Within the blockchain space, we’re used to seeing Decentralized Autonomous Organizations (DAOs) set up for all kinds of ecosystems and projects. But Alien Worlds, a popular play-to-earn blockchain game, has applied the concept of a DAO in a way we’re not used to seeing; within a gaming ecosystem.
As has been recently announced, Alien Worlds has set up 6 different DAOs within its gaming universe that will compete against each other.
To participate in a DAO, Alien Worlds users need to hold its native Trilium token (TLM) and can also stake the tokens to earn more. Once they do this, users can vote on changes and decisions to be made within their own DAO, all of which are based on the WAX blockchain.
According to the management of Alien Worlds, these DAOs have been set up to foster more competition among users. It is one thing for one user to compete against another but entire communities where users can vote on strategy and decisions can bring in a whole new level of interaction.
“It’s the first time in history that DAOs have been put inside a game to compete against each other as teams and hold or create their own NFTs,” says Alien Worlds co-founder Sarojini “Saro” McKenna.
Want more? Connect with NFT Plazas
Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram
*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
Tokoni Uti has written extensively on blockchain and cryptocurrency for years. Her work has appeared on sites like BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.