Maker Launches Initiative to Make Dai (DAI) the Stablecoin of Blockchain Gaming


Maker (MKR), the decentralized organization behind the stablecoin Dai (DAI), unveiled on Tuesday that it has kickstarted a new initiative to push the adoption of DAI in blockchain gaming.

According to the announcement, the Dai Gaming Initiative is a showcasing effort to detail the utility of the popular stablecoin across in-game economies.

“Dai’s stability and versatility help to power gaming in much the same way it powers DeFi,” stated the Maker team. “Developers are free to design with no constraints, and players can use Dai in the in-game economies of multiple game worlds.”

Maker has already made significant progress to date, with a number of collaborations including with Axie Infinity, Forgotten Artifacts, Crypto Wars, Marble Cards and SkyWeaver, among others.

To help drive developer adoption, Maker has also launched a DAI Bounty Program that incentivizes developers to integrate DAI rewards directly into their games’ internal economies. These bounties range from $1,500 to $5,000 in DAI.

Given Maker’s successes in the decentralized finance (DeFi) space, the extension into blockchain gaming provides a natural extension that could help bring new users to the growing number of titles in the space as well.

More: Dai Gaming Initiative Announcement
Recent: Axie Infinity Teams up With Maker for Its First Official Tournament

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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