IBC DAO, a decentralized autonomous organization, has raised $500,000 in a crowdfunding round from 50 investors across the world, the organization said today in a statement. The DAO aims to help skilled players to become part of the play-to-earn economy that is taking root in India. “Thanks to blockchain technology and the emergence of non-fungible tokens (NFTs) that will now change,” the organization said. The play-to-earn economy plans to flip the gaming industry by giving players control over the assets they own within a gaming universe. Players will get to fully own any assets they accumulate in a game and earn a consistent stream of income through the game.
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