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Chihiro InuChihiro Inuby0x4dBe648F797E7eC51Da3eae23a89b971B4e022a5chihiro-inu.eth

Journey of First Blockchain GameFI Expansion?

Voting ended about 4 years agoSucceeded

Welcome, to The First DAO Meme token where community voice matters. Now, as we are in the stage to build GAMEFI as part of CHIRO ecosystem, we are applying the DAO for this strategic decision.

After long discussion, we managed to filter out two huge blockchains for launching the GAMEFI which are Binance Smart Chain (BSC) and MATIC (Polygon). However, these two has their own distinctive merits. Therefore, we propose to community of CHIHIRO to decide the next path, which blockchain should we expand our GAMEFI to.

CHIHIRO will become our governance token later on, and please vote accordingly. Your voice will be taken into account for deciding which blockchain we should we expand initially!

Comparison between BSC VS Polygon:

  • BSC has approximately 700 projects built on top of it, while Polygon has 400 projects.
  • Polygon (Layer 2) has lower transaction fee compare to BSC (Layer 1), However BSC has gained more popularity for projects compare to Polygon.
  • Both support EVM which support interoperability between BSC, Polygon, and Ethereum.

Pros for Binance Smart Chain :

  • Number 3 in term of marketcap of $96 bio and daily volume of $2.2 bio(huge user base) compare to Polygon in rank 21 marketcap of $ 11 bio and daily volume of 670 mio.

Pros for Polygon :

  • Capable of fully benefitting from Ethereum’s network effects (for example Opensea has both Ethereum and Polygon network mode , so you can buy NFT in Polygon)

For the incoming Game Play to Earn , which Blockchain is the best to be launched?

Off-Chain Vote

BSC ( Binance Smart Chain )
48.22undefined 48.1%
MATIC ( Polygon )
52.01undefined 51.9%
Download mobile app to vote

Timeline

Nov 22, 2021Proposal created
Nov 22, 2021Proposal vote started
Dec 06, 2021Proposal vote ended
Oct 26, 2023Proposal updated