Paper Plane at paperplane.cash is a public alpha described as an aesthetic, gamified Papertrade interface inspired by minhwa, Korean folk art. Its menu, FAQ, Socials, Credits and Legal were reviewed on 26 October 2026. The official @paperplanecash posts of 25 October claim a first completed live trade but explicitly say the full game is still to come. PaperGames did not verify that trade or start real or simulated activity.
The FAQ describes practice as simulated trading on live prices, with no money moving. Legal says game distances and points have no monetary value and do not change a trade. The FAQ and post say no token is planned. Credits attribute the music, art and idea to 0xBorges and code to Claude; this is the site's attribution, not a verified legal identity or security review.
The site claims funds remain in the user's wallet and Papertrade contracts, with signatures in the browser. Key scope, expiry, storage, revocation and actual permissions were not inspected. These claims do not establish guaranteed non-custody or protection from trading losses.
The FAQ describes a 0.5% builder fee and a 2% protocol win-fee example. This is not a verified all-in 2.5% charge on raw profit: protocol impact, adjusted gains and payout-queue rules also matter. The registry shows Paperplane.cash / 0xecd7762572468175cd1cdbb3fabd80a8e585c71b as Active; no signature or transaction was inspected to bind the domain to that exact fee address.
This Paper Plane alpha is distinct from Paperplanes at tradepaperplanes.xyz / @paperplanesxyz. Domains, accounts, media, builder addresses and histories must not be merged. Trading Desk / Early Access documents the accessible alpha; it does not label the future full game delivered or the financial route independently tested.
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