After the explosion of the metaverse into the mainstream last year, it has presented numerous investment opportunities. The price of digital real estate has soared, along with consumable non-fungible tokens (NFTs) used throughout these virtual worlds.
vEmpire DDAO is an organisation that is providing investors with exposure to these assets. Simply by owning the VEMP token, holders can gain access to profits from these worlds.
The organisation has recently made metaverse news after The Sandbox (SAND) announced vEmpire DDAO would be included in its new season. This has led to a rally and some VEMP price predictions, such as the one from AMB Crypto, have suggested it can keep up the momentum.
A metaverse investment DAO
vEmpire DDAO was created to break down the price barriers associated with metaverse investments and make it more accessible. The decentralised autonomous organisation (DAO) is looking to ensure metaverses stay decentralised and are “not reserved purely for the wealthy”.
vEmpire DDAO has taken this ethos into the governance design of the protocol. It uses a system called delegated decentralised autonomous organisation (DDAO). This is where everyone gets the same amount of votes, preventing wealthy investors from having more influence over the platform.
This organisation then chooses which metaverse investment opportunities it wants to pursue and gives its users exposure to these assets.
Its whitepaper explained:
“Instead of attempting to find winning projects themselves, investors can build exposure to an extremely large number of pooled investment opportunities, that leverage other investors’ capital, and take a percentage of the profits.”vEmpire DDAO was co-founded by the brothers Dominic and Michael Ryder. Dominic Ryder had a career in stock brokerage and has founded other crypto companies, like the investment group Blockchain Private Office. Meanwhile, Michael Ryder is an avid gamer and has a background in audio and video freelance work.
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