The rise of decentralized autonomous organizations (DAO) has gradually redirected the crypto-economy to the essence of Blockchain and returned governance rights to the community, which promotes a new revolution in community autonomy for Blockchain projects.
Multi-DAO allows Xmultiverse gamers to initiate proposals and vote on general decisions related to jurisdiction, including game themes, trading mechanics, social and media updates, treasury control and development direction.
On-chain governance of smart contracts
Xmultiverse governs the parameters of Blockchain network through smart contracts embedded in the Genesis block, specifying the number and proportion of seats for each on-chain governance participant. Any participant is able to initiate proposals while only participants in the governance seat are able to vote and decide the approval. At last, the approved proposals will be executed through smart contracts.
Open and transparent on-chain governance
Multi-DAO will be owned, operated and managed by a broad and diverse community with an open and transparent, easily auditable and traceable process, ensuring fairness throughout the whole process while improving the efficiency of decision-making. A full description of the Multi-DAO community will be introduced in Xmultiverse 2.0.
Contribution-incentivized on-chain governance
Multi-DAO rewards will be distributed to DAO members who meet different requirements. For example, those who held specified NFTs before Xmultiverse went live; those who participated in early Snapshot proposal voting or owned specified tokens before Season 0. Multi-DAO will continue airdrops in the future to community activists, development promoters and sights raisers.
