TON Foundation announces the launch of a new governance model, Society DAO

2024-11-01 16:48:51
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ChainCatcher news, according to the official blog, the TON Foundation has announced the launch of a new governance model called Society DAO, aimed at promoting decentralization and enhancing its growing ecosystem. Society DAO will serve as the organizational body for core ecosystem functions, with founding members including: TON Core (core development, upgrades, and maintenance of the blockchain), TON Studio (developer experience), TON Society (community operations), and the wallet in Telegram (payment method).

The operational model of Society DAO is as follows: Society DAO will publish the goals of the TON ecosystem; DAO members can propose relevant strategies, expected timelines, and specific key outcomes to achieve these ecosystem goals; relevant DAO members will evaluate proposals from various specialized working groups; once approved by the DAO, the foundation will provide funding for the plans, and the community team will be responsible for progress and performance.

The initial goals of Society DAO include: positioning TON as a gateway for real-world cryptocurrency use cases; making TON the most stable and scalable blockchain; and developing a community of developers and users in the super app market.

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