Funtico Retires TICO, Launches PLAYR Token On Robinhood Chain – EGamers.io – P2E NFT Video games Portal

Get our tales first on GoogleAdd egamers.io as a most popular supply and our reporting reveals up larger in your High Tales.In Transient:Funtico has retired its TICO token in favor of PLAYR and shifted its ecosystem onto Robinhood Chain, in line with a Nov. 8, 2026, announcement the studio posted on X.@funtico_com stated PLAYR debuted on Uniswap v4 with a market cap of roughly $3.2 million. A snapshot of TICO balances on Avalanche was taken when the token’s FDV stood at $160,000.TICO holders exterior the platform should migrate earlier than 00:00 UTC on Feb. 1, 2027. In keeping with Funtico, TICO is not going to be utilized in any of its services or products any further.TICO is out at Funtico. PLAYR, the studio’s alternative token, is now buying and selling on Robinhood Chain, and the Avalanche-based predecessor not has a spot in any Funtico product.A five-post thread from the @funtico_com account on Nov. 8 laid out the change. “Funtico is evolving. TICO turns into PLAYR,” the primary submit learn, describing the change as “a strategic transfer to Robinhood Chain and the evolution of our native token.”🚀 FUNTICO IS EVOLVING. TICO BECOMES PLAYR./1 Massive issues are taking place at Funtico. We're taking our ecosystem into a brand new period with a strategic transfer to Robinhood Chain and the evolution of our native token, TICO -> PLAYR!Why? As a result of we imagine the following era of gaming…In its bio, the account calls Funtico “a recreation studio and writer.”Launch figuresAccording to the thread’s second submit, PLAYR launched on Uniswap v4 and was “sitting at a ~$3.2m MC on the time of scripting this.”The studio stated it has renounced possession of the contract, sharing a Robinhood Chain explorer transaction to again that up. The liquidity tokens “can be burned subsequent week,” it added.Funtico printed the contract handle as 0x775FD5a987bf3ff5e205DEABDe6634ddceE3a3FC.How the migration worksHolders fall into two teams. For gamers who have already got a funtico.com account, the thread stated they “simply should login and declare them.”Anybody holding TICO in a pockets exterior the platform must undergo a migration. On Nov. 4, 2026, at 14:00 CET, Funtico snapshotted all Avalanche pockets balances of TICO on AVAX. The studio put TICO’s FDV at $160,000 when the snapshot was taken.No TICO-to-PLAYR conversion ratio appeared within the thread. Funtico despatched holders emigrate.funtico.com for the method, the place it stated dwell assist is readily available. Migration closes at 00:00 UTC on Feb. 1, 2027.On the destiny of the outdated token, the studio left no room for doubt. “The TICO tokens will NO LONGER be used inside any of Funtico’s ecosystem services,” the third submit stated.What PLAYR is forThe studio named six areas the place the token can be used on Robinhood Chain. Amongst them are publishing infrastructure, bringing new video games and builders on board, and esports markets operated by way of Fortunate Funatic that mix “aggressive gaming, outcomes, and token-powered participation.”Funtico additionally pointed to AI options, EVM compatibility that opens entry to DeFi and buying and selling apps on the chain, and “a number of buyback mechanics.” In keeping with the thread, PLAYR’s function will develop throughout “gaming, rewards, incomes, market transactions, and ecosystem incentives.”At playr.funtico.com, a devoted web page lists makes use of together with in-game purchases, market transactions, micro-payments for AI inference, tournaments and a Writer-as-a-Service product for builders. The web page says “50% of any bought Bundle goes in the direction of $PLAYR buybacks!”Per the identical web page, PLAYR is out there on Uniswap with ETH or USDG on Robinhood Chain, whereas Bundles could be paid for in USDC, USDT, SOL, ETH, BNB, BTC and AVAX. There’s no complete provide determine or tokenomics breakdown on the web page.Funtico stated the web page carries a DEX buy widget plus a “How To” part written for web2 customers, strolling by way of every step from shopping for PLAYR to depositing it on the Funtico platform.The pitchFuntico introduced the transfer as a step towards publishing infrastructure and a broader viewers.“We don’t wish to be simply one other gaming platform,” the thread stated. “We wish to double-down on the infrastructure that helps video games launch, develop, monetize, and attain their full potential, whereas connecting gamers, communities, builders, and holders by way of one unified economic system. All of this whereas increasing our horizon and enterprise fashions in the direction of the Web2 natives and monetization funnels.”“PLAYR is greater than a brand new ticker,” it continued. “It’s the financial layer powering that imaginative and prescient.”The studio says new video games, platform options, buyback applications and partnerships are already in place, nevertheless it gave no dates for any of them. In keeping with the ultimate submit, they “can be showcased in future posts.”BackgroundTICO’s token era occasion came about in January 2025. The token began out as an ERC-20 on Avalanche C-Chain with a set 10 billion provide and was later bridged to Ethereum, Polygon and Base. It started buying and selling on Jan. 27, 2025, on Gate.io, MEXC International, BitMart and Uniswap.Robinhood Chain is an Ethereum layer 2 that runs on Arbitrum’s Orbit stack. Its public testnet opened in February 2026, and mainnet went dwell on July 1, 2026. Anybody can deploy on the chain, so a token’s presence there doesn’t imply Robinhood endorses it.Inside hours, the thread had picked up three replies. Its closing submit signed off with thanks: “We recognize everybody’s endurance and assist all through the final couple of months – Funtico wanted a brand new dwelling to develop into and attain its true potential!”



Source link