RE:Plans in the works ???Management’s Discussion and Analysis of Financial Condition and Results of Operations March 31, 2020 Management’s discussion and analysis (MD&A) is current to May 20, 2020 and is management’s assessment of the operations and the financial results together with future prospects of Blocplay Entertainment Inc. (“Blocplay”, “Corporation”, or the “Company”). This MD&A should be read in conjunction with our audited financial statements and related notes for the years ended December 31, 2019 and 2018 prepared in accordance with International Financial Reporting Standards (“IFRS”). All figures are in Canadian dollars unless stated otherwise. Forward Looking Information This MD&A contains certain forward-looking statements and information relating to the Company that is based on the beliefs of its management as well as assumptions made by and information currently available to the Company. When used in this document, the words "may", "will", "anticipate", "plan", "intend", "estimate", "project", "continue", "believe", "estimate", "expect" and similar forward-looking terminology, as they relate to the Company or its management, are intended to identify forward-looking statements. This MD&A contains forward-looking statements relating to, among other things, regulatory compliance, the sufficiency of current working capital and the estimated cost and availability of funding for the continued operation of the Company. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Although management believes that the expectations reflected in such forward-looking statements are reasonable, all forward-looking statements address matters that involve known and unknown risks, uncertainties and other factors and should not be read as guarantees of future performance or results. Accordingly, there are or will be a number of significant factors which could cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual future results, performance or achievements to differ materially include, but are not limited to, our limited operating history, our reliance on key personnel, future capital needs, dependence on proprietary technology and limited protection thereof and general economic trends and international risk. The Company is subject to significant risks and any past performance is no guarantee of future performance. The Company cannot predict all of the risk factors, nor can it assess the impact, if any, of such risk factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those projected in any forward-looking statements. Accordingly, forward-looking statements should not be relied upon as a prediction of actual results. This MD&A offers a brief overview of some of the risk factors to be considered in relation to the Company's business. This list may not be exhaustive and new risk factors may emerge from time to time. Please see the section "Risks and Uncertainties" for further information. We disclaim any intention or obligation to publicly update or revise any forward-looking statements after distribution of this MD&A, whether as a result of new information, future events or other circumstances, except as may be required pursuant to applicable securities laws. BUSINESS OVERVIEW AND CORPORATE UPDATE The Company was incorporated under the British Columbia Business Corporations Act (“BCBCA”) on October 30, 2014. The Company is a developer of platforms and video game publisher that publishes video games that the Company either develop internally or engage a video game developer to develop for them. The Company’s shares trade on the Canadian Securities Exchange under the symbol “PLAY”. 2 Business Goals The management is currently reviewing business technology to ascertain if the technology is a viable business. Development Strategy and Outlook The Company is a developer of platforms and video game publisher. The Company provides technical support, guidance and marketing support to assist independent video game developers to develop and publish video games and platforms. Management has been focused primarily in reviewing the technology of the Company. SELCETED ANNUNAL FINANCIAL INFORMATION The following table reflects the summary of annual results for the periods set out. 2019 2018 Total revenue $Nil $Nil Net loss $12,177 $3,118,698 Net loss per share $0.00 $0.017 Total assets $46,493 $73,543 Long-term liabilities $Nil $Nil Dividends per share $Nil $Nil SUMMARY OF QUARTERLY REPORTS Results for the past eight quarters for selected financial statement amounts are presented below. The Company's quarterly operating results have varied in the past and may vary substantially in the future. Accordingly, the information below is not necessarily indicative of results for any future quarter. Q1-2020 $ Q4-2019 $ Q3-2019 $ Q2-2019 $ Total revenue - - - - Net income (loss) (68,624) 241,491 (88,405) (86,568) Basic & diluted loss per share (0.000) 0.001 (0.001) (0.000) Q1-2019 $ Q4-2018 $ Q3-2018 $ Q2-2018 $ Total revenue - - - (882) Net loss (78,695) (252,519) (1,394,356) (746,363) Basic & diluted loss per share (0.000) (0.001) (0.008) (0.004) OVERALL PERFORMANCE Three Months ended March 31, 2020 and 2019 The Company incurred net loss of $68,624 or $0.000 per share for the three-month period ended March 31, 2020 compared with a net loss of $78,694 or $0.000 a share for the comparable period in 2019. Consulting and management fees were $60,000 during the three-month period ended March 31, 2020 compared to $60,000 in the previous year. This level of expenditures is expected to remain the same. General and administrative expenses during the three-month period ended March 31, 2020 was $1,384 compared to $4,276 in the three-month period ended March 31, 2019. The decrease is attributable to lower investor relations expenses in the current period. 3 Professional fees decreased to $7,236 during the three-month period ended March 31, 2020 from $14,153 in the same period in 2019. The decrease is attributable to lower legal fees incurred for general corporate matters. Foreign exchange loss for the three-month period ended March 31, 2020 was $4 compared to a gain of $266 in the same period in 2019. Company Directors and Officers As at the date of this report, the directors and officers of the Company were: Chris Irwin Chief Executive Officer and Director Jon Gill Director Jordan Manzer Director Arvin Ramos Chief Financial Officer LIQUIDITY AND CAPITAL RESOURCES The Company is in the early stage of operations and requires additional capital to achieve its strategic objectives. As at March 31, 2020, the Company had working capital deficiency of $693,904 (December 31, 2019 - $625,280). As at the date of this report, the Company had negative working capital of approximately $700,000. BlocPlay is currently not generating operating cash flows, and has significant cash requirements to continue its development of its video games and administrative overhead. In order to meet future expenditures and development costs, the Company will need to raise additional financing and there can be no assurance that adequate funding will be available in the future, or available under terms favourable to the Company. Whether and when the Company can attain profitability and positive cash flows is uncertain. These uncertainties represent significant risks to the Company’s ability to continue as a going concern. Management is exploring various financing alternatives, which includes equity and debt offerings.