A gaming DAO, players in control!

Describe your solution to the problem

DAO's make it possible to step away from centralized organizations. With this project, we will achieve this: gamers in control!

Relevant experience

Business and Project Management, Entrepreneurship,crowdfunding

Website/GitHub repository (not required) https://cryptrolls.io/

Detailed plan - Fill in here any additional details

Cryptrolls fits Cardano philosophy, fits this challenge

With this Decentralized approach to a big gaming concept, we are convinced this fits the philosophy of the Cardano Foundation and its followers.

Guiding questions

Present centralized owned Gaming Companies.
Revenues end up with a small group of people.
Gamers have little to no input in game development.
Can DAO actually start up such complex processes?

Possible solutions

Blockchain provided the possibility to step away from centralized organizations.
DAO provides new possibilities to develop decentralized organizations.
DAO gives end-users the opportunity to be part of the decision-making process.
Create a gaming DAO.
DAO functions as a treasury for games

Challenges/questions

Can a startup project like gaming be too complex for a democratized DAO? A challenge carried by the sentiment of this noble pursuit of "everything for, from, and with everybody," is the complexity of fast development. The democratized setup in which everybody has an equal vote in the decision-making process might be too slow and time-consuming for a start-up project. The lean start-up approach might be the preferred way of going through the first creating and development phases. Once the basic concept is running, it could be handed over to the community by a DAO construction.

Our approach

We believe a lean startup concept is the best way to realize a Gaming DAO. A compact team creates and builds a working, and financially healthy, gaming project. When this is achieved the DAO will get into a position to take it over, the project is handed back to the gaming community to develop it to the levels they have in mind.

DAO treasury and governance

The DAO will become a treasury for all the games which will be developed within the DAO. This treasury will be created through a strong liquidity program in which staking and farming (LP) are the key components. The DAO treasure will be a liquidity provider to the crypto market. This has a lot of potential in generating yield and building a substantial treasury. The DAO will use funds to invest in the games for maintenance, development, and marketing purposes for token holders.

Governance plays a significant role in a DAO. It's the way the DAO functioning. By owning DAO tokens, one can have a role within the DAO and or have voting rights to guide the development of the DAO and gaming

How to Finance?

Although Venture Capital can be beneficial and tempting at the beginning of the start-up of projects like this, it also brings in the centrally organized mentality with it, which is that potential large profits end up with a small group of people. Cryptrolls will have another approach. From the start, Cryptrolls will focus on the project's end-users, the players—investments through the masses. It will give the players, the community, the chance to be early investors in their own projects. One of the early tools to provide funding for this project will be through the sales of a couple of NFT series. These NFT's will have utilities in the games.

With choosing this decentralized path the difficulty is getting through the very early phase of the game development. It needs capital to hire good game developers to show and prove the first steps. This way we can achieve a position in this very competitive market. Having a starting capital will us allow to get through this early development phase and allow us to present a project in the making.

Roadmap

We prefer working with a trajectory of reached goals. In this innovative world of blockchain technology, it's hard to put a date on development (as we all know by now). Since it is asked to provide, we make a date-based estimation of our development:

Phase one: 0 - 3 Months

Getting right developers on board
Start with research on DAO protocols, SC models

Phase two: 3 - 6 Months

Developers working on SC
Advisors meetings
First draft DAO model
Tokenomics - governance concept

Phase three: 6 - 12 Months

Developers working on SC
Advisors meetings
Final version of working DAO
Release tokens DAO

The expected partly  - full working DAO Q4 2022

Budget plan first stage development for functioning DAO

Blockchain / SC developers 62,5K (2 position, 250h p/p)

Marketing 7,5K ( pr / social media )

Website: https://cryptrolls.io/

Discord: https://discord.gg/SxR4Q9PGHu

Twitter: https://twitter.com/cryptrolls

Team:

Bart Founder & Project Manager
Torben Blockchain Development

Requested funds in USD 70.000,-

Proposals that haven't indicated that they have included all items in the checklist by end of proposal Finalize stage, will not be eligible for voting and will be archived. Submitted this proposal to only one challenge, Included identifying information about all proposers, How my proposal impacts the challenge metrics, How I address the challenge question, Definition of success after 3, 6 and 12 months, Broken down my budget requirements, Defined expected public launch date.

Which of these definitions apply to you? Entrepreneur