Peerplays: Revolutionizing Online Gaming with Blockchain for Fair Play

The Game-Changer: Peerplays and Blockchain

Online gaming has become a massive phenomenon, but let’s be real—finding a fair game can feel like searching for a unicorn in a haystack. Peerplays, an innovative online gaming and wagering platform, is stepping in with a promise to make games transparent through open-source blockchain technology. This isn’t your average gaming site; it aims to prove fair play in casino card games, tackling a serious issue: $100 million lost every year to cheaters. That’s a hefty sum that could buy a whole lot of pizza!

Meet Fabian Schuh: The Visionary Behind Peerplays

Fabian Schuh, an advisor and developer at Peerplays, sums up the journey with this gem: “Being part of a decentralized autonomous organization is never easy, it takes patience and commitment.” If patience were a sport, Schuh would win gold! His commitment shines through as Peerplays rolls out what they’ve learned over the past three years. And for Ethereum DAO holders? There’s a golden chance to get involved with this blockchain adventure!

What’s a DAC? Delving into Decentralized Autonomous Cooperatives

So, here’s the twist: Peerplays doesn’t just call itself a DAO (Decentralized Autonomous Organization); it also dubs itself a DAC—a Decentralized Autonomous Cooperative. Think of it as the cool cousin of DAOs. Not only does it rely on stakeholder voting, it also shares a portion of its fees with its members. If that doesn’t scream community spirit, we don’t know what does!

A Proposal That Has Everyone Talking

In the world of DAOs, proposals are essential—and Peerplays is coming in hot with an intriguing one! BunkerChain Labs, the blockchain solutions whizzes advising Peerplays, recently published a proposal to give the DAO 5% of the total Peerplays stake in exchange for… wait for it… funding! It’s like when your friend offers to split the bill just to get the last slice of pizza; only in this case, it’s funding a growing venture.

The Shared Vision: A Cozy Relationship with Ethereum

Jonathan Baha’i, president of BunkerChain Labs, opened up about the DAO proposal, saying, “Peerplays is a cousin to the DAO, and has many shared interests.” In the world of family trees, these two are practically inseparable! As Peerplays supports Ethereum as a wagering instrument, joining forces seemed a logical step. Together, they’re dropping knowledge bombs and creating waves in the gaming industry.