04 Sep 202012:08
Bright Union AMA Recap
Harper (CryptoDiffer)Hello, everyone 🖐🏼
We are glad to meet here:
Miles Anthony, Founder of Decentral Games
Miles AnthonyHey everyone, thank you for having me
Harper (CryptoDiffer)Welcome Miles, thank you for taking your time today!
Our team has prepared 3 questions for you to start with
Let's start with the introduction!
Q1: Can you introduce yourself to our community?
Miles AnthonyHi everyone, I’m founder and project lead of Decentral Games. I started the project back in 2019 with the objective of building engaging, multiplayer, wager-based games in the Metaverse. 2 years later, we proudly support poker, blackjack, roulette, slots, and backgammon playable with crypto in Decentraland.
Go to q2
Q2: Can you introduce Decentral Games to us?
If u want, u can use pictures/visualizations
Miles AnthonyDecentral Games is a metaverse-native gaming DAO building play-to-earn poker, blackjack, roulette, and slots. DG hodlers vote on treasury management, economic policy, and development to grow and strengthen the Decentral Games ecosystem.
You can check out our games by hopping into the Metaverse here: https://play.decentraland.org/?position=-118%2C135&realm=dg-diamond
Or visiting our website here: https://decentral.games/
I also post weekly development updates on Twitter: https://twitter.com/0xMiles and Substack: https://decentralgames.substack.com/
Harper (CryptoDiffer)Nice pic! Moving forward?
Miles AnthonySo far, we’ve built poker, blackjack, roulette, slots, and backgammon in the metaverse. We currently support MANA, DAI, USDT, and ETH bets for roulette and blackjack, and plan to roll out MANA and DAI bets for poker by the end of the month. However, the thing we are most excited about at DG is integrating a play-to-earn architecture to our free to play gameplay that incorporates a new line of DG NFTs. We are looking forward to releasing more details and our lineup of amazing launch partners shortly!
Harper (CryptoDiffer)Awesome! Thanks for the answer
Cryptodiffer CommunityWhat is the tokennomics and basic utility of the DG token in Decentral Games? and What growth drivers for the DG token do you see in the future?
Miles AnthonyThe DG token is used to govern the treasury, which generates revenue from the house edge in the games and the polygon node rewards (DG runs the 6th largest Polygon node by MATIC Staked). The treasury also holds over 1k parcels of Decentraland LAND and other wearables NFTs to amount to over 10M USD of value. You can track the performance here: https://decentral.games/dg . In the future, DAO votes would be able to distribute value to DG stakers in the governance contract in addition to the DG gov rewards stakers currently get.
Cryptodiffer CommunityI am really excited by your Play-to-Earn and it has got to be the most inventive thing I have seen yet on Decentraland . What are the currencies that can be used for playing on @DecentralGames casinos ?
Miles AnthonyYes we are very excited for play-to-earn! We were very inspired by this model and think it will really help DG to have a poker p2e product. Very excited to release more details soon. Right now we support MANA, DAI, USDT, and ETH.
Cryptodiffer CommunityIn relation to governance on Decentral.games, when a proposal is submitted, can all holders of the $DG token vote on the proposal or is voting reserved for only holders that staked some of their $DG tokens in the governance contract? Also, for how long will the voting period last before a governance decision will finally be made?
Miles AnthonyOnly stakers can vote and gov decisions are made in 4 days.
Cryptodiffer CommunityMost attractive feature I found in Decentral game is,
"Play games in the metaverse and earn $DG token win or LOSE. "
Both winners and Losers can benefit with Decentral games.
Could you tell more about this feature ?
Do both winners and losers recieve same amount of $DG ?
Miles AnthonyYes! You earn DG tokens based on how much you wager, regardless of if you win or lose.
Cryptodiffer CommunityHello @milesanthony
DG announced the release of three new gaming metaverse locations in partnership with Bored Ape Yacht Club, DEXTools, and Vegas City.
I read in an ama_article that Decentral's new "NPM bundle product" played a big role in building these venues and partnerships. Could you tell us about the NPM package product and its uniqueness?
Miles AnthonyYes, it was essential to build the DG npm package for internal use to easily keep all DG venues up-to-date following specific game optimizations and additions. However, it has gradually become a compelling and lucrative B2B product, as it enables any metaverse developer to deploy DG white label poker, blackjack, roulette, and slots into their scene in return for a revenue share with the DAO.
Metaverse poker lounges and casinos have become one of the most engaging ways to gather online crypto and NFT communities. Due to the highly scalable nature of our npm package product, we are excited to support many more aligned partners for custom metaverse poker lounges and casinos in the future.
If you are the head of a big online community and you are interested in launching your own metaverse poker lounge or casino, reach out to us on Discord! decentral.games/discord
Cryptodiffer CommunityI was able to read that in a very few hours an event will take place in its metaverse, so could you really explain to us how many people can participate in each event? And also how can I participate in one of them?
Miles AnthonyYou can always hop in and find our events schedule here: https://decentral.games/events We typically have 100-500 people at events
Cryptodiffer Community- How can I start playing on Decentral Games? Do I have to buy a character? Do I have to buy NFT? How much is the minimum capital to start? Any way to earn a scholarship?
