Ensuring a Fair and Equitable Voice for All Members
Introduction to
UWBO DAO
powerful collective voice. We foster industry development,
protect interests, and ensure balanced representation in
shaping the future of blockchain technology
Tokens
Voting system with Tokens
UWB Token
Distributed to all members with based on their
specific package
1 token equals 1 vote
Members are allocated a capped number of
votes to prevent spam and ensure meaningful
participation
INT Token
Given to Crypto Industrials and SME companies for
raising proposals
Independent UWBO moderators review and approve
proposals to ensure relevance and impact
on the industry
Organizations burn INT tokens when submitting
proposals
DAO
Structure and Governance
Roles and Responsibilities
Members: UWBO members have the right to participate in the DAO by voting on proposals and raising issues
Moderators: Independent UWBO moderators review and approve proposals to ensure they are relevant and impactful
Associations: Blockchain associations use UWB tokens to vote on proposals, ensuring balanced representation
Proposal Submission and Approval
INT Tokens: Organizations use INT tokens to submit proposals. These tokens are burned upon submission to prevent spam and ensure only significant issues are raised
Review Process: Proposals are reviewed by UWBO moderators to verify their relevance and potential impact on the industry
Voting Process
UWB Tokens: Distributed to blockchain associations, each UWB token equals one vote
Voting Limits: Members have a limited number of votes to maintain meaningful participation and prevent spam
Voting Mechanism: Members can vote "Yes", "No", or "Abstain" on proposals
Transparency
Blockchain Technology: All votes and proposals are recorded on the blockchain to ensure transparency and immutability
Reporting: Regular reports are provided to members on the status of proposals and the outcomes of votes
Equitable representation
Balanced Voting Power: The distribution of UWB tokens ensures that all associations have a fair and equitable voice in decision-making
Community Engagement: Members are encouraged to participate actively and collaborate on proposals to shape the future of blockchain technology