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NewsBTC 2022-09-27 09:17:40

Game On: 10 GameFi DAOs You Need to Know About in 2022

Players have always been the lifeblood of games, whether we’re talking about the retro arcade titles of the 1980s or immersive modern metaverses like Alien Worlds and Decentraland. And yet, until recently, players lacked organizational strength and clout: gamers were seen as the grunts on the ground who kept the enterprise moving, yet had little influence when it came to decision-making. With the advance of Decentralized Autonomous Organizations – DAOs – that is finally starting to change. Systems governed by smart contracts and code, but designed to reflect the will of the people, DAOs are empowering an entire generation of gamers, content creators and entrepreneurs, all of whom can make their presence felt in their chosen web3 ecosystem. Gaming DAOs tap into the wisdom of the crowd to help players better monetize their endeavors in virtual reality, as well as manage and leverage a war chest of NFT assets. Some DAOs are even going a step further, financing promising gaming ventures on their own to rival the established tech giants of old. Below are 10 of the most talked-about gaming DAOs operating in the web3 space today. 1. GameDAO The memorably named GameDAO aims to enrich the gaming space by uniting players, content creators, GameFi investors and eSports organizations under one roof. In its constantly evolving ecosystem, participants can come together to form collaborative clans that pursue common objectives, whether that ...

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