Decentral Games is pleased to announce we’ve reached a partnership with Decentraland to initiate the next wave of play-to-earn expansion. As pioneers in developing the world’s first iteration of a decentralized metaverse, Decentraland poses the ideal testbed for the rollout of our play-to-earn ICE Poker, which we believe will serve as a standard bearer for future play-to-earn metaverse developments.
As part of the initiative, Decentraland has made an investment into $DG, which will continue to be the overarching governance asset of our platform. The success of ICE Poker will continue to prove advantageous to $DG investors in the long term. With it, ICE Poker brings the promises of an increase in daily active user counts, and an increase in cash-flows to the DG DAO from wager-based transactions on our platform. This year has already seen monumental growth for the $DG treasury from $500K to over $12M in a matter of months, and we remain strongly optimistic about the upside potential of our capital position with the advent of ICE Poker.
In our nascent state, Decentral Games previously worked with Decentraland to develop several signature games for Decentraland on a white label basis. Given our history and natural synergies, this partnership with Decentraland is a no brainer. Decentraland shares our vision for the ongoing disruptive potential of play-to-earn and the future of GameFi.
To illustrate the runway for growth we are chasing, we can look to Axie Infinity, which recently became the top revenue gaming project across all existing blockchains. The project recently eclipsed monthly revenue of $230M and has amassed 271K daily users, showing the appetite for innovation in this space has only just begun to explode, and DG will be an early mover to meet the growing demand. According to Decentraland’s Agustin Ferreira, Foundation Lead at Decentraland Foundation, “Decentral Games is the ideal party to spearhead the next generation of play-to-earn.”
“The Decentraland Foundation is thrilled to support Decentral Games in its new play-to-earn gaming in the metaverse,” Ferreira continued. “The free play-to-earn architecture has undergone phenomenal growth of late, and we believe it will enable the Decentraland platform and the community to continue on the journey of decentralized expansion.”
To learn more about ICE Poker, visit our white paper published on our website. For a deep dive exploration on the earning potential in GameFi play-to-earn style architecture, check out the feature article published by Venture Beat.
