0xC085
January 10th, 2022

What a great way to start the new year! 

In our previous weekly update, we announced our transition to becoming a full-on investment DAO that will help create multiple income-generating opportunities for our members. In both active and passive ways. So we didn’t waste any time getting started. 

As our main investment areas are NFTs and metaverse, we doubled down on adding more NFTs from proven projects with solid fundamentals and future utility. This week, we went on a shopping spree and loaded up our treasury with many NFTs and metaverse lands. 

Before we get to our NFT purchases, we wanted to remind you about the partnership we made with Dinoland, an upcoming 3D play-to-earn game. We believe this investment will prove worthy in the long-term, as the metaverse play is just getting started. 

0xC085
January 2nd, 2022

When we set out a goal to build a gaming guild, we wanted to empower skilled players worldwide. At the same time, reward our DAO members. In a short period, we have achieved many things for IBC DAO growth. We activated our first guild batch for Axie Infinity players. We also branched out from an investment standpoint by buying proven NFT projects and virtual lands inside the Sandbox metaverse. 

While our vision to make an impact in the P2E economy stays the same, we currently do not have the resources and manpower to scale our operations. So we want to make a transition. That not only helps us play to our strengths but also immensely benefits our genesis DAO members. 

So, from today onwards, IBC DAO is going to be a community focused on investments and expansion of passive income for its genesis members. 

0xC085
December 19th, 2021

It’s been one month already. Wow! 

Thank you to the community members who joined us on this ride. We promise you won’t be disappointed. 

Last week, we kick-started governance proposals to explore new investment options for the gaming guild and IBC DAO treasury. Also, all genesis members have now joined on the snapshot to actively participate in the voting process. 

We also added NFTs from top collections such as NFT worlds and Rumble Kongz to our treasury. We believe both are utility-based assets that will grow exponentially in the future. Currently, the community is exploring new investment ideas, and background research is going on. We will soon launch a proposal to decide based on governance. 

0xC085
December 12th, 2021

It has been a fantastic week for IBC DAO.

We started off by creating a DAO on snapshot. This will allow genesis members to propose new investment ideas in different verticals of the gaming space. As everything we do is consensus-based, it is very important we get everyone on board with the operations and proposals. We expect all members to join snapshot and actively take part in voting. 

The next big milestone we achieved this week is the acquisition of fifty scholar players along with the required Axie pets to play the Axie Infinity P2E game. We believe this acquisition will serve as the foundation of our gaming guild. And we are pleased with the managers onboarding these new players as well. We expect to start the training sessions soon. 

From the investment proposals made on the snapshot, we decided to acquire more virtual lands and utility-based NFTs. The first land parcel we bought is from CryptoVoxels. Community members anticipate it’s going to provide great returns long-term, as it is one of the oldest metaverse projects that still didn’t get enough recognition. The size of the land acquired is 215m². 

0xC085
December 5th, 2021

Last week, our main focus was to acquire NFTs, metaverse lands, and in-game assets to grow the net asset value of the IBC DAO treasury. In the process, we also rewarded our genesis members with a one-of-one NFT artwork. Another featured collection of IBC, CipherPunks, is also listed on OpenSea. 

On top of that, we managed to acquire fifty skilled Axie Infinity players who are ready to go once batch activation is confirmed. 

This week, we finalized a few essential DAO elements like website and guild structure. Before that, we want to appreciate all the community members who joined us on this ride, as our Twitter handle crossed 7,500 followers this week after launching our website. 

The first iteration of the IBC DAO website is now live. We can expect to see web3 integration and guild scholars’ dashboard in the coming weeks. 

0xC085
November 28th, 2021

What a great week to kick start our journey! We are overwhelmed with the support we have received from our community. After successfully completing our crowdfunding round A, we are excited to share the incredible progress we’ve made over the past week. 

The first acquisition we’ve made as IBC DAO is a 3X3 Estate near Republic Realm in The Sandbox metaverse. We believe the metaverse sector is primed for parabolic growth, and having a unique, scarce piece of land in the treasury will immensely benefit the community members. 

We also view this purchase as a long-term hold, i.e., going to create multiple income-generating opportunities for the community. It can be in the form of rent given by advertisers or simply the high demand for rare pieces of land. 

IBC DAO is aimed to expand the P2E economy to new horizons, so we are exploring multiple investment areas such as PFP NFT collections, yield-generating NFTs, and ultimately, play-to-earn gaming projects. 

0xC085
November 22nd, 2021

A New Journey Begins.

IBC DAO is pleased to announce the successful end of its Crowdfunding round A, which raised a total of $500K from 50 crypto investors all around the world. The recently formed decentralized autonomous organization (DAO) will help skilled players to be a part of the play-to-earn economy by removing initial entry barriers. 

For more than a decade, we witnessed games rule players and not the other way around. Players could not own in-game assets and benefit from any utility associated with them. For example, PUBG players cannot trade their skins or outfits with other players or at a secondary marketplace. 

Thanks to blockchain technology and the emergence of non-fungible tokens (NFTs) that will now change. A new, fairer business gaming model with play-to-earn is going to revolutionize the entire gaming industry. Players now get to fully own their assets and earn a consistent income playing their favorite games.