Decentralized Autonomous Organizations (DAOs) have taken on many different forms since their inception, and one unique example can be found in Alien Worlds. In this game, DAOs are referred to as “Planetary Syndicates,” and each of the game’s six planets is a separate DAO. These Planetary Syndicates elect custodians and compete against each other for a larger share of the game’s token, Trilium. Here are five reasons why Alien Worlds’ Planetary Syndicates are changing the gaming industry:
- Democratization of decision-making: Similar to traditional DAOs, the Planetary Syndicates of Alien Worlds are governed in a democratic manner. All members of the syndicate have a say in how the DAO operates, including decisions on how to allocate resources, which projects to fund, and which custodians to elect.
- Transparency: The Planetary Syndicates of Alien Worlds operate transparently, with all transactions and decisions recorded on the blockchain for all members to see. This ensures that members can hold each other accountable. Furthermore, the use of smart contracts ensures that all transactions are executed as intended without any possibility of manipulation.
- Community-driven: The Planetary Syndicates of Alien Worlds are community-driven and offer players an opportunity to work together towards a common goal. Each syndicate has its own unique identity and culture, with members from all over the world working together to achieve success in the game.
- Incentivization: The Planetary Syndicates of Alien Worlds are incentivized to compete against each other, as the more Trilium a syndicate has, the more rewards it can distribute to its members. This incentivization creates a healthy competition among the syndicates, driving innovation and growth within the game.
- Gaming innovation: Alien Worlds’ Planetary Syndicates are a prime example of the innovative potential of blockchain-based gaming. By integrating DAOs into the game’s structure, Alien Worlds has created a unique gaming experience that allows players to participate in the governance on their own terms, this essentially amounts to gamified governance. This approach has the potential to revolutionize the way games are designed and played, with more emphasis placed on community-driven decision-making and incentivization.
The Planetary Syndicates of Alien Worlds represent a new and innovative approach to gaming, where players can participate in the governance of their virtual worlds. The democratic, transparent, and community-driven nature of these DAOs offers players a unique gaming experience and creates an environment of healthy competition and incentivization. As the gaming industry continues to evolve, DAOs like those found in Alien Worlds will undoubtedly play an increasingly important role in shaping the future of gaming.