The Paper

INTRODUCTION


Introducing the future of gaming in Africa! šŸŽ®šŸŒ Our decentralized autonomous organization (DAO) is focused on empowering and revolutionizing the African gaming scene, from education and onboarding to value creation. Join us as we strive to make a positive impact, both in the gaming world and beyond. Let's build a better future, together.



VISION

Our vision is to create a thriving, decentralized community that supports the growth and development of the African gaming scene and our flagship project of building an esports org to compete worldwide.Ā  By empowering gamers and creators, we aim to drive innovation and unlock the full potential of the industry. With a focus on education, value creation, and inclusivity, we believe that together, we can shape the future of gaming in Africa and beyond.

MOTIVATION

  • Growing the eSports sceneĀ 
  • We as Africans are under-represented in the eSports scene as a whole and we want to change that. We have the talent, the players, passion and commitment to compete worldwide. We will be driving this in a massive way, as an eSports academy/ organization as one of the flagship deals of the DAO


  • AfricaĀ 
  • Why focus on Africa for gaming? Because the potential is massive!Ā  According to recent reports, the African gaming market is expected to reach over $1 billion by 2025, with a growing audience of over 200 million players. It's time to tap into this untapped market and support the growth and development of the African gaming scene. 75% of all Africans are under the age of 35, representing a big growth opportunity!


  • Decentralized / blockchain gaming & Sports
  • Decentralized and blockchain gaming are revolutionizing the gaming industry by leveraging the power of decentralized technology. This new technology offers players and creators more control and ownership over their digital assets, leading to new and innovative ways of monetizing their passion. For example, virtual real estate and in-game items can now be bought, sold and traded on the blockchain. This opens up new doors for players to earn value from their gaming experiences and creates a more equitable and transparent gaming ecosystem. The potential for decentralized and blockchain gaming is vast and we're excited to see how it will continue to shape the industry in the years to come.

  • EducationĀ  Ā 
  • Our project believes in the power of education as a tool for growth and success in the esports and gaming industry. That's why we're committed to providing our members with valuable resources and training to help them excel as players, managers, and investors. Through our educational initiatives, we aim to empower our members to develop the skills and knowledge necessary to succeed in a rapidly evolving industry, and to build a community of lifelong learners who are passionate about gaming and esports. Our approach to education is collaborative and inclusive, and we believe that everyone has something valuable to contribute to the conversation. Whether you're a seasoned esports professional or a newcomer to the scene, we invite you to join us and take advantage of our educational opportunities.

    Ā 

    GOVERNANCE AND STRUCTURE

    The Project Prodigy DAO will consist of a DUAL STRUCTURE, a token holder governance entity and an operational entity. The operational entity will be incharge of our Flagship project : Esports academy and org The Two structures will be the Project Prodigy DAO and The Prodigy Hub.


    The Prodigy Hub will be responsible forĀ  the daily operations of the Projects Esports side. For example interacting with the players, building and managingĀ  the esports rosters, hosting events, onboarding of gamers etc. The Prodigy Hub will launch a NFT collection for the eSports side and offer holders voting rights in some of these day to day activities (not governance or ownership in any assets of the DAO ), for example what tournaments to enter etc. Giving NFT holders some great IRL utility and making them part of the community, ā€˜managementā€™ etc.


    The Project Prodigy DAO will be the overarching governance entity of the Project and owner of the assets ( in gameNFT) etc.. All token holders with a staked percentage of tokens will be able to participate in the governance via voting, putting forward proposals, discussions etc.

    Every stakeholder ( someone/project/team who has a staked amount of tokens) can put forward discussions, proposals and vote on these proposals.


    By utilizing our holders, gamers, fans and supporters we can build something incredible. We are aiming to be an esports org and lifestyle brand. Representing different countries across Africa and giving all an opportunity to participate in tournaments and eventually represent Africa on a global scale. No more ā€˜world championshipsā€™ without an African org representing us.

    Together we can make this happen.




    HOW WE MAKE IT HAPPEN


    Education and Onboarding

    • Crypto basics (metamask etc)
    • NFT and Game Assets
    • Gamefi, P2E, P&E etc
    • Outreach and activation ( both online and IRL)
    • Seminars
    • Collabs and Partnerships
    • Woman in Web3
    • NFT scholarships
    • Courses and trainingĀ 

    Talent Development

    • eSports academy and organization
    • Grassroots Exposure
    • Events and tournaments
    • Outreach and Activation
    • Training/ coaching
    • Competing
    • Streaming and content creation
    • Social media training
    • Hosting, broadcast and presenting
    • Courses and training

    Value Creation

    • Brand
    • eSports org ownerships
    • Sponsors
    • Events and Tournaments
    • NFTs and in game Assets
    • Partnerships and Collabs
    • Content creation, streaming etc
    • eSports and player management agency
    • Community
    • MerchandisingĀ 
    • Property development, gaming hubs etc
    • Marketing agency
    • Courses and training

    Tokenomics

    Governance - All token holders with staked tokens will have the opportunity to vote in DAO votes, open discussions and form part of the governance of the DAO. Working together and sharing expertise as a collective.





    Imagine a whole community full of ideas and innovative plans, scouting talent and helping develop that talent into something extraordinary.

    CAPITAL AND FUNDSĀ 

    Funds raised in our different funding cycles and different funding rounds will be used to give the Project Prodigy DAO runway to achieve certain goals and become self-sufficient. Funds will be allocated towards purchasing certain NFT assets, in game assets and those used to give gamers the opportunity to use the assets, ( also a big part of value creation for the DAO as the NFTs are owned by the DAO).

    Setup of esports academy/ organization, sports management agency and marketing agency.

    Also through proposals and voting, funds will be allocated to where the DAO members/ stakeholders deems necessary.

    Ā 

    There are certain targets that needs to be met for the whole project to launch and give us the best chance to succeed. If the amount raised is insufficient we will make decisions together as to what is thee way forward!!