Paradox needs a DAO

Highlighting the importance of a Dao and how it will help The Paradox Metaverse.

The fact that play-to-earn games intensively use non-fungible tokens can also play its part in the DAO governance mechanism as NFTs can be equally used by DAO members to vote on proposals and get passive income from platform fees. Thus, if you are a fan of a certain play-to-earn game that is governed as a DAO, you can use both the fungible and non-fungible tokens to participate in the DAO governance. To do that, you will have to lock your assets for the period of the vote in the DAO’s smart contract. Meanwhile, you can use your other assets in the game and have a chance to get rewards for your in-game merits. Thus, a DAO allows you to manage your financial risks in a play-to-earn game by allowing you to generate passive income while trying to earn in-game rewards for your achievements.