We are pleased to announce PlayChip (PLA) as our first Australian ERC20 token listing on the exchange platform.

PlayChip is a gaming utility token launched by PlayUp and is based on the Ethereum ERC20 token standard. PlayChip tokens will be used to transact across gaming, sports betting, fantasy sports and eSports. PlayUp has established PlayChip Foundation to manage the systems hosting the coins. The ecosystem consists of eight partner platforms with about 1 million users across 70 countries. PlayChip are current sponsors of the South Sydney Rabbitohs and have cricket legend Brett Lee and MMA star Robert Whittaker as brand ambassadors. More info can be found on their homepage.

PlayChip’s stated mission is to deliver the world’s biggest incentivised, blockchain-enabled sports community and gaming ecosystem. “PlayChip is a rarity in the crypto world given the utility provided to it via its first partner platform, PlayUp,” said Daniel Simic, PlayChip Foundation Board Member.

Timing:

We will be performing system maintenance and upgrades on the 28th of January at 2pm AEDT. We expect this to last approximately 4 hours and during this time you will not be able to access your Independent Reserve account. Once this completes, PlayChip wallets will be available for deposits and withdrawals. Trading activation will follow shortly after on the 30th of January.