Spaceway Bridge / DAO / NFT Adventures LLC DAO (proposed name)
DAO Formation, Product Launch
Spaceway Bridge is a player-governed 4x idle game.
It’s an online card game where users own cards that represent a fleet. Users can make simple choices to configure their fleet, including choosing what adventure they want to try. Once a week, the system calculates how users fared in the adventure and divvy out rewards (equipment, raw materials, blueprints, and governance tokens). Adventures are generated either by an algorithm with flavor text by a GPT-3 AI, or by contracted writers using the game’s treasury.
Users can use the rewards to make more cards, upgrade their fleet, and even buy items that can be used in adventures. In addition, users can also trade or rent cards with other players.
The game makes money when a user chooses an adventure or configures their fleet. The system charges them a little more cryptocurrency than the overhead required to process and divvy out rewards. When a user activates a blueprint to “mint” something, they pay a nominal fee which is sent to the treasury. When NFTs change hands between players (or are rented for a mission), the system takes a portion of the fees.
There will be three branches of government in the DAO. Two branches are elected, and one is composed of all NFT holders. The people’s branch votes on new things that will cost money, like building a bridge to move fleets between platforms and giving each platform unique items and adventures. One elected branch prevents things that violate the rules from happening. One elected branch handles things that cannot be automated, like taxes. NFT holders can vote no confidence to revert a branch to previous officials by an overwhelming majority.
Currently one software engineer and one artist. We worked together previously for years during the last game company I formed.
As a DAO, we are developing the system to be as self-sustaining as possible, and a lot of work is being supplemented by an AI and existing open source software.
We have relationships with industry veterans lined up to help as consultants when needed, but do not currently have the funding to execute on this. The first step is to have an NFT release to fund the hiring of these veterans in a contractual capacity. Once the pipeline to do this is in place and an approval process is ready, we will be able to bring on work from the treasury based on community votes.
That said, it is my experience that it is critical to have staff members knowledgeable in software development to look out for the company’s best interest when dealing with consulting groups, so there are slots for elected officials on both elected councils. This will be filed with individuals I have personally vetted upon formation, and elected by the community in following elections.
As a DAO, the community can determine future spending based on growth after our milestones are met by hiring additional firms or individuals. Since the company has an overall direction and a set of guard rails from letting it go astray, once the framework is complete the future is in the community’s hands. Seeing the success of agile vs waterfall in this industry, as well as the mantra of adaptability for the ETH ecosystem and its success, I think this is a reasonable path to go down.
$0 Pre-phase-0. I don’t think it will be reasonable to ask for money as anonymous strangers without showing what we can do. The initial DAO formation and NFT release will be self funded, but we will post our progress in this thread to make sure our direction is in line with Harmony ONE’s expectations.
$10k Formation of DAO in Wyoming as an Algorithimic DAO LLC Money will go to up front legal costs, such as reviewing contracts for contractors. I expect regulations will be coming down hard on the crypto space soon as it’s no longer the wild west out there, so legal fees to ensure compliance are likely going to be our biggest expense. Even companies that comply with the law will eventually get sued even if they did nothing wrong, so a good legal team up front is critical.
$25k Contracts in place with established industry veterans.
$35k Completion of execution of contracts from industry veterans, to be used for marketing release and audits, mainly through influencers. Code must be on the testnet.
We need seed money to pay for up front legal costs, consultants, and to hire influencers for marketing.
In order to hire our consultants that are lined up, we need money. The consultants will allow us to finish development of the product and properly market during launch.
The phases themselves are designed to fund the development of the next phase.
Use personal funds if necessary or external funds if possible to generate a DAO LLC in Wyoming, including a functional smart contract for the LLC.
The DAO’s contract will be configured to release funds as things are planned, and after that, any following phases have funds released by user governance.
The DAO will sell up to 1,000 randomly generated NFTs. Ownership of one of NFT’s should allow for participation in governance. Once $75k is raised from either NFT sales or funding acceptance, move to phase 1.
Use the funding to hire lawyers. These lawyers will be able to ensure legal compliance. This includes creating contracts for contract work for AAA industry veterans. We already have experienced industry veterans lined up to help with things like polishing game design, but they are waiting on a contract. This also includes marketing, such as influencers and celebrities.
Execute on the advice by industry experts and create gameplay mechanics based on the advice. Make use of the GPT-3 davanci codex to generate code to cut costs and increase speed when possible, under human supervision.
Marketing blitz, releasing the new ships and the rest of the 10000 governance NFTs.
Ensure that the DAO has the ability to self-govern without the founder’s interference, with its fate determined by a majority vote of the users controlled by algorithms from the DAO during the initial release.