vesting schedule applies. Purchasers must ensure they control the wallet used at the time of purchase or provide a compliant alternative such as a custodial wallet.

Accepted payment methods include cryptocurrency (USDT, USDC, ETH, SOL, POL and more) and fiat payments via supported on-ramp providers such as Wert.io and Onramper. Purchasers may complete transactions through connected EVM-compatible wallets or designated custodial wallets. All payment providers will be selected to ensure compliance with applicable EU standards.

No designated CASP at the time of offering. G Coin is currently admitted to trading on the MEXC, WEEX, XT.com, Hotcoin, Biconomy, Pionex, and KoinBX centralized exchanges and may also be available on additional centralized or decentralized crypto-asset trading platforms, subject to applicable legal, regulatory, compliance and listing requirements.
Note that Playnance does not encourage use of MEXC, WEEX, XT.com, Hotcoin, Biconomy, Pionex, and KoinBX by consumers residing in the EU/EEA as at the moment of application MEXC, WEEX, XT.com, Hotcoin, Biconomy, Pionex, and KoinBX are not licensed or authorised  to provide crypto-asset services in any EU or EEA jurisdiction.

Platform and processing fees may apply at the time of purchase. Specific fees for MEXC can be found here: https://www.mexc.com/fee. For WEEX the fees are available at: https://www.weex.com/support/rate. For XT.com the fees are available at: https://www.xt.com/en/rate. For Hotcoin the fees are available at: https://www.hotcoin.com/en_US/rateStandard/index/. For Biconomy the fees are available at: https://www.biconomy.com/en/fee. For Pionex the fees are available at: https://www.pionex.com/en/fees. For KoinBX the fees are available at: https://koinbx.com/fees.

Playnance OÜ is committed to maintaining full transparency and fairness in the G Coin issuance process and the development of the Playnance ecosystem.
Nevertheless, potential conflicts of interest may arise in the course of the project.
The key areas of potential conflict and the measures taken to minimize their impact are outlined below.

Team and Founders Holding Tokens

Members of the Playnance founding team and management hold G Coin allocations, which could lead to a potential conflict between their interests and those of token holders.

To prevent this, vesting mechanisms are implemented, restricting token transfers for a defined 24-month period following the Token Generation Event (TGE).

Vesting ensures that the team’s incentives are aligned with the long-term growth and stability of the ecosystem rather than short-term profit.

Advisors and Strategic Partners

Certain advisors, contractors, or other strategic partners may receive G Coin allocations as part of their collaboration agreements.

To maintain the independence of their recommendations and contributions, all such parties must disclose their holdings and contractual interests.

Lock-up periods are applied during key phases of development or market introduction to prevent potential price manipulation or coordinated sales.

Cooperation with Exchanges

G Coin is currently admitted to trading on MEXC, WEEX, XT.com, Hotcoin, Biconomy, Pionex, and KoinBX centralized exchanges and may also become available on additional centralized or decentralized exchanges, each of which may have their own commercial interests.

Note that Playnance does not encourage use of MEXC, WEEX, XT.com, Hotcoin, Biconomy, Pionex, and KoinBX by consumers residing in the EU/EEA as at the moment of application MEXC, WEEX, XT.com, Hotcoin, Biconomy, Pionex, and KoinBX are not licensed or authorised  to provide crypto-asset services in any EU or EEA jurisdiction.

To minimize risk, Playnance negotiates with multiple counterparties and seeks transparent, fair, and non-exclusive terms of cooperation.

All listing agreements will be reviewed by legal counsel to ensure compliance with applicable EU and international standards.

Technology Providers and Auditors

External technology partners contribute to blockchain development, infrastructure maintenance, and smart contract auditing.

Playnance works exclusively with independent and reputable service providers, ensuring that all audits and security reviews are conducted objectively and without conflict of interest.

The source code and audit results will be made publicly accessible to ensure transparency.

Institutional or Private Investors

Should venture capital or institutional investors participate in the project, their investment objectives could diverge from the long-term interests of users or the community.

To mitigate this risk, investment terms will include lock-up provisions and disclosure obligations, and the project roadmap will be guided by ecosystem-driven priorities rather than external investor pressure.

Measures to Minimize Conflicts of Interest

Transparent communication and public reporting of project milestones and treasury activities.

Vesting and lock-up schedules for founders, team members, and advisors.

Diversified partnerships with exchanges, technology providers, and service vendors to avoid dependency on any single entity.

Independent third-party audits of smart contracts, treasury wallets, and platform infrastructure.

Gradual introduction of community-driven governance mechanisms for greater accountability and decentralization over time.

