Upcoming BOOM DAO SNS decentralization sale

Thanks a lot for your message @Yeenoghu :slight_smile:

It’s so great to hear your excitement for Gaming Guilds. We are also very interested in bringing them to the ICP gaming vertical. The main objective is for any ICP game to be able to leverage them by easily and quickly integrating them. There will be BOOM token rewards as well as other ICRC token rewards for gamers participating in it.

You can think of it as a user acquisition strategy for ICP games, as well as a community building tool, and for gamers it’s going to be a ton of fun! Even more considering that the World Engine protocol will allow for cross-game interactions, which will open a new myriad of creative web3 on-chain gaming use cases.

The community will obviously be involved throughout the process of creating BOOM Gaming Guilds (BGG), the best way for you to stay tuned and don’t miss any announcement, is to join us in Discord and follow us on X.

Thanks again for your strong support, we will keep in touch as we progress on BGG!

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Hi @michail.rizos

Proposals to add liquidity are coming soon, details subject to a community vote. Please let us know in BOOM DAO’s discord if you have a preference for an ICP DEX. We are trying to figure out what is the community’s preference and which DEX is likely to attract most of the liquidity and volume on ICP.

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Hi @Antony :slight_smile:

We fully understand. Just made this reply: Upcoming BOOM DAO SNS decentralization sale - #287 by icpmaximalist

Thanks a lot @michail.rizos for taking this amazing initiative. To be honest I’m not familiar with this topic but it’s clearly something I will prioritize researching on next week.

It’s not just about BOOM token but about all ICRC tokens and the whole DeFi ecosystem on ICP. We obviously need to get all our ecosystem tokens listed on Coingecko and Coinmarketcap.

I’m not sure if we need more trading activity and liquidity first, or if we need IC DEXes to get integrated to these platforms. As I said I need to do some research. I’m willing to devote time to make this happen with other IC builders. I’m available to connect with anyone to coordinate. We definitely need all ecosystem tokens listed there, the sooner the better.

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I gave up on trying to understand what is going with it.

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Hey Everyone, I was glancing at dashboard earlier and noticed that 80% of Boom DAO treasury has vanished overnight. Is everything okay?

My friends have invested a lot on this project, especially after the 60% of the Funds were raised from Community Fund / Neuron Fund and was backed by DFINITY Officials.

Should we be worried?

Human nature is inherently evil and the fund is out of control, of course we may face another rug-pull. I think the SNS team should figure out a way to avoid this happening again, for example: each time the team can only drain 10% of the total fund and cannot drain again in 3 months, each project should at least runs 2-3 years.

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Or maybe ICA and DFINITY management should be Defunded. They should be fired even.

Thanks for your diplomacy and your vote of confidence again @wpb.

Its clear what your intentions are now.

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“Statement on BOOM DAO’s Proposal to Request Access to the SNS Treasury Funds” on X/Twitter:

P.S.: Don’t ask me anything about it; No idea. I just spotted the tweet and sharing it FYI.

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Look who promoted this wonderful “DAO”

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Just to re-iterate absolutely no connection with Dragginz whatsoever. Lots of red flags here.

I didn’t actually realise they would have had the ability to drain the treasury like this. I thought that was just for degenerates that had to buy their way to 51% first.

Unless there’s an apology and the ICP goes back to the treasury (which won’t happen), this project is done.

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When generalised SNS named neurons which can each allocated a percentage of VP ( without rewards ) perhaps ?

SNS named neurons for retail to follow that don’t necessarily need a stake in the network the amount of VP can be debated on

How to stop SNS corruption?

221Bravo has reverse rugged by not asking for any community funding… choosing to feed it’s devs on dust and motivate them with regular beatings. So far so good :slight_smile:

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Dust is actually very low in fat so you can have as much dust as you like

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Community should be able to enforce what the whitepaper says… And the whitepaper should say exactly when you are allowed to drain funds.
Imagine you run a star-up and you deceive your VC getting the funds into your pocket. You would go straight to jail.
DAOs should be exactly the same.

This is officially a problem, this is definitely not the right way to handle this amount of funds provided by the community. SNS needs to have controls and protections over things like this. The community may be fine with devs having full control over app code updates, but not necessarily the DAO treasury.

I don’t see how the SNS system will be successful long term if it feels like a potential rug platform.

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True and harvesting it with a Dyson V8 cordless is almost as easy as BoomDAO rugging their treasury… almost.

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The upcoming BOOM DAO SNS decentralization sale sounds interesting, especially for those invested in the Internet Computer (ICP) gaming space. It seems like they’re aiming to address some key challenges for ICP game developers.

Here are some key takeaways from the post:

  • Problem: Lack of robust web3 gaming infrastructure on ICP hinders user and developer adoption.
  • Solution: BOOM DAO, a collaborative DAO of ICP gaming veterans, is building a comprehensive platform to empower on-chain games.
  • Platform Features:
    • World Engine Protocol
    • Game Launcher
    • Unity Template
    • World Template
    • ICP.NET Library
    • All open-sourced on Github
    • Technical documentation available

By creating a community-owned platform with tools, funding, and support, BOOM DAO aims to lower barriers for web3 game development and accelerate the growth of fully on-chain games.

Resources:

  • BOOM DAO Whitepaper: [link to whitepaper 84] (Highly recommend reading this before asking questions! ).
  • BOOM DAO Github: [link to Github repo 9]

For Unity developers interested in exploring web3 gaming on ICP, the BOOM DAO Unity Template might be a valuable resource to get started. You can find more Unity templates and assets for your game development projects at unity templates.

Does anyone have any questions or thoughts about the BOOM DAO SNS and its potential impact on ICP gaming?

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LOL, I see you are up to your typical smear tactics again @Phasma. Like I’ve told you half a dozen times before, I don’t use alt accounts. Never have and never will. I don’t have time or interest in creating juvenile bullshit. I don’t know @nextlevelgamingstore and I don’t spread BoomDAO propaganda. However, I do provide feedback based on my personal experience when it is warranted.

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