Z7DAO — Living Esports in a Whole New Way
Z7DAO is a new way of looking at eSports team ownership. Its decentralized autonomous organization can empower individuals, professional gamers, and the community.
Z7DAO aspires to be the first decentralized Esports association, and we’ll be looking into this project closely in our assessment. We will review this initiative in today’s article in a neutral way for our readers.
Understanding How Z7DAO Works
What does Z7DAO wish to achieve? And how does the team plan to create market traction on this new product? We will answer all these questions in the following subsections.
Giving a Voice to All Esports Fans
A new team decided to establish this project thanks to its expertise in gaming, esports, and the crypto industry. Fans, players, and investors may be looking at this initiative with interest.
The founders discuss providing the industry with a voice, vote, and authority through this new DAO. Using Z7DAO’s smart contract technology, a community-run and owned Esports organization can enter all fans’ and players’ daily lives.
We’ve detailed Z7DAO’s market offer for our readers in the following sections.
The Launch of a New Token
The 1 billion tokens that Z7DAO will have a pre-determined allocation:
- DAO Treasury: 30%
- Marketing: 22%
- Private Sale: 15%
- Seed Round: 10%
- CEX Listing: 5%
- Public Sale: 5%
- Advisors: 5%
- Team: 5%
- Initial Liquidity: 3%
The $Z7 coin will have a detailed token utility on this new system. First of all, token holders will be part of the DAO and have voting rights in the project’s future.
Staking is a popular system in the crypto industry to collect passive income while locking away funds. Having $Z7 in a wallet will also allow staking these tokens on the platform. This practice will enable users to contribute to a liquidity fund for retired players and other advantages.
The Z7DAO ($Z7) coin, according to its developers, will bring together players, fans, and investors in the Esports business. As indicated by Z7DAO, people can use the token to join a transparent system with decentralized governance.
How Can Players Benefit from Z7DAO?
The team also acknowledges that talented players may not have the financial resources to participate in a professional competition. Z7DAO aims to make esports more accessible to the general population by making it easier to participate.
Z7DAO wishes to enable esports players to establish a long-term source of revenue on the market. In addition, Z7DAO envisions a world in which the most skilled esports players can advance in their professions.
The initiative’s goal is to create an environment where players can fully concentrate on their training and competition preparation.
A New Platform for Esports Fans and Investors
The team was unambiguous when it stated that it feels the existing esports market has several limits. When it comes to deciding the future of an esports team, fans have no say.
This framework, according to Z7DAO, constitutes an immense barrier to the industry’s growth. A fan-driven method allows esports fans to offer new ideas and vote on the team’s future. As an example, supporters might come up with proposals for squad changes, tournament participation, and sponsorships.
As Z7DAO points out, starting and running an esports team may need a lot of time and money.
The creators highlighted that leading a team may be difficult even for individuals who have a lot of financial resources. Z7DAO has a launchpad section that allows consumers to invest in esports teams.
The Project’s Future Developments
The team follows a roadmap divided into phases. The founders plan to launch the $Z7 token and the Z7DAO portal as a first step. The project will see the creation of the first e-tournaments, and investors will access the esports team launchpad previously mentioned.
Afterward, the stream and the watch-to-earn system will go live, and the developing team will focus on the Z7DAO Game. Finally, the team expects to create a retired esports team fund, as we explained while mentioning Z7DAO’s staking system.
The goal of the Z7DAO cryptocurrency is to give its users an open, secure, and reliable environment. The project dreams of providing its users with a sense of community by developing a network of token holders.
With this concept, crypto enthusiasts might pool their resources to buy Esports teams together. Z7DAO has a website and social media pages where readers may get the latest information on the project.
Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site. Trading cryptocurrencies is a highly risky activity that can lead to major losses. You should consult your financial advisor before making any decision.