Becoming the House: An Exploration Of Decentral Games’ Mission to Drive Metaverse Adoption

Becoming the House: An Exploration Of Decentral Games’ Mission to Drive Metaverse Adoption

By Edward Moon | Analysis From Moon | 18 Aug 2021


The disruptive potential of blockchain and cryptocurrency assets and their ability to change our world is no longer a secret. Even the timeless casino and gaming industry, which has traditionally remained stable but consolidated under a handful of major corporate conglomerates, is currently undergoing a rapid period of reinvention. Decentral Games (DG), a next-generation digital entertainment company, is dramatically shifting the mechanics of the real-world gaming industry and outfitting the world’s most popular table games for the metaverse.  

Digital games of chance are a force to be reckoned with. The industry is expected to surpass a landmark milestone of $100 billion in value over the next 5 years. Despite the continued growth trajectory, there remains a lack of transparency and fairness in the space. As with gaming in the real-world, in the digital gaming space the relationship between “the house” and the player is typically an adversarial one, where more times than not, the house enjoys disproportionately more favorable odds - hence the popular old adage, “the house always wins.” Conversely, Decentral Games is driving a dramatic shift in this sentiment through the implementation of its groundbreaking play-to-earn model, a mechanism that actually aligns the financial incentives of the house and the players. 

Empowering Players to “Be The House”

Through its operating structure as a DAO (Decentralized Autonomous Organization), Decentral Games has effectively turned its players into owner operators. In minting the platform’s native $DG token, Decentral Games has created a system by which players can simultaneously play games while enjoying fractional ownership of the platform itself. This dynamic has become the core pillar of Decentral Games’ mission statement, empowering players to “be the house.” 

Owners of $DG tokens play a pivotal role in the platform’s governance by creating and voting on different proposals such as new games, tokenomics, and future developments. Players who use $DG in Decentral Games’ casinos have the ability to recoup part of their losses back in $DG, a unique feature that incentivizes long-term player participation on the platform.

However, the $DG token is more than just a governance token. At its core, ownership of the $DG token entitles its investors to the collective assets held in the platform’s treasury. As such, $DG investors decide how to allocate this capital. Presently, the treasury holds over $11M in assets, driven by the cash-flows of Decentral Games’ casinos, its token reserves, its virtual estate holdings within Decentraland, its NFT’s, and the cash flows generated through the platform’s Matic Validator Node. With a rapidly diversifying set of new revenue streams and appreciating assets, $DG token is positioned to see appreciation along with the rest of the treasury’s assets. 

Decentral Games’ Operational Security 

Despite rapid fluctuations in the broader cryptocurrency market, Decentral Games continues to remain in a strong financial position due to having its operating expenses fully covered from the yield of interest-bearing assets alone. Decentral Games’ token reserves, collectively referred to as the Ecosystem, are invested in stablecoins which generate a stable yield in interest of roughly $150,000 per month. This strategy allows Decentral Games’ staff and investors to maintain peace of mind amid periods of great volatility in crypto markets, making the project among the most secure investments in the space.

Using different DeFi protocols $DG token holders are also in no shortage of options when it comes to increasing the yield on their assets. Investors can secure their tokens in varying liquidity pools for up to ~200% APY. To earn and have a say in the DAO operations, the Govern-to-Earn staking reward also yields 22% APY in profits. Users can further enhance their earnings by creating a stream of passive income through the platform’s referral program, which enables the referrer to earn 10% of the losses incurred by the referred.

The Decentral Games Metaverse: A World Of Potential

While there are varying blockchain projects aiming to revolutionize gaming, Decentral Games is enjoying a competitive advantage as the front-runner in this space by immersing its players within the world of metaverse. Built within the virtual world of Decentraland, Decentral Games provides an unmatched gaming experience where players can socialize, explore, and of course, earn money all within its high-quality virtual environments.

Decentral Games currently offers the world’s most popular table games including blackjack, roulette, slots, and a beta version of Texas Hold’em poker. The platform manages multiple casino venues, each featuring unique designs and aesthetics:

  • Tominoya: Offering roulette, blackjack and poker, the Japanese inspired building has two floors, each consisting of three wings. It even has a conference center for live streams.
  • Chateau Satoshi: Featuring a casino (roulette and blackjack games), a nightclub and a theatre, it is located near the Decentraland Genesis Plaza.

Decentral Games has also developed a robust business-to-business product which allows brands to launch and design their own branded casinos within the metaverse. Recent partnerships include the Avengers-themed DEXTools lounge, the underwater Aquarium casino, and even a riverboat-themed venue in partnership with Bored Ape Yacht Club (BAYC). Earlier this year, iconic gaming company Atari launched a casino in partnership with Decentral Games and hosted a massive grand opening party which drew in several thousand concurrent players. The event even featured a livestream performance from superstar electronic music producer Dillon Francis.

The music entertainment vertical is another high-growth avenue Decentral Games is beginning to pursue. The world-renowned nightclub brand Amnesia Ibiza recently reached a partnership with Decentral Games which will soon manifest in a one-of-a-kind virtual nightclub experience. As live music events have been slow to return to the real world, influencers and artists are turning towards livestreaming in greater numbers than ever before. Decentral Games’ digital nightclub will allow artists to connect more closely with fans in the world of virtual reality as the pandemic continues to delay the return of public events.  

Decentral Games’ development expertise and thought leadership has presented innumerable opportunities for partnership with brands and influencers looking to secure their future in the world of virtual reality. Even major blockchain brands have also taken notice of their forward thinking strategies as Coingecko, Polygon, and Rarible, have all consulted Decentral Games to assist in the development of their own virtual offices within the metaverse. Presently, the strong trend towards adopting metaverse technology has positioned Decentral Games to be a primary beneficiary of the ongoing institutional rush to secure their position in the future of the metaverse. 

The Metaverse: The Next Technological Frontier

Decentral Games is rapidly becoming an established and trusted name in the gaming space, but to reduce Decentral Games to a digital gaming company alone is an oversimplification. Decentral Games is about unlocking the potential of future cutting-edge technologies and advancing the development of the metaverse - the next technological frontier. 

The intersection of gaming and blockchain technology is a tried and tested combination, but Decentral Games is additionally raising the stakes by exploring new untapped verticals in the worlds of live music, digital commerce, NFT’s, and so much more.

A trailblazer in the space, Decentral Games has achieved a series of “firsts” that will continue to make an impact in the broader future of metaverse development in the years to come. It was the first DAO to own and monetize virtual land, and more recently, it earned the title of “world’s first metaverse employer”. Today, over 2 dozen paid casino hosts play an important role in community-building within Decentral Games, as they welcome new players into the immersive world of the metaverse for the very first time. 

For its efforts, Decentral Games has grabbed the attention of key institutional investors. Just last month, the platform completed a pivotal $5M capital raise with partners Collab+Currency, Genesis Block Ventures, Cluster Capital, and AU21 Capital with the goal of expanding its growing team in order to accelerate its aggressive development plan. 

For more information on what’s next in Decentral Games’ development pipeline check out their product roadmap on the platform’s official blog.

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Edward Moon
Edward Moon

Crypto trader and analyst.


Analysis From Moon
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