The DAO PlayMarket 2.0 project team announced the addition of the PlayMarket Token (PMT) to the YoBit exchange. The planned release date is April 30, 2018.
DAO PlayMarket 2.0 is a decentralized Android application store that accepts payments in cryptocurrency and combined with an ICO platform for developers.
Advantages of the site are as follows:
- Allows android applications to issue their own tokens and implement them on the built-in ICO platform;
- The platform is resistant to censorship – main information is stored in blockchain, which allows you to provide access to applications from anywhere in the world;
- The PlayMarket 2.0 platform integrates a decentralized crypto exchange, which will include an open API;
- Paid applications and in-app purchases will be payable via cryptocurrency.
Also, the DAO PlayMarket 2.0 platform allows developers to release their own application tokens. Subsequently, these tokens can be exchanged for another cryptocurrency both on the platform itself and on the foreign exchange.
The PMT gives the right to become a co-owner of the PlayMarket Foundation, which will manage the fund’s resources in conjunction with other members of the DAO PlayMarket 2.0. The PlayMarket Foundation will continuously replenish 5% of the tokens from each application placed on the DAO PlayMarket 2.0 platform.
According to representatives of the DAO PlayMarket 2.0 project, the initial value of the PMT will be established by the owners of the tokens (investors). Further value will be determined by the market.