“Peerplays will turn the world of social gaming completely on its head. Right now the idea that you could make a continual stream of money from a game you’re playing is almost completely unheard of.”
Peerplays, an online gaming and wagering platform which uses open-source Blockchain technology, introduced its DAO proposal in May. After receiving feedback from DAO supporters, the platform has also decided to build a sidechain from Peerplays to Ethereum.
An updated proposal was published a few days ago, offering 20% of the Peerplays earnings to The DAO in exchange for an increased valuation to cover costs associated with developing this sidechain at an accelerated pace. Peerplays might become the first startup to get support from $150 million DAO fund. The proposed price is $1.2 million in ETH. The Peerplays 2-tier pre-sale has officially sold out. However, the DAO is still evaluating whether or not to invest in this concept.
“We are currently finalizing the DAO proposal for a vote, and the date will be made available shortly,” say the Peerplays team. “If The DAO approves our proposal we will be building a sidechain from Peerplays to Ethereum which will offer incredible benefits to both ecosystems. For now, we are working towards completion of the project as outlined in the Peerplays milestones document.”
CoinTelegraph talked to Neil Haran, Peerplays Chief Gaming Officer, and Michael P. Maloney, Peerplays communications manager, about the revision of The DAO proposal and the creation of Peerplays to Ethereum sidechain.
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