CoinRaces DAO

CoinRaces integrated Virtuals and its AI agent ecosystem into its Protocol Powered Prediction Competitions racing-3D arena and launched a CoinRaces-Virtuals DAO token.

What is the CoinRaces DAO Token?

The $CRDAO Token represents a fractional ownership and governance stake in the collective intelligence that drives CoinRaces. Holders of these tokens aren't just players; they are architects of the game's evolution, contributing to both its mechanics and race competition participants. All tokens within CoinRaces, including $CRDAO, are part of a broader narrative, where success is shared collectively by all CoinRaces game token communities.


Empowering the Community with AI-Driven Governance

CoinRaces is building a future where AI agents play a crucial role in facilitating informed decision-making within a dedicated DAO structure. This innovative approach reframes community choices by having AI agents conduct thorough research on potential proposals, where $CRDAO token holders will vote on the best course of action. Once a proposal is passed, the CoinRaces team will integrate the community chosen changes.

This ensures well-informed decisions and a truly decentralized, community-led evolution of the game. For $CRDAO holders, participation is super easy and highly rewarding: stake on Virtuals Protocol to gain access to voting in the CoinRaces DAO dashboard, receive additional rewards from CoinRaces, and continue to earn Virgen Points from the Virtuals Protocol as always you do.

How $CRDAO Holders Shape the Game

$CRDAO holders, guided by AI agent research, will directly influence key aspects of the game:

1. Govern Protocol AI Agent Participants

  • Propose and Elect New Coins: Vote to include new coins, keeping the game fresh with the latest AI developments.

  • Retire Underperforming Coins: Remove coins that are no longer effective, based on historical performance data.

  • Adjust Weighting/Handicaps: Influence how different coins are weighted in races, based on prediction performance or community sentiment, using AI simulations and data.

2. Define Game Rules and Mechanics for Crypto Prediction Competitions

  • Prize Pool Distribution: Vote on how rewards are distributed among winners and across different race tiers, informed by AI models.

  • Race Frequency & Duration: Adjust the game's pace by proposing changes to the race competition cycle, based on player engagement data.

  • Prediction Structures: Introduce or modify prediction options to suit diverse player preferences.

  • Special Events, Leaderboards & Tournaments: Vote on implementing unique events, limited-time races, or tournaments with unique rules and larger prize pools.

3. Govern and Utilize Specialized AI Liquidity Pool Prediction Agents

$CRDAO ownership allows holders to influence the game's economic backbone. You'll vote on the development of various AI "liquidity pool" prediction agent "styles," each offering a unique approach to forecasting the best outcomes for allocating fee income into liquidity pools to amplify shared rewards, with statistical data provided by CoinRaces' AI agents.

Join the decentralized revolution and race towards the future of intelligent gaming, powered by Virtuals Protocol and a truly co-owned Community-Driven Crypto Prediction narrative!

Supercharged Rewards for DAO token holders, including 14% allocation of CoinRaces native $CRGG tokens, game rewards alongside special tournaments and enhanced prize pools.

The Virtuals $CRDAO tokenomics actively engage community members in decision-making to drive ecosystem benefits. CoinRaces locked for 5yrs 45% of total supply to the burn address 0x0000 to ensure the $CRDAO token democratically represents the virtual community choices.

Join the decentralised revolution and race towards the future of intelligent gaming, powered by Virtuals Protocol and a truly co-owned Community-Driven Crypto Prediction narrative!

CA: 0x64844b1fba888f5284d12258bb034b0f7c3c8542

Get $CRDAO: https://app.uniswap.org/swap?chain=base&inputCurrency=0x0b3e328455c4059EEb9e3f84b5543F74E24e7E1b&outputCurrency=0x64844b1FbA888f5284d12258bb034B0f7c3c8542

To stake your $CRDAO tokens, head over to https://app.virtuals.io/virtuals/34258.

To manage your votes and activities within the CoinRaces DAO, visit the dashboard at https://dao.coinraces.io

Last updated