Welcome to the 49th 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
2021 in Review
2 Month Revenue
ICE Poker
Token Migration progress
Development Focus
2021 in Review
Gm and happy holidays! 2021 has been an amazing year of progress for Decentral Games, and we’ve positioned ourselves for exponential growth in 2022. Buckle up. Here are a few milestones to reflect back on as 2021 comes to a close:
Accumulated 1,007 parcels of Decentraland LAND for ~$1.4M USD (current value: $16.6M USD)
Built up and staked MATIC position to host 6th largest Polygon Validator node ($3.7M USD self stake, $194M USD total staked)
Developed npm package to enable the seamless deployment and updating of our games on any metaverse scene
Developed partnered venues for Atari, BAYC, Amnesia Ibiza, DEXT, and more
Launched play-to-earn metaverse poker (ICE Poker) across two venues - DEXT Lounge and the Stronghold
Dropped 5 lines of ICE Poker wearables (3,250 NFTs), raising over $3M USD for the treasury (with a 6th line coming this week)
Surpassed 6k total DAU amongst 9 metaverse venues
Split the DG token 1:1000 and added staking via xDG to make DG governance more accessible
Established all LP positions in DG and ICE for $17M in self-provided liquidity in the DG treasury (in order to eliminate LP rewards that cause emission)
We are excited to continue our mission of driving metaverse adoption through sustainable play-to-earn economics that provide opportunity for the DG community. We are confident we can solidify Decentral Games as a leader in blockchain gaming and the open metaverse in 2022 – and we are happy to have you all with us on this journey!
2 Month Revenue
Before we dive into this newsletter, I’d like to share our revenue numbers from the last 2 months. Over the last 2 months, the DG treasury has generated $4,059,988 in revenue and now holds $59,154,639:
$3,076,336 - ICE Poker NFT Mints
$663,091 - table games
$199,217 - ICE Poker NFT OpenSea royalties
$121,344 - Polygon validator node rewards
ICE Poker NFT sales and royalties have expanded Decentral Games’ revenue streams and now account for 81% of all DG treasury revenue.
ICE Poker
ICE Poker daily active players continues to climb, currently at 2,680 with 3,250 ICE Poker NFTs in circulation. We even had 521 concurrents spread across the ICE Poker lounges playing poker and earning ICE on Christmas.
NFT Drop #4 - Crypto Drip
On Monday, we held the 4th ICE Poker NFT Mint featuring the Crypto Drip line.
Over 5 times as many visitors were on the site ahead of the drop compared to NFTs available. Within 5 minutes, the entire line had sold out, raising 312.5 ETH in proceeds for the DG treasury. The funds were used to fortify LP positions in DG-ETH, DG-MATIC, and ICE-USDC.
To purchase an ICE Poker wearable NFT from the secondary market, you can do so via OpenSea.
Burn-to-Earn > 1
Monday marked the first day ICE crossed over into deflationary territory, as there were 10.6% more ICE tokens burned via the execution of wearable NFT upgrades than there were ICE entering circulation through earned gameplay rewards.
600,000 ICE burned via wearable upgrades
539,370 ICE earned thru gameplay burn-to-earn ratio = 1.112
NFT Drop #5 - Founding Fathers
This week, we will host the 5th ICE Poker NFT Mint featuring the Founding Fathers line.
This mint will be for 8,000 $ICE, which will lead to the burn of 10M $ICE in the process (around 20% of the circulating supply). The goal is to provide a monthly window to players who’ve been steadily accumulating $ICE by playing with a delegated NFT the ability to mint their own ICE Poker NFT.
The full announcement including the exact time of mint will be available on the Decentral Games blog shortly.
ICE Poker - Chateau Satoshi
The conversion of Chateau Satoshi to an ICE Poker venue is almost complete. This will enable us to support the influx of players from the 6th and 7th ICE Poker mints. We expect this new venue to be live within the next 1-2 weeks!
