Welcome to the 10th edition of the Decentral Games Newsletter! Our objective is to keep the Decentral Games community informed regarding upcoming events, news, product updates, and governance proposals. Join our Discord and follow our Twitter.
Last Week’s Summary
Last Thursday, the INDEX DAO approved The Metaverse Index ($MVI), built to provide exposure to the nascent metaverse space. The index features $DG with a 4.9% allocation:
“The opportunity here is to create an index that rewards long term investment in a decentralized and virtual future. The Metaverse Index is designed to take a view that the future of entertainment, sports and business will shift to a virtual environment and that economic activity will take place on the Ethereum blockchain within this metaverse.”
Decentral Games will be hosting an $MVI launch party in the casino next month!
The DG poker beta now synchronizes user PLAY balances with the DG database and features improved all-in and fold logic. Join our #beta-testers Discord channel to continue to test and give valuable feedback.
Treasury Update
Last week, the DAO treasury grew from $6.92 million to $7.27 million USD in digital assets. Following a passed gov proposal, ~$150k of the gameplay treasury was moved to ETH, paired with $DG, and deposited into the ETH-DG Uniswap LP, bringing the DAO’s LP share to 13.01%. Following another passed gov proposal, ~$150k of the gameplay treasury was moved to USDT to provide gameplay liquidity upon integration.
Additionally, the DG Team has moved all its MATIC tokens (1,057,985 MATIC with a current value of $349,622.84) and operations of the DG Polygon/Matic validator node into the DAO. This way the DAO will receive all MATIC block rewards as a passive revenue stream and will be able to summon votes to increase the commission rate if needed (currently 0%).
For a full breakdown of the DAO treasury, visit the dashboard.
Press
CoinTelegraph: Gambling tokens hit the jackpot as COVID-19 lockdowns drag on
CoinNewsSpan: Blockchain Cuties Universe & Decentral Games Join Hands
This Week’s Events
Virtual events bring the community together each week to play games, hang out, enjoy live music, discuss $DG governance, and win prizes! Don’t miss out on the following events this week:
Monday, March 29
Crypto Casino Night with DJ performance by Adam Oam @ 9pm - 10pm UTC featuring $7,500+ USD in prizes | RSVP | Add to Calendar | Hop in
Tuesday, March 30
XETA Live NFT Auction @ 10pm - 11pm UTC featuring $400+ USD in prizes | RSVP | Add to Calendar | Hop in
Wednesday, March 31
Autograf Live Set + FREE PLAY Casino Night @ 9:30pm - 10:30pm UTC featuring $1,000+ USD in prizes | RSVP | Add to Calendar | Hop in
Thursday, April 1
DG Hodlers Round Table @ 7pm - 8pm UTC | RSVP | Add to Calendar | Hop in
FREE PLAY Competition - Late Night with DG @ 6pm - 7pm PST (1am - 2am UTC) featuring $1,000+ USD in prizes | RSVP | Add to Calendar | Hop in
Friday, April 2
Crypto Casino Night with DJ performance by Xtasik @ 9pm - 10pm UTC featuring $7,500+ USD in prizes | RSVP | Add to Calendar | Hop in
Check our events page for easy access to upcoming events!
Development Focus
This week, the DG team is working on:
Personal player score during competition on bottom of competition UI
Formatic wallet integration to enable login/onboard with email
MANA/DAI deposits directly from Decentraland
Roulette + blackjack optimization
DAI/MANA based affiliates system + dashboard
Poker optimizations: ability to add chips in between hands, allow new players to join mid game and be dealt into next hand, etc
USDT integration to games
Have a great week! 🚀 $DG
About Decentral Games
Decentral Games is the first DAO-governed metaverse casino. $DG hodlers vote on treasury management, economic policy, and game development to grow and strengthen the $DG ecosystem.
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