Intro to Kapital DAO
A quick intro of the awesome project I've been part of since March! Co-authored with Lucas Miranda (https://twitter.com/web3brother)
Ready to be a part of the next one billion people we’re onboarding into web3 gaming? Kapital DAO is at the center of connecting individuals to larger communities in the play-to-earn metaverse. Let’s break it down.
As the gaming guild ecosystem continues to grow, protocols are being developed to enable individuals or groups interested in creating their own guild operations to do so with little operational friction. With the current state of affairs, investors and institutions looking to set up gaming guilds will need to manually perform individual blockchain transactions, hindering their ability to scale their own ecosystems and communities. At scale, they would have to spend significant time signing transactions on managing hundreds (if not thousands) of gaming assets across different games on different chains. There’s no way that’s sustainable.
Kapital DAO’s guild-as-a-service framework is built to be an industrial-scale solution for running a gaming guild. With one click, anybody is able to deploy a DAO and manage all their gaming assets and operations with a fully-automated, game-agnostic solution. With this framework, guilds automate the process of delegating trustless permissions to community members within the guild, in turn allowing guild managers to securely and efficiently outsource operations and administrative work. This technology is additionally scalable with our developer-friendly SDKs and comprehensive APIs, which will allow any web3-enabled game to onboard itself onto our management protocol.
We’re not just building a product. We’re also operating our own guild and actively using our guilds-as-a-service product within Kapital DAO itself. Our guild is a massive decentralized, autonomous organization with over 50,000 active members that creates a space for gamers to safely enhance their craft and participate in communities. Because Kapital DAO is structured to be a fully decentralized ecosystem, our goal is for more than 51% of our tokens to be held by DAO members and investors, surpassing the percentage of tokens held by founders.
Anyone who owns the KAP token becomes a DAO member, and accordingly owns a share of true decentralization and governance. The KAP token is a true governance token where votes will be recorded on-chain to execute smart contract code without human intervention. In practice, this means guilds and gamers experience a secure and controlled community where each player is rewarded for their achievements and has a say in how the guild is operated. Compared to many other “governance tokens” that do not have on-chain governance but only have off-chain voting functions, we have put our token holders in the driver’s seat of the DAO as our vote of confidence in the power of the community. Interested contributors can join right now and participate in building the early stages of the DAO.
Our goal is for anyone to be able to successfully use the platform as a turn-key, community building asset within their DAO. For more information, click here.