How plats works

Hold the coin and a store-credit balance builds every 5 minutes. Link PlayStation or Xbox and your new trophies raise your share. Spend the balance on console store cards.

1. Holding

• Hold $20 or more of $plats to earn. The more you hold, the bigger your share, by the live dollar value of your $plats.
• Every 5 minutes we read every holder on chain. A new wallet starts earning from the next round.
• Selling or sending any $plats resets your balance to $0. Buying more never does.

• Reach a tier and it's yours while your holding stays within 20% under the line. Silver holds down to $80.
• If the price takes it lower, you get 24 hours. Back above the band and nothing changes. Still under after 24 hours, you move to the tier your holding reaches.
• Prices come from the coin's own pool on chain. If a price read fails, we use the last good one, so nobody moves down because of it.

2. Linking a console

• PlayStation: enter your online ID, then paste the 6-character code we give you into your About me.
• Xbox: enter your gamertag, then paste the code into your bio.
• We read your public profile to see the code. After that you can take it out.
• Only trophies and achievements earned after linking count. Your trophy list must be public.

3. Trophy points

• Points from the last 24 hours count, up to 40.
• Your weight = tier share x (1 + points / 20). So 40 points triples your share, on top of your tier. The most is Gold: 4x x 3 = 12x.
• Trophies from any game count, any day.
• Launch week runs from the first unlock (11:00 UTC on 18 Nov, midnight 19 Nov in New Zealand) to the end of 25 Nov UTC. In that window, trophies from the 19 Nov release count double.

4. Where the money comes from

• 70% of the coin's creator fees go to holders, split by weight every 5 minutes.
• 30% stays with the dev wallet to run and build plats.
• If nobody can earn in a round, that round's share rolls into the next one.
• Cards are paid from the dev wallet and can never add up to more than the holders' share of fees collected.

5. Claiming

• PlayStation, Xbox, Steam or Nintendo store cards in 10, 20, 25 of your region's currency.
• One claim per wallet per UTC day. You sign a message to confirm. No transaction, no fee.
• Each day's cards are limited to what fees have brought in. If they run out, more come in as people trade.
• Your code shows on screen and stays in My cards. Only your wallet can see it.

Questions