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DAOLand

DAOLand

DAOLand is a unique combination of a DAO (Decentralized Autonomous Organization), a venture fund and an incubator aimed primarily at the NFT and GameFi industry

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Contents

daoland.io
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Decentralized autonomous organization (DAO)
Decentralized autonomous organization (DAO)
Pitchbook URL
pitchbook.com/profiles...503376-04
Date Incorporated
October 2021
Investors
Lotus Ventures
Lotus Ventures
0

Other attributes

Company Operating Status
Active
Medium URL
medium.com/tag/daoland

DAOL members will have access to the most promising games and tokens long before everyone else thanks to the innovative Participate-to-Earn IGO (Initial Game Offering) platform. DAOLand brings together the most promising GameFi projects and early adopters, both players and token holders.

DAOLand operates on a dual token model where one asset, DLD (BEP-20), is freely traded on exchanges and can be staked to earn a second token, DLS. In turn, DLS acts as an entry ticket to GameFi opportunities on the Binance Smart Chain and Ethereum blockchains through a dedicated cross-chain bridge. Support for Avalanche is also planned.

In 2021, NFT Play2Earn games made a sensation in the crypto market. These games reward players with tokens for winning battles, completing challenges, and so on; in addition, they have NFT tokens that can be bought and sold on blockchain markets. As characters, virtual earth, and artifacts become tokenized as NFTs, they gain value outside of the game - unlike traditional in-game items. Axie Infinity has become a symbol of GameFi. The project raised $860,000 in its seed round; the latest round brought in $150 million in funding at an incredible $3 billion valuation - on par with the world's largest game studios. Meanwhile, the AXS token skyrocketed from $0.5 to $150 in 2021.

As Play2Earn has become a mainstream trend, the number of new projects holding IDOs and being listed on exchanges has grown rapidly every week. It is becoming harder and harder for players and crypto users to spot promising new opportunities before they become too expensive to join.

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