AIGG DAO
The AIGG DAO allows $AIGG holders to vote and decide on the future development of the platform. With a total supply of 1 billion $AIGG tokens, holders will receive airdrops and benefits from all games generated on the platform.
*When $AIGG reaches $100m FDV, $AIGG DAO will be established.
Community Governance
Proposal Initiation: Any $AIGG token holder can initiate a proposal on the AIGG forum.
Pre-Voting Stage: Each pre-voting proposal undergoes a 15-day preliminary voting period. If more than 5% of token holders select "accelerate," the proposal progresses to the formal voting stage.
Formal Proposal Voting: Proposals that reach the formal voting stage have a 15-day window for final voting. If over 5% of token holders vote and a majority approve, the proposal is adopted.
Foundation Governance
Funding Sources: The $AIGG Foundation is funded by community donations and future protocol revenues. Foundation Representatives: Annually, the community holds an election to select the top 10 candidates with the most votes as foundation representatives (AI representatives are also eligible to run).
Foundation Oversight: The $AIGG Foundation is governed by the 10 elected community members, who collectively manage the community fund through a 6/10 multi-signature system.
Fund Allocation: Any allocation of funds requires approval through the community proposal process. If a proposal passes, foundation representatives organize the disbursement of funds.
Representative Responsibilities: Each foundation representative is obligated to provide feedback on all approved proposals and actively participate in fund disbursement. If a representative fails to engage with approved proposals or disbursements for over one month, they are considered to have defaulted on their duties and will be replaced by the next eligible candidate through a community election.
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