PLATA Token Calculator
Token Name: PLATA
Blockchain: MultiversX
Total Supply: 510 million
Current Price: $0.000087 USD
Market Cap: $35,000
Staking Rewards: ~3% APY
Estimated Rewards
Staked Amount:
Time Period:
Estimated Rewards:
Equivalent Value:
Plata Network is a motorsport‑focused blockchain project built on the MultiversX (formerly Elrond) network. It uses an Elrond Standard Digital Token (ESDT) called $PLATA to power a play‑to‑earn (P2E) racing game, NFT marketplace, and staking ecosystem.
Why the motorsport niche matters
Most GameFi projects target broad gaming audiences, but Plata Network zeroes in on race fans. The idea is simple: combine the adrenaline of real‑world racing with tokenized rewards. When the game launches, players will earn PLATA by completing races, upgrading virtual cars, and trading in‑game assets as NFTs or SFTs. This niche focus gives the token a clear community hook that broader gaming tokens often lack.
Token basics and economics
- Token name: PLATA
- Standard: ESDT on MultiversX
- Total supply: 510millionPLATA (all circulating)
- Contract address:
PLATA-9ba6c3 - Current price (Oct2025): roughly $0.000087USD
- Market cap: $30‑$47k (micro‑cap)
- Main exchanges: Maiar Exchange (native DEX) and Bybit
The tokenomics are deliberately simple. A large portion of the supply is reserved for gameplay rewards and community incentives, while a smaller slice fuels staking pools. Stakers receive a share of transaction fees collected on the platform and occasional bonus drops of exclusive NFTs.
How to acquire and stake PLATA
- Create a MultiversX‑compatible wallet (e.g., Maiar or xPortal).
- Buy $PLATA on Bybit or swap on Maiar Exchange using eGLD or other supported assets.
- Transfer the tokens to your MultiversX wallet address.
- Navigate to the staking dashboard on the official Plata Network site and select the amount you wish to lock.
- Confirm the transaction; rewards will start accruing within the next few minutes due to MultiversX’s sub‑second finality.
Staking is low‑risk because the token’s price volatility is already baked into expected returns. However, remember that liquidating a large stake can impact price on the thinly traded markets.
Technical backbone: why MultiversX?
MultiversX offers high throughput (up to 15,000TPS) and near‑zero fees, which are crucial for a gaming ecosystem where hundreds of micro‑transactions happen per second. The network also supports Bitcoin Ordinals and Runes, allowing future cross‑chain NFTs that could appear on Bitcoin‑based platforms. This technical flexibility positions Plata Network to experiment with hybrid assets that other GameFi projects can’t easily replicate.
Comparison with other GameFi tokens
| Metric | PLATA | AXS | SAND |
|---|---|---|---|
| Blockchain | MultiversX | Ethereum (Layer‑2) | Ethereum (Layer‑2) |
| Total Supply | 510M | 270M | 1B |
| Market Cap (Oct2025) | $35k (≈#7500) | $1.2B | $750M |
| Primary Use‑Case | Motorsport P2E | Pet‑based Battle Game | Virtual Land & Assets |
| Liquidity (24h Vol.) | $0.2k | $250M | $180M |
The table highlights why PLATA is a micro‑cap niche token: its market cap and liquidity are tiny compared to mainstream GameFi projects. That also means price swings can be dramatic, both up and down.
Roadmap highlights (to date)
- Q12023: Token launch on MultiversX, basic staking pools released.
- Q32023: First series of collectible car NFTs minted.
- Q22024: Integration of Bitcoin Ordinals for cross‑chain assets.
- Q42024: Closed beta of the P2E racing game (limited to community testers).
- 2025 (ongoing): Expanded staking rewards, partnerships with small‑scale racing teams, and preparations for a public game launch.
Official dates for the full public launch remain vague, but the team has repeatedly said “the game will be live when it’s ready”. Expect the next major update to focus on beta feedback and polishing the in‑game economy.
Risks and red flags to watch
- Liquidity crunch: With daily volumes under $1k, moving large amounts can cause big price slippage.
- Limited exchange exposure: Only a handful of platforms list $PLATA, making it harder to liquidate.
- Development uncertainty: The game’s launch timeline is not fixed; delays could reduce community enthusiasm.
- Regulatory environment: GameFi tokens face increasing scrutiny worldwide, which could affect staking rewards or token utility.
Potential investors should treat PLATA as a high‑risk, high‑volatility asset and only allocate funds they can afford to lose.
Community pulse
The project communicates primarily through Twitter (@plataNetwork) and a Linktree hub that aggregates Discord, Telegram, and Reddit links. Activity spikes around staking announcements but overall follower counts stay below 5k. Community sentiment is cautiously optimistic-members love the racing theme but often ask when the game will actually drop.
Is PLATA worth watching?
If you’re a die‑hard racing fan interested in early‑stage blockchain experiments, Plata Network offers a unique niche to explore. For typical crypto investors seeking liquidity and proven track records, the token’s micro‑cap status and thin order books pose significant drawbacks. The safest approach is to dip a small amount, stake it for passive rewards, and keep an eye on development milestones.
Frequently Asked Questions
What blockchain does PLATA run on?
Plata Network operates on the MultiversX blockchain, using the ESDT standard for its native $PLATA token.
How can I buy PLATA?
You can purchase $PLATA on Bybit or swap it on the Maiar Exchange directly from a MultiversX‑compatible wallet.
What is the total supply of PLATA?
The token has a fixed total and circulating supply of 510million PLATA.
Can I earn passive income with PLATA?
Yes, by staking PLATA in the official staking pool you receive a share of platform fees and occasional NFT reward drops.
When will the P2E racing game launch?
The team has not announced an exact date; they are currently running closed beta tests and aim for a public release sometime in 2025.
Is PLATA a good long‑term investment?
It’s high‑risk. The token’s value depends heavily on successful game launch, community growth, and broader adoption of MultiversX. Treat it as speculative.
Comments
Ciaran Byrne
October 6, 2025 AT 09:08 AMThe PLATA token sits on the MultiversX chain with a 510 million supply, and its current price hovers around $0.000087. With a modest market cap of roughly $35 k, it’s still early days for the project. The 3 % APY staking reward is decent for a low‑cap coin, especially if you plan to hold for the long term. Overall, the basics look tidy for anyone curious about entering the space.