Within the PlayChip Ecosystem there are two types of PlayChip tokens, Paid tokens (PLA) and Free tokens (PLAF). Both PLA and PLAF are compatible with our gaming partners.
Paid tokens refer to tokens that have been purchased, either via a partnered exchange or our Uniswap widget.
PLA is the primary token used on our operational partner platforms.
PLAF may be used on our operational partner platforms, such as PlayChip Fantasy, at any time. PLAF are tokens that have been earned or won in challenges on one of the PlayChip's operational partner platforms. This distinction is made to assist our operational partners in abiding local legislation of their users, where some jurisdictions may not yet allow the use of paid tokens for gaming purposes.
PLAF cannot be withdrawn outside of the PlayChip Ecosystem. In order to withdraw the token outside of the PlayChip Ecosystem, you must convert these tokens to PLA via the "Convert Balances" button in the Dashboard section of the PlayWallet.
Please note that this conversion is one-way only. PLA cannot be converted to PLAF, nor will they ever need to be.