Decentral Games makes a monumental announcement on its DAO move
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Decentral Games makes a monumental announcement on its DAO move, marking the first-ever DAO-governed virtual land development entity
Built in Decentraland, Decentral Games is the first-ever metaverse casino owned by its users and provides provably fair casino games in a 3D metaverse. Since its mainnet launch in December, it experienced exponential growth of over 800 users with total bets of $8 million USD and total locked value of $5 million USD in just six weeks. Decentral Games now ranks one of the top on the dApps charts and its token (DG) is trending on Coingecko.
On January 20, Decentral Games announced the addition of 400 Decentraland LAND parcels to the DAO wallet – a $500,000 USD market value. Now, $DG token hodlers who create community proposals can vote to build out casinos, games, art galleries, and more on any of the 400 LAND parcels in the $DG DAO. This move will secure future expansion and boost the platform even further.
“This is a significant move for all Decentral Games’ stakeholders and communities, especially for the $DG hodlers knowing that vigorous expansion and growth are on the horizon. Moreover, to add even more value into the $DG DAO, we will be transferring 3000 DG (a $150,000 USD market value at time of publication) to the DAO to manage and allocate towards grants, development, marketing, etc.” said the Project Lead of Decentral Games, Miles Anthony.