$PLAI Utility

Migrated utility

  1. VIP staking

By staking $PLAI, you will have access to 7 levels of increasing benefits across Spielworks products, including:

  • Increased earning rates in Wombat

  • Free NFTs (such as Season Packs)

  • Access to exclusive NFT drops

  • Membership to Wombat Prime

  • Boosted material generation in Wombat Dungeon Master

  • Access to exclusive VIP channels in Discord

Over 500M $WOMBAT is currently staked this way.

  1. Wombat Dungeon Master

$PLAI will be the exclusive currency used to purchase particular NFTs in the Wombat Dungeon Master shop, and for NFT drops to acquire Dungeon Master items.

Over 100M $WOMBAT has been consumed this way to date.

  1. AtomicHub

A percentage of the marketplace fees on AtomicHub will be used to buy back & burn $PLAI:

  • WAX: 20% of marketplace fees

  • Polygon: 25% of marketplace fees

A percentage of the marketplace fees will be used to buy back & redistribute $PLAI as trading rewards:

  • Immutable zkEVM: 50% of marketplace fees

  1. Refundable NFTs (Reverties)

Our Reverties NFTs will cost a set amount of $PLAI, and can be exchanged for the same amount of $PLAI tokens in return. All proceeds from Reverties are held in a non-custodial lending pool. 80% of the interest generated will be used to buy back & burn $PLAI.

  1. Treevolve NFTs

Our Treevolve NFTs gain XP the more they are traded, and mine more $PLAI as they level up. The minting of additional Genesis Edition Treevolve NFTs will be discontinued prior to the migration from $WOMBAT to $PLAI - although we may revisit this idea in future.

  1. Ecosystem voting

$PLAI holders and stakers will be able to vote on the prioritization of roadmap items for products in the Spielworks ecosystem, such as feature development, parameters, seasonal boosts, Wombounties and more.

  1. Third-party airdrops

$PLAI holders and stakers will receive daily points based on your held and staked $PLAI (staked $PLAI will have a 1.5x point multiplier). Points can be pledged to receive token rewards from our partners. A significant amount of the tokens we acquire through partnerships will be distributed in this way.

Additional future utility (after $PLAI merge)

  1. Data exchange

$PLAI will be the medium of exchange for all things data on the PlayMind protocol. Data purchase, usage, trading - it will all be powered by $PLAI. Players who opt-in to data collection in PlayMind-enabled games will automatically be eligible to receive $PLAI whenever their data is used by AI systems for training.

  1. Avatars & CR01s

$PLAI will be the exclusive token for upgrading and customizing avatars within Wombat, as well as upgrading and customizing our CR01s - which can be taken into supporting games.

  1. Wombat Vibes

As we expand the social features within Wombat Vibes (the social experience within the Wombat app), users will be able to purchase exclusive cosmetics and accessories - and they will be utilizing $PLAI to do so.

  1. $PLAI tipping

Found a user sharing great recommendations, tips and content on Wombat Vibes? Show your appreciation by tipping them in $PLAI - similar to "Bits" on Twitch.

  1. Send gifts

Want to send a friend, follower or fan a gift? Purchase a range of Gift Packs with $PLAI - containing Wombucks, NFTs and more - and spread the good vibes.

  1. NFT rental

AtomicHub's future NFT rental features will utilize $PLAI as the token for paying any fees associated with renting an NFT.

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