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Harmony Ecosystem

Founder Introduction and Vision – Cerebral Gaming DAO – Harmony ONE

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This was a livestream AMA on twitch with the founder of Cerebral Gaming DAO Crypto Clay aka Clayford08. The focus was on building on the Harmony Blockchain and the vision behind it.

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https://www.cerebralgaming.one/
https://twitter.com/CGD_ONE
https://discord.com/invite/cerebralgaming

The Vision

There are more gaming projects being built on the Harmony Blockchain each and every day. Every game dev is seeking a fast and cheap ecosystem to construct and develop their new projects, and a home to expand across the chains from. The goal of Cerebral Gaming DAO is to invest in as many of these startups as possible, providing support for these new gaming experiences, and increasing ROIs for our investors. CGD will be purchasing plots of land, character NFTs, tokens, creating LPs on dexes, and producing guilds for profit sharing.

CGD will take a decentralized approach to investing in gamfi projects, similar to a centralized mutual or index fund but with digital assets on the blockchain. Eventually, CGD plans to expand its portfolio to multiple blockchains, however, the DAO will always reside on the Harmony Blockchain. Some investments will be taken to ensure long term value through appreciating assets, some will provide the DAO with consistent returns, and others will be flipped for profit on resale sites like NFTKey. The main goal is to make profits for investors in Cerebral Gaming DAO through the management of NFT assets.

In-Game Guilds

CGD will incentivize players to partake in using lands purchased by the DAO by offering a 20% kickback each week on games such as Cosmic Universe, Mars Colony, Defi Kingdoms, and DefiMon. This kickback reward will allow players to increase their earnings while also benefit the DAO’s investors by insuring the purchased NFTs are highly utilized. It is in CGD’s best interest to purchase valuable real estate in said games and typically to hold for long periods of time in order to provide consistent ROI.

How CGD Gets Its Value

$CGD will be issued to all investors in the IDO and will be the governance token. CGD will implement a treasury of all held assets that can be tracked by investors via a CGD website. The treasury will begin with the amount of stable coins and ONE exchanged for CGD tokens in the IDO. After the IDO has taken place, voting will begin to find suitable investments for the treasury. By investing in CGD, it gives those that lack the capital to invest in things like expensive plots of land an opportunity to share a piece of defi’s rapidly growing gaming genre.

Voting System

The purpose of any DAO (Decentralized Autonomous Organization) is to allow token holders a chance to vote on proposals. Any token holder may present a proposal to the DAO for potential investment vehicles and the token holders will take a vote.

Tokenomics

100,000,000 CGD Tokens Minted
5% Founding Team
10% Marketing
5% Misc. Developments
80% Token Holders

#cryptogaming #DAO #HarmonyONE

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