G Coin Surpasses 1M Daily On-Chain Transactions as Utility-Driven Adoption Gains Momentum

G Coin has achieved a milestone by surpassing 1 million daily on-chain transactions during its presale phase, marking a significant shift from speculative token models to active utility-driven adoption. The token, developed by Playnance, is already facilitating large-scale interactions across gaming, prediction markets, and rewards systems via smart contracts, with 8.7 billion tokens sold to date and $4 million raised in its presale market cap [1]. Over 10,000 token holders across more than 60 countries are utilizing G Coin for transactions on platforms such as PlayW3, Sharker, and Playbita, with no gas fees and instant execution enabled by its proprietary Layer 3 blockchain, PlayBlock [1].

The token’s operational scale—processing 1 million daily on-chain interactions—reflects its integration into environments where user activity generates consistent utility. This contrasts with tokens in development or concept stages, as G Coin is already functioning in live ecosystems. Key features include automated smart contract operations, daily token burns (removing 25% of platform commissions), and a hard-capped supply with no inflation mechanisms [1]. The 2% price increase triggered after every 54 million tokens sold underscores a transparent pricing model, while the absence of bridge fees between USDT and USDP further lowers user barriers to adoption.

PlayBlock’s infrastructure, designed for high-throughput micro-transactions, supports these operations with gasless transactions and simplified user access via social login options. This scalability has enabled G Coin to facilitate payouts in over 60 countries and power initiatives like the Be The Boss program, which incentivizes user engagement [1]. Roman, CTO at Playnance, emphasized that the token’s daily transaction volume and user base demonstrate its existing scalability, stating, “G Coin isn’t trying to scale. It’s already scaled” [1].

The presale phase, ongoing as of July 2025, reflects growing ecosystem development. With 8.7 billion tokens distributed before exchange listings and active integration with multiple platforms, G Coin’s utility is being tested in real-world scenarios. Sarah Peter, CMO at Playnance, highlighted that the token’s immediate use cases—unlike speculative assets—validate its market readiness through on-chain metrics [1].

The project’s tokenomics are structured to maintain supply consistency, with a daily burn mechanism and no unlock schedules or undisclosed allocations. This approach aligns with broader trends in decentralized finance, where predictable supply dynamics aim to stabilize value and usage. Meanwhile, the focus on gaming and Web3 applications positions G Coin to capitalize on expanding digital economies, though its success will depend on sustaining current transaction volumes and user growth.

G Coin’s achievements highlight the potential of utility tokens to bridge theoretical blockchain concepts with practical applications. By prioritizing immediate use cases and scalable infrastructure, the project exemplifies a shift toward tokens designed for operational utility rather than speculative returns.

Source: [1] [From Utility to Global Adoption — G Coin Surpasses 1M Daily On-Chain Transactions] [https://cryptoslate.com/press-releases/from-utility-to-global-adoption-g-coin-surpasses-1m-daily-on-chain-transactions/]