DAISY Global | Token-based Governance Mechanisms yplocal.com

Token-based governance mechanisms are commonly employed by decentralized crowdfunding platforms such as DAISY Global to facilitate decision-making and incentivize active participation from token holders. In token-based governance models, users who hold platform tokens are granted voting rights proportional to their token holdings, allowing them to participate in governance processes and influence platform policies and decisions. Token holders can vote on proposals related to project funding, platform upgrades, fee structures, and other governance issues, with voting power determined by the number of tokens held.