Imagine a gaming organization that is decentralized. One that is owned and governed by its members, and has a shared inventory of games’ best items and characters. With world class support staff, esports operations, content creation, and a revenue share model that lets community members contribute and be rewarded in the play-to-earn ecosystem. That is BAYZ.
Founded by mobile esports industry veterans Matt “MobileMatt” Rutledge and João Borges, BAYZ is joined by a world-class collection of partners including strategic partners Yield Guild Games, strong crypto-native investors, and games industry community leaders to establish a leading blockchain gaming guild to expand the life-changing potential of play-to-earn gaming to communities in need.
PLAY-TO-EARN
Blockchain gaming has turned the traditional games model on its head.
It presents a revolutionary model where the ownership of the game assets is given to the players themselves, who are free to buy, sell, trade, and lend out the assets at any time.
Many blockchain games also utilize a token as its in-game currency, which opens up an incredible element called play-to-earn tokenomics. It is common even within traditional games to have an in-game currency, and for players to earn this currency for playing the game. However, in tokenized blockchain games, this currency is a cryptocurrency that holds real world value and can be traded on exchanges back into fiat currency. This enables ordinary players to earn just by playing the game.
WHAT WE DO
BAYZ seeks to acquire the top assets in the world’s top play-to-earn games. These assets will then be leveraged for yield-producing operations to grow the company treasury. Simultaneous to this, BAYZ will expand our community of play-to-earn gamers, offering members exclusive access to our assets under management. These will be lent out to guild members under a revenue share model that allows for members to have immediate earning potential without the need to purchase their own assets. In doing this, BAYZ will be responsible for the onboarding of new players into the metaverse and into the BAYZ guild community within the games we operate.
BRAZIL | SOCIAL IMPACT
Play-to-earn gaming has revolutionized the games industry with titles like Axie Infinity surpassing 2 million daily active users and achieving $781 million in revenue in Q3 2021 alone. Play-to-earn games represent not just a new economic model for video games, but economic opportunity for the individuals who play them.
An Axie Infinity player who earns 150 SLP per day can make over $300 per month at the current market rate of $.07 per SLP. This presents a life-changing opportunity for people around the world — especially in regions like Brazil, where the minimum wage is roughly $200 per month. New economic opportunities like play-to-earn are needed now more than ever, with unemployment reaching 14.7% in Brazil as it is recovering from the economic impacts of COVID. For many of Brazil’s 94.7 million gamers, play-to-earn could be a critically impactful lifeline.
DAO OPERATIONS
BAYZ seeks to expand operations across dozens — and eventually hundreds — of crypto games. To accomplish this, we are using an innovative organizational structure called a DAO, short for decentralized autonomous organization. A DAO is a distributed leadership structure that is decentralized and designed for collective decision making. It empowers the global gaming community to govern the operations of the company, rather than the traditional top-down system.
BAYZ will issue a governance token that will be used as the backbone of the decentralized management process. Community members will be able to freely suggest proposals for the company to undertake, such as purchasing a certain asset, conducting a certain revenue-generating process, or other suggestions to advance the guild. These proposals are then vetted by guild members through a voting process. Votes are calculated taking into account the amount of governance token submitted for or against the proposal, and successful proposals are then implemented by the guild. A rewards system is then implemented to reward guild members based on their level of contribution to executing the proposal. This system ensures those who contribute back to the guild are rewarded, and allows for an open path to contribution.
Anyone in the world, regardless of background, with the passion and skills to contribute to the guild has the ability to be rewarded through this system. As a community-owned and operated company, BAYZ community members will be able to earn tokens through a variety of ways including airdrops, loyalty rewards, activity rewards, participation in the DAO management process, and more. Up to 45% of the total tokens are reserved for the BAYZ community.
To jumpstart our DAO governance process, we are committing $100,000 from our seed round to the first BAYZ Community Fund. This fund will subsidize community-proposed initiatives that have the goal of driving social impact through play-to-earn gaming.
ENTERTAINMENT & CONTENT
There is a tremendous amount of education that must take place to inform gamers about the power of play-to-earn, and help them get onboarded into the metaverse. One of BAYZ’s central missions is to establish the infrastructure for content to be created and distributed that communicates information about play-to-earn games, and guides players as an onramp into the budding industry.
This mission will be accomplished by way of BAYZ’s in-house content production team, as well as support given to content creators in the space who embody the goals and values of our brand. BAYZ’s discord server will also act as a hub for all members in the global gaming community to learn more about play-to-earn and blockchain gaming. This content pillar of BAYZ will enable us to expand our reach to activate new players, and create an incredible environment for guild-based community fandom.
ESPORTS
The esports industry continues to grow, and the Brazilian community remains at the forefront. With one of the most engaged gaming communities, Brazil has the third largest audience for esports among countries worldwide. Almost 95 million of the 212 million inhabitants consider themselves gamers, while 55 million people are unbanked, which shows incredible potential for blockchain gaming in the market to spark financial education.
BAYZ will play an essential role in building the play-to-earn gaming scene in Brazil, and will use the team’s expertise to support esports initiatives with competitive teams, support staff, and championship events. Combining both founders’ expertise in building world-class esports operations, and the strong core of community leaders who have joined the organization, BAYZ will establish one of the best structures to support high-level esports operations within the global blockchain gaming ecosystem.
THE FUTURE
The play-to-earn movement is just getting started, and it is the builders of this industry who will blaze the trail. BAYZ welcomes anyone around the world with the passion to help to join us on this mission to build the future of play-to-earn. Join us on our Discord server and become part of the movement!
We have incredible things in store at BAYZ, and will be announcing more developments soon.
Stay tuned, and we will see you in the metaverse!
-
From the BAYZ co-founders,
João Borges, Matt “MobileMatt” Rutledge
Follow BAYZ:
Discord: https://discord.com/invite/bayz
Twitter: https://twitter.com/bayzgg
Instagram: https://www.instagram.com/bayzgg/
Medium: https://medium.com/@bayzgg
