Star Atlas DAO
POLIS Rank 1308 Rank 1308
$0.008766 (-9.66%)

Star Atlas DAO POLIS price:

$0.008766 (-9.66%)
1h-0.50%
24h-9.66%
Week-16.46%
Month+0.06%
Year-87.96%
ETH 0.00000357 (-7.65%)
BTC 0.00000011 (-7.58%)
$0.008447 24h Range $0.009929
The live Star Atlas DAO price today is $0.008766, with a 24-hour trading volume of $8,647.45. POLIS has changed -9.66% in the last 24 hours.

Star Atlas DAO (POLIS) Metrics

Basic info
Asset type
Contract Address
Explorers
Market Cap Rank 1308
$2,343,231.00 BTC 29.00
All Time High
$0.697504 09 Dec 23 % to ATH (7,859.13%)
Volume (24h) Rank 3270
$8,647.45 BTC 0.108391
Circulating Supply
Update supply form
267,322,944 Total:360,000,000

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Star Atlas DAO (POLIS)

What is Star Atlas DAO?

Star Atlas DAO (POLIS) is a decentralized autonomous organization associated with the Star Atlas gaming ecosystem, launched in 2021. It was created to empower players and stakeholders within the Star Atlas universe by providing a governance framework that allows them to influence the development and direction of the game and its economy. The project operates on the Solana blockchain, leveraging its high throughput and low transaction costs to facilitate a seamless gaming experience. The native token, POLIS, serves multiple functions within the ecosystem, including governance, where holders can vote on proposals affecting the game's future, and staking, which allows users to earn rewards while contributing to the network's security and decision-making processes. Star Atlas DAO stands out for its unique combination of gaming and decentralized governance, positioning it as a pioneering project in the intersection of blockchain technology and interactive entertainment. This innovative approach not only enhances player engagement but also creates a sustainable economic model within the gaming industry.

When and how did Star Atlas DAO start?

Star Atlas DAO originated in September 2021 when the founding team released its whitepaper, outlining the vision and mechanics of the decentralized autonomous organization within the Star Atlas universe. The project launched its testnet in early 2022, allowing users to engage with the platform and provide feedback before the full public rollout. The mainnet was subsequently launched in June 2022, marking a significant milestone in making the platform fully operational. Early development focused on creating a robust ecosystem for gaming and decentralized finance, integrating blockchain technology to enhance user experience and governance. The initial distribution of the native token occurred through a combination of a fair launch and community incentives, which helped establish a foundational user base and foster community engagement. These steps were crucial in setting the stage for Star Atlas DAO's growth and the expansion of its ecosystem.

What’s coming up for Star Atlas DAO?

According to official updates, Star Atlas DAO is preparing for the launch of its much-anticipated game features and enhancements, with a focus on improving user experience and gameplay mechanics. The next major milestone includes the release of the Star Atlas marketplace, which is targeted for Q1 2024. This marketplace will facilitate the trading of in-game assets and NFTs, enhancing the overall ecosystem. Additionally, the DAO is working on integrating new governance features that will allow community members to have a more significant role in decision-making processes. These governance updates are expected to roll out in Q2 2024. The development team is also focused on performance optimizations and scalability improvements, which are crucial for supporting the growing player base and ensuring a seamless gaming experience. Progress on these initiatives will be tracked through the official roadmap and community updates, ensuring transparency and engagement with the Star Atlas community.

What makes Star Atlas DAO stand out?

Star Atlas DAO distinguishes itself through its innovative use of blockchain technology, specifically built on the Solana network, which offers high throughput and low latency. This architecture enables seamless gameplay and real-time interactions within its expansive metaverse. The DAO employs a unique governance model that empowers community members to participate in decision-making processes, ensuring that the ecosystem evolves in alignment with user interests. Additionally, Star Atlas DAO integrates advanced tooling and developer resources, including an SDK that facilitates the creation of decentralized applications within its universe. This fosters a vibrant ecosystem where developers can innovate and contribute to the platform's growth. The project also emphasizes interoperability, allowing assets and experiences to transcend boundaries within the broader blockchain landscape. Strategic partnerships with various gaming and blockchain entities enhance its ecosystem, providing users with diverse opportunities and experiences. Overall, Star Atlas DAO's combination of cutting-edge technology, community-driven governance, and a rich ecosystem sets it apart in the rapidly evolving world of decentralized gaming.

What can you do with Star Atlas DAO?

The Star Atlas DAO operates primarily through its native token, which serves multiple functions within the ecosystem. Users can utilize the token for governance voting, allowing them to participate in decision-making processes that shape the future of the DAO. This includes voting on proposals related to game development, economic adjustments, and community initiatives. Holders of the token can also engage in staking, which contributes to network security and may yield rewards over time. This staking mechanism encourages long-term participation and investment in the ecosystem. For developers, Star Atlas DAO provides tools and resources to build decentralized applications (dApps) and integrations that enhance the gaming experience. This includes access to software development kits (SDKs) and APIs that facilitate the creation of new features and functionalities within the Star Atlas universe. Additionally, the ecosystem supports various wallets and marketplaces where users can transact with the token, participate in in-game activities, and access exclusive content or discounts, thereby enriching the overall user experience.

