Play, a Chinese startup that plans to disrupt the incumbent online game industry using bitcoin’s blockchain to remove trust, has recently ‘gone public’ as a decentralized autonomous company (DAC) on crowdfunding platform DACX.com.
In its prospectus, Play claims it offers a third-party verifiable mechanism to ensure true randomness and fairness for gamers by placing the games’ logic on the blockchain. This would remove the need for trust in centralized institutions, it says.
The startup will also offer a platform to […]