TON Foundation Announces Society DAO, a New Governance Model

On November 1, according to the official blog, the TON Foundation announced the launch of a new governance model, Society DAO, designed to promote decentralization and enhance its growing ecosystem.Society DAO will be the organizing body for core ecosystem functions, and its founding members include TON Core (core development, upgrades, and maintenance of the blockchain), TON Studio (developer experience), TON Society (community operations), and Wallet in Telegram (payment method).

The Society DAO will operate as follows: the Society DAO will publish the TON Ecosystem Objectives; DAO members can propose relevant strategies, expected time constraints, and specific key outcomes to achieve the Ecosystem Objectives; the relevant DAO members will evaluate the proposals of the specialized working groups; after DAO approval, the Foundation will fund the plan, and the community team will be responsible for progress and performance ..

The Society DAO's initial goals include positioning TON as a gateway to real-world cryptocurrency use cases; building TON as the most stable and scalable blockchain; and growing a community of developers and users in a super-app marketplace.