Announcing the Plair Platform, the first ICO to launch on VeChainThor platform!

VeChain Foundation
May 18, 2018 · 2 min read

We are pleased to announce the first ICO, Plair, that will be completed on the VeChainThor Blockchain. As with other upcoming projects, VeChain is committed to provide its full support on advising startups to launch ICOs on our blockchain.

Read the Plair teaser here.

Plair endeavors to transform digital life of gamers into a sustainable reality. To achieve this, Plair will create a highly interactive ecosystem in which users are rewarded for their respective participation, performance and contributions.

“VeChain brings to the table a powerful combination of professional advice, resources and community backing that is needed as a premium blockchain partner. We are excited to work together to pioneer a way to better serve gaming enthusiasts.” —— Patrick Tang, CEO of Plair Foundation.

Plair will be a blockchain-backed platform to play, watch, and talk about gaming. With the inclusion of community management and communication tools, in-game wagering, analytic tools such as cross-platform AI matchmaking, a true amatuer eSports market is about to be unleashed.

As the ecosystem grows, Plair will further introduce its decentralized streaming, content management and cloud gaming solutions. To safeguard their respective intellectual property rights, an additional white paper will be released to provided more details when they are launched into development phase.

The ICO is hard capped at 30M USD. The exact ratio of VET to PLA tokens will be announced on May 25th. Plair Foundation has pledged to raise at least 80% of the tokens in VET.

Furthermore, the Foundation intends to hold VET throughout the project’s development and operational stage, and only utilize VET for funding in the event all other financial resources are exhausted.

This announcement serves as an introduction of the partnership between Plair and VeChain’s ICO Incubation Team. VeChain CEO, Sunny Lu, will serve as strategic advisor to assist with the company’s execution of its development plans.

We will start the private sale on May 25th, 2018. For more instructions and news, please follow the following social media accounts:

VeChain Foundation

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The VeChain Foundation is a non - profit entity established in Singapore.

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