# Welcome to NutsDAO

NutsDAO is a non-profit poker game platform with NFT, Play To Earn and DAO components.In a poker game, the [nut hand](https://en.wikipedia.org/wiki/Nut_hand) is the strongest possible hand in any given situation.\
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DAO ([Decentralized Autonomous Organization](https://en.wikipedia.org/wiki/Decentralized_autonomous_organization)) is an organization that is transparent, controlled by the organization members and not influenced by a central government.\
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DAO in Chinese has two meanings in relation to our project:​[道](https://en.wikipedia.org/wiki/Tao), the natural order of the universe. This concept has a similar meaning to DAO, which emphasizes natural order over centralized power. We will be [distributing all project's revenue](https://www.nutsdao.org/nutsdao/poker-game/revenue-distribution), which is one kind of 道.到, arrive. Which is when the player hits a nut hand in the game.

DAO in Chinese has two meaning related to our project:

1. [道](https://en.wikipedia.org/wiki/Tao), the natural order of the universe. This concept has similar meaning to the DAO, which emphasis natural order over centralized power. We will [distribute all project's revenue](https://www.nutsdao.org/nutsdao/poker-game/revenue-distribution) which is one kind of 道.
2. 到, arrive. Which means player hit a nut hand in the game.

Using this name, our vision is to **build the best poker game platform**.

The first version of NutsDAO Poker will be a centralized game, like most poker games in the market. We will build different component block by block to bring the platform into a decentralized and community-manageable space.

## Poker game

The game client is developed by a team who has more than a decade of experience in developing poker games.

Our first release will be Android and iPhone version, with windows and Mac version on our roadmap. 

![](https://2179122838-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fzz9l9M18PqsP7XmKWKuJ%2Fuploads%2FuJgA6NvnSRQomo120SbS%2F01%E6%A1%8C%E5%86%85_%E6%95%88%E6%9E%9C%E5%9B%BE.jpg?alt=media\&token=f8dfc6b0-9bab-4b2b-9ed6-03a49def22ad)![](https://2179122838-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fzz9l9M18PqsP7XmKWKuJ%2Fuploads%2Fv2vevSi8Skfqnl28yMmi%2F02%E7%89%8C%E5%B1%80%E5%9B%9E%E9%A1%BE_%E6%95%88%E6%9E%9C%E5%9B%BE.jpg?alt=media\&token=69233d52-e14c-43be-ba54-6108de78b279)![](https://2179122838-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fzz9l9M18PqsP7XmKWKuJ%2Fuploads%2FSHDSKUvkoi7SMC5DPCB4%2F%E4%B8%AA%E4%BA%BA%E8%B5%84%E6%96%99_%E6%88%91%E7%9A%84%E6%95%B0%E6%8D%AE_%E7%89%8C%E5%B1%80%E8%AF%A6%E6%83%85.jpg?alt=media\&token=560d852f-bec5-4187-9af3-a82736e340f9)

## Play to earn

One of NutsDAO's core concepts is using a Play-to-Earn pool to distribute project P\&L to all poker players.

The detailed PTE rules will be explained in the [Play-to-Earn](https://www.nutsdao.org/nutsdao/poker-game/play-to-earn) session.

## NFTs

NutsDAO's NFTs serve three major purposes:

1. Fund Raising
2. Revenue Distribution
3. Player Equity Differentiation

## NutsDAO Poker utility token: $NUTS

The utility token NUTS will be used in-game to pay for RAKE and all sorts of gaming items. $NUTS to NutsDAO is very similar to BNB to Binance, the major usage is fee discount.

For example:

1. Users need to pay **1 USD** as fees
2. If a user has a $NUTS token, the platform will take **0.8 USD (20% discount)** worth of NUTS tokens as fees
3. If the user bought the $NUTS token a long time ago, and assumes his cost of the token is **50%** of the current price
4. He is basically only paying **0.4 USD (60% discount, 0.8 USD x 50%)** as fees

So, if a player expects that him/her will play a lot in this game, he/she should buy the $NUTS token in advance (or in a dip) to save on fees. Similar to a trader who expects to trade a lot in Binance will buy BNB in advance as well.