Company future or the way DAO will change our future.

Hi, my name is Andrew and I’m a Producer/IT Evangelist in a gaming software company, Levius, LLC. I’ve got more than 6 years of experience in commercial game industry projects and more than 3 years in IT project development. In fact, my total development experience with IT projects of varying complexity is about 10 years.

Last couple of years we followed up developments and progress in the cryptocurrency and blockchain technology realm. Also we designed various prototypes and devised new business cases. In the meantime, a lot has changed both in industry and minds. We recognized much better significance of those processes and gain clearer view on future world with centralization triumphing over currently obsolete management, funding and interaction technologies.

Relatively recent DAO concept has completely altered our attitude and perception to the ways our company works. Even irregardless of the TheDAO story.

DAO is a decentralized autonomous organization run collectively through smart-contracts making possible for you to introduce initiatives and to vote for initiatives of other participants. Your voting power depends on number of tokens you own. Therefore, it constitutes a kind of an agreement among several teams managing DAO and its assets collectively.

The concept was found to be quite promising. So, we decided to use it developing a hybrid company management model where centralized and decentralized governance are mixed with perfect orchestration.

Such approach should provide us with all DAO advantages while getting rid of its shortcomings such as absolutely uncontrolled company activities and vulnerability to hacking tentatives.

Levius DAO is a hybrid model for company management and profit distribution among all DAO participants, that is, token owners.

Being open is that very discriminating and strong trait for any leading company in the future. To be fair, such mechanism is well known already in finances and it’s called IPO. It is quite similar to ICO but the IPO mechanics is not designed to enable ordinary users or gamers with limited resources to become a part of that world and to earn there. While ICO is more egalitarian. Moreover, decentralization principle per se is a truly democracy institution. Lower expenses and no need to monitor the process unveils a great deal of opportunities for companies, investors and even entire humanity.

Our concept stipulates token owners can make a profit. Ten major token owners will gain 30% of the company profit monthly. Besides, we plan our Levius DAO token to be listed on exchanges for ICO participants. Moreover, we are obliged to buy out tokens. Their price is calculated with a special formula and depends on number of gamers playing our games.

Thus, in 5 years the planned capitalization is to be about 1 bln USD. Besides, LeviusDAO owners should be paid out dividends amounting to 500 mln USD.

Private funding enables us to develop sufficient amount of gaming projects covering the most popular and profitable genres: strategies, farm games, gambling, RPG and CCG.

For the first time ever our developer team admits all gamers along with anybody else to get involved in strategic decision making — just like Levius key figures! Being that close to our gamers and investors should be a key competitive advantage.

In the future more of such hybrid companies will emerge.

For further details on Levius DAO see our Whitepaper.

Thanks for your time!

© Andrew Abdusamatov, Producer/IT Evangelist