Is Star Atlas DAO still active or relevant?

Star Atlas DAO remains active through ongoing governance proposals and community engagement as of October 2023. The project has recently announced updates focusing on enhancing its gaming ecosystem and integrating new features that improve user experience. Development efforts are concentrated on expanding gameplay mechanics and optimizing the underlying blockchain infrastructure. The DAO has maintained a presence in the market with trading activity on various platforms, indicating continued interest from investors and users. Additionally, the community actively participates in governance decisions, reflecting a vibrant ecosystem where stakeholders influence the project's direction. Star Atlas DAO's relevance is further supported by its collaborations with other projects in the blockchain gaming space, which enhance its utility and visibility. These indicators collectively affirm that Star Atlas DAO continues to be an active and relevant player in the decentralized gaming sector.

Who is Star Atlas DAO designed for?

Star Atlas DAO is designed for gamers and blockchain enthusiasts, enabling them to participate in a decentralized gaming ecosystem. It provides tools and resources such as governance tokens and community engagement platforms to support user involvement in decision-making processes and game development. Primary users include players who seek immersive gaming experiences and the ability to influence the game's direction through voting and participation in governance. The DAO structure allows these users to engage actively with the game's economy, contributing to its growth and sustainability. Secondary participants, such as developers and content creators, can leverage the platform to build and monetize their creations within the Star Atlas universe. They engage through various means, including creating in-game assets, participating in governance, and contributing to the overall ecosystem's development. This collaborative environment fosters innovation and enhances the gaming experience for all users involved.

How is Star Atlas DAO secured?

Star Atlas DAO utilizes a proof-of-stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. This model allows participants to stake their tokens to become validators, thereby securing the network while earning rewards for their contributions. The protocol employs cryptographic techniques such as Ed25519 for authentication and ensuring data integrity, which enhances security against potential attacks. Incentives are aligned through staking rewards, which encourage validators to act honestly and maintain the network's health. Additionally, the system incorporates slashing mechanisms that penalize malicious behavior or failures to perform duties, further safeguarding the network against dishonest actions. To bolster security, Star Atlas DAO undergoes regular audits and has established governance processes that allow stakeholders to participate in decision-making. The diversity of client implementations also contributes to the resilience of the network, ensuring that it can withstand various types of threats and maintain operational continuity.

Has Star Atlas DAO faced any controversy or risks?

Star Atlas DAO has faced several risks and controversies primarily related to the volatile nature of the cryptocurrency market and the complexities of decentralized governance. In 2022, the DAO encountered challenges with governance disputes as community members debated the direction of the project and allocation of resources. These discussions highlighted the difficulties in achieving consensus within a decentralized framework. Additionally, the project has been subject to market risks typical of blockchain ventures, including price fluctuations and investor sentiment shifts. The team has addressed governance concerns by implementing structured voting mechanisms and enhancing community engagement to ensure that diverse opinions are considered in decision-making processes. To mitigate ongoing risks, Star Atlas DAO has established transparency measures, including regular updates and community forums. The project also emphasizes security through audits and ongoing assessments of its smart contracts and governance protocols. As with many blockchain projects, it remains vigilant against potential regulatory scrutiny and market volatility, continuously adapting its strategies to safeguard the interests of its community and stakeholders.

Star Atlas DAO (POLIS) FAQ – Key Metrics & Market Insights

Where can I buy Star Atlas DAO (POLIS)?

Star Atlas DAO (POLIS) is widely available on centralized cryptocurrency exchanges. The most active platform is Kraken, where the POLIS/EUR trading pair recorded a 24-hour volume of over $13.95. Other exchanges include Kraken and Raydium (CLMM).

What's the current daily trading volume of Star Atlas DAO?

As of the last 24 hours, Star Atlas DAO's trading volume stands at $8,647.45 , showing a 62.30% increase compared to the previous day. This suggests a short-term increase in trading activity.

What's Star Atlas DAO's price range history?

All-Time High (ATH): $0.697504
All-Time Low (ATL): $0.007645

Star Atlas DAO is currently trading ~98.74% below its ATH and has appreciated +11% from its ATL.

What's Star Atlas DAO's current market capitalization?

Star Atlas DAO's market cap is approximately $2 343 231.00, ranking it #3268 globally by market size. This figure is calculated based on its circulating supply of 267 322 944 POLIS tokens.

How is Star Atlas DAO performing compared to the broader crypto market?

Over the past 7 days, Star Atlas DAO has declined by 16.46%, underperforming the overall crypto market which posted a 1.89% decline. This indicates a temporary lag in POLIS's price action relative to the broader market momentum.

Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.

All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.

Coinpaprika is not liable for any losses resulting from the use of this information.

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Star Atlas DAO Basics

Website
Asset typeToken
Contract Address
Explorers (1)
Tags
  • Solana (SOL) Token (8127)
  • Gaming (637)
  • Metaverse (147)
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