Blockearth (BLET) is a BSC-20&ERC-20 multichain governance token for the Blockearth Universe. BLET holders can bet tokens, play games and claim compensation if they participate in major governance voting. Players can receive BLETs in various ways, such as games and activities, within the Blockearth Universe.
DAO Decentralized Autonomous Organization Community We support BLET holders to voluntarily form DAOs to perform Blockearth’s community governance. Blockearth DAO implements a democratic system with vote for BLET. Blockearth DAOs can vote on issues such as:
- Publishing game balance
- Balance gained through Play to Earn
- NFT design voting and design application
- Vote for new games
- BLET NFT Game NFT Sales
- Grabbox IGO Opportunities for New Games
- Fixes and Improvements to BLET Toquenomics
- Strategic Planning of Blockearth Game Publishing
- Amendments and Improvements to Other Rules.
Through BLET, Blockearth will gradually evolve into a community-owned Decentralized Organization. This process occurs as BLET is distributed among players and stakers, with the ownership becoming less concentrated over time. The team will be able to vote with the locked Play-to-Earn and Staking Rewards allocations. This will prevent hostile actors from disrupting the ecosystem during the early and crucial phases of development.
The road to becoming a Decentralized Organization
Version 0 - October 2021 / Token generation event No voting possible
Version 1 - First half of 2022 / Staking dashboard released BLET holders can stake their tokens through the staking dashboard and participate in governance votes brought forward by the team. These votes will revolve around which teams should receive funding from the ecosystem fund, and how the Community Treasury should be distributed.
Version 2 - Second half of 2022 More on-chain votes about smaller issues. Potentially changing the way votes are being counted from 1 token 1 vote to Quadratic voting.
Version 3 - First Half of 2023 / Decentralized Organization BLET holders determine which governance framework should be used and how much should be voted on. Some decisions will not be up for debate such as token supply which is iron-clad in smart contracts. Potential things that can be voted on: ㆍShould Blockearth Limited continue to pay the Team to develop Blockearth? ㆍShould Blockearth use the marketplace created by Team? ㆍHow should the Community be used to reward BLET holders and the broader Blockearth community? and more.