Decentralized Autonomous Organization (DAO)

Introducing the Metanexus DAO

The Metanexus DAO (Decentralized Autonomous Organization) is a community-driven governance system designed to empower Metanexus ecosystem members. By harnessing the collective intelligence and input of users, the Metanexus DAO fosters a decentralized, transparent, and inclusive environment for decision-making and resource allocation.

Key Features of the Metanexus DAO

Governance by Token Holders:

MTX and MGLD token holders are granted voting rights, allowing them to participate in the decision-making process and shape the future of the Metanexus ecosystem.

Two-Tiered Voting System

A unique two-tiered voting system is implemented, with general decisions open to all token holders and residential house-related decisions exclusive to certain token holders based on their holdings.

Proposal Submission

Users can submit proposals for new projects, improvements, or initiatives, promoting innovation and collaboration within the Metanexus ecosystem.

Treasury Management

A portion of the revenue generated from land sales, residential house sales, and subscriptions is allocated to the Metanexus DAO treasury, and funding approved proposals and rewarding active community members.

Transparent and Accountable

All proposals, voting, and funding allocation processes are recorded on the blockchain, ensuring transparency and accountability for every decision made within the Metanexus DAO.

By integrating the Metanexus DAO into the Metanexus world, we aim to create a self-sustaining ecosystem that thrives on its users' collective wisdom and creativity. This innovative approach to governance will drive the growth and development of the Metanexus platform and establish a truly democratic and user-centric virtual environment.