What is Decentral Games (DG)?
Decentral Games is a platform that features play-to-earn games. The main game offered by the platform is ICE Poker, which is a free metaverse poker game. The game has its own currency called ICE, which incentivizes poker players.
The platform is managed and maintained through a Decentralized Autonomous Organization (DAO) by the members of the community. Thus, Decentral Games provides game lovers with the ability to regulate its system and make sure that rules are adhered to as well as problems are solved by means of the DAO. Besides, they are responsible for handling funds. With the help of open-source logic, they can provide fair evaluations in case of disagreements. Additionally, users have access to fast transactions and can participate without having to reveal their identities
The Decentral Games ecosystem uses two blockchain networks. Decentraland, where its users can produce, experience, and make money from content and applications is the first one. The second is Polygon, which provides smooth, rapid, and cost-effective transactions on the Ethereum network.
The Decentral Games platform has its own cryptocurrency called DG, which is based on Ethereum's ERC-20 protocol. This token is primarily meant to be used within the DG system. The live Decentral Games price is featured on the price chart above.
DG Use Cases
As it is a DAO-based community, users who hold DG tokens can participate in the governance of the project. To put forward or vote for proposals, users must own xDG crypto tokens. They can acquire xDG by staking their DG tokens.
Besides, the DAO has set up a system where 1% of the total DG coin supply must be used to submit a proposal, and at least 4% needs to be pooled together within 7 days for a decision to be reached. Those who stake their tokens can access the governance dashboard and utilize their voting power accordingly. As an added bonus, users may receive more DG tokens as a reward for taking part in this process. To know the value of these rewards, you can check the price chart above for the current Decentral Games price.
However, the process of obtaining DG tokens, also referred to as mining, is done not only by governing the project. Users are also rewarded with DG for supplying liquidity to the MANA-DG and DAI-DG 98/2 Balancer pools.
Additionally, as users play the games within the ecosystem, they can also be rewarded with DG tokens. Rewards are earned by doing certain activities such as betting, competing against multiple people at the same time, referring other players to join in on the game, and wearing DG-based wearables when playing.
Before acquiring Decentral Games crypto assets, make sure to do a thorough DG price analysis.
Who Founded Decentral Games?
The project was founded by Miles Anthony and Steve Becerra. Miles is a graduate of UCLA with a B.S. in mathematics and economics. He previously worked with the Flux project. Besides, Miles is also the CEO of Decentral Game. Steve, on the other hand, is the CTO of the project. In the past, he worked with such projects as Digipet, Mobimoney Profix, and Anything App.
DG Tokenomics
The max supply of DG tokens is 1 billion. The tokens were distributed as follows: 62% were given to the community, 20% were assigned to the development team with a three-year lock-up period, and the remaining 18% were distributed among early participants with a two-year vesting period.
The limited max supply implies that the token will become more scarce in the future. This might reflect positively on the DG price in the long run.