Playnance OÜ continuously works to identify and mitigate potential conflicts of interest, ensuring that the G Coin project evolves in a fair, transparent, and responsible manner consistent with the requirements of Regulation (EU) 2023/1114 (MiCA).

Estonia

The competent jurisdiction for legal disputes is the courts of Tallinn, Estonia.

G Coin is classified as a utility token under Article 3(1)(5) of Regulation (EU) 2023/1114. It is designed to provide access to digital services and functionalities within the Playnance ecosystem. It is not intended to serve as a means of payment, nor does it represent a financial instrument or e-money.

G Coin grants holders access to experiences within the Playnance Web3 ecosystem. It may be used to access application functionalities, unlocking premium in-app features, access limited-time events, participate in partnership and affiliate programs, or benefit from promotional offerings. It is purely a utility token used for participation incentives and access functionalities.

Any rewards, including affiliate rewards granted to participants of Playnance Web3 ecosystem are earned through active participation in the ecosystem i.e. provision of services.

G Coin grants holders access to experiences within the Playnance Web3 ecosystem. It may be used to access application functionalities, unlocking premium in-app features, access limited-time events, participate in partnership and affiliate programs, or benefit from promotional offerings. It is purely a utility token used for participation incentives and access functionalities. The functions are already live.

Name: G Coin

Symbol: GCOIN

Token Type: Utility token

Standard: ERC-20 compatible

Decimals: 9

Contract Address: 0xC3B539972C522d883aaA904aAAdcfE69A2d9F26B

Playnance OÜ, it is both the issuer/offeror and the distributing entity for the G Coin. Playnance OÜ does not offer any services connected to the G Coin. The provision of services supported by the G Coin is primarily the business activity of companies operating within the ecosystem.

Holders of G Coin acquire a digital token that enables participation in the Playnance ecosystem. This includes access to application-based features and functionalities such as interactive experiences,  and participation in ecosystem events.

Due to compliance or other considerations, certain features might not be or become available in all jurisdictions, where the token is available. Please consult the T&C and relevant updates published by Playnance.

Users exercise their rights by using G Coin in supported applications and ecosystem interfaces to unlock application functionalities, participate in promotional activities, or access ecosystem-related benefits. Any future features will be subject to updated platform terms and clearly communicated via official channels.

Due to compliance or other considerations, certain features might not be or become available in all jurisdictions, where the token is available. Please consult the T&C and relevant updates published by Playnance.

Playnance OÜ may update token-related functionalities or terms, provided such changes do not retroactively affect rights associated with tokens already in circulation. Any material updates will be announced with advance notice of no less than 20 days through the official website or token communication channels.

Playnance OÜ reserves the right to initiate additional public or private offerings of G Coin in the future, provided such offerings are compliant with MiCA and other applicable laws. Additional offerings will not affect tokens already in circulation.

Holders of G Coin may use the token to:

• Participate in interactive activities and digital engagement features available on supported applications within the Playnance ecosystem;

• Participate in loyalty reward programs;

• Unlock premium application features or enhanced functionalities;

• Access exclusive content or early access events;

• Qualify for engagement-based missions and progression mechanisms.

Due to compliance or other considerations, certain features might not be or become available in all jurisdictions, where the token is available. Please consult the T&C and relevant updates published by Playnance.

G Coin may be used within supported applications and ecosystem interfaces to access digital functionalities, interactive features, promotional mechanisms, rewards, and other ecosystem-related benefits made available by the relevant application operators.

The availability and scope of such functionalities may vary depending on the supported application or ecosystem integration.

N/A

There are no restrictions on the transfer of G Coin between EVM-compatible wallets.

The total supply of G Coin is fixed at 77 000 000 000 (sixty billion) tokens and is determined by the smart contract deployed at the Token Generation Event (TGE).
No protocol exists for automatic or algorithmic adjustment of supply in response to market demand.

Supply may be affected under the following controlled and transparent circumstances:

Technical corrections: In exceptional cases of smart-contract migration or technical error, Playnance OÜ may redeploy tokens solely to preserve the fixed total supply; any such action would be disclosed publicly and recorded on-chain.

Reserve allocations: Tokens already included in the fixed supply may be released gradually from locked reserves for ecosystem incentives, partnerships, or liquidity support, in accordance with the vesting and transparency policies described in this white paper.

No new tokens can be minted beyond the fixed maximum supply, and Playnance OÜ has no authority to increase or decrease the total supply.

All token issuance, burning, or reserve movements are executed through publicly auditable smart-contract functions visible on blockchain explorers.

Estonia

The competent jurisdiction for legal disputes is the courts of Tallinn, Estonia.

