How does HOPR's new governance scale into the web3 future.
26 May 2023, 15:00
How does HOPR’s new governance scale into the web3 future? 🔎
As the HOPR ecosystem grows, more and more entities will need to access governance in different ways. 🔥
We plan to expand and improve on the tools we use to manage the governance while retaining the core flow:
🫴 Propose
🗣️ Discuss
✍️ Sign
🗳️ Vote
As token holders, you’ll always be able to participate in the governance of HOPR, but the new system will allow you to focus your attention on the parts of HOPR you care about most. 💛
We think it also should help reduce legal liabilities where appropriate: individual entities using the new governance system will be incorporated (or not) in the most appropriate forms and jurisdictions for their use case. 🤝
As participants, legal risks should hopefully be mitigated because it will be clear that this is NOT an overarching DAO with everyone working together towards a narrow goal. 🛑
Instead it is a true ecosystem comprised of independent actors and entities working separately, albeit with shared values. 🎯
Although it’s very different from what’s come before, we feel this approach is the best fit from both a legal AND web3 perspective. 🚀