Solana-Based Gaming Metaverse Star Atlas Announces the Launch of DAO

The Star Atlas DAO officially began operations on Thursday during the 426LIVE community event hosted by the Solana-based game metaverse Star Atlas. The DAO will use Star Atlas’ POLIS governance token to let users participate in voting. According to the DAO, its voting escrow scheme favors community members with a solid long-term commitment to the Star Atlas vision. As a result, the company also disclosed POLIS locking, allowing holders to commit their tokens for five years. 📰 Star Atlas has unveiled four products at the #426LIVE event – and more is to come! 👀 👉https://t.co/aN7N3bnMVL pic.twitter.com/bW6tdAjPaS — Star Atlas (@staratlas) July 22, 2022 Star Atlas Virtual Gaming Metaverse Star Atlas is a virtual gaming metaverse released in 2020 by Wagner and Pablo Quiroga and is set in the year 2620. The MUD region, dominated by humans, the Ustur Sector, ruled by sentient androids, and the ONI Region, led by a confederation of extraterrestrial species, are the three factions that contend for resources, territorial conquest, and political dominance. DAO Used for Allocating Taxes The three in-game factions will each have their own DAO that will be utilized for establishing and allocating taxes for their individual governed zones. The other DAOs require players to have localized commitments to engage in politics, except the Star Atlas DAO, which is accessible to all POLIS holders. Along with the DAO, the Solana-based game metaver...