The Cryptosnake play-to-earn team announced the launch of the SocialDAO system, which will allow members of the gaming community to become real co-owners of the game. So, players will be able not only to play and earn, but also to participate in the development of the project. About the game Cryptosnake is a blockchain P2E game based on the classic Snake game on Nokia phones. The nostalgic gameplay has been improved and transferred to the blockchain. So, now players can collect on the playing field for just pixels, but for real cryptocurrency, which can be sold on a cryptocurrency exchange. Game mechanics are implemented through SNK gaming crypto tokens and through unique non-fungible tokens (NFTs). The SNK token works as an in-game currency, and all game You can read more about the game in the White Paper. SocialDAO Cryptosnake After the update, DAO NFTs will also appear in the game, which will allow their owners to participate in the development of the game and directly make important strategic decisions, like members of the board of directors. Thanks to SocialDAO, the partner performing social actions and NFT sales will receive a reward in the form of VSNK virtual currency in the near future. SocialDAO is an affiliate referral subsystem. Soon, a partner, performing social actions and selling NFT characters, game artifacts through a referral system, will receive a reward in the form of virtual currency VSNK. The official Cryptosnake channels say that the idea to implement the DAO is caused by “the desire to build a strong community of like-minded people.” Money will no longer be the only measure of loyalty - it will not be possible to simply buy loyalty with investments. Instead, the team will seek synergy by creating a closed club of Cryptosnake co-owners, which will include both investors and active participants. It is important to note that the DAO NFT in the game is not an investment instrument and was created solely as a club NFT with the right to vote and the right to receive dividend income in the future. As a result, DAOs allow players to become co-owners of the game. Then the team will make decisions on the development of the project together with the players of the closed DAO club. Cryptosnake DAO Emission A total of 5000 NFT Master DAOs and 50,000 NFT Partner DAOs will be issued for a total of $3,000,000. If we compare DAO with shares of companies, then the total estimated value of the Cryptosnake project at the time of the start of sales is $3 million. Only 51% of the total number of issued DAO NFTs will be available for purchase on the platform. Thus, only 51% of all DAO NFTs will be purchasable. They will be awarded for performing useful actions. This is done in order to equalize investors and enthusiasts. The co-owners of the game can be both those who support the project financially, and those who personally work on its promotion. This will create a healthy balance and a strong team of partners. Getting VSNK For Activity A player can get VSNK tokens for activity. This can be replenishing the staking pool with liquidity tokens, inviting new players to the community, selling NFTs, and other actions. The main idea is to give the right to vote to those who really deserve it — ti those who personally contributed to the development of the project. This approach will be fair to players with any budget. Even those who are not ready to pour tens and hundreds of thousands of dollars into the game will be able to take an active part. VSNK tokens cannot be purchased with cryptocurrencies like SNK. They must be earned by showing special activity, which will be rewarded in the form of VSNK. The player will be able to convert the tokens earned for activity into DAO artifacts, which in turn give the right to make decisions. These artifacts, in turn, can be resold to another player on the P2P marketplace as NFTs. How DAO Token Holders Make Decisions From the start of the game to the release of DAO tokens, decisions were made by Cryptosnake developers and economists, based on the data collected. Such mechanics allow you to make decisions quickly, but in this case, dissatisfied will inevitably remain. It is enough to remember how users react, for example, to changes in the design of the site or logo. Decisions made by top managers often do not meet with support from users. This is a common occurrence. DAO tokens provide a mechanism for the community to participate in decision making. Large investors or active players will have a percentage of the vote. These players will be added to a separate Discord chat, private from other players. The full DAO platform will launch in April 2022. Before making an important decision, the Cryptosnake team will put it to a vote in a private chat. So, the players themselves will be able to choose the vector of development: what advertising campaigns to conduct, what artifacts to create, what economic decisions to make, and so on. You can learn more about the Cryptosnake game and purchase in-game NFT tokens on the official website. News and updates are posted on the official Discord channel.
