$PLAY is your share of 200 claw machines in Shenzhen malls.
They pay a fixed lease every month, and your share comes to you in USDC, 12% a year at launch and targeting 15%.DualMint Deposit is the entry point for the PLAY pre-deposit. Explore the current pre-deposit, precommit USDC, review deposit terms and raise status, and follow the conversion to $PLAY.
- TARGET NET YIELD
- 12–15%
- a year, paid monthly in USDC
- FLEET
- 200
- claw machines in Shenzhen
- LOCKUP
- None
- sell anytime in the pool
Meteora
Chainlink
Solana
Bedrock
Jupiter
Star.fun
peaqMeteoraChainlinkSolanaBedrockJupiterStar.funpeaqThe record
Since May 2025, DualMint has paid depositors across 1,300+ machine-backed positions every month, 16 months in a row, all on time, with zero operator defaults, checked onchain as of 8 August 2026.
44 depositors have precommitted $32,053 of the $227,500.
$195,447 TO FILLWhat happens next
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Precommit now
Every $1 you precommit counts as $1.20. It's locked until the raise opens, and it earns 1 DualPoint a day for every USDC starting today.
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Raise opens 1 Oct
Your precommit becomes your deposit. Precommits close before the raise fills, and the rest sells in the live round without the bonus.
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Raise closes 8 Oct
Two hours later your deposit turns into $PLAY, at the same price as everyone else's. If the raise is oversubscribed, allocations are cut back evenly and the extra is refunded.
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Every month
The machines' lease payments go to $PLAY holders in USDC.
How it works, and how it can go wrong
What is $PLAY?
An SPL token for a 20% share of the company that owns the 200 machines. That company leases the machines to the operator and pays you from the lease every month.
Read: Who actually owns the claw machine behind $PLAY →Where are the machines?
In shopping malls across Shenzhen, on sites the operator already runs. The machines start earning for $PLAY holders once the raise fills.
Read: Who actually owns the claw machine behind $PLAY →Where the money goes
$200,000 buys 200 claw machines at $1,000 each, $20,000 seeds the pool you can sell into, and $7,500 sets up the company that owns the machines. That's all $227,500.
Read: Where the 12–15% on $PLAY comes from →Who owns the machines
A separate company owns every machine. If the operator goes bankrupt, the machines aren't part of what the operator's creditors can claim.
Read: Who actually owns the claw machine behind $PLAY →How you're paid
Each machine pays a fixed amount every month, the same in a good month or a bad one, and it's paid before the operator takes their share. Our only fee is 10% of that payment.
Read: Where the 12–15% on $PLAY comes from →Why half the fleet earns from day one
The operator already runs 100 of these machines. The company buys those and pays for 100 more.
What can go wrong
If the operator fails, the machines go to another operator, then insurance pays out, then the machines are repossessed and sold. We've modelled this plan but never had to use it, because no operator has defaulted.
Read: What can go wrong with $PLAY, and how you get out →How you get out
There's no redemption. You sell $PLAY into a pool seeded with $20,000, against $227,500 issued, so size your position against the pool.
Read: What can go wrong with $PLAY, and how you get out →How DualPoints work
Every USDC you commit earns 1 DualPoint a day for as long as you hold $PLAY. Precommits earn from today and public-raise deposits earn from 1 October, so committing early earns more. You keep your points once your deposit has been held for 30 days after the raise closes, and they convert once the raise fills.
Read: How a $100 precommit becomes $PLAY →How it's verified
Each machine has its own onchain ID through peaq and reports every play, uptime hour and dollar through the machine vendor's system, so the operator never types in a number. Every month Chainlink checks what the machines reported against the money collected and the lease paid, and revenue only counts when the machine data, the bank data and the operator's report all match. The first month's check goes up on the Dashboard. Each machine's plays, uptime and revenue are on the Uptime page. Payments go out in USDC on Solana, and every month we post a NAV attestation onchain and to IPFS, so anyone can check a payment on Solscan.
Read: How every play on a $PLAY machine gets counted →Each $1 you precommit counts as $1.20. Your precommit is locked until the public raise opens, then becomes your deposit. Precommits close before the raise fills, and the rest sells in the live round without the bonus. If the raise is cancelled or misses its minimum, you can withdraw what you put in, not the bonus. If it's oversubscribed, allocations are pro-rated and the extra is refunded. Your deposit turns into $PLAY 2 hours after the raise closes, at the same price as everyone else's.
The raise opens 1 October. You can precommit now.
Precommit