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Project Play

Project play is the newest viral charity token in BSC. PROPLAY collaborates directly with
professional athletes and entertainers to send children from low income families to clubs and
sports camps. Helping all children meet their full potential. ProjectPlay is giving the youth of the
world the ability to meet their full potential. In collaboration with professional athletes from the
NBA, NFL, MLB, FIFA, etc.

Whitepaper 1.0
https://projectplaybsc.org/
Table of Contents

1. Introduction 03
2. Overview of Project Play 04
3. Charity and Blockchain 06
4. Why Binance Smart Chain? 07
5. Platform Governance 07
6. Marketing Strategy 08
7. Project Play Token ($PROPLAY) 09
8. Tokenomics 09
9. Roadmap 10
10. Team 11
11. Official Channels 11

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1. Introduction
Clubs and sports camps are training sessions that are held by schools and clubs, and are directed
by coaches and sometimes top players in the industry. These camps are important because they
create an environment that contributes to the growth and development of children and youths
by providing well structured extracurricular and sporting activities. Apart from these, they also
teach kids to become independent and self-confident, while socializing and making new friends,
and even learning new skills.

Today’s kids are very much sedentary in their nature. Watching television or videos is surely
pleasurable but needs to be done in moderation. Snack eating, junk food and the usual couch-
potato-syndrome makes the child sluggish and unprepared for the fast moving world. This also
affects their social skills but encouraging them to go to camps allows them to conduct themselves
in groups where they engage in sports and physical activities and this has multiple health and
mental benefits including instilling team spirit in them.

According to the World Health Organization, children ages 5 to 17 should participate in at least 60
minutes of moderately-vigorous physical activities daily. On regular days, these children may not
be able to engage in these activities. Especially as they are already burdened with academic and
curricular activities. However, when they are opportune to attend sport camps, they tend to be
able to engage in these activities which in turn improve their soundness and general well being.

We understand that a coachable kid is an employable kid. As such we have earmarked some of
the following sporting activities they can engage in during the camp: football, soccer, skating,
gymnastics, swimming, lawn tennis, etc. Physical exercises include tug of war, jogging and
aerobics. Reasoning and intelligence improvement activities are also done.

As beneficial as these clubs and sports camps are, only a few kids whose parents are able to
afford the expenses that come with them such as registration fee, costume and feeding cost are
able to participate in them. Leaving out the kids of those that are financially challenged.

Imagining how beautiful it will be if all children are able to attend these camps so that they can gain
beneficial knowledge and adapt healthy lifestyle habits that will last them a lifetime, we created
Project Play. A blockchain-based viral charity project that collaborates directly with professional
athletes and entertainers to send children from low income families to clubs and sports camps.
Helping all children meet their full potential.

This whitepaper introduces Project Play, its tokenomics and the potential of the charity based
blockchain project.

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2. Overview of Project Play
Project Play is the first Binance Smart Chain-based viral charity project that is set to redefine the
conventional model of operation of existing charity projects. We aim to focus on giving children and
youths of the world the ability to meet their full potential and this we will achieve by collaborating
with top professional athletes from NBA, NFL, MLB, FIFA., etc. Our team has enormous goals, as
a result we have decided not to limit our charity to one cause. However, we will take our charity
efforts one step at a time and roll out our activities in phases. Each with a unique youth-focused
charitable cause.

Given the dynamism of the project, and the fact that there are endless worthy charitable causes,
the project will be a token-based one. It is with this token - $PROPLAY token that we will be able
to consistently draw in new investors, both philanthropic and speculative alike. The utility of
the token is defined. Apart from being the token with which donations will be raised to fund the
charitable activities of this project, it will also be the native token of the platform with which users
will be incentivized and rewards will be shared.

Unlike many charity tokens that use donations simply to pump marketing, we are using a Gnosis
Multi-Signature Wallet to handle donations so that our activities can be conducted in a transparent
way. Worthy to mention is that we aim to keep the charities in question as impartial to politics as
possible

Project Play holds the security of its platform and the fund of users with utmost importance. As
such, an audit of its smart contract token has been carried out several times over by some of
the best auditing companies in the industry to identify security loopholes and vulnerable points
before the launch of the project.

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2.1 Why Project Play?
• Help kids in need to attain sport and activities programs or camp like their advantaged
peers and help them see their mentor while also improving their physical, mental and
general well being
• Transparency of funds and donation via handling them using Gnosis Multi-Signature Wallet
• Secured platform that has been audited by Solidity Finance, Tech Rate and Solid
• A community governed project
• A trusted team with a proven track record of success that has been KYC’d; among others.

