⚔️Game-Specific SubDAOs
RISE will establish SubDAOs to differentiate the assets of each of the different games that RISE DAO partners with. In the beginning, the efforts will be concentrated This allows RISE the capability to manage the communities of each separate P2E games separately so that it prevents the bleeding of assets from multiple different games into one huge amalgamation of NFTs and tokens in the main treasury.
All assets in the SubDAO are fully-owned and controlled by the RISE main treasury but will be differentiated into a separate multisig (multi-signature) hardware wallet. A subDAO is tokenized, such that token holders can send proposals and vote concerning the mechanics of the specific game. The intention is to incentivize the community to put the assets under treasury management to play and to support all of the players of that SubDAO’s connected game.
We’ll include an allocation of $RISE tokens in selected subDAOs to align incentives between each subDAO to the main DAO. After all, the more successful the subDAOs are, the more successful RISE DAO will be.
SubDAO and RISE DAO are aligned with the systemic health of the Web3 ecosystem in that RISE/SubDAO will contribute to the expansion of metaverse NFT economy, especially in gaming, and will have a multiplier effect on the value of NFTs, in-game assets, etc. through our staking vaults.
The main treasury will own an undefined percentage of each subDAO that contains a set of NFT assets, governed by the treasury management team. The SubDAO community will own the rest of the percentage of the token and will be composed of players that put the assets to play.
The $RISE token will reflect the % ownership of each of the tokenized subDAOs, making it a subDAO index.
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