Playchip is a Multiplayer Online Gaming Portal where you can pay your bills, order a pizza, shop online or book movie tickets just by playing games on your Smartphone.
What is PlayChip ?
The Concept
Buy Playchips from the Playchip Store using your mobile balance.
Bet Playchips to Play a game
Win Playchips by winning the game
Spend Playchips to claim prizes at the Playchip Store
The Plan
A single PlayChip would cost just 1 paise, So you can buy 100 PlayChips for 1 rupee.
The player can also play without betting, but he would not earn Playchips obviously.
PlayChips would be an Ad-Free Platform
The Plan (Cont.)
PlayChip Transfer would be like a money transfer service.
All PlayChip games would support In-App-Purchases
PlayChip Store will let you pay your bills, buy pizza, book tickets and much more.
The Revenue
In-App-Purchases would be the first source of Revenue.
The PlayChip Store would be the second source of Revenue.
Playchips Transfer would be the third source of Revenue
The Scope
Smartphone Gaming industry is one of the fastest growing industry in the world.
Clash of Clans generated $1.7 billion in 2014.
PlayChips is estimated to generate more than that !
