SNET Ambassador - Governance Framework
  • Governance Framework
    • 1. Introduction
      • 1.1. Governance Framework Purpose
      • 1.2 Goals and Objectives
    • 2. Overview of SingularityNET Ambassadors Program
      • 2.1. Ambassadors Program Structure
      • 2.2. Workgroups and Guilds
    • 3. Governance Framework
      • 3.1. Project/Guild Native Assets and Token Cycles
      • 3.2. Distribution and Use of Tokens
      • 3.3. Workgroup/Guild-specific Decision-making Mechanisms
      • 3.4. NFTs for Capturing Engagements
    • 4. Implementation and Adoption of the Governance Framework
      • 4.1. Transition Plan and Timeline
      • 4.2. Stakeholder Involvement and Community Education
      • 4.3. Long-Term Sustainability
    • 5. Conclusion
      • 5.1. Summary of the Governance Framework
      • 5.2. Future Directions and Opportunities
      • 5.3. Final Thoughts
    • APPENDIX I: Governance Principles and Assumptions Description
      • Page 7
      • Page 8
      • Page 1
      • Page 2
      • Page 3
      • Page 4
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3.3. Workgroup/Guild-specific Decision-making Mechanisms

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Last updated 1 year ago

The ecosystem will employ consent mechanisms that grant decision-making power exclusively to NFT holders.

  • Consent mechanisms: These are used to facilitate decision-making within workgroups and guilds, emphasizing collaboration, active listening, and a mutual understanding of the perspectives and expertise of each contributor. This approach is designed to create an inclusive and decentralized environment that fosters debate, and when possible agreement, on key topics and initiatives.

  • NFT Issuance: By issuing NFTs that grant decision-making power solely to its holders, the SingularityNET ecosystem is designed so that only those who have demonstrated their commitment and engagement in a project can influence its direction. NFT holders, including ambassadors who have received tokens for their contributions, have a vested interest in the success of the ecosystem and are well-equipped to make informed decisions that align with the project's goals and values.

In this context, workgroup and guild-specific decision-making processes are designed to be both efficient and effective. Each workgroup and guild operates as an independent, self-sovereign entity, with its own native tokens and NFTs reflecting the contributions of its members. Decisions are made through consent mechanisms, in which NFT holders collaborate, listen, and reach agreements that are in the best interest of the project.

Decisions will be made through different methods of agreement specific to a group's needs. NFT-holders will collaborate, listen, and use either consensus or consent mechanisms, aiming to reach agreement in what they believe to be the best interests of the project.

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