Arcade Colony Platform, powered by The Invennium Corporation, a 100% subsidiary of @Splinterlands, is thrilled to unveil the second game StakeHouse Den on Arcade Colony Platform.
About Arcade Colony:
Arcade Colony is a web-based platform where mainstream games can deploy web3 features. Newly created games as well as previously released games can now add tokens, digital collectibles, trading, renting, earning, and governance to their games. Thus, Arcade Colony hosts a series of published games similar to the Epic Gamestore, Apple App Store, Google Playstore, or Steam, but unlike web2 publishers Arcade Colony augments new and existing games into Web3 games.
Whitepaper: https://whitepaper.arcadecolony.com/
About StakeHouse Den:
Stakehouse Den is a Web3 Social Casino published by Invennium Corp and living on the Arcade Colony platform. Web3 games enable players to own and govern various aspects of the game, game economy, and operate the ledger on which the game and tokens exist. Social Casinos are games where players play games of chance where no “consideration” is layed on the table. In this case the Social Casino does not require consideration, but will still reward players with Colony tokens.
Whitepaper: https://splinterlands.gitbook.io/stakehouse-den-whitepaper
Proposal
Stakehouse Den is requesting from the Arcade Colony DAO (@ac1.dao) 80M Colony tokens/year for 5 years and will provide 8 games of chance to play on the platform. The first four games are Roulette, video blackjack, video poker, and slots. More details can be found in the whitepaper above.
All users staking Colony tokens are required to vote for the proposal in the below poll. Voting will close after 7 days of post being live. In order for proposal to pass, atleast 10% of Colony stakers need to vote on the poll, and 67% in fovour of the proposal.
So it's just a loan of 80M tokens, after 5 years it will be given back to the DAO ?
Not that I would mind either way, I'm just happy that something new is on the horizon once again.
It's an allocation for rewards, and is 80M token/year for 5 years. each game would be allocated 10M tokens. You can find more details in whitepaper.
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