Chain Of Legends Blog

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DAO System Introduction

6 min read

A review of what happened during previous days and the decisions that we had to make!

DAO ๐Ÿ”€ Chain of Legends
The DAO System Introduction
Brainstorming Call
Brainstorming Results
How to participate in the first Poll of the DAO?

โœ…๐Ÿ”ฅ #DAO ๐Ÿ”€ Chain of Legends ๐Ÿ”ฅโœ…

(23 August 2022)

Dear Community,

๐Ÿ’š Our dear community is much more precious to us than the project!
Despite 7 years of experience in crypto projects, about 40 days ago, when we launched โ€œChain of Legends,โ€ we thought it was time for us to relax. But, the burden of the tasks increased unbelievably because of a very high attention rate to the game.
๐ŸŽฏ In a short time, we hit the 4th rank of the Blockchain Gaming project based on True Player numbers which are precious for us. Despite all the advantages it had for our project, this enormous growth of players had a few disadvantages, like many D-Dos attacks on the server or attracting hackers and cheaters.
๐Ÿ€ Hopefully, none of them, caused damage to the ecosystem, but it all consumed so much time and effort of the Devs who spent time dealing with cheaters and hackers who are trying so hard to damage the project and to take their benefits. Moreover, they donโ€™t care about the projectโ€™s failure due to their actions and causing damage to our community members. That is why we are pretty serious about dealing with them. We have seen our community members are also trying to help us with their opinions that most of them requested the removal of free lands, which certainly is not the main problem. Because the number of free lands is limited and their value is low. The main problem is that Multi-owners use low levels of the CLEG Mine, mostly level 1, which damages the project because it is free to use!
๐Ÿค” It might be interesting for you to know that there were a few multi-owners with more than 1000 accounts and plenty of multi-owners with more than 100 accounts who got stuck into our Risk Control System! It is also fair to know that around 700 accounts of multi-owners get banned every day. These people try to cash out #CLEG resources of the game through every cheating way they can, like creating multiple accounts and extracting $CLEG or โ€œWash Tradingโ€ among real players in the marketplace.
๐Ÿ˜” Sometimes, a few of our real honest players get stuck in our Risk Control System by mistake for trading or because of an unwanted connection with these cheaters, which makes us sad!

๐Ÿ”น We always look for more efficient ways to decrease these mistakes. Despite the inconvenience it brings for the community members, it takes an enormous time and energy from the team. So, the Devs spent time acting against these cheaters instead of focusing on the Road Map, Development, and Updates!
๐Ÿ”น We are seeking new ways to decrease the benefit of cheaters and to make it very costly for them to create multiple accounts. It is good to know that we have planned to use a system mainly like #DAO for these issues. So we can use the help of our true players for decision-making and changes.

โœ…๐Ÿ“ฃ The #DAO System Introduction ๐Ÿ“ฃโœ…

(04 September 2022)

โš”๏ธ #ChainOfLegends, like many other projects and games, needs Development (adding new features) and System Optimization that was not foreseen at the beginning of the project.

๐Ÿ—ณ Since this game is a blockchain game, we are introducing the DAO system to make such modifications based on the votes and opinions of our community members.

๐ŸŽฏ System introduction (Voting Values):

This system will work in a way that considers the benefits of the investors to the extent that the long-term investors (high-level CLEG Mines) will have more impact on the decisions that are about to be made.

โ‡๏ธ The votes of players have value in the #DAO system, and it will always be like this:

๐Ÿ”นCLEG Mine Level 1๏ธโƒฃโ€™s vote has 0 point value
๐Ÿ”นCLEG Mine Level 2๏ธโƒฃโ€™s vote has 1 point value
๐Ÿ”นCLEG Mine Level 3๏ธโƒฃโ€™s vote has 2 points value
๐Ÿ”นCLEG Mine Level 4๏ธโƒฃโ€™s vote has 4 points value
๐Ÿ”นCLEG Mine Level 5๏ธโƒฃโ€™s vote has 8 points value
๐Ÿ”นCLEG Mine Level 6๏ธโƒฃโ€™s vote has 16 points value
๐Ÿ”นCLEG Mine Level 7๏ธโƒฃโ€™s vote has 32 points value
๐Ÿ”นCLEG Mine Level 8๏ธโƒฃโ€™s vote has 64 points value

โœ… Brainstorming Call ๐Ÿ’ก

(06 September 2022)

โฌ‡๏ธ โฌ‡๏ธ โฌ‡๏ธ

โ€ผ๏ธ Outnumbered free #CLEG Mines โ€ผ๏ธ
Vs
โ€ผ๏ธThe #Ecosystemโ€ผ๏ธ

โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€”
โ›“ Currently, 19000 CLEG Mines are active in the โ€œChain of Legends,โ€ of which 16300 out of 19k are at level 1. ๐Ÿง
๐Ÿงฎ So by a simple calculation, we can see that the sum of level 1 mine collects is more than the total collects of mine level 2 to 8 collectively! ๐Ÿคฏ
๐Ÿ‘‰ The level 1 Players didnโ€™t invest in the game and yet they are mining the most volume of the CLEGs. This phenomenon damages the ecosystem (Economy & Community)!
๐Ÿ’  We have shared this matter with you and would like to hear the communityโ€™s suggestions and solve this challenge with your ideas!

โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€”
๐Ÿ—ฃ Share your ideas about this matter in the comment section!
Then, we can conclude this matter.

โœ… Together, We Grow โค๏ธ

โœ… Brainstorming Results

(08 September 2022)

๐Ÿ™โค๏ธ Thank you all for participating in this event and sharing your ideas with everyone!
We collected all the ideas and evaluated them to check if they could help the problem and solve it once and for all. Then, we narrowed it down to a resolution that could be helpful and turned it into a practical plan described in the following passage.

โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€”
โ‰๏ธ Why did we offer free Mine in the first place โ‰๏ธ

โ†˜๏ธ We implemented the free CLEG Mine at the beginning of the game for early players to experience the taste of a full Free-to-Play game without any investment. This feature ended in both attracting players and facing specific problems.

๐Ÿ‘‡ These are a few problems of Free CLEG Mine:

โญ•๏ธ It makes creating multiple accounts desirable (Currently, more than 60% of daily extracted CLEG came from Level 1 mines that didnโ€™t get invested. This option helps to gain a Short ROI period (4โ€“5 days) and makes it desirable to create multiple accounts, which is unfair to the players who upgraded their Mines. It affects the CLEGโ€™s price negatively and increases the land price.)
โญ•๏ธ Technical team spends a lot of time confronting multi-owners

โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€”
โœ…๐ŸŽฏ The Suggested Plan (The Pay Plan) ๐ŸŽฏโœ…

โœณ๏ธ The CLEG Mine Level 1 of current players downgrades to level 0
โœณ๏ธ The new players will have a CLEG Mine Level 0 instead of a level 1
โœณ๏ธ The CLEG Mine level 0 is only compatible with Deserts! (Every new player will also receive a free desert land at the time of registering)
โœณ๏ธ The player has to pay 1000 CLEG for upgrading his Mine from level 0 to level 1

โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€”
๐Ÿคฉ The advantage of Paid Level 1 CLEG Mine:

๐Ÿ”น Free CLEG Mine makes the game desirable with high profit to create multiple accounts. The Pay plan eradicates this problem forever
๐Ÿ”น By downgrading Level 1 mines to level 0, which can only mine desert lands, the demand for land decreases.
Therefore, the price of land decreases, and the profit of players increases.
๐Ÿ”น Increase in CLEGโ€™s price (by buying required CLEG for upgrading the Mine from the market)

๐Ÿ‘Œ This is also an advantage for players who already paid 1000 CLEG to reach level 2. Because the new players and those who have level 1 Mine right now should pay 2000 CLEG to get to level 2 after implementing the new plan.

๐Ÿค” How to participate in the first Poll of the #DAO? ๐Ÿค”

(10 September 2022)

โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” –
๐Ÿ”œ In the new #UI, you can always participate in all our DAO decision-making by clicking on the ๐ŸŸง orange bar at the top of the gameโ€™s webpage or by clicking on the link below! ๐Ÿ‘‡

โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” –
โœ… The first #Poll in the DAO, the 1000 CLEG upgrade cost for level 1, will be held starting from Monday 09/12/2022, and will be available for 24 hours!
๐Ÿ—ณ All players who want to have a role in the gameโ€™s future should Vote during this time!

๐Ÿ“Š If the poll results end with the โ€œPay Planโ€ implementation, weโ€™ll start updating the website in the following days after the Poll!

โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” –
โฐ Get prepared to participate in the Poll tomorrow on Monday, the first day of the new week! โฐ

Website and Social Media

๐Ÿ”น Website: (https://chainoflegends.com)

๐Ÿ”น CoinMarketCap: (https://coinmarketcap.com/currencies/chain-of-legends/ico/)

๐Ÿ”น Telegram channel: (https://t.me/chainoflegends)

๐Ÿ”น Discord: (https://discord.gg/chainoflegends)

๐Ÿ”น Twitter: (https://twitter.com/chainoflegends)

๐Ÿ”น YouTube: (https://www.youtube.com/channel/UCiOX2xyU9aee5PEkVpGY4pQ)

๐Ÿ”น Group: (https://t.me/ChainOfLegendsChat)

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