What is Bibliotheca DAO? All You Need to Know About LORDS

Bibliotheca DAO is a web3 game studio revolutionizing the landscape of decentralized gaming. This DAO is the custodian of an open-source permissionless gaming ecosystem called “Settling of the Realms” on StarkNet, a Layer 2 Zero-Knowledge rollup. Featuring 8000 Realms of varying rarity, the “Realmverse,” as it is known, has a rich and dynamic macroeconomic system and a native cryptocurrency, the $LORDS token, which plays a central role within the game, serving multiple functions, such as: providing liquidity points for players; buying and selling resources generated on the Automated Market Makers, as well as building upgrades on the game.

Bibliotheca’s development of an on-chain, open source, expandable hyperverse is extremely innovative because it incorporates several tried blockchain, NFT, and gaming features to the project, making it attractive for crypto and gaming enthusiasts.

What is Bibliotheca DAO?

History of Bibliotheca DAO

Originating from a weekend hackathon in September 2021, Bibliotheca came to life through collaborative efforts by RedBeard and LordOfAFew.

Their initial project was to graph all of the projects in the Lootverse and create a concise dashboard for assets through open-source collaboration. However, during the project, with helpful inputs from the community, their initial vision transcended into something much bigger: creating an entirely new, ever-expanding, self-sufficient, open gaming protocol constructed on a Layer 2 (L2) network.

The DAO’s goals, detailed in its master scroll, encompass both short and long-term objectives. The main one is to be able to construct, launch and help manage an expansive, self-sufficient open gaming protocol, where the DAO members work as active participants in the community’s decision-making process.

Strategically, the organization is positioning itself in the first wave of on-chain games that use STARKS on StarkNet, titled ‘Realms: Eternum.’ Bibliotheca also commits to sharing the methodologies, processes, technology, and knowledge learned by the developers contributing to this project with everyone, as well as providing funding for entities or individuals who wish to expand Realms (on a consensus basis).

As of 2024, Bibliotheca DAO funds 15 tech-savvy contributors working on Realms, who come from a diverse technological background: Web3 natives; .cairo developers; AI/ML developers; frontier pushers; full-stack developers; designers and storytellers; gamers and game designers; and Hackathon winners.

In alignment with an open-source philosophy, the entire Bibliotheca DAO ecosystem operates on open-source code, inviting players to modify and customize the game. They actively encourage contributions and expansions through its Github, fostering a vibrant, creative, and open gaming world.

Realms: Eternum’s Alpha & Beta versions launched early in 2023, and it is still expanding.

Understanding Realms

Technology

The game’s technical infrastructure is designed to leverage the capabilities of StarkNet, an Ethereum Layer 2 solution employing STARK validity proofs. This innovative technology ensures revolutionary unprecedented scalability and computational efficiency atop the security of the Ethereum L1 mainnet, all at significantly lower costs.

At the heart of the game’s architecture lies a sophisticated technology stack that contemplates languages such as Solidity, Cairo, React, GraphQL, and Typescript. Also, its development architecture introduced modularity and interoperability, meaning that by executing all game logic and state on-chain, Eternum creates a dynamic, open, and composable gaming experience. The stack enables the creation of on-chain worlds where it is possible to execute smart contracts, fostering a fun, decentralized and collaborative ecosystem, allowing for the community to participate and Bibliotheca DAO to foster a decentralized and community-driven development process.

The game’s financial layer is powered by the Bibliotheca stack, developed in order to harness Ethereum’s composability into the gaming experiences in a modular approach, with smart contracts acting as functional units, enabling flexible development and independent scaling.

How Does the Game Work?

Eternum unfolds as a decentralized strategic gaming universe where players are Realm Lords, navigating a dynamic interplay of resource management, strategic alliances, and territorial expansion. The foundation lies in the Realms, each initially generated as a unique entity with distinct traits, challenging players to make informed decisions to balance economic prosperity and territorial security.

At the heart of Eternum’s economy are 22 resources, ranging from commonplace Wood to the rare and magical Dragonhide. Players initiate resource generation cycles by purchasing Labor for their chosen resources, each with a varying cost. The resulting resources, stored as tokens in the Iron Bank, are tradable on the Automated Market Maker (AMM), providing a versatile avenue for economic transactions within the game.

The Raidable Vault introduces an element of risk and reward as Realms accumulate resources in a vault susceptible to raids. Constructing a robust defensive army becomes crucial to safeguard the vault, allowing it to reach maximum production and enabling players to claim a bonus when it reaches 1008 units.

The architectural dimension of the game involves strategic spatial planning and building decay. Realms must judiciously allocate space for military, agricultural, and storehouse buildings, considering the impact on long-term statistics.

The game further introduces mythical Wonders, unique relics tied to each Realm, and Orders, fostering collaboration and strategic depth. They bestow daily bonuses based on their rarity, relics demand vigilant defense to avoid theft, and Orders set the stage for alliances and wars between Realms.

The Orders are displayed in the image:

They add an element of in-game cooperation and competitiveness between players. Whoever is part of one of the Orders is not able to attack other members, and they are able to create in-group strategies to conquer other orders’ assets. With this feature, it is also possible for them to draw alliances and be in a good position with different groups.

The core gameplay involves players initiating resource generation cycles by purchasing Labor for their chosen resources, each with varying costs. These resources, stored as tokens in the Iron Bank, become tradable on the Automated Market Maker (AMM), providing a versatile avenue for economic transactions within the game. A Raidable Vault introduces an element of risk and reward, as the game accumulates resources in a vault susceptible to raids by players.

