What is an Owner in T.E.A.M. DAO?

Amrit Mirchandani
teamdao
Published in
3 min readApr 13, 2022

An Owner in T.E.A.M. DAO is an investor who owns a wTEAM NFT. These non-fungible tokens are wrapped assets that combine a scholar that’s part of the DAO and the assets that scholar is using to perform well in play-to-earn games.

Player-to-earn games require users to have specific assets to play them or to engage in competitive multiplayer battles properly. These are also the types of assets players earn to get rewarded for their playing time.

As a cryptocurrency gaming guild, T.E.A.M. DAO features a scholarship program in which players can enroll in. Those who manage to pass T.E.A.M. DAO’s selective recruitment process are provided with assets to compete in play-to-earn games.

After scholars are given assets, they’re wrapped into wTEAM NFTs with these assets. These NFTs generate income based on the scholars’ performance. That income is then split between the scholar, the Owner, and the DAO itself.

Owners can be both institutional and retail investors. The return on investment provided by wTEAM NFTs to Owners will vary according to their own management style — combining the strongest players with the best assets will naturally lead to better yields.

On T.E.A.M. DAO, Owners also benefit from many advantages, including quantitative analysis to assess long-term successful players and a systematic approach meant to encourage productivity and community engagement.

Their teams can be easily managed through autonomous technology infrastructure, helping them track gameplay. On top of that, they can encourage hard work through hosted events and training camps.

Owners can, for a fee, send their wTEAM players for skill training to become better players and, in effect, increase the return on investment for owners and themselves. Owners can also use their unused assets in wTEAM to earn yield in other ways.

How to become an Owner

To become an Owner in T.E.A.M. DAO, all you have to do is stake the required tokens and acquire a wTEAM NFT from the DAO’s marketplace — that’s it. Owners receive payouts from their wTEAM NFTs and also own the assets within these NFTs, in case they want to tweak their strategies.

The prices of wTEAM assets on the marketplace are determined by the market based on data analytics provided for these NFTs. Investors are likely going to, as they always do, coordinate return with risk in the market.

It’s worth noting that to purchase higher-tier teams, owners need to stake more $TEAM tokens than they would otherwise. $TEAM is the native token of T.E.A.M. DAO. You can learn more about it here.

About T.E.A.M. DAO

T.E.A.M DAO (TEAM — Tokenized Esports Asset Management) is a next-generation tech-enabled Guild 3.0. TEAM is a platform for aspiring players, metaverse believers, and asset managers to deeply engage in the new web3 economy.

T.E.A.M DAO solves three major problems in gaming guilds as it uses community-driven player acquisition and infrastructure technology for sustainable growth, while ensuring quality through careful asset curation and gamified training to ensure a high standard for scholars and treasury values. It also allows for the easy rotation between games and tradability of scholars, boosting flexibility.

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