Decentral Games has launched its own governance token that’s being rewarded by playing casino games inside Decentraland. People who own DG tokens receive governance rewards and voting rights, which will go live in the Spring 2021. Now the games are limited to blackjack, roulette, backgammon and slots. However, the developers are working on poker and craps.
The casino games by Decentral Games all work inside Decentraland. However, the developers have created these games completely on smart contract, making them provably fair. Players can use MANA or DAI to play and gamble. With the introduction of the DG token, the developers will distribute 62 percent of the supply to the community. Gamers can earn the token through gameplay or providing liquidity for trading.
An interesting mechanic is that all Decentral Games branded wearables inside Decentraland will provide a 10 percent boost on a player’s mining rate. So playing roulette wearing a shirt and matching pants will give players 20 percent more DG.
What is Decentraland?
Decentraland is a virtual world build on the Ethereum blockchain. Consumers can buy land within this world, and build anything. Currently ownership over virtual land is highly speculative, and the value of these lands increased significantly over the past year. Decentraland launched in February, and players can now visit by using a web browser on a desktop or laptop.
Within Decentraland people can build all kinds of businesses, including for example shops for in-game items, art galleries and games. Currently Matic Network is funding the development of additional games. Decentral Games and Metazone are some of the companies that create games within Decentraland. For example, Metazone is selling complete game installations. Landowners can earn money from those creations, while game creators earn a share of the revenue.
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Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a content manager and creator at heart, working on Play to Earn and for a variety of third party magazines and websites.