Metaverse P2E

PathDAO

432
PathDAO
PathDAO

PathDAO is a community-oriented decentralized autonomous organization that powers emerging blockchain games and the metaverse.

Overview

PathDAO was created for developers who want to grow and retain quality players in their ecosystem, as well as for people who have lost their source of income during the pandemic and are resorting to different ways to earn income. In short, PathDAO is a community-building entity for both games and players. 

PathDAO currently has over 74,000 community members and about 8,000 gamers. PathDAO has invested in a total of more than 70 game projects so far.

PathDAO Schedule
PathDAO Schedule

This entity, which claims that it can also perform better in terms of standing out from its competitors in its own sector, has done serious work in this direction. Competitive advantages of PathDAO; 

1. Community Wisdom

PathDAO does not have a partner, instead, it uses the power of its community to decide which games to enter.

2. Operation Information

There is a data-oriented operating structure created for the management of PathDAO. For example, it takes candidates who have raw talent and manner in recruitment and this process includes detailed interviews and questionnaires. It has a structure that has features such as providing education to all its scholars. 

3. Southeastern Network

The Southeast Asian region is expected to be one of the fastest growing economies in the world with a population of 600 million people. The team has a network and connection in that region as they have experience in this region such as business, startup and management consultancy.

4. Advisors 

PathDAO has a strong team of consultants such as Illuvium co-founder, PAID Network CEO Enjinstarter CEO.

5. Community Support

As Punk, BAYC, Genesis Cyberkongz, Mystic Axie Owners, they have a good connection in the metaverse and NFT areas. As known, many of the best opportunities are discovered in these communities. This, in turn, gives PathDAO access to early advantages and non-market opportunities.

Game Portfolio

Current Game Portfolio

While PathDAO currently has over 1,200 scholars, its current operations are as follows, as stated in its whitepaper:

  • Karmaverse
  • League of Kingdoms
  • Axie Infinity
  • Fancy Birds
  • DG Pals
  • Walken

$PATH Token

The native token of the PathDAO ecosystem is $PATH. The $PATH token currently has features such as a management token and staking within the ecosystem, and new functions will be added in the future. 

Management

The ownership of the $PATH token gives its owners the right to direct the future of DAO. In the initial stages, with the help of advisors, the founding team will help run the DAO, then as more and more $PATH tokens are issued to the public, routing will become more and more decentralized. 

Token Distribution

The total supply of the $PATH token is 1,000,000,000 (1 Billion). The token distribution is as indicated in the image below.

$PATH Token Distribution
$PATH Token Distribution

The token release schedule is indicated in the table below.

$PATH Token Release Schedule
$PATH Token Release Schedule
  • Genesis NFT minters – 15% TGE, 6 months vesting
  • Public distribution – No vesting
  • Treasury – Token allocations based on approved governance proposals 
  • Lock-up compensation – Tokens allocations based on approved governance proposals 
  • Community Incentives – 36 months vesting 
  • Launchpads – 15% TGE, 6 months vesting
  • Team – 12 months cliff period followed by 24 months vesting 
  • Advisors – 4 months cliff period followed by 30 months vesting 
  • Private investors A – 6 months cliff period followed by 36 months vesting
  • Private investors B – 5% at TGE, 10% end of 3rd month. 9 months cliff. Followed by equal vesting up to month 24
  • Private investors C – 10% TGE, 12 months vesting

Team

It is worth saying that the founding team consists of people who are extremely passionate about the innovations of the crypto world and, in particular, blockchain games. Each of PathDAO’s team has experience in the fields of Management Consulting, Traditional Finance, Tech Startups and Asset Ma.

Founding Partners PathDAO:

  • CEO – Jansen Teng
  • CFO/COO – Wee Kee
  • CTO – Wei Xiong

A few people from the Core Team:

  • Investment Analyst – Matthew Tang
  • Investment Analyst – Hardeep 
  • Investment Analyst – Josh Wang Khang Hwui
  • Head of Asset Management – Lim Wei Der  
  • Asset Manager – Joshua Moh Xien Shu
  • Asset Manager – Loh Kah Shun
  • Product Manager – Brianna Chang
  • Tech Lead – Kah Wai
  • Developer – Steven

Advisors:

PathDAO Advisors
PathDAO Advisors
  • Kieran Warwick – Co-Founder at Illuvium
  • Anderson Sumarli – CEO at Ajaib, fintech unicorn in Indonesia
  • Prakash Somosundram – CEO at Enjinstarter
  • Pino Tedesco – CEO at LVT Capital

Investors

Established in 2021, PathDAO’s seed round investors as a startup have been as follows; As of the date of writing, many more have been added to investors. 

  • Inazuma Capital
  • Supra Oracles
  • Master Ventures.
PathDAO Backers
PathDAO Backers

Summary

PathDAO is a decentralized autonomous organization that creates a community for both games and players. This entity, which claims that it can also perform better in terms of standing out from its competitors in its own sector, has done serious work in this direction. PathDAO currently has over 1,200 scholars, but according to its whitepaper, its current operations currently consist of Karmaverse, Axie Infinity and more games. The native token of the PathDAO ecosystem is $PATH. The $PATH token currently has features such as a management token and staking within the ecosystem, and new functions will be added in the future. Finally, it is also possible to say that PathDAO, which consists of a team experienced in its field, has a very strong advisors.

SOURCE

Visit Our Other Blogs: Game Guilds

Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

Leave a comment

Leave a Reply

Related Articles

NFT Market Sees Growth with Bitcoin as Key Player

Among all platforms hosting NFTs, Bitcoin stands out with a remarkable 44%...

Iconic Dogwifhat NFT Sells for $4.3 Million in Three-Day Auction on Foundation

Iconic Dogwifhat NFT Sells for $4.3 Million in Three-Day Auction on Foundation

Improbable Unloads Gaming Venture for 97M Dollars, Shares Visionary 2024 Metaverse Predictions

As a strategic move in line with its 2024 venture strategy, Improbable,...

The Red Bull Formula 1 Team Unveils NFT Collection on the Sui Blockchain

Red Bull F1 team released a free NFT collection on Sui blockchain...