DEAPcoin price

DEP

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DEAPcoin (DEP) is the native utility token of PlayMining, a DePIN (Decentralized Physical Infrastructure Network) platform that uniquely blends entertainment, work, and gamification to tackle societal issues such as labor shortages and rising costs. Users earn DEAPcoin by engaging in gamified microtasks that generate real-world value.

PlayMining is operated by Digital Entertainment Asset Pte. Ltd. (DEA), headquartered in Singapore. Since its launch in 2018 as a Japan- and Singapore-based GameFi project, PlayMining has evolved into a DePIN solution that gamifies real-world issues through Web3 technology. As of Q1 2025, PlayMining has 2.8 million registered users across Japan and Southeast Asia.

PlayMining turns real-world actions into tokenized value through gamification. By gamifying work and daily tasks, users are rewarded for their engagement in productive activities. The upcoming DEAP chain empowers individuals, communities, and companies to record and access such activities on the blockchain, broadening digital economy opportunities and enhancing the value of gamified work. DEP will be used as gas fees to run the network. The key elements of the new chain are the following:

• Fractionalized Work: Breaking down work into micro tasks
• Decentralized Engagement: Community-driven creativity and efficiency
• Proof of Work Experience: Enhancing credibility through immutable job histories

Co-Founder Naohito Yoshida has led three IPOs in Japan and is a well-known figure in the entertainment media industry. Co-CEO Kozo Yamada has extensive experience producing music and variety programs at TV Tokyo Corporation.

Other key members of DEA also bring specialized expertise. Mr. Ryohei Nuka (CFO) is a Goldman Sachs alumnus, and Mr. Daichi Namikawa(CTO), previously at NTT Research, is an expert in blockchain and web technologies.