
Decentral Games
Play to earn with free play poker in the metaverse.
Date | Investors | Amount | Round |
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- | investor investor investor investor investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | $1.0m | Grant | |
Total Funding | 000k |
Decentral Games operates as a decentralized autonomous organization (DAO) developing casino-style games within the metaverse. Founded in 2019 by Miles Anthony and Steve Becerra, the company launched to address the opportunity for multiplayer, wager-based games in the burgeoning virtual world of Decentraland. Anthony, who serves as CEO, studied Mathematics and Economics at UCLA and previously founded an e-commerce company before becoming deeply involved in cryptocurrency investing, with a particular interest in Ethereum and Decentraland. This background led him to identify a gap in the market, laying the groundwork for Decentral Games.
The company's flagship product is ICE Poker, a free-to-play, play-to-earn Texas Hold 'em game. To participate, players must own or be delegated an ICE Wearable NFT, which grants them a daily allotment of free, non-transferable chips. By completing daily challenges and performing well on leaderboards, players earn the platform's utility token, $ICE, which can be traded on decentralized exchanges for other cryptocurrencies, giving it real-world value. This model allows users to play without financial risk, as the primary chips used for gameplay are not purchased. The business generates revenue through the sale and activation of its wearable NFTs, royalties from secondary market sales, and fees for upgrading these NFTs. Initially, the company operated with a direct crypto-wagering model but pivoted to the NFT-based play-and-earn structure to navigate legal constraints.
Operating primarily within the Decentraland metaverse, all of Decentral Games' venues are located in the Vegas City district. The platform is built on the Polygon network to ensure fast, low-cost transactions for a smoother gameplay experience. The DAO governance structure empowers its community, allowing holders of the native $DG token to vote on key decisions regarding treasury management and game development. Staking the $DG token also provides users with benefits like enhanced cashback and referral rewards. The company has established numerous strategic partnerships with key players in the web3 space, including Atari, Digital Currency Group, Polygon, and CoinGecko, often creating co-branded venues or exclusive NFT wearables to expand its user base.
Keywords: Decentral Games, ICE Poker, play-to-earn, metaverse casino, DAO, Miles Anthony, NFT wearables, Decentraland, Polygon, DG token, ICE token, blockchain gaming, crypto games, Texas Hold 'em, virtual world gaming, decentralized finance, digital collectibles, crypto rewards, player-owned economy, web3 gaming