DAOLand, incubating the future of GameFi
Coming to IDO on Starter.XYZ on December 7th on Binance Smart Chain
What happens when a video game industry valued at nearly $90 billion meets a crypto market worth over $3 trillion? You get the mind-blowing potential of GameFi, a cutting-edge concept combining DeFi and Metaverse-related technologies that’s poised to become one of the hottest industries of the 2020s.
The founders of DAOLand, Ali Adsiz and Ahmet Gorsen, are determined to be at the vanguard of the GameFi revolution. That’s why they’ve gathered a team of developers and partners to establish DAOLand, a digital space where users can learn about and invest in the most promising GameFi projects currently being developed, including Play2Earn (P2E) and NFT games.
With DAOLand, our START-ers will get the opportunity to invest in one of GameFi’s most exciting projects at the ground level. And once you’re in this door, you’ll be part of a community that will help steer the future of GameFi.
So, what exactly is DAOLand and how will it work?
What is DAOLand?
In 2018, Vietnamese startup Sky Mavis released Axie Infinity, a blockchain-based, NFT-enabled video game. Today, the company is worth $3 billion and nearly 2 million users log in and play each month.
GameFi projects like Axie Infinity allow users to earn real money by playing them. Some Play2Earn and NFT games even give players the ability to have a say in the future direction of the game. This fusion of gaming and cryptocurrency has proven too exciting to ignore for thousands of investors and entrepreneurs. As a result, the number of GameFi projects being developed has skyrocketed over the past year.
Unfortunately, this proliferation of GameFi projects has left most of them struggling to find liquidity and fighting to differentiate themselves from an ever more crowded market. Plus, they’re faced with the myriad challenges inherent in today’s tokenomics.
That’s where DAOLand comes in.
By connecting interested players with upcoming GameFi projects, DAOLand will help entrepreneurs and startups find the player base their platforms need for liquidity. And DAOLand’s team of GameFi experts will ensure every project can navigate the uncertain waters of today’s market.
How DAOLand will empower players
While DAOLand will be a boon for developers looking to create the next big GameFi project, it will also help players get into the best games before the crowds. This way, they’ll be able to reap the benefits of early investment. They may even enjoy the kind of token run early investors in Axie Infinity experienced, from $0.50 per token to $150 over a handful of months.
Rather than being forced to pay the listing price, DAOLand members can begin investing in the best GameFi tokens at ‘venture’ price, up to 50% off. And since the whole project is built on the Binance Smart Chain, users won’t have to waste money on expensive fees.
But perhaps the most exciting possibility with DAOLand is the ability players will have to influence which GameFi projects become a reality. After all, DAOLand lives up to its name as a decentralized autonomous organization (DAO). Since governance of the project is ultimately decentralized, there will be no higher-ups pulling the strings.
The players will determine each financed project.
Incubating tomorrow’s GameFi projects with DAOLand
Before DAOLand presents any GameFi projects to its users, the team will handpick the most exciting, most promising opportunities and negotiate all terms with the developers, including token allocation and price. DAOLand users will then be able to stake special game access tokens (known as DLS tokens) to the project.
The 100 to 300 users who staked the highest number of DLS tokens will get the opportunity to participate in the project at the ground level. Those tokens will then provide the GameFi startup with the liquidity they need to continue development of their game.
Before the game has been publicly listed, the users who invested through DAOLand will get tokens for the new project equivalent to their investment. But that’s not all. They’ll also receive early access to the game at a lower cost than the general public.
Mining DLS tokens
There are two tokens within the DAOLand platform. One is the game access ticket, known as DLS tokens. Users submit these to gain access to GameFi projects and once they’ve been used, they’re burned. There’s no way to trade DLS tokens.
So, how will users get them?
That’s where DAOLand’s second token comes in, the DLD token. DLD tokens are offered to users in the private round of DAOLand’s development. There will only be 10,000,000 DLD tokens minted, and they will be available for trading. By staking DLD tokens, users will be able to mine DLS tokens, earning the currency they need to invest in the latest GameFi projects.
Mining DLS tokens is simple. Every epoch (or seven days), 1000 DLS tokens will be distributed proportionally to all users who have staked DLD tokens. After 17 epochs (or approximately 119 days), the number of DLS tokens being distributed will be halved.
DAOLand has already been tested and is currently working on both Ethereum and Binance Smart Chain networks. However, support for Avalanche and Polygon networks is in the works and should be implemented in the near future.
DAOLand’s farming app is in the process of passing Hacken and Peckshield audits.
The IDO platform will be released two weeks after the mining release, giving users plenty of time to begin farming DLS tokens.
Let’s go through some technical details for DLD (DAOLand Diamond):
- Total supply: 100,000,000.00 $DLD;
- Network: Binance Smart Chain;
- Token type: BEP-20;
- Future DEX: PancakeSwap;
- Market capitalization at listing: $372,680 / 2,662,000 DLD;
- Available for sale: 20.8%
How to take part
Taking part in the Chaos of 12 Legions IDO is easy, simply follow these steps:
For a more in-depth guide on how to take part in a BSC based IDO, please see our docs: https://docs.starter.xyz/faq/how-to-guides/how-to-take-part-in-a-sale-on-binance-smart-chain-bsc
DaoLand is an IDO platform for exclusive projects from NFT and GameFi space with play-2-earn & participate-2-earn model. Is the first metaverse based incubator with VR experience and IDO platform for exclusive projects from GameFi, Metaverse and NFT spaces.
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