MemeLordz Whitepaper
MemeLordz Website
  • Executive Summary
    • Overview of MemeLordz
    • Vision and Mission
    • Integration with DeFi Ecosystem
  • Introduction
    • Background and Inspiration
    • The Importance of Memes in Digital Culture
    • The Evolution of Blockchain Gaming
  • Game Concept and Design
    • Gameplay Mechanics
      • Exploring Memnon
      • Catching & Training Lordz
      • Turn-Based Combat System
      • Future Plans
    • Game World
      • Regions and Environments
    • Characters and Lore
      • Rarity and Attributes
  • NFT Integration
    • MemeLordz NFT's
      • Types of NFTs
    • NFT Minting Process
      • NFT Minting Mechanism
      • Smart Contract Details
      • Code Snippets
    • Marketplace and Trading
      • In-Game Marketplace
      • MemeLordz NFT Marketplace
      • External NFT Marketplaces
  • Economic Model
    • Tokenomics
      • Lordz Token Utility
      • Distribution and Supply
      • Token Taxation
      • Future Plans
    • In-Game Economy
      • Currency Flow
      • Player-Driven Marketplace
    • Revenue Streams
      • In-Game Purchases
      • Transaction Fees
      • Merchandise
  • Community and Governance
    • Community Engagement
      • Events and Competitions
      • Community Challenges
    • Governance Model
      • Player Voting Mechanisms
      • Development Proposals
    • Partnerships & Collaborations
      • Strategic Partnerships
      • Grants and Hackathons
      • In-game Integration
  • Multichain
    • Multichain Interoperability
    • Bridging Technology
    • Blockchain Accessibility
    • Multichain Cultural Hub
  • Farming Ecosystem
    • Onchain Farming Ecosystem
    • On-Chain Transactions
    • Ecosystem Benefits
    • Future Plans
      • Proof of Concept
      • Utilization of Ingredients
      • Ingredients List
        • Meme Dust
        • Metal Dust
        • Diamond Pieces
        • Magic Crystals
        • Rare Herbs
        • Enchanted Wood
        • Mythical Stones
  • Appendices
    • Glossary of Terms
    • Technical Specifications
    • Frequently Asked Questions
  • Security and Compliance
    • Security Compliance
    • Smart Contract Security
      • Auditing Processes
      • Security Measures
    • Data Privacy
      • Player Data Protection
      • Compliance & Regulations
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  • Player Voting Mechanisms in MemeLordz
  • Key Features of Snapshot
  • Flowchart of Player Voting Mechanisms

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  1. Community and Governance
  2. Governance Model

Player Voting Mechanisms

Player Voting Mechanisms in MemeLordz

MemeLordz leverages Snapshot, an off-chain, gasless multi-governance client, to facilitate player voting mechanisms. This platform allows MemeLordz to conduct voting processes efficiently and cost-effectively, ensuring that all community members can participate in governance without incurring gas fees. Snapshot’s flexibility and customization capabilities make it an ideal tool for meeting the diverse needs of the MemeLordz ecosystem.

Key Features of Snapshot

Free Usage: Snapshot enables players to create spaces, proposals, and participate in governance without any gas fees. This cost-free participation encourages higher engagement and inclusivity within the community.

Signed Messages: Votes on Snapshot are cast through signed messages, which are easily verifiable online. This method ensures the integrity of the voting process and makes it transparent and secure.

Multiple Voting Systems: Snapshot supports various voting systems, including Single Choice, Approval Voting, Quadratic Voting, and more. This flexibility allows MemeLordz to tailor the voting process to suit the specific needs of each proposal and the preferences of the community.

Flexible Voting Strategies: The platform allows customization of how voting power is calculated. MemeLordz can utilize single or combined strategies, enabling voting with ERC20 tokens, NFTs, other contracts, and more. This adaptability ensures that all relevant stakeholders can have their voting power accurately represented.

Proposal and Voting Validation: Snapshot integrates tools like Gitcoin Passport, POAPs, and other solutions to validate who can create proposals or cast votes. This ensures that only eligible participants can influence governance decisions, maintaining the integrity of the process.

Custom Branding: MemeLordz can customize its Snapshot space with its own branding, color schemes, and domain name. This creates a cohesive and recognizable governance environment that aligns with the game’s identity.

Fully Open-Source: Snapshot is open-source and operates under the MIT license. The code is publicly available on GitHub, allowing for transparency and community contributions to the platform’s development.

Flowchart of Player Voting Mechanisms

                         Player Voting Mechanisms in MemeLordz
                                          │
                                          ▼
                            Create Spaces and Proposals
                                          │
                                          ▼
                                Proposal Validation
                                          │
                                          ▼
                                Voting Process Begins
                                          │
                                          ▼
                                Players Cast Votes
                                          │
                                          ▼
                                Signed Messages Verified
                                          │
                                          ▼
                             Calculation of Voting Power
                                          │
                                          ▼
                            Multiple Voting Systems Applied
                                          │
                                          ▼
                          Flexible Voting Strategies Implemented
                                          │
                                          ▼
 ┌───────────────┬───────────────────────┴───────────────────────┬───────────────┐
 ▼               ▼                                               ▼               ▼
Single Choice  Approval Voting                             Quadratic Voting     Other Systems
                                          │
                                          ▼
                                Vote Counting and Results
                                          │
                                          ▼
                             Proposal Accepted or Rejected
                                          │
                                          ▼
                                 Results Verification
                                          │
                                          ▼
                            Implementation of Accepted Proposals

Using Snapshot for player voting mechanisms, MemeLordz ensures a transparent, cost-effective, and inclusive governance process. The platform's flexibility in voting systems and strategies, combined with its validation and customization features, allows MemeLordz to cater to the diverse needs of its community. This robust voting mechanism not only enhances the decision-making process but also strengthens community engagement and trust in the governance model.

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Last updated 9 months ago

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