Early access alpha launch of HyperPlay.xyz and Game7 reveals the launch of Summon. Summon is a gamified community management protocol that rewards decentralized autonomous organization (DAO) members and web3 communities for their contributions. Each DAO member is given a soulbound NFT that evolves as they contribute to the community.
Summon’s automated reward mechanism can be used to fix one of the biggest challenges that web3 communities face. According to Game7:
“Web3 communities suffer from a free rider problem: early community members get allocated or buy up governance tokens at a lower price, but don’t contribute long term.”
JacobC.eth is the founder of HyperPlay and leads product for the Game7 DAO. Game7 is described as an Autonomous Institution with a treasury that’s managed and deployed by the community. This community helps shape capital allocation decisions, define gaming standards, fund open-source software and help make the gaming industry sustainable by ensuring it’s equitable and fair.