Back to categories
White Paper
Developers’ DAO?
Although Minter is initially developed using the personal funds of the team members, who will receive 10% of the emission as a compensation for their efforts, the project can reach maximum success only by attracting a strong dev community.
DAO should be developed and start operating within a year from the Minter network launch. Up until then, the team will act as an escrow agent holding the issued and attracted funds.
The right to vote in a DAO will be granted to the top 9 validators only, those with the largest amount of own funds. This will allow the project to avoid entering the "political mode" when populist promises can be used to attract a host of delegates.
DAO should be developed and start operating within a year from the Minter network launch. Up until then, the team will act as an escrow agent holding the issued and attracted funds.
The right to vote in a DAO will be granted to the top 9 validators only, those with the largest amount of own funds. This will allow the project to avoid entering the "political mode" when populist promises can be used to attract a host of delegates.