How will the Floyx DAO work?

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This DAO, just like any other DAO, will work through one or multiple Smart Contracts, will evolve on Polygon's Blockchain and will be developed directly on Floyx.

As we can see from the Floyx Roadmap, the launch of the DAO is scheduled for Q3 2022.

That's already tomorrow (so to speak), it's high time for you to take a look at what Web3 is, a decentralized web, and what their benefits will be, you can find some information on this link.

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Floyx's vision is to work on an uncensored, much more open and positive Internet that will depend largely on a good balance due to the Governance of the community via its DAO.

And for that, each member of the Community who will hold a sufficient number of DAO Tokens will become a member of the Team and will have de facto a share of decision-making power and vote for the most interesting ideas that will bring value to Floyx as well as to Polygon. Having a vote means having a real impact on the development of the whole product.

As well as each Token holder (having a sufficient number of them) will have the possibility to propose proposals or development initiatives.

In this kind of decisions, we can find the request to vote on topics such as:

• The development of the Floyx Platform
• As well as its Cryptocurrency
• And eventually, how to use the Flyox Treasury (which will be, as I remind you, held by Smart Contracts, which means that no one will be able to touch this money, unless they submit a vote to the Community)

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The ideas/proposals that will be accepted by the Community Vote and that will be considered as 'influencing the development of the product' (Floyx, Polygon, Floyx Coin, DAO, etc...), will allow the initiator of the idea to earn an additional benefit, to reward him/her, and congratulate his/her creativity. The more your involvement in the platform is great, the more you will earn Floyx Coin.

You will have understood, it will not be just enough to post and interact with your community on Floyx to take better advantage of the platform, but also to participate actively in the development of the Project, at any level. Everyone has ideas, and everyone has the right to be heard.

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It will also be possible to vote for users' dApps, published within the Floyx Network. These dApps will then receive an award in one of the following categories:

• Security
• Innovation
• Functionality

As Token holders, you will also have the opportunity to earn some dividends (in proportion to the number of Tokens owned) on the revenues generated by Floyx, more information on this will be revealed soon.

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Are you ready for the revolution and the transition to a Web3? An internet that puts the power back in the hands of its users. Get on board while you can.

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Christophe WILHELM

Floyx

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Resources

1. https://www.floyx.com/