Personaltokens

People can create their own personal tokens and send them as bonus/rewards to anyone who they want to reward.

Purpose of governance system:

• Management and distribution of the utility token of the system.

• Utility token governance is like corporate governance.

Technology used

Communication: Telegram

Voting: Aragon, 1-token-1-vote

No identity solution.

Reason we chose that technology

• Aragon was the most developed frontend technology when we launched.

Governed objects and mechanisms:

• We govern the distribution of the utility token of Personaltoken. Distribution of voting power so people can’t dump tokens.

• Membership in decision making now is 6 founders and advisors of the team. Considering criteria for having others join the DAO group.

• Proposal was made to freeze tokens for vesting, but that is being heavily tested before implementation because once it’s implemented, it can’t be reversed.

• Anyone (inside or outside voting group) can make a proposal.

• Proposals are made for development and marketing/promotion of the platform.

• Once someone posts a proposal they begin to campaign for the proposal on the telegram group.

• Voting is 1-person-1-vote.