Governance Overview
As a community centric NFT Marketplace we love the idea and possibility for the community to actively control and decide for the further development of the NFT Marketplace HolyGrails.
At Holygrails, we believe in taking governance to the next level. Join us in exploring innovative ideas to enhance user participation and community engagement.
We have a lot of Ideas, most of them are coming from our community. You are also welcomed to join our community and discuss -> JOIN US
Voting rights: Token holders can have a say in important decisions related to the platform such as the addition of new features, changes in fees, and listing new NFT collections. These decisions can be made through community voting.
Rewards for staking: Token holders who stake their $HOLY tokens can earn rewards such as additional $HOLY tokens, early access to new features, or exclusive NFT drops.
Governance fund: A portion of the trading fees collected from the platform can be allocated to a governance fund. Token holders can then vote on how to allocate these funds to support various initiatives such as community events, marketing campaigns, or ecosystem development.
Community grants: The platform can allocate a portion of the governance fund to provide grants to community members who are contributing to the growth and development of the platform.
NFT airdrops: The platform can periodically airdrop exclusive NFTs to $HOLY token holders as a reward for their continued support and participation in the platform's governance.
Transparency and accountability: The platform can regularly publish reports on the allocation of the governance fund, the voting results, and the progress of community initiatives to ensure transparency and accountability to token holders.
DAO structure: The NFT marketplace could be organized as a DAO (decentralized autonomous organization), with $HOLY token holders voting on important decisions and governing the platform. This would give the community even more control over the direction of the project.
Community treasury: A portion of trading fees could be directed towards a community treasury that is controlled by $HOLY token holders. This treasury could be used to fund new initiatives, marketing campaigns, or other projects that benefit the community.
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