DeFi: The Gods! Grant Proposal

Thanks for the question, and sorry for the delayed response we just wanted to get all your questions answered properly.

Assuming that you were referring to our Funding Proposal Milestones where you mention “metrics”, these are the milestones stated by the Harmony team when they grant approvals as seen here and here we decided to add it directly into our proposal for clarity.

Fund management and capital preservation is a key factor in any business, we are not backed by VCs or private funding and so we do not function like a “traditional” start-up which consumes their capital then looks for further funding to drive their valuation. We plan multiple scenarios for preserving funding as well as contingency planning in case of extended bear markets. That said the knowledge and expertise of institutions and individuals will help build a strong backbone so we are looking to build relationships on that front.

Our roadmap outlines the goal of our PvP launch with full P2E capability along with our plans for proposition wagering on PvP matches. These functions will start to capture our primary markets of competitive MMORPG players, which is a niche in itself, and the growing eSports betting scene.

With regards to our hiring and HR efforts, the global reach of a borderless and easily accessible job market makes hiring talented and passionate contributors easier. We are able to support those in rapidly growing countries this way and do not need to rely on human outsourcing methods which are detrimental long term, see the animation industry where large companies (ehem Disney) outsource to developing countries which have highly skilled labor but low wages.

We actively take feedback and act on it although sometimes it takes a while to assess and implement behind the scenes. We do acknowledge that there is no formal process for sending feedback and we are discussing possible systems to handle it. We thank you for pointing it out and if you have any experience with systems please let us know!

DAO certainly has both negative and positive connotations, the DAO hack, but there is a lot of room for development and improvement on this side. In our view DAOs will perform critical roles in the future and especially in our game. Voting on buyback mechanics by the Treasury DAO, funding projects and wars by individual Guild DAOs, dispute resolution in player agreements made by the High Court DAO (Decentralized Justice is super exciting imo), and so many other use cases we have planned.

Sorry for all the text but we actually have internal meetings about a lot of these things regularly and have been building a document that tackles these topics, you could say this is a sneak peak :wink:. Please let us know if you have any further questions or need any clarification.

–Dabster Of DTG

2 Likes