Progressive Decentralization
Work in Progress
As we get started with the vision of building the real metaverse with MatterCity, the founding team will manage all aspects of the platform, including gameplay & tokenomics design, product development & iteration, and fundraising & marketing. This stage is necessary to ensure the platform and its underlying technologies could be funded and developed for the launch.
Time Period | September 2021 - May 2022 |
Who makes decisions? | The founding team |
Who executes? | The founding team |
Who owns (most of) governance tokens? | No one - tokens are not generated yet |
Where does funding come from? | Founding team + early investors |
How decentralized is MatterCity? | No decentralization yet |
Time Period | June 2022 - December 2022 |
Who makes decisions? | The founding team, but community members can submit proposals, conduct off-chain votes, and join the founding team |
Who executes? | The founding team |
Who owns (most of) governance tokens? | Founding team + investors |
Where does funding come from? | Founding team + investors |
How decentralized is MatterCity? | Slightly decentralized |
Time Period | January 2023 - January 2024 |
Who makes decisions? | Both the community (MatterverseDAO) and the team (through permission on-chain voting) |
Who executes? | Mostly the community, with the team managing some critical components of the platform |
Who owns (most of) governance tokens? | Community Treasury (Matterverse DAO) |
Where does funding come from? | Founding team + investors + community |
How decentralized is MatterCity? | moderately decentralized |
Time Period | January 2024 |
Who makes decisions? | the Matterverse DAO (through on-chain voting) |
Who executes? | members in the Matterverse DAO |
Who owns (most of) governance tokens? | The community |
Where does funding come from? | Community Treasury |
How decentralized is MatterCity? | completely decentralized |
Last modified 1yr ago