Thread by @FourPillarsFP

1/ 🎮 @iskra_world
's community economy system is revolutionizing the gaming landscape. It's bringing an innovative approach, fostering cooperation & competition between users, game studios & the platform. Here's how it's reshaping #gaming...
medium.com/fourpillars/in…

2/ 👥 Iskra's key feature is its unique Community Economy System. It's designed to stimulate user engagement by sharing platform revenues with users, game studios, and even the platform itself.

3/ 🚀 Launchpad is another Iskra's signature service. It offers game studios the chance to debut their games on Iskra, while users get early access to these games and can vote on their favorites.

4/ 💰 Iskra operates on its native tokens - $ISK and PNFT. $ISK can be used as gonvernnance token when its staked($sISK) and PNFT acts as a premium membership for Iskra ecosystem.

5/ 🔥 20% of the revenue generated by Iskra platform is used to burn $ISK. This helps to maintain a healthy token economy and increases the value for the token holders.

6/ 🤝 A significant portion of the revenue is allocated to a community reward pool. The pool rewards are split between Iskra and the community members, effectively making Iskra a part of its own community.

7/ ✈️ Tokens allocated to the Community Reward Pool are airdropped to community members in a unique manner. This reward system creates a balance and ensures an equitable distribution of tokens across different tiers of members.

8/ 🎁 In addition to token airdrops, games launching on Iskra also receive promotional airdrops. Higher the community tier, better are the chances of getting into Launchpad, Initial NFT Offering (INO), and early access to the game.

9/ 🏛️ The Iskra DAO is the governance body of the platform, and its governance decisions are implemented by the core team. It allows users who stake $ISK to participate and create value for each other.

10/ 💥 This unique reward system leads to the creation of 'Power Games' – the governance events where different interest groups compete to get more rewards from each other.

11/ 📊 These Power Games can occur between pioneers owning PNFTs and explorers without PNFTs. They can also happen between game studios wanting to pay less to publish their games and users wanting studios to pay more.

12/ 👾 Iskra's model is innovative and it's a pioneering attempt in creating a truly decentralized gaming platform run by the community. However, the success of this model is largely dependent on the games being fun and able to attract enough users to play them.

13/ ⚠️ It's also worth noting that while Iskra’s plan to gradually hand over control to the community is exciting, it remains to be seen how realistic this plan is, and how effectively the core team implements the governance decisions passed in the Snapshot.

14/ 🚀 After one year since its launch, Iskra is starting to show signs of becoming a viable gaming platform. Its distinct blueprint separates it from other gaming platforms.

15/ 🎯 However, Iskra needs to focus on onboarding compelling games to the platform, while also developing a more mature community economy model. This is key to maintaining a thriving community and a robust token economy.

16/ 🌐 In conclusion, Iskra's community economy system creates a dynamic platform fostering cooperation and competition between different stakeholders. This is why many in the crypto sphere are excited about this experiment.

17/ 💡 Keep in mind, the success of this model is highly dependent on the games being fun and attracting enough users. The strength of the community economic model is tied to the popularity of the games on the platform.

18/ 👀 We'll be closely watching the journey of Iskra as they aim to provide a new model for the gaming platforms. We believe this experiment has potential to bring a new wave of innovation in the gaming industry.

19/ Thanks to @kate_soom for the graphics in the article!