The PlayChip is at the center of an incentivized, blockchain-enabled sports community and gaming ecosystem. We aim to become the biggest gaming token on the planet - and we are well on our way to becoming so. Daily Fantasy Sports (DFS) and online gambling are flourishing industries. The DFS industry enjoys a steady US$4bn annual turnover2 while global online gambling turnovers are forecasted to exceed $59bn in 2023. Global gambling turnovers are estimated to be as high as $3 trillion in unregulated markets. Consumer demand throughout the world, particularly from emerging economies, has resulted in rapid sector growth. Payment technology and nation-based regulatory control have struggled to keep pace. The PlayChip – a blockchain-enabled payment and reward system – changes the game. As of right now, the PlayChip serves as a static currency for three different distribution partners, with a value of US $0.01. Our partners are active businesses, serving a user base of over 500,000 and exceeding an annual turnover of over US $430 million. Players can convert the current model of the PlayChip to rewards vouchers with affiliates including Mastercard and Amazon. Following the migration of the PlayChip to the blockchain, holders of the PlayChip will be able to seamlessly transfer funds between the various sites accepting the token through our revolutionary PlayWallet, through which they will also be able to buy and sell the token directly via our partnered exchange, the PlayXchange. The PlayChip will also be available to trade on other major international exchanges. This will provide a degree of control and security in a manner not seen before in online gaming. Due to the high volume of transactions that can take place on DFS and betting websites, the technology around the PlayChip is required to be blockchain agnostic and scalable, allowing us to realize our ambition of becoming the universal gaming token. An internal network is required to handle the internal transactions of PlayChip’s distributed partners, which can number in thousands per minute. Timing in DFS is crucial due to changes in conditions and late withdrawals of players, so it is important that users of the PlayChip have a network they can rely upon.