💡DAO

Capverse will adopt the organizational form of a Decentralized Autonomous Organization (DAO).

The unique and collectible properties of NFTs make it possible for players to fully own all in-game assets, props, and characters in a decentralized game.

With the characteristics of blockchain gaming, players can govern the direction of the game's development through governance tokens $CAP and participate in maintaining, upgrading, and improving the blockchain game through voting. The game is designed with players at the core, working together with top game companies or institutions in a distributed and decentralized operation.

Investors, managers, and community users of Capverse will form a DAO-style autonomous committee, which will safeguard the standardized operation of the ecosystem through smart contracts.

The $CAP decision-making layer is composed of all $CAP holders/organizations, who have speaking, participation, and voting rights. The decision-making layer will approve or reject proposals through a voting mechanism.

Based on the voting results, Capverse will formulate relevant policies and plans, and be jointly responsible for implementation and landing. This includes:

• A preliminary review of the proposal to determine whether to include the proposal as a matter to be considered for on-chain voting;

• Supervision of the use of funds and ecological construction;

• Regular publication of financial management reports and audit reports;

• Providing underlying technical solutions;

• Operating the Capverse game economy system to promote secure and compliant services in the ecosystem;

• Expanding cooperation channels and docking with cooperative resources.

Capverse is the initiator and legal entity of the project. The $CAP autonomous committee is composed of $CAP holders/holding organizations, with each validator node appointing one representative. Initially, council members come from investment institutions, large financial institutions, and supernodes. Later, community representatives will be introduced according to the development of the community.