Introduction to zkGame DAO

Hi @Phasma, I rejected too. I wonder if I could ask you more about your reasoning.

My feeling is that licensing is an excuse to take funds off-chain, where it’s hard to track exactly how it’s being spent. It’s not my area of expertise, but why should a gambling license be needed? Particularly if we’re talking about a dapp that has very little usage in the scale of things. To me this seems like something that should be tackled retrospectively if a regulatory body starts displaying interest and demanding it - otherwise what’s the point? It’s just a waste of money (or a smokescreen).

Pretty much any game on chain can be framed as gambling. If you pay-to-play, and payment is a first class citizen of digital assets in the dapp, you’d expect to also earn-to-play. If those rewards are based on how you play, and/or an element of luck… then you’re gambling. So what?

Does TAGGR need a gambling license because you pay-to-post, and if you’re lucky your post will receive enough likes to offset your payment?

Even if a regulatory body did want to take action against a dapp that it believes should have paid for some sort of license, what are they gunna do about it? If it’s truly a dapp, there’s nobody the regulatory body can go after for enforcement.