According to TechFlow, 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 Telegram wallet teams, responsible for key areas such as blockchain core development, developer ecology, community operations and payment applications.

The governance model adopts a competition mechanism, requiring at least two projects in each category to participate in the competition to improve the resilience and innovation of the ecosystem. The Society DAO will publish ecosystem goals, and members can propose implementation plans, which will be approved by the DAO and funded by the foundation.

Initial goals include making TON a gateway to real-world cryptocurrency applications, building the most stable and scalable blockchain, and developing a community of developers and users in a super app market. TON currently has more than 20 million community members, and the new governance model will further promote the decentralization of its ecosystem.