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Introduction to Fate.Dao

Allinta Rose
5 min readSep 3, 2022

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Introduction & Mission

FATE is a community owned and social partner DAO for promising blockchain powered gaming investment-based ecosystems. Fate is about bringing people together, bringing up fantastic project ideas, which can create a passive income source for people. The Dao can vote on any project proposal, either passed or rejected, using the dao governance token named Destiny $DNY.

Their focus at launch is a fun betting game, The Gamblers Inferno, with in-game dominating token $TGI. Harnessing Destiny $DNY holders control DAO-held assets (Masterpieces, Catalyst Drives, Prime Keys, etc) which collectively participating in governance and growth by deciding game projects, hosting tournaments, sponsoring players, and creating content, and anything else proposed by the DAO.

FATE intends to develop an ecosystem that crypto lovers and people in the Defi world can leverage on. The idea is that people in the community can build a passive income and can work towards financial freedom.

Governance

FATE is community owned and governed by $DNY token holders. The $DNY token enables community ownership and active stewardship of the protocol. $DNY’s holders govern the protocol through an on-chain governance process.

The Governance Process

FATE is a true Dao. Only the keepers, the order and the collective can vote. Proposals can be proposed by one of these three fellowships. If the proposal is approved

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Allinta Rose
Allinta Rose

Written by Allinta Rose

I write about Crypto, Making Money, Gaming & Health. I am dedicated to creating bad ass content. Like my work? Contact me here https://lift.bio/allintarose

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