CoinGecko will be hosting our Virtual Meetup #10 on February 24 @ 9 PM EST. Held monthly, CoinGecko Virtual Meetup is our live online community event where we explore different key topics in the crypto sphere and invite industry leaders to share their two satoshis.
This month, we will be discussing the metaverse and one of our featured guests is Miles Anthony, Project Lead of Decentral Games. Leveraging the Ethereum blockchain, Decentral Games is the first-ever gaming platform that delivers a seamless non-custodial and provably fair metaverse casino experience.
Read on to get to know Miles better!
1. Can you share a bit about yourself with us?
I am Miles Anthony, project lead of Decentral Games. My first venture was an e-commerce company which I founded in 2015 while I was still at UCLA. I scaled the business to distribute electronics products in 93 countries around the world, but by 2017, I became increasingly captivated by crypto.
After reading the Decentraland whitepaper in 2017, I knew a metaverse casino would be a hit. Wager-based multiplayer games are millennium-old and popular across many cultures, so I felt social 3D casinos in this new metaverse frontier would be huge. I founded Decentral Games in early 2019 with this vision, and since then we have launched multiplayer blackjack and roulette playable with MANA and DAI, with Texas holdem currently in beta.
2. What is your experience like working in Decentral Games?
The metaverse is the next frontier – public, virtual spaces where developers can create unique games and experiences, and where players enjoy playing games while socializing with other players around the world. I found it very rewarding to decentralize governance of the casino through $DG. Through this architecture, all ecosystem participants’ incentives (players, liquidity providers, the team, and investors alike) are aligned to achieve the greatest network effect to benefit the whole.
$DG holders are The House; the allocation of house profits (the community treasury), economic policy, and new game development are voted upon by $DG holders, with votes proportional to staked $DG. Since deploying the DAO, it’s been amazing to see various community members become more vocal and involved with the project as everyone is aligned with its success.
3. Are there any projects you are currently working on and can share?
Currently, at Decentral Games we are focused on scaling our existing games through massive multiplayer events featuring live DJ performances and large prizes, as well as rolling out an entirely new game, 6 player Texas Holdem poker. We are extremely excited for poker as we feel like it will bring in an influx of new players and drastically increase the average session time compared to the other table games.
4. What are your thoughts on games running on the blockchain?
In order to provide fully non-custodial games and open source logic, we’ve built our entire transactional architecture on Polygon (previously Matic Network), a layer 2 sidechain based on Ethereum. Much like cashing in for chips at an old-world casino, players trust-lessly deposit funds to Matic, and our games deliver instant, gasless, and signatureless gameplay through a novel meta-transactional architecture. The end result is seamless gameplay directly from your web crypto wallet, with settlements distributed immediately. This is a massive improvement in UX compared to Ethereum mainchain dapps which typically have 15-second transactional finality, high gas costs, and inconvenient metamask popups for each in-game transaction.
It is also worth noting that we have built all games within a decentralized virtual world called Decentraland. Decentraland is governed by a Decentralized Autonomous Organization (DAO) where all the user-generated content hosting is served by several nodes from all over the world. We as Decentral Games also host 1 of the 12 community nodes. This decentralized architecture is essential in ensuring our game client content is accessible without relying on any specific third party.
Join us at the CoinGecko Virtual Meetup this Wednesday (24 February 2021) to learn more about the metaverse.
Stephanie is a Public Relations Specialist at CoinGecko who is enthusiastic about food, animals, and learning more about the cryptoverse. Follow the author on Twitter @StephanieGoh7 Follow the author on Twitter @StephanieGoh7