#summarynewbyAI $SAND #MetaverseLife #CryptoNews🚀🔥

💼 The Sandbox launched a decentralized autonomous organization (DAO) with a 25M SAND treasury.
🗳️ SAND and LAND owners can now vote on platform projects and suggest improvements.

🚀 Three-phase implementation plan aims for community-driven governance.

🧠 Phase one starts with community voting on proposals, with ongoing management by The Sandbox staff.

🌐 Phase two seeks self-reliance, disentangling from the parent company.

🛠️ Phase three anticipates full operational capacity for community-driven governance.

🤝 Leadership team includes a council and advisors for guidance.

📝 Council reviews and provides feedback on proposals, meeting bi-monthly.

🔍 Community members with five SAND or one LAND can vote on initial proposals.

🎮 The DAO's launch signals a shift towards enhanced transparency and community involvement in The Sandbox platform.