According to Deep Tide TechFlow news, on November 1, the TON Foundation announced the launch of a new governance model, Society DAO. The first core members include TON Core, TON Studio, TON Society, and the Telegram wallet team, responsible for key areas such as core blockchain development, developer ecosystem, community operations, and payment applications.
This governance model employs a competitive mechanism, requiring at least two projects in each category to participate in the competition, enhancing the resilience and innovation of the ecosystem. Society DAO will announce ecosystem goals, and members can propose implementation plans, which will be funded by the foundation after approval by the DAO.
The initial goal is to establish TON as a gateway for real-world cryptocurrency applications, to build the most stable and scalable blockchain, and to develop a community of developers and users in the super application market. Notably, TON currently has over 20 million community members, and the new governance model will further promote the decentralized development of its ecosystem.
