GameDAO to Launch on Acala, Leveraging aUSD and DeFi Platform for Fundraising, Ownership, and Coordination Among Gamers
We are excited to announce GameDAO will be joining the Acala ecosystem. GameDAO is set to bring its community-owned operating system for fundraising, videogame ownership, metaverses, e-sports, and the creative industry to Acala developers and users, leveraging the Acala blockchain and aUSD stablecoin.
Meet GameDAO
GameDAO is a community owned cooperative providing fundraising, coordination, and ownership protocols for the video game, metaverse, and esports economies.
GameDAO protocol explores the world of fundraising, coordination, and ownership of video games and assets: Users launching on GameDAO utilize GAME as a means of protocol access, governance, and staking and aUSD to fund and pay for games and content in a frictionless manner.
This results in the creation of financial and organizational primitives, utilizing DAO, DeFi, and NFT protocols for transparent governance, true community ownership, and interoperable economies; transforming the entire game industry into Web3 and beyond. Long gone are the days where users had to worry about their finances after a fundraiser. Thanks to GameDAO they will be able to create specific campaigns with their own interest in mind.
Once their fundraising is over, users can utilize GAME to further support their cause. Communities will be built on the GameDAO platform and exploit tools like Governance for true ownership, curation of content as well as the future of the project.
Therefore, GameDAO has chosen Acala for its first deployment in the Polkadot ecosystem to leverage Acala’s decentralized stablecoin, aUSD, and utilize the DeFi ecosystem and strong liquidity being built on the network. Acala also provides a blockchain customized for DeFi and serves as a core point of connection into the broader Polkadot and Kusama ecosystem.
GameDAO Unstoppable Organizations
GameDAO helps make the process of founding a new organization or DAO easier. Users have the opportunity to launch their own organizations on the GameDAO protocol and use the power of interoperability to expand their community across networks. Organizations can also create fundraising campaigns, and decide and operate with their team or community.
GameDAO Governance
GameDAO is also a place for discovery, curation, and decision-making for creators, games, and organizations. Users can govern with their community in various ways, featuring modern governance primitives as quadratic voting, conviction voting, and bonding curves. There’s no reliance on third-party networks due to the interoperable nature of substrate-based protocols.
The GameDAO Campaigns
GameDAO users will have the ability to launch their own fundraising campaigns. One of the main reasons why they choose to build on Acala is the direct access to the decentralized stablecoin, aUSD.
Especially for the campaigns, a stablecoin is the best solution for the fundraiser as well as the investor. The campaign doesn’t have to worry about volatility and can map out its roadmap securely. The same can be said for the investor: Their initial investment will be the same at the end of the campaign as in the beginning. No more FOMO, you get what you paid for!
They can use the full power of their community and DAO to gain early traction and market-proof their project. Simply connect to GameDAO and launch!
The GameDAO NFT
GameDAO also builds and utilizes open NFT standards to complement the core features of the protocol in a frictionless way. There will be no right-click save, but a dedicated ledger to participate, govern and fundraise projects.
Follow the Integration
The Acala and GameDAO teams will keep the community updated on the launch of GameDAO. This includes the education around GameDAO’s progress, updates, and roadmap.
You can follow along on the Acala or GameDAO Twitter accounts, or any of the social links below.
Build on Acala
If you’re a team looking to build with the aUSD stablecoin or looking for support from Acala Grants, please get in touch with our team to chat about how we can support you.
About GameDAO
GameDAO is a community owned cooperative providing fundraising, coordination, and ownership protocols for the video game, metaverse, and esports economies.
Our product suite consists of:
- GameDAO Organizations; Create your own community with GameDAO
- GameDAO Governance; Govern about the future of your organization
- GameDAO Platform; The one place to manage your project
- GameDAO NFT; Utilize the full power of GameDAO for licensing, royalties, and rewards
- GameDAO Marketplace; Buy and sell games and their assets
Click the links below to find out more about us.
Website | GameDAO dApp | Documentation | Blog | Twitter | Discord
About Acala
Acala is an Ethereum-compatible smart contract platform optimized for DeFi and scaling DApps to Polkadot. The blockchain has built-in DeFi protocols for application developers to leverage, including a decentralized stablecoin (Acala Dollar — aUSD), a trustless staking derivative (liquid DOT — LDOT), and a decentralized exchange.
Linktree | Discord | Website | Twitter | GitHub | Wiki | Newsletter | YouTube
