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Crypto Unicorns Implements Decentralized Governance with NFT Badge Staking

The world of blockchain gaming continues to evolve as developers explore new ways to involve players in the decision-making process. Crypto Unicorns, a popular Web3 game developed by Laguna Games, is taking an innovative approach by allowing players to acquire governance authority by staking NFT badges. In this article, we will delve into Crypto Unicorns, its new governance model, and how this development impacts the broader blockchain gaming ecosystem. Stay tuned for the latest blockchain gaming news on NFT Playgrounds.


Crypto Unicorns

Crypto Unicorns

Crypto Unicorns is a farming simulation game where players purchase Land, represented as an NFT, and can activate it once they have acquired a Unicorn NFT. Players can customize their land and farm, growing Class Berries and crafting materials to enhance their farm's production. The game features Farm Slots, Workshops, Nurseries, and Stables, each with its unique functions and upgrade paths. To learn more about Crypto Unicorns, visit the game's page on NFT Playgrounds.


Governance Model

Crypto Unicorns has introduced a new governance model that rewards active players with governance authority. By staking NFT badges earned in the game, players can exert greater influence over the platform's decisions. These badges include participation, milestone, voting, and governance badges.


The non-transferable NFT badges can be staked to enhance a player's voting power within the game's governance system. This innovative approach aims to maintain decentralization while granting power to dedicated and active participants in the Crypto Unicorns ecosystem.


Aron Beierschmitt comment

Aron Beierschmitt, the CEO of Laguna Games, expressed enthusiasm for this development, describing it as "a big one" for the company. He highlighted the fascinating nature of these "bizarre human behavior experiments," noting that players' ability to enter and exit the economy at will while maintaining control over the game and its economy is a testament to the potential of decentralized autonomous organizations (DAOs) in blockchain gaming.


Governance in other games

Crypto Unicorns is not the first Web3 gaming project to implement a governance system based on player activity. Other projects, such as Soulbound and Yield Guild Games, have explored similar concepts, focusing on rewarding players based on their contributions to the gaming ecosystem.


Soulbound, for example, is a player-centric, community-run platform that selects its community based on merit, in contrast to the traditional DAO model, which favors those with the most tokens. Meanwhile, Yield Guild Games raised $13.8 million to create Soulbound reputation tokens, which serve as a way for players to demonstrate their achievements, reputation, and credentials in the gaming industry.


In March, the gamified community management platform Game 7 announced the launch of Summon, a Web3 platform for community management powered by Soulbound NFTs. These NFTs vary based on each player's contributions to the gaming ecosystem, with greater rewards granted to those who contribute more.


Conclusion

Crypto Unicorns' implementation of a governance model based on staking NFT badges showcases the potential for blockchain games to foster player involvement and maintain decentralization. By rewarding active participants with governance authority, Crypto Unicorns and other Web3 gaming projects are paving the way for a more inclusive and engaging gaming experience.


As blockchain gaming continues to innovate and evolve, it's essential to stay informed about the latest developments. Visit NFT Playgrounds regularly for up-to-date news and insights into the fascinating world of blockchain gaming.

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