The amount of POLIS tokens one possesses will in fact determine the amount of ‘political rights’ one will enjoy within the Metaverse. The noun POLIS, which in ancient Greece defined a form of government, retains its meaning of participation in community life. With the DAO of Star Atlas, the community will finally get the tools to make its voice heard and be able to determine the future development of the play-to-earn video game. ![]() The political nature of Star Atlasīy its very nature, Star Atlas is a game of conquest: players, regions and factions fight for dominance of the galaxy and control of resources. ![]() “I am excited to announce the launch of the platform that will give users the opportunity to participate in the governance of Star Atlas in the future through the mechanisms of the DAO,” said Michael Wagner, the CEO of ATMTA (lead developer for Star Atlas) and co-founder of the metaverse. #StarAtlasSummer - Star Atlas July 22, 2022 This voting-escrow model favors community members with long-term conviction in the Star Atlas vision, and signals the ATMTA team’s confidence in our ability to deliver a fun game as well as a framework for developers and content creators to build in the metaverse.Join & for a chat with OG team members of StarPath & the Galactic Marketplace 2.0 He continued, “ Holders of POLIS will be able to lock their tokens from two weeks up to five years, which entitles them to voting power on public proposals. “ I am thrilled to announce the launch of the platform that will in the future give users the ability to participate in Star Atlas governance via the DAO,” said Michael Wagner, the CEO of Automata (ATMTA) who is one of the lead developers of Star Atlas. The DAO’s purpose will be to control in-game assets through various on-chain tools to manage activities, in-game items, manage the treasuries, and coordinate other activities. The DAO will determine different aspects of the game such as controlled regions or even distribution of taxes. Notably, Star Atlas plans to have a DAO for each faction. This is just another step in allowing the players to determine what kind of game they want and steer the project as they please. ![]() It will be controlled and funded through its decentralized nature and eventually become autonomous. The lite paper even suggested that the game’s long-term vision is a fully player-owned game. This is just the start as future plans for the platform will include players, who are a part of the Metaverse, to participate on every level of governance. This will allow players and stakeholders to vote on governance issues within the game. Star Atlas is now tapping into the power of the community for future decisions about the game through the Star Atlas Decentralized Autonomous Organization (DAO). This allows the community to be vocal when it comes to making decisions like treasury allocations or technical upgrades. ![]() They execute the decisions made and agreed by everyone participating in the DAO. The DAO or Decentralized Autonomous Organization is a form of structure designed to not only have a central authoritative body but distributes the facets of decision making, management, and entity ownership to its members.īlockchain projects have pushed this to the forefront with autonomous and transparent smart contracts that make up the foundation of this concept.
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