Everybody's excited about DAOs, yet no one has really explored the implications of DAOs for gaming communities beyond the @YieldGuild model.
Sit back, grab a ☕️, have a gm, and come take a look at how DAOs will change the way gaming communities operate in 2022 and beyond:
(🧵)
In my latest @naavik_co piece, I go DEEP on gaming DAOs:
- 🤝Why DAOs work for games & gamers
- 🔮Where Gaming DAOs are headed next
- 🚧Obstacles to greater adoption
- ...and a whole lot more naavik.co/business-break…
The most successful DAO in gaming, Yield Guild has grown so large that it has spawned its own venture-backable subDAOs (the aforementioned IndiGG among them) egamers.io/indigg-secures…
Yet the world of gaming DAOs is much larger than just YGG.
Let's take a look at some of the emerging models 👇
🎮Gaming Guilds:
The model pioneered by YGG, these DAOs connect gamers to P2E opportunities, invest in gaming assets, & onboard the next generation of web3 gamers.
The type that raises the most 🚩🚩🚩 for industry professionals.
DAOs like @decentraland, @aavegotchi, and @staratlas are pioneering in this space, decentralizing game development in ways that represent radical departures from games industry norms...
...or do they?
EVE Online, World of Warcraft, and Old School Runescape have all experimented with incorporating player input into design decisions in the past.
Can game developer DAOs succeed in pushing even greater decision-making power into the hands of external stakeholders?
While these 3 formats are leading the way today, I believe we've only scratched the surface of what's possible.
Other DAOs I'm excited to hear more about in 2022:
- 🕹️Esports DAOs
- 🧙♂️Fandom DAOs (i.e. DAOs built around gaming IPs)
- 📣Gaming Creator DAOs
- 🏗️Modder DAOs
2022 will be the year of Gaming DAOs.
Not only because of the continued momentum behind DAOs & web3 broadly, but because there is A WHOLE LOT of $$$ floating around in search of investments.
Gaming DAOs have asymmetric upside for web3 funds: low risk, potentially high reward
On the other hand, skeptics are quick to dismiss interoperability as an all-or-nothing concept, i.e. something that is either full-blown Metaverse-ready, or never going to happen.
While there's truth to both perspectives, a lot of nuance has been lost in this binary view.