MagApe Whitepaper
  • Introduction
    • Vision & Mission
  • MAC (Utility Token)
  • Technology Disruptors
    • Onboarding Games
    • In-Game Asset Tokenisation
    • Universal Power-ups
    • Live-Streaming
    • Community Gamification
    • Seamless Integration
    • Fastest Cross-Chain
    • Holistic Incubation for Our Ecosystem
  • Ape Arcade
    • Beans
    • Mini-Games
    • NFTs – Mappys
  • Ape Factory
  • Ape Link
  • Marketplace
    • NFT Barter
    • In-game Item
  • Security
    • MagApe Wallet
    • Multi-layered Risk Management
  • MagaApe DAO (MAD)
    • Building the Next-Gen Gaming DAO Ecosystem
    • A Master Node Contract
    • Voting Mechanism
    • Types of Voting
    • Subnodes
    • Voting Power
    • Restrictions
    • Upgradeability
  • Roadmap
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  1. MagaApe DAO (MAD)

Building the Next-Gen Gaming DAO Ecosystem

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Last updated 1 year ago

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In a market saturated with various DAOs, our mission is to establish a definitive standard for gaming DAOs that is not only highly adaptable but also truly decentralised. The multifaceted nature of the gaming industry presents challenges to standardisation, necessitating a versatile DAO capable of accommodating its ever-evolving landscape while enabling intelligent governance.

Our DAO employs a centralised contract to govern all associated contracts via proxy, welcoming proposals to enrich its ecosystem. Anchored in the principles of decentralisation, anonymity, and immutability, our DAO prioritises fairness and transparency, allowing for dynamic proposals and revisions. Crucially, our DAO can autonomously separate itself upon reaching critical mass, becoming fully independent.

Proxy contracts, while affording significant power to their owners, facilitate the upgrade, optimization, and refactoring of contracts. However, users may be wary of the centralised control inherent in such contracts. Our approach mitigates this concern by ensuring community control through a master node contract, allowing changes to be made only through consensus voting. This safeguards against the risks associated with single-person control of proxy contracts, ensuring the integrity and democratic governance of our DAO.