October 25, 2023

🆕🗞️Empowering Metanauts in Shaping the Future: Introducing the DGMV Governance System🌐👥

Greetings Metanauts,

We’re super excited to introduce our upcoming DGMV governance system.

Before we dive in, it's important to note that our governance model is currently under development and subject to changes. We will be providing comprehensive information on our Gitbook page to initiate discussions, gather valuable insights, assess comprehension, and determine if any adjustments are needed. This is why we are sharing this update with you at this time.

When we make it official, Governance will be the heart and soul of our ecosystem – here to empower every token holder to actively shape our future community and safeguard our token economy. Read on to find out more.

WHAT CAN TOKEN HOLDERS DO IN THE GOVERNANCE SYSTEM?

Create proposals Got a great idea to enhance our ecosystem or shape the future of Web3? Outline your vision in a proposal, ask your fellow community members to fund your initiative and start the innovation journey. Your proposal could suggest…

  • Governance process changes to improve community collaboration

  • Improvements to your favorite UTXO chain and ways to implement DGMV IP

  • DGMV IP Vault fund allocation to support a charity close to your heart

  • Setting up a reward to attract people with the right skill set to solve a problem for the good of the ecosystem

Show your support Give feedback on draft proposals, work with the creators to improve them and lock your tokens against promising proposals to promote them to the voting stage.

Vote for proposals Your voice matters. Cast your vote for or against proposals to directly influence the course of our community and how the $DGMV token re-enters circulation.

Manage IP Vault funds The IP Vault is the treasure chest that fuels our ecosystem, and you have a say in how it's managed. Let’s explore its three key aspects:

  1. Whether to extend the lock up period for the funds in the IP Vault to provide more financial security to the ecosystem, by preventing tokens from re-entering the circulation for longer.

  2. How and when to refill ecosystem wallets – funds need to be allocated to various ecosystem wallets for development and initiatives

  3. Whether to use IP Vault funds to support internal or external projects and partnerships

HOW CAN I GET INVOLVED?

To access the governance mechanics, you must be a token holder with a minimum amount of 1,000 $DGMV tokens locked in the governance contract. Here’s why:

  • To keep the power of $DGMV tokens in hands of the token holders and community

  • To support innovation from within the community and expand beyond our own projects

  • To keep every proposal, vote, and outcome transparent, trustworthy and accountable

  • To maintain fairness and inclusivity – 1000 $DGMV grants participation, but governance power is based on investment, contributions and commitment

  • To guide us in our mission of providing secure, decentralized ways for everyone to truly own their identity

By getting involved in these governance elements, you’ll help the DGMV ecosystem stay dynamic, innovative and responsive to our community’s needs. As we grow, this community will decide how to use our success to create a better world.

Join our journey for creating a robust governance system today, your feedback will help us build the tools for a vibrant DGMV ecosystem!

Over and out.

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