DAO Gaming : Let’s Build Decentralized Autonomous Organizations in Blockchain Gaming

A Decentralized Autonomous Organization(DAO), also called Decentralized Autonomous Corporation(DAC) is a kind of organization that serves by smart contracts executes the agreed-upon decisions, and at any point, proposals, voting can also make a decision, code can be publicly audited.

DAO is very transparent, controlled by the members of the organizations, and not governed by a central authority.

The transaction records and the program rules of a DAO are maintained on a blockchain network.

A decentralized autonomous organization is a working medium based on open-source codes.

The blockchain networks and the smart contract-based decentralized applications are mainly run by DAOs.

I think DAOs have five main differentiators compared to traditional organizational structures.

Tokenized Ownership

Automation via Smart Contracts

Decentralization by Design

Increased Transparency

Ease of Capital Formation

Play to Earn (P2E) Games in DAO Structures

The obvious revenue generator for creators is DAOs is play-to-earn (P2E) where gamers are needed to pay specific fees to open various features or speed up the game.

Now, Yield Guild Games (YGG) is a gaming guild focused on blockchain play-to-earn games. It is a Decentralized Autonomous Organization (DAO) that invests in non-fungible tokens (NFTs) and Digital Assets main goal is to create a network of players and investors who help each other get begun to grow in the NFT gaming space.

To know more info >> DAO In Blockchain Gaming