2.2 Vision
Our vision is simple but unique, we aim to be the first non-profit blockchain-based charity
organization that is focused on kids and youths. With us, an ecosystem where the well being and
potential of children is attained fast, easy, and effectively will be created. Our method is proven,
we will partner with the idols of these kids who are professional athletes in their different niches
to bring out the best in these kids.

In addition, we are projecting a platform that will be the precursor of all charitable activities that
are related to youth and become the pace setter for other projects in terms of use cases and
projects in this regard.

Furthermore, we project increased adoption of our token due to the amazing utility that surrounds
it and that is why we use blockchain to enforce transparency in our donation management system.

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3. Charity and Blockchain
Charitable organizations often encounter barriers to success due to a lack of transparency,
accountability issues, and limits to the ways they can accept donations. However, with the use of
blockchain technology to facilitate donations, an alternative is offered. Charitable organizations
can now accept donations and raise funds more efficiently by leveraging the decentralized and
transparent nature of blockchain technology.

The advent of blockchain systems brought up many benefits in a variety of industries. Blockchain
is a fundamental component of nearly all cryptocurrency economic networks and the technology
is now being applied to a variety of other scenarios where it has proven to be quite useful and
charity is one.

Blockchain operates as a distributed ledger technology (DLT), that is protected by cryptography


and maintained by a huge network of computers (nodes). Such a framework allows for peer-
to-peer (P2P) borderless transactions within a trustless environment. Trustless means there is
no need for users to trust each other because all participating nodes are required to follow a
predefined set of rules. Interestingly, this works perfectly for the charity industry.

Here are some of the notable advantages of blockchain technology for charitable and fundraising
projects:

• Total transparency: each cryptocurrency transaction is unique, which means that it is


also easily tracked through the blockchain. The higher level of transparency and public
accountability can ease donors’ minds and encourage them to give while also reinforcing
the charity’s reputation for integrity.
• Global and decentralized: most blockchain networks present high levels of decentralization,
meaning that they do not need to rely on a centralized government or other institutions.
Thus, funds can move directly from donors to charities, and the decentralized nature of
blockchain makes it uniquely suitable for international transactions.
• Digital agreements: blockchain makes it easier to share and store digital data, and may also
be used to ensure that important documents or contracts cannot be modified without the
approval of all involved members.
• Reduced expenses: blockchain technology has the potential to simplify the way charities
are managed, automating parts of the process and reducing the overall costs by requiring
fewer intermediaries.
• Reduced taxes: considering a US-based donor as an example, if a contribution is made
with Bitcoin, the charity will get the full donated value (no capital gain taxes). Moreover,
the donor would be able to claim a higher tax deduction towards governmental agencies.

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4. Why Binance Smart Chain?
In September 2020, the largest cryptocurrency exchange, Binance launched its blockchain. A
worthy competitor that was ready to trump Ethereum and called it Binance Smart Chain (BSC).
With about $1 per swap and transactions taking no longer than 3 seconds, BSC is unbeatably
cheaper and faster. BSC boasts of a three-second block completion time compared to Ethereum’s
13-second average over the past year. This puts transactions per second around 57.8 for BSC and
15 for Ethereum.

A lot of existing projects use Ethereum blockchain. However, because of its scalability issues
which leads to congestion and subsequently very high network fees. It is surely not the right
choice for a charity project. In recent months, the value of Ether rose to $3,600 and transaction
fees went as high as US$200. For a project that relies on donations, it will be insensitive to still
have our donors and platform users pay high network fees on transactions.

The speed of execution of transactions and the low network fee that BSC offers has led to a huge
influx to it and at the moment, BSC has 2 to 3 times more transactions than Ethereum. As such, it
has become an important and attractive launch pad for the smart contract of projects.

Apart from this, BSC operates as a Proof of Stake Blockchain compared to Bitcoin and Ethereum
blockchain that are Proof of Work based. This makes it more environmentally friendly as it
consumes a considerably low amount of electricity. As a charitable project, we are also focused
on sustainable and environmentally friendly reforms. As such, BSC remains a viable option.

5. Platform Governance
Our aim is to make Project Play a fully decentralized community driven protocol. For this purpose,
$PROPLAY has a voting function. Holders of the token will have voting rights and power based on
the amount of tokens they hold and can debate, propose, and vote on all changes to the Project
Play platform. This will allow the network to be upgradable by anybody with a good idea of how
the platform can function better and they are incentivized accordingly.

