• January 18, 2022

Decentraland Makes an Investment in Decentral Games Token

Pioneers of decentralized metaverse, Decentraland, have partnered up with play-to-earn metaverse poker DAO Decentral Games (DG). Decentraland made an investment into $DG, the native and governance token of the Decentral Games platform.

The funding (unspecified) will help with the roll-out of DG’s latest play-to-earn venture, ICE Poker. The game offers a unique economic architecture to players through play-to-earn tokens and deflationary in-game currency, which users will earn primarily through gameplay.

Holders of $DG tokens will receive numerous advantages as the launch of ICE Poker will usher in more daily active user accounts, and an increase in cash-flows to the DG DAO from wager-based transactions on the platform. This year alone, the $DG treasury has grown from $500K to over $12M in just a few months, and ICE Poker is set to increase that number.

The Decentraland Foundation is thrilled to support Decentral Games in its new play-to-earn gaming in the metaverse,” stated Agustin Ferreira, Foundation Lead at Decentraland Foundation. “The free play-to-earn architecture has undergone phenomenal growth of late, and we believe it will enable the Decentraland platform and the community to continue on the journey of decentralized expansion.”

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.

Ivelina is an NFT and Blockchain lover. She has a knack for putting complex concepts into simple words.

Tags:

admin

Read Previous

Leave a Reply

Your email address will not be published. Required fields are marked *