Last updated
Last updated
The organization’s mission is to create the biggest virtual world economy, optimizing its community-owned assets for maximum utility and sharing its profits with its token holders.
RISE’s goal is to maximize the value of NFTs used in virtual worlds and blockchain-based games. Its protocol is automated by smart contracts instructed by consensus through the DAO based on governance proposals and voting of a distributed network of token holders.
The DAO consists of a discord server for governance proposals, transparency on the state of the treasury, ability to buy/sell $RISE token, and active gaming lobbies happening for other members of the DAO who want camaraderie and connection with other games in the Web3 P2E games that they enjoy playing most.
On top of that, governance proposals will all happen in and connected the similarly named discord channel where members can add their input and feedback on the active proposals.
The core vision behind this DAO is to create passive income for P2E gamers. Whereas in the past gamers had to consistently put in hour after hour to earn from their gaming time, now when you receive assets in the P2E games, these assets can yield some real world returns, to reflect the value it has to other players.. This will incentivize people to: Continuing playing and supporting the P2E games that we all play Holding/staking their $RISE tokens which secures the value of the token for future DAO members and increases the price of the token for everyone involved Create proposals for how what we should collectively buy with the sum of tokens in the treasury
This solves multiple problems: Having to play these P2E games hourly to get paid (rather than receiving passive income) Not having a community of friends and gamers to vibe with while grinding P2E games Not having enough money to buy expensive NFTs, but want to participate in the P2E market of a particular game. And much more
One of the most exciting prospects for this P2E gamer DAO community is that with the shared collective treasury of all the earnings total from everyone in the community, the community will be able to vote on what types of more expensive token purchases they want to make in the game and which can then be widely distributed throughout the DAO in the form of, for example, Airdrops.
What if, just by being a part of the DAO, you were airdropped an NFT with inherent blockchain value? Now you can!