A New Governance Model: Society DAO
The TON Foundation has launched an innovative governance structure called Society DAO, which aims to enhance decentralization and foster community engagement within the ecosystem. This model is designed to shift decision-making and resource allocation from a centralized foundation to the community, ensuring a broader distribution of control and minimizing potential risks associated with centralized points of failure.Transparent Funding and Strategic Goals
Society DAO’s primary mission is to provide open-source access to funding, enabling community projects to secure resources and receive rewards based on achieving key performance indicators (KPIs). This decentralized funding approach is intended to promote transparency and fairness. The new governance model invites members to contribute to the development of the ecosystem, manage projects, and submit strategic proposals outlining objectives, timelines, and expected outcomes. Approved proposals will receive funding from the TON Foundation, and progress will be monitored to ensure alignment with the ecosystem’s overarching goals.Strategic Community Involvement
Founding members of Society DAO include key entities such as TON Core, which handles blockchain development and updates, and TON Studio, which supports developers with resources and guidance. TON Society, another founding member, focuses on community engagement and activities. Beginning in January 2025, Society DAO will publish its initial strategic initiatives for community feedback and refinement. This collaborative approach aims to democratize governance and foster participation across app development, DeFi solutions, stablecoin integration, and more.
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