Game Wallet Wars: Animoca Empowers DAO with Release Decision Vote

• The Launch of Wallet Wars: A Community Decision
• Continued Decentralization and Future Plans
• Introduction of DAO Voting in Business
• Funding and Growing Interest
• Game Mechanics and Future Improvements
• Additional Features and Fun Facts
• A Project Managed by JBPH Technologies

The Launch of Wallet Wars: A Community Decision

The decision to release Wallet Wars, a Web3 version of the 70s arcade classic Space Invaders, was not made by a traditional authority such as a marketing department or quality control team. Instead, it was a collective decision made by a decentralized autonomous organization (DAO) after the Balthazar DAO approved the launch with an 1,800-12 vote. This event took place on Snapshot, a popular DAO voting platform, and the game went live on December 15 after over a year of development.

Continued Decentralization and Future Plans

Further decentralization is planned for Wallet Wars, with its creator, John Stefanidis of Australia, explaining that future decisions, such as the launch of a cryptocurrency token BZR, will also be decided by a community vote. Stefanidis anticipates that in due time, the game will become entirely decentralized, with the original co-founders becoming less relevant as new contributors take their place.

Introduction of DAO Voting in Business

DAOs offer a unique model of collaborative governance, allowing token holders to vote on various ideas. While the use of DAO voting in business decisions is still relatively rare, there have been some instances of its implementation in the past. However, it is not without its challenges, as demonstrated by the closure of the Aragon DAO due to differing agendas among token holders, team members, and blockchain operators.

Funding and Growing Interest

Since its inception in September 2021, Wallet Wars has successfully raised $6 million. Its backers include significant names such as Animoca Brands and Kucoin Labs, who collectively value the project at $60 million. Interest in the game has surged in recent months, particularly since August, when the @WalletWarsGame handle was launched on X (formerly Twitter), which now boasts over 71,400 followers. The @BalthazarDAO handle has also amassed 57,000 followers, with the Balthazar community on Discord reaching 45,600 members.

Game Mechanics and Future Improvements

Wallet Wars operates on Ethereum$2,315 -2.42%'s scaling platform, zkSync, which uses zero-knowledge rollups to expedite transaction times while reducing costs. Gameplay involves users purchasing non-fungible tokens (NFTs), known as raw ships, with ether. A large portion of this cost, between 60% to 70%, is then added to a prize pool. The game's creator, Stefanidis, has acknowledged the community's input and plans to implement changes based on their feedback through future DAO votes.

Additional Features and Fun Facts

Wallet Wars offers a several games and ways to win, with players having the option to play for free using demo ship NFTs. However, to be eligible for rewards, they must make a purchase. A limited supply of raw passes, another type of NFT, provides premium access to the Wallet Wars ecosystem. The name raw and the game's rallying cry, Raw eht nioJ, is a playful reference to The Simpsons TV show. The phrase is Join the war spelled backwards.

A Project Managed by JBPH Technologies

Balthazar's operations are overseen by JBPH Technologies, a company registered in Singapore. The launch of Wallet Wars and its continued development is an example of how fully on-chain games may be the future of Web3 gaming.

Edited by Jonathan Stoker