Governance Through NFTs:
Last updated
Last updated
Ravenna Realm is implementing a novel governance model where platform decisions are determined not by traditional token-based voting, but through the ownership of our exclusive NFTs. This governance mechanism ensures that those with a genuine investment in the platform have a direct influence on its direction.
Key aspects of our NFT-based governance:
Decentralized Decision Making: NFT holders can propose and vote on changes to the platform, including feature developments, new partnerships, and community initiatives.
Transparency: All governance decisions are recorded on the blockchain, providing transparency in the decision-making process.
Community-centric: NFT holders are incentivized to participate in the governance process, creating a community-driven platform that reflects the values and desires of its users.
By using NFTs as governance tokens, we align the interests of creators, collectors, and investors, ensuring a sustainable and democratic platform that prioritizes the needs of the community.