G Coin adheres to the ERC-20 standard, ensuring interoperability with wallets, exchanges, and DeFi protocols that support EVM-based tokens.

The smart contract includes:

·         Standard ERC-20 functions: transfer, transferFrom, approve, balanceOf, allowance.

·         Minting logic for on-demand issuance of presale tokens up to the maximum supply cap.

·         Transfer lock conditions (if applicable) to support promotional events or prevent abuse (e.g. cooldowns, airdrop locks).

·         Event emitters to enable tracking and integration with third-party analytics and on-chain monitors.

Future upgrade hooks via modular design or proxy pattern (if applicable and secure).

Layer 1 – Blockchain

G Coin is deployed on an EVM-compatible blockchain and follows the ERC-20 token standard, ensuring interoperability with the Ethereum ecosystem.

The Ethereum main network acts as the base settlement and security layer, providing consensus, validator infrastructure, and immutability.

Ethereum uses a Proof-of-Stake (PoS) consensus mechanism, enabling energy-efficient validation and on-chain transparency.
All G Coin-related transactions recorded on this layer are permanent and publicly verifiable.

Layer 2 – Scaling Infrastructure

Playnance utilizes Arbitrum, a Layer 2 rollup technology to achieve higher throughput and lower transaction fees while inheriting Ethereum’s security guarantees.

The Layer 2 infrastructure aggregates multiple user transactions into batches that are periodically submitted to Ethereum for final settlement.

This configuration supports near-real-time confirmations for application interactions and ecosystemtransactions, optimizing user experience without compromising reliability.

Layer 3 – Playblock Environment

Within the Playnance ecosystem, G Coin operates through Playblock, a Layer 3 application network built using Rollup-as-a-Service and the Arbitrum Orbit framework.
Layer 3 hosts application-specific smart contracts that handle user interactions, application functionalities,token-enabled mechanisms, and ecosystem operations. Transactions processed on Playblock remain interoperable with Layer 2 and Layer 1 components, ensuring continuity between ecosystem activities and the public blockchain infrastructure.

Technical Standards

G Coin adheres to the ERC-20 smart-contract interface, implementing standard functions such as
transfer, approve, transferFrom, balanceOf, mint, and related events.

All deployed contracts are publicly auditable via blockchain explorers (e.g., Etherscan or Arbiscan) and can be independently verified to ensure transparency and traceability of all token operations.

Interoperability and Wallet Compatibility

G Coin is compatible with standard EVM wallets through multiple connection methods which may include both direct wallet connections and third-party authentication or wallet-management solutions:

·         Direct wallet options include MetaMask and Coinbase Wallet;

·         Third-party wallet and authentication solutions (such as Web3Auth or comparable providers) may be used to facilitate the creation and management of user wallets, including for users signing in via email, social login, or other supported authentication methods;

·         Such solutions may also enable connectivity with a broad range of external EVM-compatible wallets.

This architecture is designed to provide flexible and secure access to the Playnance ecosystem for both experienced crypto users and users new to blockchain-based applications.

Playblock does not operate its own native consensus mechanism. It is built as a Layer 3 blockchain using Rollup-as-a-Service (RaaS) on top of the Arbitrum Orbit framework.

The Playblock network benefits from Arbitrum’s Optimistic Rollup architecture, which posts transaction data to Ethereum Layer 1. Security and finality are ultimately ensured by Ethereum’s Proof-of-Stake (PoS) consensus mechanism, in which validators confirm blocks and secure the network.

This setup enables Playblock to offer scalable, low-cost transactions while preserving the decentralization and settlement guarantees of Ethereum, achieved through the Arbitrum stack.

The validators are not rewarded for their work, because the blockchain is structured as gasless.

The smart contracts have been audited by Certik.
Please see the link to the audit: https://skynet.certik.com/projects/Playnance.  

The success of the G Coin project depends on adoption of the Playnance platform, third-party integrations, and continued user activity.

Delays or failure in delivering planned platform features or token utilities could negatively affect perceived token value.

G Coin is listed on an exchange that is not authorised under any EU/EEA member state, so protections of consumers and compliance with mandatory provisions of EU law is not guaranteed.

Key personnel turnover or loss of development resources may impact execution.

G Coin does not represent equity or a right to future earnings; its value may fluctuate significantly due to market forces.

Users should not expect to recover their original investment, and token purchases may result in a partial or total loss.

No dividends, interest, or financial return is associated with holding G Coin.

Although G Coin is structured as a utility token under MiCA, future regulatory developments may affect its classification or limit availability in certain jurisdictions.

Authorities may impose restrictions, require registrations, or reinterpret legal frameworks in ways that affect token usability, exchange listings, or project continuity.

