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Decentral Games (DG) is a next-generation entertainment and play-to-earn DAO (Decentralized Autonomous Organization) at the intersection of the metaverse and NFT. The company is backed by key investor Digital Currency Group (DCG), whose principal subsidiary Grayscale is the world's biggest bitcoin and cryptocurrency fund manager. Decentral Games is a leading metaverse project and the world’s first to provide metaverse employment opportunities. Decentral Games develops 3D metaverse games on blockchain for both consumer and business markets. The games include NFTs, play-to-earn models, wager-based games, and 3D virtual events games revolving around music entertainment with immersive experience.
The decentral.games ecosystem revolves around the dgTreasury, which is an open and transparent casino house funds treasury, which would bankroll all games thereon. This would require a sufficient buffer of funds in order to cater for mathematical variance in the odds offered by the casino games. All fees collected from players will be collected in this treasury (in MANA and DAI), and it would also pay out players' winnings.
In order to promote community governance for the network, $DG would allow holders to propose and vote on governance proposals to determine features and/or parameters of the decentral.games ecosystem, with voting weight calculated in proportion to their token holdings. For the avoidance of doubt, the right to vote is restricted solely to voting on features of the decentral.games ecosystem, development of new features through allocation of treasury funds; the right to vote does not entitle $DG holders to vote on the operation and management of the Company, its affiliates, or their assets, and does not constitute any equity interest in any of these entities. Further, users would be incentivized with $DG to participate in governance of this novel ecosystem.
The native digital cryptographically-secured utility token of the decentral.games ecosystem ($DG) is a transferable representation of attributed functions specified in the protocol/code of the decentral.games ecosystem, which is designed to play a major role in the functioning of the ecosystem on the decentral.games ecosystem and intended to be used solely as the primary utility token on the network.
$DG is a non-refundable functional utility token which will be used as the medium of exchange between participants on the decentral.games ecosystem. The goal of introducing $DG is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on the decentral.games ecosystem, and it is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. $DG does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will $DG entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. $DG may only be utilized on the decentral.games ecosystem, and ownership of $DG carries no rights, express or implied, other than the right to use $DG as a means to enable usage of and interaction within the decentral.games ecosystem.
$DG would also provide the economic incentives which will be consumed to encourage users to contribute and maintain the ecosystem on the decentral.games ecosystem, thereby creating a win-win system where every participant is fairly compensated for its efforts. $DG is an integral and indispensable part of the decentral.games ecosystem, because without $DG, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on the decentral.games ecosystem. Given that additional $DG will be awarded to a user based only on its actual usage, activity and contribution on the decentral.games ecosystem, users of the decentral.games ecosystem and/or holders of $DG which did not actively participate will not receive any $DG incentives.
Gameplay rewards incentivize players with $DG for playing games with MANA or DAI, and is designed to jumpstart the ecosystem. Higher $DG gameplay rewards rates are given to players playing together at the same table to incentivize a lively virtual casino with a social atmosphere.
$DG gameplay rewards distribution is determined by the specific action performed by that individual player:
blackjack play-to-mine function - equation that determines $DG mined per MANA or DAI wagered in blackjack
roulette play-to-mine function - equation that determines $DG mined per MANA or DAI wagered in roulette
affiliate rate - a bonus rate for all wagers placed through addresses a player refers
multiplayer bonus - play-to-mine rate multiplier all players enjoy when playing with 2, 3, and 4 players at the same table
NFT wearable bonus - play-to-mine bonus for players wearing a decentral.games NFT wearable while playing games
$DG token holders may vote to change these variables in response to market conditions.
Gameplay rewards example
The play-to-mine rate is 1 DG for every 200 DAI wagered and the affiliate bonus is 10%. If Alice wagers 1,200 DAI and Bob (who Alice referred) wagers 1,000 DAI, then:
Alice mines 6 + .5 = 6.5 DG
Bob mines 5 DG
Multiplayer bonus example
Players playing at the same table together enjoy multiplayer bonuses: 10% for 2 players, 20% for 3 players, and 30% for 4 players. The play-to-mine rate is 1 DG for every 200 DAI wagered, and Eve and Mallory are playing blackjack at the same table so they enjoy a 10% multiplayer bonus. If Eve wagers 1,600 DAI and Mallory wagers 1,200 DAI, then:
Eve mines 8 DG + [8 * 10%] = 8 + .8 = 8.8 DG
Mallory mines 6 DG + [6 * 10%] = 6 + .6= 6.6 DG
Multiplayer bonus + NFT wearable bonus example
Players playing at the same table together enjoy multiplayer bonuses: 10% for 2 players, 20% for 3 players, and 30% for 4 players.The play-to-mine rate is 1 DG for every 200 DAI wagered, and Eve and Mallory are playing blackjack at the same table so they enjoy a 10% multiplayer bonus. Both are wearing 3 DG wearables which adds a mining bonus of +10% per active wearable. If Eve wagers 1,600 DAI and Mallory wagers 1,200 DAI, then:
Eve mines: 8 DG + [8 * 10%] + [8 * 30%] = 8 + .8 + 2.4 = 11.2 DG
Mallory mines: 6 DG + [6 * 10%] + [6 * 30%] = 6 + .6 + 1.8 = 8.4 DG
Governance rewards would allow $DG holders additional $DG for staking in the governance contract to vote for the first year of operations. It is important for a diverse community of users to step up to share and exchange balanced views on the overall direction of the project, and govern the decentral.games ecosystem, because the decentral.games team intends to fully handover such tasks to the community. It is these community members which would drive development of the decentral.games ecosystem, so $DG token incentives would need to be distributed to compensate them for their time, expertise and effort.
Following this initial phase, $DG governance may vote to extend governance rewards funded by the treasury.
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BACKGROUND (0/20)
AVATAR (0/59)
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Gameplay
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