Delegation Dashboard
We’ve made solid progress on the ICE Poker delegation dashboard, which we are looking to deploy live in production to start receiving community feedback within the next weeks.
DG Token Migration
A week following the 1:1000 DG token migration and Governance V2, ~ 86% of the original DG tokens have been migrated to the new DG (circulating supply: 335,393,110 DG).
Read the full blog post here, and migrate your $DG tokens using our seamless step-by-step process here.
Caution: Beware of Phishing
Scammers impersonating the DG Team have been targeting community members through Discord DMs. 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 $59.15M USD.
ICE Poker NFT Royalties from OpenSea
The ICE Poker OpenSea collection has accumulated 1,000 ETH in total secondary market sales, generating 49 ETH ($199,217 USD) in royalties for the DG treasury.
Visit the Treasury Dashboard to view it in real time.
🏛 Governance Proposals
The DG Snapshot dashboard has been updated to allocate votes for both the old DG staked in DG Governance V1 (1,000 votes for each old DG) and the new xDG balance in your wallet (1 vote for each xDG).
To make a proposal, visit the Decentral Games Snapshot dashboard.
📆 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, Dec 27
Crypto Casino Night with DJ performance, featuring $2,500 USD+ in prizes up for grabs @ 9pm UTC / 4pm EST 👉 RSVP | Hop in
SpaceOne x DG x Banquet Countdown to the AstroTux Auction Day 1, featuring NFT wearable giveaways, Crypto Competition, and entertainment @ 10pm UTC / 5pm EST 👉 RSVP | Hop in
Tuesday, Dec 28
SpaceOne x DG x Banquet Countdown to the AstroTux Auction Day 2, featuring NFT wearable giveaways, Crypto Competition, and entertainment @ 10pm UTC / 5pm EST 👉 RSVP | Hop in
Wednesday, Dec 29
Exclusible Alpha & Theia Metaverse Party w/ wearable for all Exclusible NFT holders w/ live entertainment & $300 USD in $DG airdrops 👉 RSVP | Hop in
Chateau Satoshi Crypto Casino Night competition, featuring $2,500 USD+ in prizes up for grabs @ 8:00pm UTC / 3:00pm EST 👉 RSVP | Hop in
SpaceOne x DG x Banquet Countdown to the AstroTux Auction Day 3, featuring NFT wearable giveaways, Crypto Competition, and entertainment @ 10pm UTC / 5pm EST 👉 RSVP | Hop in
Thursday, Dec 30
Asia & Australia Crypto Competition, featuring $2,500 USD+ in prizes up for grabs @ 1pm UTC / 8am EST 👉 RSVP | Hop in
SpaceOne x DG x Banquet Countdown to the AstroTux Auction Day 4, featuring NFT wearable giveaways, Crypto Competition, and entertainment @ 10pm UTC / 5pm EST 👉 RSVP | Hop in
Friday, Dec 31
Decentral Games' 2021 New Years Eve Party & Celebration Sponsored by Klaytn and OKEx w/ $20,000+ in giveaways, entertainment and a 24 hour POAP scavenger hunt @ 12am UTC / 7pm EST 👉 RSVP | Hop in
SpaceOne x DG x Banquet Countdown to the AstroTux Auction Day 5, Auction Closing Day, featuring NFT wearable giveaways, Crypto Competition, and entertainment @ 3pm UTC / 10am EST 👉 RSVP | Hop in
Sunday, Jan 2
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:
5th ICE Poker NFT Drop - Founding Father
New ICE Poker - Chateau Satoshi venue
Improved DG Governance dashboard
ICE Poker delegator dashboard
ICE Poker gameplay optimizations
FREE Play tournament optimizations
About Decentral Games
Decentral Games is a metaverse-native gaming DAO building play-to-earn poker. DG Hodlers vote on treasury management, economic policy, and development to grow and strengthen the Decentral Games ecosystem.
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