PlayChip (PLA) is back, announces $30M prize pool, ZED RUN

Virtually Human Studio (VHS), creators of ZED RUN, have partnered with Pony Run, an ambitious third-party developer building an interoperable gaming experience that extends the utility of ZED RUN by offering thousands of special racing events per year, each with a pledged token prize pool. VHS’s collaboration with Pony Run forms an integral part of the company’s series of strategic partnerships alongside Atari and Stella Artois.

  • Guaranteed prize pools in cryptocurrency PlayChip (PLA ERC20)
  • Participating stable owners in ZED RUN racing events to receive a share of 2.5B PlayChip (PLA ~US$30M) in prize pools
  • Pony Run to sponsor thousands of special racing events within ZED RUN

Pony Run will sponsor special racing events that will inject an estimated US$30M into ZED RUN’s community over a three-year period by committing a minimum of 2.5B PlayChip (PLA ERC20) tokens in prize pools. Allocation of the PLA tokens will drive unprecedented value directly to stable owners who actively participate within the ZED RUN ecosystem, enabling them to enter and win PlayChips in addition to current Ethereum prize pools.

Launching exclusively with ZED RUN, Pony Run creates new opportunities for stable owners to enter their racehorses in special racing events. By participating in these events, ZED RUN stable owners will earn PLA from the guaranteed prize pool on offer.

Utilising the PLA token to power the Pony Run platform will not only bolster value for the ZED RUN ecosystem, but also for the PlayChip community and its holders, who have been waiting for a special project to launch PLA into the community. Pony Run has plans for a swap pairing, however in the meantime PLA is available right now via Bittrex or HitBTC.

Jane Morgan, Playchip’s spokesperson says: “The PlayChip was built with a vision to be a universal gaming token and it is exciting to know it is being adopted by innovation leaders, Pony Run and ZED RUN. NFT digital horse racing, ownership and breeding is such a great concept that will drive years of new business, product innovation and spin offs. It is little wonder the ZED RUN ecosystem has gained instant attention and is rapidly growing inside and outside the crypto space. PlayChip being selected and built into the next phase of development to facilitate and supercharge community growth is powerful news for PlayChip holders”

Pony Run’s token economics are designed with DeFi first principles, which ultimately enable users to stake, yield a return, and trade on decentralised exchange protocols such as Uniswap. The unification between ZED RUN and Pony Run demonstrates the positive influence that non-fungible tokens (NFT’s) can have on resurrecting traditional tokens.

Pony Run is backed by some very influential gaming executives including sports and data innovator Todd Buckingham, who oversees the world-leading wagering technology company BetMakers.

Todd Buckingham commented: “I have followed the team behind ZED RUN since its inception. It is great to see the traction they have received. The sports and entertainment space is moving at rapid speed. The NFT space is certainly an area I am keeping a close eye on and it is evident the impact that ZED RUN has created is substantial.

Ted Gay, an advisor for Virtually Human Studio, comments: “We are thrilled to partner with Pony Run to bring big prize pools into ZED RUN and to continue to build value to our community and ecosystem. We are also excited to support an independent token economy project like PlayChip leading innovation in the sports and entertainment space.”