Animoca-Backed Game Wallet Wars Delegates Release Decision to DAO Vote
Summary
The decision to launch Wallet Wars, a Web3 game, was made by a decentralized autonomous organization (DAO) through a 1,800-12 vote on Snapshot. The game, developed by John Stefanidis, will be followed by a DAO vote on launching the BZR crypto token. DAOs involve token holders voting on ideas and have been used in business decisions, with varying success. The project has raised $6 million and garnered significant interest, with support from Animoca Brands and Kucoin Labs. The game is built on the Ethereum scaling platform zkSync and involves purchasing non-fungible tokens (NFTs) to play and win rewards. The game's operations are managed by JBPH Technologies, a Singapore-registered company.
