Decentral Games: A Profitable Metaverse-based Casino
Quick Take
- Decentral Games is a metaverse-based poker game where players can earn ICE on Decentraland.
- It has garnered a total revenue of $36 million since its inception at the end of 2020, but its monthly revenue has been declining this year.
- Despite the downtrend in revenue, its treasury balance is well diversified into several asset classes, adding up to a total balance of $20 million.
- This research piece provides an in-depth analysis of the token model of its game, which could potentially harm the game’s economy in the long term if not addressed.
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Author: Erina Azmi
