Welcome to the 45th edition of the Decentral Games Newsletter! Our objective is to keep our community informed of development progress, treasury performance, and upcoming events. Join our Discord and follow our Twitter for more frequent updates.
✅ Summary
Decentral Games Surpasses 6k Daily Active Players
ICE Poker
DG Token Migration
Events Recap
Development Focus
Decentral Games Surpasses 6k Daily Active Players
Across the ICE Poker lounge and all other DG venues, Decentral Games has surpassed 6,000 daily active players.
ICE Poker
Following the 3rd Drop of 1,000 ICE Poker NFTs debuting the ICE Linens and ICE Bomber, the Decentral Games ICE Poker player base doubled overnight. The ICE Poker lounge now welcomes ~300-400 concurrent players.
Decentral Games is now the most popular destination in the open metaverse, welcoming 500-600 concurrent players throughout all venues during events.
3rd ICE Poker NFT Drop
The proceeds from ICE NFT Drop #3 have been added to fortify the ICE-USDC LP, now at ~$7M USD. We’ve identified several areas for improvement from this mint, and will make sure all future mints are smooth. If you missed the drop, you can view ICE NFTs for sale on OpenSea.
First Diamond Hands ICE Poker NFT Sale
The first Diamond Hands ICE Poker NFT was sold on OpenSea today! Here is a breakdown of the economics:
0.25 ETH mint - $1,018 USD
0.1 DG, 5k ICE, 50 XP upgrade - $721 USD
0.1 DG, 7.5k ICE, 75 XP upgrade - $1,054 USD
0.1 DG, 10k ICE, 100 XP upgrade - $1,387 USD
0.1 DG, 12.5k ICE, 125 XP upgrade - $1,719 USD
sale for 3.9 ETH - $15,901 USD
This this sale demonstrates the returns from playing ICE Poker and burning ICE to upgrade to rarer, flashier metaverse NFTs can outweigh short-term profits from simply cashing out ICE. A total of ~$6k USD in costs plus playing/reinvesting to upgrade the ICE NFT to the highest level has yielded a ~$16k USD sale.
ICE Poker NFT Royalties from OpenSea
Two weeks since going live, the ICE Poker OpenSea collection has accommodated 283 ETH in secondary sales, generating 13.867 ETH ($55,852 USD) in royalties for the DG treasury.
DG Token Migration
We are excited to officially announce the details regarding the $DG token migration this week! Notable new features that will be rolled out following this announcement are:
New DG Token (split 1:1000 from current DG Token)
New DG Governance V2
Decentral Games Governance (xDG) Token which enables auto-accrual and compounding of staking rewards
Main staking on Ethereum, but xDG support and liquidity on Polygon, which will enable people to enter $DG Governance positions from Polygon directly
DG treasury self-provision of $DG liquidity on both Ethereum (DG-ETH) and Polygon (DG-MATIC)
Events Recap
We kicked off our “7 days of DG” events lineup to celebrate the 1 Year Anniversary of Decentral Games and the DG being live on mainnet!
The line of events welcome live performances from renowned artists Autograf, Anjulie, and PopRoxx, as well as NFT giveaways and art displays. Check out our blog post for more details.
Caution: Beware of Phishing
It has been brought to our attention that there have been various phishing attempts from DMs within the DG discord with scammers impersonating the DG team. If you have any doubt, please reach out to a verified DG team member. DG team members will never request for you to connect your wallet to a non-DG site.
💰 DG Treasury Snapshot
The DG treasury now holds $56.51M USD.
Visit the Treasury Dashboard to view it in real time.
🏛 Governance Proposals
Will be implemented this week:
DG-xDG Pool on QuickSwap, which would provide liquidity in DG and xDG on Quickswap to accommodate DG Governance staking on Polygon following the token migration and DG Governance v2 rollout
Matic-DG Pool on QuickSwap, which would allocate MATIC tokens from the Polygon Validator Node stake to the self-provision of liquidity of MATIC and DG in a pool on Quickswap (Polygon)
DAO-Funded Uni-v2 ETH-$DG LP, which would allocate funds from the gameplay treasury towards the self-provision of liquidity of DG and ETH on Uniswap to reduce DG emission from LP rewards
To make a proposal, visit the Decentral Games Snapshot dashboard.
📈 DG Yields
You can currently earn yield on your $DG in the following pools:
Decentral Games Governance: 13% APR (in $DG) for $DG on Ethereum
Dinoswap: 32% APR (in DINO) for DG-USDC on Polygon
SushiSwap: 60% APR (in SUSHI and WMATIC) for DG-WMATIC on Polygon
📆 This Week’s Events
Virtual events bring the community together each week to play games, hang out, enjoy live music and win prizes! Make sure to swing by and claim your Decentral Games POAPs at the following events this week:
Monday, Nov 29
7 Days of $DG 1 year Anniversary Celebration - Day 5 - Hispanic Community Events showcase and live music, featuring huge $DG drops and special edition wearable giveaway - $DG Sweater v2 @ 10pm UTC / 5pm EST
👉 RSVP | Hop in
Tuesday, Nov 30
7 Days of $DG 1 year Anniversary Celebration - Day 6 - The Guild Artist Exhibition Celebration, featuring huge $DG drops and special edition wearable giveaway - $DG Sweater v3 @ 10pm UTC / 5pm EST 👉 RSVP | Hop in
Wednesday, Dec 1
$DG Token’s 1 year Anniversary Celebration, w/ Stand Up Comedian Tyler Morrison & Performance by DJ NALA, featuring HUGE AIRDROPS @ 10pm UTC / 5pm EST 👉 RSVP | Hop in
Thursday, Dec 2
$DG Hodlers Round Table w/ Miles Anthony, Co-Founder of Decentral Games, discussing biweekly updates, featuring $300 USD in $DG raffles@ 7pm UTC / 3pm EST 👉 RSVP | Hop in
Friday, Dec 3
NFT Crypto Casino Night featuring $2,500+ in prizes up for grabs, with DJ performance @ 9pm UTC / 4pm EST 👉 RSVP | Hop in
Saturday, Dec 4
The Mutant Cartel Meta Party and Crypto Casino Competition, featuring live music and huge prizes @ 9pm UTC / 4pm EST 👉 RSVP | Hop in
Sunday, Dec 5
SUNDAY FUNDAY Crypto Casino Night, featuring $2,500 USD+ in prizes up for grabs @ 11pm UTC / 6pm EST 👉 RSVP | Hop in
👉 Check our events page for easy access to upcoming events!
💻 Development Focus
This week, the Decentral Games team is working on:
DG Token Migration + Governance V2
Scaling to accommodate exponential increase in DAU
ICE Play-to-Earn Poker gameplay optimizations
ICE Poker delegator dashboard + daily/weekly/monthly leaderboard
FREE Play tournament optimizations
About Decentral Games
Decentral Games is a metaverse-native gaming DAO building play-to-earn poker, blackjack, roulette, and slots. DG Hodlers vote on treasury management, economic policy, and development to grow and strengthen the Decentral Games ecosystem.
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