According to available protocols, the common method by which users delegate their voting
rights or cast votes on proposals is by calling the relevant functions directly. For a proposal to go
through, the majority of the votes cast must be in favour. If there are more than two options, the
one with the most votes win and will need to hold $PROJECTPLAY tokens to vote and lock them
in the platform until the voting period ends.

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6. Marketing Strategy
The contemporary methodology of marketing is through digital media and that is what Project
Play will use to promote the platform and get words about its novel blockchain based and youth
focus charity project out there. Apart from this, we have partnered with top professional athletes
from NBA, NFL, MLB, FIFA etc and they will be the ambassadors of this project who will help drive
its adoption.

We have strategized other well thought out plans; the main pillars of which include:
Employing the service of influencers with massive followers on social media platforms like Twitter,
Facebook and Tiktok. We will also invest in content marketing strategies using platforms like
Medium, Reddit and BitcoinTalk.

We understand how far digital PR can go, so we’ll be using PR agencies with proven track records
of success and leverage their expertise and experience to market the platform to the fullest
extent. Apart from this, we will provide competitions, videos, and information on our Social media
platforms such as Twitter and Telegram.

Here is a brief of the suggested procedures of marketing:

• Professional athletes and ambassadors validation


• Social media/ Influencer marketing
• SEO(News Portals, PR, listing websites and blogs)
• Content Marketing (YouTube, Medium, Telegram, Tiktok, Bitcoin talk, Reddit, Hackernoon
and other platforms that act as executive tools and medium)
• Community engagement activities and rewards - airdrops and bounty programs
• Ask me anything or AMA sessions on top platforms
• Industry events/ exhibition
• Brand partnerships

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7. Project Play Token ($PROPLAY)
As earlier mentioned in this treatise, $PROPLAY is the native token of the Project Play platform and
it is with it that platform activities such as governance, donation, fundraising and incentivization
will be carried out.

It is a BEP-20 (BSC-based) deflational token that uses a Proof of Stake consensus algorithm and
it is regulated by a token burn and buy back strategy. The success of major protocols depends on
how valuable the features they offer are and how much users are attracted to the liquidity of their
protocols. To summarize, $PROPLAY is designed as a key to access the services and products
offered on the platform. Here is a summary of some of the utilities of the token:

• Pay a 10% tax on every transaction


• Pay token transfer fees
• Participate in the liquidity pools
• Distribution of reward to users
• Cast votes and participate in the governance of the platform

8. Tokenomics
Total supply: 1,000,000,000,000,000

Presale allocation: 450,000,000,000,000- of the total allocated for presale, 176,000,000,000,000


was sold and the rest 374,000,000,000,000 was burnt

Initial Liquidity Offering (ILO): 198,000,000,000,000 liquidity was created (hence the public sale)

Allocation for marketing: 175,356,379,681,297.58568814 (also locked)

Allocation for team & advisor: 18,623,574,296,044.503198083

Token Allocation

ILO 23.5%

Team 2.2%

Pre-sale 53.4%

Marketing 23.5%

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9.Limited Roadmap

• Solving the issue of halted

Q2
potential caused by lack of
funding for our youth through
blockchain.

• Donation and awareness


• Athlete/ entertainer outreach
• Connection with several pro
Q2 athletes from NBA, MLB, NFL
and entertainers to send
youths to their programs and
sport camps
• Smart contract audit placement
and creation

Q2
• Solidity audit & techrate audit
• Coingecko and Coinmarketcap
application submission
• Token creation

• Presale and mass marketing


• Tiktok, Twitter, Reddit &
Telegram group Launch

Q2 • Presale on Unicrypt

• PancakeSwap launch

Q2
• Airdrop distribution
• 1st pro athlete (2x NBA
champion current player) tweet;
and many more to come

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10. Team
We understand that having a strong management team and a proven strategy in place is
fundamental to the success of our project. Our portfolio construct is primarily driven by our focus
on improving the well being of kids and ensuring inclusion of the disadvantaged ones . As a result,
only the brilliant minds in the charity industry have come together to achieve this landmark feat.
Our team consists of impressive experts in the charity and donation industry, sport and wellness
enthusiasts, blockchain and cryptocurrency professionals, and thought leaders in tech.

11. Official Channels


https://t.me/projectplaybsc

https://projectplaybsc.org

https://t.me/projectplaych

https://mobile.twitter.com/ProjectPlay11

https://www.instagram.com/projectplayofficial11

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