The meta universe ecological PlatoFarm takes DAO governance as the core concept

2022-06-13 0 By

PlatoFarm has created a farm-themed, Web3-oriented metacosmic ecology. At present, the overall ecology has achieved good results in development. For example, the total number of PlatoFarm users has reached 220,000, and the daily active population has exceeded 15,000, which are concentrated in East Asia, Southeast Asia, Eastern Europe, the United States and other regions.More than 20,000 user addresses held Plato Farm NFT assets on the Heco chain, and 1.54 million NFT transactions were made during beta GAMMA.In addition to the inclusion of SocialFi, GameFi and other elements, and the construction of a complex and interlinked economic model, DAO governance is another ecological feature of PlatoFarm, which is highly open and more loose.In addition, the motivated DAO governance system is also one of the main reasons why PlatoFarm attracts many users to participate.Generally, the Web2 world is commercially driven in the form of corporatisation, and the users are only ecological users, who are usually not involved in decision-making and distribution of benefits.In comparison, the DAO-driven Web3 world is more decentralized. Based on the chain governance framework and token economy, everyone can participate in ecological governance in a decentralized manner. Of course, everyone is also the owner of the ecology and a vested interest in the ecology.Although PlatoFarm’s ecology is still in its early stage, in addition to the charter based on DAO, its ecological governance and decision-making have been completely delegated to the community and deeply driven by governance tokens.PlatoFarm Farm meta-universe Ecology. Before the launch of each proposal, the community will organize users to vote on the proposal using MARK token, and further promote the enthusiasm of users to participate in decision-making voting through incentives (PLATO token, etc.).Currently, PlatoFarm community has launched a community proposal called “Super Challenger”, which is currently in the voting stage.Taking the “Super Challenger” proposal as an example, PlatoFarm’s DAO model “Super Challenger” proposal will be voted in the way of DAO. For every 100,000 marks held, users can only cast one vote (integer vote only).And the result is valid only if 1.6 billion MARK (half of the total in circulation) is pledged to vote.The vote will run from 10 p.m. PST on Feb. 2 to 11 p.m. PST on Feb. 7, and all participants will share an unlocked 1,600PLATO based on the amount pledged for the vote.In addition to providing an application scenario for MARK, this voting governance mode also further improves the rigidity of MARK. If you want to participate in governance voting, you need to use MARK voting.Normally, the MARK used for voting is locked up for 6 days, which means that the market flow of MARK can be reduced by MARK’s continuous lock-in, and the output of P2E can be rationally balanced in addition to making the contraction model.The PlatoFarm community says it will continue to use various incentives to encourage community participation in the future.Of course, this approach to community resolution is efficient, fair and democratic.In the future, PlatoFarm’s overall governance framework may continue to rationalize on this basis to further ensure ecological and efficient development.Users also expressed interest in the “Super Challenger” activity, which will be launched as scheduled after the DAO vote is approved.What is the Super Challenger proposal?The “Super Challenger” proposal is an incentive campaign aimed at the community, where PlatoFarm users purchase NFT kits of different levels of game equipment to participate in the challenge.Players were given a set time to complete the challenge, and those who successfully completed the task received a triple reward — the PLATO Token (prize pool worth $10 million), MEDALS of Honor and privileges, and the game’s output token, MARK.”Super Challenger” aims at different types of users, developing multi-level challenge modes, namely bronze, silver, gold and diamond four modes.For example, if you want to participate in bronze mode, you need to purchase the bronze level NFT kit (500USDT) from the official website and join the game.If the challenger can reach level 5 in 5 days, the challenger is successful.While other modes of challenge, NFT kit prices, as well as the challenge cycle, in-game level requirements vary.Therefore, users with different capital volumes can have the opportunity to participate in the challenge. Everyone has equal opportunity to complete the challenge through decision-making.Super Challenger also builds an equity protection mechanism, where the Challenger can exit the challenge at any time within 24 hours of purchasing the NFT kit.Once the NFT kit is returned, the USDT used for payment will be returned within 48 hours, MARK generated during the race can be retained by the challenger (MARK earned by the game will deduct part of the gas fee), and all incentive issuance will be driven by smart contracts and all transactions will be traceable on the chain.In addition, throughout the challenge, challengers can join the official PlatoFarm field community and receive free one-on-one coaching from professional game coaches, giving them level tips and ensuring they can complete the challenge quickly.After the Super Challenger proposal is voted through, the challenge will be open from February 10 to February 28 (or until all PLATO token awards have been issued).The “Super Challenger” proposal is expected to further attract tens of thousands of ecological users to PlatoFarm ecology, further consolidate the value foundation of ecology, and promote the overall prosperity of PlatoFarm ecology by building a rich incentive mechanism.Of course, the “Super Challenger” proposal is also an early experiment of DAO governance of PlatoFarm, which will also provide constructive significance and experience for subsequent ecological DAO governance, and provide a reference for DAO governance of other metacosmic ecosystems.