EnterDao-A one-stop platform focused on creating a new paradigm …

EnterDao-A one-stop platform focused on creating a new paradigm for the metaverse

February 22nd, 2022

Projects Introduction:

EnterDAO is a Web3 and metaverse-focused DAO organisation. Through core products such as LandWorks and MetaPortal, EnterDAO is dedicated to improving the capital efficiency of metaverse real estate and addressing the keypoint of bad user experience and high barriers to participation. Empowering virtual property owners, investors, brand owners and a variety of high risk appetite players.

LANDWORKS Product Forms: A decentralized protocol that supports the leasing of virtual land in the Web3 metaverse, now users can leasing land from Decentralland. Through Landworks, landowners can turn their land into interest-bearing assets to earn passive income; land leasers change the costly model of buying and holding land over time to earn in-game rewards by leasing land in the game .

98KDAO tips: Users can purchase Decentralland land through Opensea and then pledge the land in LANDWORKS Smart Contract, the pledge certificate can be deposited in EnterDao and will then yield ENTR tokens.

MetaPortal is a cross-platform Web3-enabled desktop app serving as a single point of entry/access to different Web3 metaverse games. Essentially serving as a portal to Web3 Metaverse games.MetaPortal provides the infrastructure for game developers and aims to further the development of the web3 space and drive the development of web3 applications.

MetaPortal & Steam Comparison

Metaportal's vision is to create a Steam-style game server; in terms of the types of games supported by the server.Metaportal mainly supports web3 games such as ILUVIUM; Axie; Unchained etc., whereas steam is currently is the world's largest digital computer game distribution platform, covering almost all game genres; the development thrust is slightly different; Metaportal is dedicated to building a metaverse gaming portal and promoting web3 applications, while Steam is dedicated to to create the ultimate destination to play, to discuss and create games.Both are committed to developing social systems, Metaportal will later open up the ability to invite friends and see their online status and chat, while Steam has been Steam has been supporting the Stea feature since 2008, allowing players to upload screenshots to the community and share them, as well as using the cloud archive feature to synchronise their progress. Metaportal currently supports to connect user’s past wallet directly or creat a new wallet account in Metaportal, Steam does not have this feature at the moment.

Project Highlights：

1.The project is backed by top investment institutions such as delphi digital.

2.Proposes a concept that focuses the content of metaverse games not only on virtual land and characters, and proposes more possibilities.

3.The team is experienced, and EnterDAO's core team has been building decentralized applications and infrastructure through LimeChain, Proof Systems, Universe.xyz and BarnBridge since early 2017. part of the EnterDAO team launched this year's more advanced NFT： Polymorphs and Lobby Lobsters.

4.Landworks is a key incentive for early users to maintain their commitment to a metaverse project, as well as attract new capital. It's positive-sum for both lenders and renters - a new passive income source and a low-risk option to experiment distribution channels and monetization strategies in the metaverse

5.Metaportal makes it easy for users to meet their data needs for the metaverse world, and users can launch a small company of their own from the portal by choosing an organisation to work with Metaprotal.

Economic Models:

EnterDAO's governance token is ENTR, with a total offering of 100 million. The ENTR shares of the team and early stage investors will be locked in for 700 days, with 1% unlocked each week.

Token Distribution:

Founding team;advisors and future contributors :24%

Seed investors: 11.39%

LandWorks lender rewards: 8%

LandWorks renter rewards: 4%

MetaPortal user rewards: 4%

DEX LP rewards: 13%

Yield Farming: 8%

DAO Staking rewards: 5%

Community discretionary: 6%

Multi sig: 4.61%

DAO Treasury: 12%

Token Price and Market Value:Based on latest price

EnterDao's latest price is 0.51 USDT, with a current circulation of approximately 17.91 million pieces and a circulating market cap of approximately 9.13 million USDT.