#Strategic Shift - Open the IP to licencing: 3rd parties can create games in return for revenue share

1 messages · Page 1 of 1 (latest)

plucky smelt
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Problem: The ILV ecosystem needs additional use cases to boost the market for its assets (Fuel, Illuvials etc.). BUT, there is a clear limitation on focus, time and budget for Illuvium labs to be able to quickly deliver more games / applications.

Idea: The DAO could look into allowing 3rd parties to create mini-games that use the Illuvium IP on the condition that
1- Council and/or Labs review and green-light the ideas first
2- Any such games / apps require the use of fuel and Illuvials (fuel to play the games or unlock features)
2- The DAO receives a royalty for allowing the use of the IP and helping with the blockchain integration in the form of a % of the fuel used in the game (say [50]%). That fuel is then burnt
3- The 3rd party game devs receive the remaining [50]% of the fuel consumed in their game (real % TBD on a case by case basis). They can resell it to generate an income for themselves.

Pros:

  • Provides additional sinks for Fuel and more uses for Illuvials and potentially other assets (e.g. Illuvitars, items...)
  • Aligned incentives: the 3rd party game dev would only benefit if they create mini-games that people want to use fuel on
  • Limited incremental game development cost to the DAO
  • Opportunity for small independent studios to easily step into blockchain gaming and benefit from the infra, IP & community ILV built (not having to start everything from scratch is a strong selling point)
  • Those with WIP (crypto) games can also benefit from integration with Illuvium IP (Illuvium-themed version)
  • ILV could become an infrastructure play in the eyes of investors instead of being seen as only a studio / game token

Cons:

  • Cost and time to discuss and source licensing deals and set up the infra to allow for this to integrate and work smoothly within the Illuvium ecosystem
  • DAO and ILV labs relinquish some control / oversight over the use of the IP
zenith current
# plucky smelt Problem: The ILV ecosystem needs additional use cases to boost the market for it...

So I actually would love Illuvium to go down this route, given the IP is the strongest fundamental it has. The only key problem is to make this the best version of itself you would have to share the 3D assets and other branding aspects with individuals who want to build using the art.

This is dangerous for any project, and takes a lot of work and communication from both sides, so I am not convinced it works at scale. Hopefully infrastructure can be built for something like this in the future.

plucky smelt
tacit horizon
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Hi thanks for the idea.
recently pixelmon did this with monster tycoon and it got bad review. so picking the up the right partners and have some creative control might be important

zenith current
zenith current