$PLAY is your share of 200 claw machines in shopping malls.
They pay a fixed lease every month, and your share comes to you in USDC, 12% a year at launch and targeting 15%.
- TARGET NET YIELD
- 12–15%
- a year, paid monthly in USDC
- FLEET
- 200
- claw machines in shopping malls
- LOCKUP
- None
- sell anytime in the pool
The 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.
Raise totals are temporarily unavailable.
What happens next
Precommits closed 1 Oct
Every $1 precommitted counted as $1.20. Those precommits became deposits when the raise opened.
Raise open now
Deposit from 10 USDC until 8 Oct. Every USDC earns 1 DualPoint a day for as long as you hold $PLAY.
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 pro-rated and the extra is refunded.
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 the 200 machines in this fleet. The company that will own them leases them to the operator and pays $PLAY holders from the lease every month.
Read: Who actually owns the claw machine behind $PLAY →Where are the machines?
In shopping malls in one city, on sites the operator already runs. The lease starts the month after funding.
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 will own every machine. If the operator goes bankrupt, the machines won't be 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 →What gets bought
200 new machines, straight from the manufacturer. Title goes to the company on payment, so there are no used machines in the fleet.
What can go wrong
If the operator fails, the machines go to another operator, or they're repossessed and sold. Insurance covers theft, fire and damage, not missed payments. 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, 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 deposit earns 1 DualPoint a day from the day it lands, for as long as you hold $PLAY. They only stop if you sell it. 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 deposit 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 →The raise is open until 8 October, from 10 USDC. If it doesn't fill, everyone is refunded. 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. Precommits made before the raise opened on 1 October counted $1 as $1.20. That bonus has closed.
The raise is open until 8 October. Deposits start at 10 USDC.
Deposit