Miles AnthonyWe will have a scholarship program very soon :) where the minimum capital to start will be 0
Cryptodiffer CommunityI know that DecentralGames is creating virtual casinos in @Decentraland and @BoredApeYC NFT legends created their ape casino through $DG in the VR metaverse world. Can you please tell us about the relationship between Decentral games and BoredApeYC
Miles AnthonyWe allowed them to use our npm package which deployed our metaverse games in their custom riverboat venue. The BAYC casino is on DG DAO LAND as well. Here are some pics:
Cryptodiffer CommunityAny info regarding your roadmap? What new development and feature that user will have in nearly future? Thank you
Miles AnthonyWe are working on a play-to-earn product where you will be able to earn tokens for playing poker all day with free play! Really excited to share more details later this month!
Cryptodiffer Community"Decentral Games is proud to be the world's first metaverse employer." Could you please give more information about this important mission? What should I do to be a part of this system?
Miles AnthonyWe employ real people who work inside our metaverse venues. You can read more about this initiative here: https://www.coindesk.com/this-casino-in-decentraland-is-hiring-for-real
Cryptodiffer CommunityDo you have any YouTube channel or website for this project?From where we can learn something???
Miles AnthonyYes we have a youtube here: https://www.youtube.com/channel/UC979WFJbf0FGu700SYGfVoQ
We recently made a product progress video that I would recommend to check out. It details the amazing progress we've made to our metaverse and web products over the last 3 months: https://www.youtube.com/watch?v=X8xKRogqTtA
Cryptodiffer CommunityIn the crypto field it's very hard for Projects to Generate Revenue/Profits, Some projects have 10% Dev share(10% from transaction fees taken by the project). Can you explain to us in What way that Decentral Games creates revenue/profits?
Miles AnthonyDG generates revenue from the games and the polygon node. The games have generated around 3M USD so far and the Polygon Node has generated around 400k USD so far for the DAO treasury. You can track everything here: https://decentral.games/dg
Cryptodiffer CommunityWhat is the role of tokens in the ecosystem. Where can people currently buy i $DG, What is the functions of the tokens #DecentralGames ?
Miles AnthonyYou can buy DG on Uniswap, PancakeSwap, Quickswap, and Gate.io. You can find the links here: https://www.coingecko.com/en/coins/decentral-games#markets
Cryptodiffer CommunityWhat companies are you partnered with or seeking to partner with in future ?
Miles AnthonyWe just partnered with BAYC, and we've partnered with Atari, Amnesia ibiza, and Vegas City in the past for custom venues. You can see our full list of partners on the site if you scroll to the bottom: https://decentral.games/
Cryptodiffer CommunityI see there are some cool Wearables in Nft Section, How can We get it?
By any chance, Can we get it in any Promotions, Lucky draw?
Miles AnthonyYou can win wearables by competing in one of our casino night competitions! But also you can buy them on opensea: https://opensea.io/accounts/DecentralGames
Cryptodiffer Community🔵 You announced that Decentral Games has formed a partnership with Connext. What is the advantage of this partnership for both parties and what features does Matic bring to deposits?
🔵 What incentives will you provide when we invite more players to Decentral Games? Do you have a new referral program and what percentage will DG evangelists get on bets placed?
Miles AnthonyConnext bring speed to matic deposits in order to onboard our players to crypto because the Matic bridge typically takes 6 minutes.
Yes we have a referral program! You can read more about it here: https://decentral.games/blog/refer-a-friend-and-get-a-of-their-wagers-forever
Cryptodiffer CommunityI read on your blog that Decentral Games has become the world's first metaverse employer, but is this NFT casino platform really an "employer"? If so, how many employees throughout the world have you managed to incorporate into your metaverse?
Miles AnthonyWe currently employ 15 people who work inside our scenes!
Cryptodiffer CommunityDecentral Games Raised $5 M for the Development, How will it help to Develop Some Products & additional Features in Nascent Metaverse?
Miles AnthonyWe will be rolling out a play-to-earn poker product very soon with free play gameplay where it will require 0 upfront capital to start earning due to our built-in scholarship program. It is pretty clear to us that play-to-earn will be massive, and we are very excited to be able to get to market quickly.
Our greatest achievement was building poker, and now we are very excited to apply the game to a new play-to-earn model where the gameplay is EV positive. Really looking forward to releasing more information around this and our big launch partners shortly.
Cryptodiffer CommunityWhat types of NFT are available in Decentral Games? and Also will you provide a market to sell or buy DG NFT?
Miles AnthonyWe have all types of cosmetic wearable NFTs, and we have an NFT marketplace on the roadmap for Q4, as they will play an increasingly large role in our ecosystem.
the DG treasury will also have another source of revenue - NFT marketplace fees
Cryptodiffer CommunityI read that they recently organized a Casino night in Paraguay. This is very impressive. My question is, what plans does the DecentralGames team have for Latin American countries? What types of events will we see in the future in these countries and how will you get your project to expand in the Spanish speaking countries?
Miles AnthonyWe will continue to expand our events for our latin american community from 1 event per week to several! You can keep track of them here: https://decentral.games/events
Harper (CryptoDiffer)Great! Thank you
Such a detailed answers!
Thanks a lot for the ama! We were pleased to host it
Miles Anthonythanks for all the great questions!
You can find out more info about DG here:
Demo (crypto blackjack, crypto roulette, free play poker, free play slots): https://play.decentraland.org/?position=-118%2C135
Token Economics: https://docs.decentral.games/ecosystem
Treasury Breakdown: https://decentral.games/dg
Weekly development update newsletter: https://decentralgames.substack.com/