$QWAN is a global gaming token enabling decentralized community-led governance and value creation across all segments of the gaming industry.
$QWAN provides both a native governance token for gaming platforms and an expanding ecosystem of related platforms, hubs, services, and communities. The QWAN ecosystem, enabled through $QWAN and the QWAN DAO, can shape the future of the global gaming industry and gaming culture more broadly. The QWAN DAO maintains an open and expansive view of the gaming industry, where gaming, competing, streaming, and building, among the multitude of other gaming activities, enable powerful opportunities for value creation across many stakeholders.
By complementing the existing gaming industry with a token for rewarding gameplay and enabling participatory governance, the QWAN DAO enables the gaming industry to change from within. This change can be driven by focusing the QWAN community on endemic issues for the gaming industry, such as the entire esports ecosystem trying to monetize the same target audience – the gamers – and instead provide direct revenue opportunities to gamers themselves with clear benefits for the ecosystem’s sustainable growth.
By enabling sustainable and responsible monetization experiences, the QWAN ecosystem seeks to change how monetization works and evolves for gaming. Changing the industry’s relationship to sustainable monetization – rewarding gameplay and audience engagement, as well as cooperative game investment and development – is essential to enabling voice and agency for communities. While game developers and publishers monetize their players, and brands/platforms aggregate communities by putting forward products and services that gamers enjoy, QWAN complements existing industry monetization standards by creating the means for those industry actors to empower gamers by allowing them to monetize their gaming experiences and ensure a healthy inflow of revenues towards gamers themselves.
Moreover, the $QWAN governance token brings the opportunity of providing a voice to the gaming community allowing them to participate in decision-making regarding the whole ecosystem monetization flow.
As new technologies emerge and new gaming realities bloom, the QWAN DAO will be able to adapt and change its approach while guided by its “Northstar:” the development of a global, collective gaming ecosystem empowered by a global gaming token, with a decentralized community-led spirit focusing on empowering all segments of the gaming industry.