Games Bounty
UPDATE:
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The goal of this Bounty is to incentivize and reward indie developers to build games on Polkadot.
The idea is that UNLIKE CLASSICAL STARTUP funding that is usually done by VCs and requires an incredible amount of due diligence and expertise because of:
- the vast scope of potential problems and solutions being tackled by the various startups
- the high uncertainty regarding the reliability and the ability to execute of the team
- the complexity of different business plans based on specific bets on future market trends
DEVELOPING GAMES is a lot more predictable and it is a lot easier to assess what the cost should be and the ability to execute of the team.
Those games can be highly valuable to the ecosystem especially if they are tightly integrated with the chain.
It is easy to assess the ability of a team to produce a game just by looking at previous work. It is also easy to assess the cost because it is only cost of development and not cost of creating a complete business.
It is also easy to pay in small milestones minimizing the risk. You do not need to give large amounts of money at high valuations to people and let them play with the money, you just pay incrementally as the game gets developed and you see the development happening.
Basically classical VC investing is a lot less linear but game development is quite linear, you can really pay as the game is being developed, understand the costs incurred, predict the time to completion, assess the quality objectively, etc
The idea is that game development is a specific niche that does not require the deep expertise of the VCs and can also provide a very strong adoption of the underlying blockchain Polkadot.
I believe that we can seed and fund incrementally indie game developers with minimal risk and potentially high upside for the ecosystem.
The purpose of this bounty is to be able to do this.
The list of curators has not been defined yet and will be defined in the next referendum.
I am discussing with different credible curators and will finalize the list hopefully in 1-2 weeks.
I am posting the bounty just to ensure that we can start deploying capital as soon as possible. Of course the community is always free to reject the list of curators once it is proposed
Comments (5)
Child Bounties
Comments (5)
Mr Tin and Mar1 from The Great Escape (Moonbeam) are two people worth talking to. I participated in the first two councils of the project and everything that at the time seemed like very crazy and/or strange ideas (such as renting votes in Governance, as well as game items and tokenomics) were in fact tested and implemented successfully.
I like the idea, but feel the ask is huge.
Film schools, game schools, etc. Will that be part of the Target? I feel that incentivising this educative houses will target the indi community, where there is Buildin coaching by the schools...
My two cents.
Mr Tin and Mar1 from The Great Escape (Moonbeam) are two people worth talking to. I participated in the first two councils of the project and everything that at the time seemed like very crazy and/or strange ideas (such as renting votes in Governance, as well as game items and tokenomics) were in fact tested and implemented successfully.
I like the idea, but feel the ask is huge.
Film schools, game schools, etc. Will that be part of the Target? I feel that incentivising this educative houses will target the indi community, where there is Buildin coaching by the schools...
My two cents.