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Charles Hoskinson humorously reacts to the Herd proposal, a decentralized music and DJ battle game that integrates blockchain and NFTs.
Cardano’s founder, Charles Hoskinson, recently reacted to a new gaming proposal within Project Catalyst, a hub for community innovation. The proposal, put forward by Pierre Aceituno, outlines the development of Herd, a decentralized music and DJ battle game. This game aims to integrate blockchain technology, NFTs, and community governance.
A Unique Gaming Experience
Herd allows players to mix sound packs in real time while engaging in DJ battles that are streamed live on Twitch. Notably, players can compete against AI and earn rewards through active participation in the community.
The game leverages the potential of NFTs, enabling artists to monetize their work by creating sound packs. Moreover, artists will receive royalties from in-game transactions and secondary market sales. This could help to promote sustainable revenue streams for creators.
In a recent social media post from Romain Pellerin, the CTO of Input Output, Hoskinson humorously reacted to the ambitious project. He posted a gif with the remark, “He’s gone mad with power,” highlighting his amusement at the bold vision Aceituno presented.
https://t.co/cBAuyo8Rzy pic.twitter.com/HZtUZt3vE1
— Charles Hoskinson (@IOHK_Charles) October 13, 2024
Dual-Token Economy and Community Governance
The Herd project incorporates a dual-token economy, featuring a stable utility token for purchasing in-game assets and entering tournaments. Additionally, the governance token empowers players to vote on decisions related to treasury allocation and future game development.
Furthermore, the proposal plans to establish a Decentralized Autonomous Organization (DAO) in Japan. This DAO will manage the intellectual property, oversee the Herd project’s development, and govern the treasury. This structure aims to distribute rewards to players and artists while ensuring effective project management and sustainability.
Partnerships and Technical Framework
The Herd project relies on several strategic partnerships and technologies. Notably, it will integrate with Midnight for NFT management and privacy features. The launch of Herd depends on the successful release of the Midnight mainnet, although an alternative plan for the Cardano mainnet is also under consideration.
Partnerships with community projects such as HOSKY Token and NMKR are essential for driving early adoption and enhancing visibility. The integration of the Paima Engine will facilitate seamless blockchain interactions. The Herd team will also collaborate with HOSKY to create flagship sound packs essential for the game’s success.