Splinterlands DAO Is Something Which Is Very Important
Lucky ali here and most welcome to my other blog this one is the social media challenge blog of Splinterlands. You know that any other #play2earn Crypto game is far behind the Splinterlands game. Also, this game has a DAO and DAO is a special system with different assets holding like Ethereum (ETH), Splintershards (SPS), USDT, and HIVE. SPS stakeholders get the benefit from this and as a stakeholder, you have many more benefits, and proposal voting is one of them.
Voting on a proposal is not a normal thing as you think because you are contributing to making changes in the game and you are showing your ownership in the game which true decentralization. You will be in a win-win situation even in the worst case but there is less chance that something like this will happen with the game because of the gaming clever system. And this type of system is only possible on the blockchain-like hive.
Another use case for the Splinterlands DAO is using its treasury to promote different voted proposals which is necessary to make changes in the game. Proposal voting is a nice system to follow the decentralization rules and users have the power to do it. Here we are going to discuss more use cases of DAO.
DAO is assigning resources to prize pools for ranked battles, tournaments, and multiple other gaming modes, and that's how the DAO helps to maintain the Splinterlands game economy this is a big thing and also necessary because this is a crypto game and everyone expects reward from this game and also this game is based on play to earn model so now it's necessary for splinterlands to provide amazing reward to their users. As I said everyone loves rewards so this encourages players to stay tuned and keeps players interested in multiple activities in the game.
Just imagine if there is no reward in Splinterlands? in this case, we all will stop playing for sure because we love rewards you know. Additionally, There are more benefits of the DAO treasury and it is, it may be used to burn tokens and purchase back tokens here I am talking about SPS and DEC tokens, which would possibly raise their value by decreasing supply. For long-term stability, DAO plays a crucial role and we should not forget that.
There are many more things that I can talk about the DAO but time is not giving us permission to discuss more about it I would like to know your amazing response regarding this discussion. Feel free to comment below and share this post using #play2earn and #splinterlands tags. Have a good day and new users join splinterlands under me the referral link is below. thank you.
Thank you
Lucky Ali
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Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
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