PANews reported on November 1 that according to The Block, the TON Foundation launched a new governance model called "Society DAO" to promote the decentralized development of the TON ecosystem. Society DAO aims to allow community projects to obtain resources and rewards based on key performance indicators (KPIs) through open resource access. The DAO encourages community members to participate in decision-making, resource allocation, and project management to reduce the risk of single point failures caused by centralization and enhance autonomy and growth.
The primary goals of Society DAO include positioning TON as an entry point for real-world cryptocurrency applications, ensuring it becomes the most stable and scalable blockchain, and promoting the growth of the developer and user community. The DAO will also release the first half-year plan from January 2025 and invite community feedback to jointly develop future development strategies.
