PlayChip is an incentivized blockchain-based online sports betting platform and fantasy sports ecosystem. The PlayChip ecosystem is designed to be secure, scalable, simple to use, and fun, as well as include features to incorporate provable fairness into PlayChip transactions and the partnered gaming platforms. PLA is PlayChip's native token. PLA is an Ethereum based ERC20 token. PLA represents a universal system for payments and rewards on the platform. PLA tokens can be used for placing bets, wagering, and gaming.