Decentral Games Newsletter #57
Weekly Update - February 20, 2022
Welcome to the 57th 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.
#1 Play & Earn Game by Revenue
ICE Poet Drop
#1 Play & Earn Game by Revenue
Decentral Games ICE Poker has become the #1 Play & Earn game in monthly revenue, generating $19.7M:
$8.2M in ETH mints
$6.2M in ICE mints
$660k royalties in ETH
$490k activations in DG
$140k upgrades in DG
$4M upgrades in ICE
This represents $236M annualized revenue – not including future growth.
🖋 ICE Poet Drop
DAU + ICE Poker Native Guild Growth
Following this drop, ICE Poker welcomed a record 9,583 daily active players in the metaverse.
And a record 3,341 native ICE Poker guilds.
This ICE burn was the largest yet, bringing our cumulative burn-to-earn (b2e) ratio up to 0.82. Since the launch of ICE Poker, 89,532,267 ICE has been burned, and 109,230,920 ICE has been earned via gameplay and delegation.
We are confident that following the deployment of the following additional ICE utilities, we can increase this b2e ratio to above 1:1 without solely relying on ICE wearables upgrades and mints:
Non-ICE cosmetic wearables mintable by burning ICE
Custom guild wearables mintable by burning ICE
Custom NFT emotes, cardbacks, etc.
Sponsored ads in ICE poker venues
ICE buy-in poker tournaments with wearables prizes
ICE Poker mobile wearables
🔨 Misc Updates
Frozen Tables Fix
We’ve pushed updates this week to largely fix the ICE Poker frozen tables issues that rendered certain tables unplayable in the past.
DG Account Page Optimizations
We’ve optimized the layout of the account page and account dropdown menu to prioritize ICE Poker information:
DG Balance Loading
We’ve pushed updates to the way we grab information from the blockchain – now, the DG balance modal loads almost instantly, delivering a much better user experience when arriving at and reloading the site.
💻 Development Focus
This week, the DG team is continuing work on:
ICE Poker Assigned Seating
Assigned seating remains our main priority development-wise, as it will most effectively address the issues around collusion and check-tables. We’ve made solid progress last week on this front, and will open up beta-testing to the community most likely next week.
Alongside assigned seating, we will add a cooldown period to further combat check tables.
We’ll add an IP check to ensure that players that share the same IP cannot join the same table to further combat collusion.
Premium ICE Poker Guild Features
Following this recently passed governance proposal, we’re adding several features to the Premium ICE Poker Guild dashboard to further enhance and gamify the native ICE Poker guild management experience.
Based on a snapshot taken on February 25, ICE wearables holders will receive 500 xDG per ICE wearable, and delegated players will receive 50 xDG. This airdrop was designed to jumpstart ICE Poker guild owners’ and players’ involvement in Decentral Games governance.
We will soon add an xDG staking requirement to access premium ICE Poker Guild tools, ICE Poker Guild Leagues, and player leaderboards with prizes. This airdrop will give ICE Poker Guild owners and players half of the necessary requirement.
Name your Guild and Players
We’ve completed development of custom guild names for guild leaderboard placement, and player names for easier tracking and management. These features will be rolled out with the release of the Premium ICE Poker Guild experience.
There will be 3 ICE Poker Guild Leagues:
5k xDG (5+ Players) - Fren League
10k xDG (10+ Players) - Ape League
25k xDG (25+ Players) - Chad League
Each league will rank top guilds by a guild score, as a function of their net chips gain divided and the number of active wearables:
Guild score = (net chips)/(number of wearables active)^0.9
This way, larger guilds will be slightly favored but not too much to the point that makes it impossible for smaller guilds to compete.
Player Lookup Tool
Also accessible to Premium ICE Poker Guild owners, the player lookup tool will allow guild owners to enter an address and see a record of any player’s historical ICE Poker performance to help with vetting.
Add a Manager For Your Guild
Premium ICE Poker Guild owners will be able to add a manager on their delegation dashboard that will have look-only access to their delegations and be able to facilitate and rescind delegations on their behalf.
This will create thousands of new jobs within the ICE Poker ecosystem, and even give delegated players the ability to strive towards player-ownership sooner by taking on a managerial job.
ICE Poker Mobile
We’re continuing development on a lightweight, mobile-focused ICE Poker experience that will enable greater accessibility and exponential scaling. We are excited to start testing ICE Poker mobile with the community next month.
DG Website Optimization for Mobile
Currently all Web3 functionality within the DG and ICE Poker ecosystem is only available on desktop. We have started development on bringing all website functionality - staking/unstaking DG, delegating ICE wearables, viewing your ICE Poker delegation dashboard, claiming ICE, upgrading wearables, etc. to your mobile browser through deep linking to authenticate via Metamask Mobile.
💰 DG Treasury Snapshot
The DG treasury now holds $60.39M.
ICE Poker NFT Mint Revenue
Last week, the ICE Poet drop generated 31,250,000 ICE ($4.6M) in revenue that was burned for ecosystem health.
ICE Poker NFT Royalties
Last week, the ICE Poker OpenSea collection accumulated 921.881 ETH in secondary market trading volume, generating 45.172 ETH ($126,482) in royalties for the DG treasury.
ICE Poker NFT Activation/Upgrade Revenue
Last week, 418,500 DG ($154,845) was added to the DG Treasury from ICE Poker NFT activations and upgrades.
DEX Trading Fees
Last week, there was $26,543,051 in trading volume across DG and ICE trading pairs, which generated $79,629 in trading fees for the DG Treasury.
Visit the Treasury Dashboard to view DG Treasury balances in real time.
🏛 DG Governance
The following proposal passed this week and will be implemented shortly:
Four initiatives to incentivize ICE Poker guild owners and players to hold xDG and participate in Decentral Games governance:
Airdrop 500 xDG per wearable to ICE Poker wearables owners, and 50 xDG to each delegated player
Make Premium ICE Poker guild management tools accessible only to ICE Poker guild owners that hold 1k xDG per wearable
Create three tiered ICE Poker guild leagues with monthly prizes in xDG
Create player leaderboard with monthly prizes in ICE Poker wearables and xDG accessible only to delegated players that hold 100 xDG
To make a new 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, entertainment and win prizes! Make sure to swing by Decentral Games for the following events this week:
Monday, Feb 21
Tuesday, Feb 22
DG x Guerilla Music present META-VERZUS Episode 4 w/ Host King Mizo, featuring this week’s contestants AYE1NE, 2OO2ALL, and MYNDSET to face-off in Stronghold $ICE Lounge! Vote for your favorite w/ $RAP token @ 10pm UTC / 5pm EST 👉 RSVP | Hop in
Wednesday, Feb 23
Thursday, Feb 24
Friday, Feb 25
Saturday, Feb 26
Sunday, Feb 27
👉 Check our events page for easy access to upcoming events!
DG Token Migration
97% of the original $DG tokens have been migrated to the new DG, which now has a supply of 405,585,439 DG. Read the full blog post here, and migrate your DG tokens using our seamless step-by-step process here on Ethereum or Polygon if you haven’t already.
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 DM you nor request you to connect your wallet to a non-DG site.
About Decentral Games
Decentral Games builds games that give players economic freedom through aligned incentives, self-custody and delegation of yield-bearing metaverse assets. Decentral Games’ play-to-earn metaverse poker game (ICE Poker) generates revenue for the DG Treasury through ICE wearable mints, secondary sale royalties, activations, and upgrades. xDG hodlers vote on DG Treasury allocation and economic policy to grow and strengthen the DG ecosystem.