menuIcon
$ 87,531.9
BTC
$ 87,531.9
-0.46 %
$ 2,027.76
ETH
$ 2,027.76
-1.94 %
$ 0.7402
ADA
$ 0.7402
-1.80 %
$ 631.80
BNB
$ 631.80
-0.08 %
$ 138.85
SOL
$ 138.85
-3.63 %
Usha Yadav
Jul 23, 2022
by Usha Yadav

Solana-Based Gaming Metaverse Star Atlas Announces the Launch of DAO

Star Atlas DAO

Table of contents

  1. Star Atlas Virtual Gaming Metaverse
  2. DAO Used for Allocating Taxes
The Star Atlas DAO officially began operations on Thursday during the 426LIVE community event hosted by the Solana-based game metaverse Star Atlas. The DAO will use Star Atlas' POLIS governance token to let users participate in voting. According to the DAO, its voting escrow scheme favors community members with a solid long-term commitment to the Star Atlas vision. As a result, the company also disclosed POLIS locking, allowing holders to commit their tokens for five years.

 

Star Atlas Virtual Gaming Metaverse

Star Atlas is a virtual gaming metaverse released in 2020 by Wagner and Pablo Quiroga and is set in the year 2620. The MUD region, dominated by humans, the Ustur Sector, ruled by sentient androids, and the ONI Region, led by a confederation of extraterrestrial species, are the three factions that contend for resources, territorial conquest, and political dominance.

DAO Used for Allocating Taxes

The three in-game factions will each have their own DAO that will be utilized for establishing and allocating taxes for their individual governed zones. The other DAOs require players to have localized commitments to engage in politics, except the Star Atlas DAO, which is accessible to all POLIS holders. Along with the DAO, the Solana-based game metaverse revealed an update to its Galactic Marketplace that includes new gaming foundations that are DAO-enabled and a redesigned user interface. The ability for players to trade assets directly with other players has now been included.

Follow us on: News
DAO Star Atlas Metaverse Solana Star Atlas DAO
Solana-Based Gaming Metaverse Star Atlas Announces the Launch of DAO
Usha Yadav
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

Top Picks