AML/KYC policies of on-ramp providers or exchanges may limit access in certain regions.

G Coin is deployed on Playblock, an EVM-compatible chain built on Ethereum. Any vulnerabilities or disruptions affecting Playblock, Ethereum or related Layer 2 infrastructure may impact G Coin`s operation or accessibility. 

Blockchain forks, congestion, or updates may disrupt availability or cause delays in transaction processing or affect interoperability with wallets and applications.

Bugs or exploits in the smart contract may lead to financial loss or misuse.

Users who interact with G Coin via decentralized exchanges (DEXs) may be exposed to front-running or Maximal Extractable Value (MEV), whereby network participants (such as validators, block builders, or automated trading bots) may reorder, insert, or prioritize transactions for their own economic advantage.
Such risks are inherent to decentralized blockchain environments and cannot be fully mitigated by the issuer.

These risks may affect transaction ordering and execution prices but do not impact the underlying validity or functionality of G Coin.

Playnance OÜ continuously monitors network stability, cooperates with external audit partners, and implements contingency procedures to address potential compatibility issues arising from network or software updates.

Smart contract audits are conducted to reduce technical risks.

Strategic partnerships and exchange listings are pursued to improve liquidity.

A legal and compliance team monitors regulatory developments to ensure ongoing adherence to MiCA and consumer protection rules.

Playblock does not operate its own native consensus mechanism. It is built as a Layer 3 blockchain using  Rollup-as-a-Service (RaaS) on top of the Arbitrum Orbit framework.

The Playblock network benefits from Arbitrum’s Optimistic Rollup architecture, which posts transaction data to Ethereum Layer 1. Security and finality are ultimately ensured by Ethereum’s Proof-of-Stake (PoS) consensus mechanism, in which validators confirm blocks and secure the network.

This setup enables Playblock to offer scalable, low-cost transactions while preserving the decentralization and settlement guarantees of Ethereum, achieved through the Arbitrum stack.

The validators are not rewarded for their work, because the blockchain is structured as gasless.

Playblock operates as a Layer 3 solution built on the Arbitrum stack, using AnyTrust Data Availability (DA) and ultimately secured by Ethereum’s Proof-of-Stake consensus. This architecture allows Playblock to inherit the energy efficiency of Ethereum PoS while further reducing on-chain computation through Arbitrum’s rollup and AnyTrust’s data compression.
The estimated average energy consumption per transaction on Playblock is approximately 0.03 kWh, in line with Ethereum PoS benchmarks, with further reductions due to transaction batching and off-chain data availability. Since Playblock does not maintain its own Layer 1 infrastructure, its incremental energy footprint is minimal, limited primarily to off-chain validation and service operations.

G Coin issuance and transactions generate no direct Scope 1 emissions. Scope 2 emissions (e.g. server hosting) are mitigated through the use of energy-efficient cloud services. Scope 3 emissions are minimal, as Playnance does not manufacture hardware or operate physical mining rigs. Estimates will be refined as operations scale.

Playnance relies on third-party infrastructure providers to operate the Playblock Layer 3 blockchain. These providers typically use renewable or mixed energy sources, depending on the physical location of the data centers.

As no on-chain mining is performed, and settlement ultimately occurs on Ethereum's Proof-of-Stake (PoS) network, the energy footprint is significantly lower than traditional proof-of-work blockchains.

Energy consumption estimates are derived from publicly available Ethereum PoS benchmarks, as mentioned in section 12.6 below, combined with conservative assumptions for Layer 3 overhead based on the  Rollup-as-a-Service and Arbitrum Orbit frameworks.

Playnance does not produce or distribute hardware for token issuance or user access. Therefore, no significant electronic waste is generated by the project. The Playblock network does not require specialized hardware for validation.

The G Coin ecosystem has no measurable direct impact on water usage or depletion of natural resources. Infrastructure is cloud-based provided by Google and relies on third-party providers’ environmental safeguards.

Energy consumption and emissions data are derived from publicly available sources and verified industry research, including:

Ethereum Foundation (2022) – Ethereum’s Energy Consumption After Merge:
https://blog.ethereum.org/2022/09/15/energy-consumption

Crypto Carbon Ratings Institute (CCRI, 2022) – Energy Efficiency and Carbon Footprint of the Ethereum Network:
https://carbon-ratings.com/publications

University of Cambridge – Cambridge Centre for Alternative Finance (CCAF, 2022) – 3rd Global Cryptoasset Benchmarking Study:
https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications

Arbitrum and Rollup-as-a-Service (RaaS) documentation for Layer 2 and Layer 3 infrastructure parameters:
https://docs.arbitrum.io