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DAOcaster | News & Education in Blockchain Gaming with an Emphasis on Space Games like Star Atlas
The DAOcaster
22 episodes
1 week ago
DAOcaster is the #1 podcast for news, updates, education, and all things space-themed blockchain gaming. It begins with the Star Atlas 101 Series that will introduce you to the game and give you a pretty good understanding of why it was built, how it functions, and how you can get started with some sizable knowledge compared to other new players. Then it will move to a weekly podcast to keep the crypto gaming community informed on all happenings in the metaverse.
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All content for DAOcaster | News & Education in Blockchain Gaming with an Emphasis on Space Games like Star Atlas is the property of The DAOcaster and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
DAOcaster is the #1 podcast for news, updates, education, and all things space-themed blockchain gaming. It begins with the Star Atlas 101 Series that will introduce you to the game and give you a pretty good understanding of why it was built, how it functions, and how you can get started with some sizable knowledge compared to other new players. Then it will move to a weekly podcast to keep the crypto gaming community informed on all happenings in the metaverse.
Show more...
Games
Leisure
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Star Atlas 101: Economics
DAOcaster | News & Education in Blockchain Gaming with an Emphasis on Space Games like Star Atlas
6 minutes 52 seconds
3 years ago
Star Atlas 101: Economics

Star Atlas White Paper

Support this Podcast: https://anchor.fm/staratlasdaocast/support

Sponsor this Podcast: email sponsor@staratlasdaocast.com

Unlike most games in existence today, Star Atlas provides a unique opportunity for players to extract in-game virtual earnings into real-world income. Where many game developers opt to monopolize asset ownership and distribution through restrictions on reselling, Star Atlas fully embraces the potential of owning your assets or NFTs and taking them off the star atlas marketplace to an external NFT marketplace to sell them.

Whereas companies like Meta seemingly want you in the mateverse as much as possible, Star Atlas is different. The goal of the Star Atlas development team is to encourage the monetization of time spent in this virtual world, and emphasize the ability for this monetization to transcend the metaverse to the real world.

Digital assets owned always belong to the holder, and crypto assets earned can be converted into real life currencies at insanely low transaction fees or gas fees. The Star Atlas team believes that this is the model for the future of gaming.

Now a key driver of value within the Universe of Atlas is the monetary reward system delivered via blockchain mechanics.

A secondary goal of the development team though is to drive real-world human innovation and progress by leveraging this virtual world as an experimental sandbox for economic and governance research.

With that in mind, Star Atlas is driven by a dual token system with both the ATLAS token and the POLIS token.

ATLAS will serve as the native in-game currency within Star Atlas. Players will initially leverage ATLAS to acquire digital assets such as ships, crew, components, land, and equipment. However, as in any real economy, a financial system is necessary to facilitate commerce. Whether it be through NPC merchants, or direct peer-to-peer transactions,

ATLAS is the main currency. So Operating expenses, such as personnel for mining equipment, fuel for ships, and repairs for damages will all need to be paid in ATLAS. It will also serve as the predominant currency within the NFT marketplace.

Here is an important note though, unlike many projects in the crypto economy, the development team retains zero stake in the undistributed token supply

So a fraction of ATLAS will be available through various stages of the Galactic Asset Offering (GAO) which we talked about in Star Atlas 101 episode on Phases (ep2), leading up to full launch of the title. Upon completion of the Galactic Asset Offering, ATLAS can only be earned through in-game activity or sales by other players.

Now the POLIS token on the other hand, is the governance token, with applications both in-game and in directing real world economic policy.

DAOcaster | News & Education in Blockchain Gaming with an Emphasis on Space Games like Star Atlas
DAOcaster is the #1 podcast for news, updates, education, and all things space-themed blockchain gaming. It begins with the Star Atlas 101 Series that will introduce you to the game and give you a pretty good understanding of why it was built, how it functions, and how you can get started with some sizable knowledge compared to other new players. Then it will move to a weekly podcast to keep the crypto gaming community informed on all happenings in the metaverse.