PlayChip (PLA) is a gaming token of the platform, PlayChip. Through customization of features and tools on the platform, PlayChip aims to meet user requirements in a gaming platform. The platform's primary goal is to develop a gaming ecosystem on blockchain for the sports community. An ecosystem in blockchain comprises elements that interact with each other and others outside. 

According to its whitepaper, PlayChip aims to provide a seamless exchange of cryptocurrencies through gaming ecosystems using a unique exchange. With the platform and the exchange, PlayChip seeks to design an ecosystem to address issues in the gaming platforms, such as concerns in transactions. 

The PlayChip ecosystem has the following features for all kinds of users:

The platform aims to run the PlayChip ecosystem on blockchain technology to ensure fast and trusted payment systems. Initially, PlayChip plans to use the Ethereum blockchain. 

The other features offered by the platform include:

PLA is available as the initial token offering of the platform and is an ERC 20 utility token. PLA comes with an ability to fork into other new standards, as per the whitepaper. The aim is to design PLAs as a token capable of migrating to new blockchains and supporting front and backend blockchain solutions. The platform aims to operate PLA as an NFT to ensure global usage. 

PlayChip (PLA) is a product of PlayChip Foundation Ltd, Australia. The leadership team of PlayChip comprises people with more than forty years of experience in developing interactive gaming products. The whitepaper launch (version 2.0) was in 2018.