Realms: Eternum offers players an immersive and perpetual world where they navigate economic intricacies, employ military strategies, and engage in collaborative dynamics with other players to shape the destiny of their unique Realms within the expansive and ever-evolving gaming universe.

What is the LORDS Token?

LORD serves as the primary medium of exchange and governance within the game, being intricately tied to the economic activities of Realm Lords. As players engage in resource generation cycles by purchasing Labor for their specific goals, these resources are stored as tokens in the Iron Bank and become tradable on the Automated Market Maker (AMM) paired with LORD tokens. This establishes a marketplace where LORD tokens act as the means of exchange for resource transactions, but there’s more to this token than just an in-game currency.

Tokenomics

The total supply of $LORDS tokens is capped at 500 million, ensuring a finite amount that underpins the game’s economy. The distribution strategy for these tokens is planned to align with the network’s growth and demand for resources and services, thereby maintaining the token’s value stability.

The majority of $LORDS tokens are allocated through game emissions, with the supply released at a steady rate to balance inflation and growth, expected to span a minimum of 7 years.

A significant portion is retained by the Bibliotheca DAO for discretionary use, and 5% is allocated to the initial development fund for building the game. An initial distribution, the Journey Contract, was made to early Realms holders who opted to stake their holdings, marking a one-time allocation event.

The $LORDS token economics are designed to integrate seamlessly with the gameplay and the overarching ecosystem of the Realmverse. As a fungible token, $LORDS facilitates various in-game actions such as acquiring resources, summoning armies, and constructing structures, thereby serving as a vital means of access and exit within the network.

The token’s issuance follows a long-term schedule, which is carefully calibrated to the network’s expansion, ensuring a gradual release that mirrors the evolving demand for the game’s offerings. The flexibility to trade $LORDS on cryptocurrency exchanges empowers players with liquidity, enabling them to enter and exit the game according to their preferences.

Governance

The LORD token is deeply integrated into the decentralized autonomous organization (DAO) governing Eternum. Bibliotheca DAO empowers its players to actively participate in decision-making processes that shape the future of the game.

By holding LORD tokens, which facilitate voting rights within the DAO, players are able to voice opinions on proposed changes, updates, and overall governance matters. This symbiotic relationship between the in-game economy and governance structure creates a dynamic ecosystem where players not only strategize for their Realms’ prosperity for the sake of advantageous gameplay, but also contribute to the collective governance of the entire gaming universe.

Valuation

The LORD token’s value is underpinned by the scarcity and demand for resources within the game. As players engage in resource transactions on the AMM, the LORD token becomes a reflection of the game’s economic dynamics, mirroring the ebb and flow of resource availability and demand. This intrinsic connection ensures that the token actively represents the actual in-game economy, fostering a more player-driven financial system.

The LORD token is a vital part of Eternum, weaving together economic transactions, governance participation, and the dynamic reflection of in-game resource exchange. As players delve into the intricate strategies of Realm management, the LORD token stands as both a medium of exchange and a driver of decentralized governance, shaping the destiny of the entire gaming universe.

The Realms NFT collection

The Realms NFT collection consists of 8,000 unique Loot Realms, each corresponding to a Loot ID. As of October 2023, a significant portion of these Realms are staked. The collection has over 2,233 unique owners, indicating a diverse and engaged player base.

Each Realm within the collection is a crafted digital world, complete with maps that detail its regions, cities, rivers, and topographical features. The rankings of each Realm reveal the number of these geographical elements, adding layers of strategy and depth to the gameplay.

The Realms have different rarities and are home to 50 Wonders, distributed among the 8,000 Realms. This procedural generation of Realms, based on code forked from a terrain generation project under an MIT license, ensures that each Realm is a unique entity within the Bibliotheca DAO universe.

Is LORDS a Good Investment?

As is often the case in Web3 projects involving cryptocurrency, a number of users may view Bibliotheca DAO’s LORDS as an opportunity to blend entertainment with the potential for financial gain, essentially considering it as an investment avenue. However, it is very important to understand that Realms: Eternum was developed with a focus on delivering an immersive and engaging gaming experience.

This means that profit-making aspects within the game, such as resource transactions on the Automated Market Maker (AMM) and the value of the LORD token, are inherently tied to the gaming experience. LORD is tradable, but it was designed only as a means to reflect in-game economic dynamics; it plays a dual role by serving as a medium of exchange within the gaming economy, as well as a governance tool within the decentralized autonomous organization.

This means that users seeking solely financial returns might not enjoy this experience because they must navigate within the gaming environment, and any profits earned are part of the gaming ecosystem.

The key takeaway from this project is that Bibliotheca DAO is faithful to its core purpose: providing a gaming experience and nurturing a community interested in building this project up. This stands in contrast to the singular focus on financial transactions and speculation often associated with traditional cryptocurrencies and DAOs.

The integration of gaming elements and decentralized governance positions Bibliotheca DAO’s LORDS as a unique mix of gaming, cryptocurrency, and decentralized finance.

Conclusion

Bibliotheca DAO shows how the power of a strong community working together towards a goal has the power to achieve good results. It has pioneered an exciting innovation in decentralized gaming with Realms: Eternum. This web3 game studio has created a rich mixture of innovative technology, open-source principles, and a captivating gaming experience.

The LORD token emerges to improve this ecosystem, serving as the primary medium of exchange, a governance tool, and a reflection of in-game economic dynamics. Bibliotheca DAO’s commitment to open-source collaboration and community-driven development positions Realms: Eternum as a unique amalgamation of blockchain, NFT, and gaming features, catering to crypto and gaming enthusiasts.