The next office hour session is on Wednesday, October 5th at 8.30pm ET.
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Interesting, what would a games vertical look like in your books? I’d be interested in joining!
From my understanding talking to the community, whales are never going to fund a game that doesn’t return funds to the treasury. I think we’ll need to dig into this further if we ever want to fund and develop a game with the DAO.
Setting up a sub-DAO is a big undertaking, so there would need to significant buy-in and people onboard to set a gaming sub-DAO up and run it. I’d like to get Cartan’s advice on the subject.
I’ve had an idea about this for a while… the DAO funds a hackathon/game jam, and the winner gets that game put into full production. That way you know the money’s going into an idea that has already proven its popularity/traction somewhat! Anyway, would be interesting to discuss.
I hit you up on Twitter under the MyX app account.
Great time on Board Meeting. I don’t know if I really got my ideas across the best because they are all fairly new, but I know there’s something here. Cxmmunity brings relationships that can help the situation, namely connections with 50+ colleges and active, high level partnerships with gaming companies including Riot Games and XBox.
I am brainstoring an AIP working towards a game jam at our colleges after my current one gets voted on; would love to hear more about how your ideas could maybe work together with this.
My main takeaway, and someone else said this as well, I believe — the DAO can work its way up to that AAA game. There’s plenty of room in the indie game market to build many projects in parallel with smaller budgets, and have a gaming division become profitable with less risk to the DAO. Possibly work towards building a site like Newgrounds rather than a single IP?
One project in particular, Non Fungible Arcade, I think is doing this model justice. Their socials have grown steadily in the bear market because they are creating these little fun 8-bit-era-type games, but the hook is they are incorporating top NFT communities as characters into the games.
If we integrated schools/education/game jams with this, perhaps the whales would be more amenable to the proposals because they have a branding/educational/non-profit-ish/outreach to web2 component. But we are definitely working towards the full scale, AAA, for profit launch that will be a mainstream hit.