The world of blockchain technology and cryptocurrency is spawning many new projects which deserve some attention. The DAO, which is now the largest crowdfunding campaign in history, is looking to invest in some of these projects. Peerplays is one of the projects under consideration

Peerplays Considered By The DAO For Investment

Using open-source blockchain technology to ensure casino card games are provably fair

What makes Peerplays even more interesting is how the company labels itself as a DAC, rather than a DAO. This is due to Peerplays being a decentralized autonomous Co-op. By offering both stakeholder voting and distributing fees through an automated profit-sharing program, the company is making a name for itself.

But there is more, as the blockchain solutions consultant for Peerplays – called

BunkerChain Labs President Jonathan Baha’i told the media:

“Peerplays is a cousin to the DAO and has many shared interests. And since the DAO is built on Ethereum, and Peerplays will support Ethereum as a wagering instrument, it made a lot of sense for us to offer The DAO a stake in Peerplays.”

It is well worth nothing Peerplays developers have been working together with other DAOs in the past. Now that The DAO has concluded its crowdsale, the goal is to start funding other companies, whether they are now or established. Peerplays makes a compelling case for itself, and their full DAO proposal can be found

Source: Press Release Via Email

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