Will GameFi DAOs be the key in 22 years?

Just as unicorn companies like Bitmain arose with the emergence of Bitcoin, the Golden Association (DAO) emerged with the on-chain gaming craze. Especially with the blessings of the token market, gambling has become a new way to make money through work.

We've already listed 7 great DAOs (Chain Gaming Associations) in the GameFi arena, and I think gamers have an understanding of some of them. However, there are still a lot of gamers who don't know why DAO is so happy, and there are a lot of questions about what GameFi and DAO will look like in the future, so let's explore together from our perspective!

DAOs make this a reality, encoded in the blockchain by collaborating with third parties around the world, implementing privacy policies and making their own decisions. As seen in the previous article, DAOs are starting to attract traditional investors, and venture capital firm A16z has also provided millions of dollars in funding from individual DAOs and companies that support DAO development. . What is DAO?

DAO - Science populaire

The name of the DAO is Decentralized Autonomous Corporations, which stands for Decentralized Autonomous Organization. To understand DAO, you must first understand the technology behind it. Most DAOs rely on blockchain technology and smart contracts, which are written to execute numbers on a blockchain. DAOs are decentralized. This means that they are not under the control of any individual or organization, and the rules and regulations of each DAO are encoded in the smart contract on the blockchain and can only be changed by a vote of the members of the DAO.

The members of each DAO can unite in decision making more than the minority which is always equal. For DAOs, the blockchain can be the backbone while maintaining the structure and rules of each chain. Born by DAO must have three meanings.

You have the organizational goals and culture (mission, vision, priorities) that you can engage with strangers with.

There is a set of rules including design, management, promotion, etc. that can reach consensus with different people, and these rules are part of the blockchain technology chain.

There are tokens that can create stakes with each participant to complete the whole awakening.

DAOs slowly started to move forward, and Messari's annual crypto announcement named 2022 the Year of DAO! Why is DAO so optimistic?

Why do DAOs like it?

DAO started out as a chain game, but by 2021, chain game was gaining ground. There are so many ways to get involved in this industry, so why are parts of the project choosing to create a DAO rather than a game? The reason is very simple, with the advancement of competitive games, many blockchain games have appeared, but at the start of the game, they need some root users, they will die soon. basic. So it's better to be a gaming guild than to be a developer. Many games cannot be successful without DAO. You can tell that the game itself and DAO add to each other. The chain games guild also loves capital, this new cooperative game is also the next reel.

Additionally, GameFi is based on Web3.0 and the impact of DAO has lowered the threshold for more gamers, letting more people know the purpose of GameFi. DAO has also been fully integrated with internet users as seen by Web 3.0 enthusiasts, with no need for middlemen or unsupported members.

DAO and the future of GameFi

Blockchain games have changed the business model of traditional games. The current model is that NFTs provide users with time and options, similar to users' initial investment in acquiring NFTs in the game, and then the benefits of NFTs are not seen. and NFT together have many advantages, making it a P2E format.

As P2E games have become popular, more and more players are choosing to join DAOs to find new ways to generate income, but now that the bear of the market has arrived, more and more players will have questions. . Will the bear industry affect DAOs? The answer is no, guilds have to be good at bear business. The greatest risk to guilds is the human ideology of the guild, not the commercial bear. Guilds say they have to pay a lot of money and complete goals. But otherwise, it is certain that blockchain campaigns cannot be separated from community support.

We see DAOs as an open market environment where people can work and function while dividing members by mixing and contrasting skills and knowledge. The DAO broadens the quality and opportunities offered to all participants (key players, hunters, insurers, customers, etc.). Today, VCs are an investment in DAOs developing DAOs, sub-DAO models, or enlisted as investment advisers to remove SEC hindrances that prevent VCs from becoming fully crypto, and early investors turned to stable capital. The Messari investment report also boldly predicts that by 2025 one of the most active and important AUM VCs will be DAOs, and DAOs will not be closed to the GameFi industry.

GameFi is now considered DeFi mining, not a game. First of all, the game must be fun. If all the interactions in a game are intertwined chains, the game will be difficult to develop. So the game should be important to some, at least for now. The most important feature of GameFi in 2021 is revenue, which is also the biggest difference from traditional gaming, which can be used as a first promotion for GameFi or as the eyes grow longer. But now the days of playing alone are over. One of the key characteristics of today's game is that social interaction and communication are especially important for more and more players. Therefore, whether it is a traditional sport or a connected sport, building a better relationship is the direction of future thinking.

Besides thinking about relationships, there is another important way: stability. In the case of games, it is inevitable to think about how to improve user persistence. The game has always been able to repeat the gameplay and the gameplay according to the user's preference, but with the gameplay it cannot be extended. No character? The 22nd has been a very popular year for GameFi. There will be several 3A masterpieces in the chain this year, and several DAOs were also involved in the initial project. What flames are in them? ?? Let's wait.

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