{"id":40601,"date":"2024-11-01T17:28:13","date_gmt":"2024-11-01T17:28:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ton-foundation-launches-society-dao-to-drive-decentralization\/"},"modified":"2024-11-01T17:28:13","modified_gmt":"2024-11-01T17:28:13","slug":"ton-foundation-launches-society-dao-to-drive-decentralization","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ton-foundation-launches-society-dao-to-drive-decentralization\/","title":{"rendered":"TON Foundation launches Society DAO to drive decentralization"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684848197267-401bb9f3-50af-4285-8c5e-f61f9e66c591-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684848197267-401bb9f3-50af-4285-8c5e-f61f9e66c591-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684848197267-401bb9f3-50af-4285-8c5e-f61f9e66c591-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1684848197267-401bb9f3-50af-4285-8c5e-f61f9e66c591-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>TON Foundation says Society DAO is The Open Network ecosystem\u2019s path to decentralisation.<\/li>\n<li>Society DAO will also help bring transparency and inclusion to the TON community.<\/li>\n<\/ul>\n<p>The Open Network Foundation is looking to bolster the blockchain network\u2019s decentralisation with a new governance model.<\/p>\n<p>On Nov.1, the TON Foundation <a href=\"https:\/\/blog.ton.org\/ton-s-path-to-decentralization-the-evolution-of-the-governance-model\" target=\"_blank\" rel=\"noopener\">announced<\/a> the launch of Society DAO, aimed at fostering a more decentralized ecosystem.<\/p>\n<p>Society DAO is a governance framework that will help the TON community benefit from key elements of decentralisation, transparency and inclusion, TON Foundation President Steve Yun and TON Society co-founder Jack Booth, wrote in a blog post.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">TON\u2019s path to decentralization: Society DAO<\/p>\n<p>Talk is easy, action is hard, and no more so than in experimenting true decentralization to Web3!<\/p>\n<p>That is why The Open Network Foundation is committing to this head on by introducing Society DAO \u2013 a new community-driven governance\u2026 <a href=\"https:\/\/t.co\/zZjkfm2OHa\">pic.twitter.com\/zZjkfm2OHa<\/a><\/p>\n<p>\u2014 TON \ud83d\udc8e (@ton_blockchain) <a href=\"https:\/\/twitter.com\/ton_blockchain\/status\/1852264359801618627?ref_src=twsrc%5Etfw\">November 1, 2024<\/a><\/p>\n<\/blockquote>\n<p>The new governance model is also aimed at democratising <a href=\"https:\/\/coinjournal.net\/news\/the-open-network-ton-to-launch-teleport-bitcoin-bridge\/\">access to financial<\/a>, socio-political and human capital.<\/p>\n<p>\u201cSociety DAO will grow to include proven and reputable community teams that can propose and execute a plan that supports the ecosystem\u2019s objectives. It will welcome new contributors across roles such as marketing, app development, technology, stablecoin integration, DeFi, community growth, identity, and more. This model will make the community\u2019s brightest minds the key stakeholders in the growth and adoption of TON,\u201d the execs noted.<\/p>\n<p>According to the TON Foundation, Society DAO\u2019s key features will include publication of TON ecosystem goals and community proposals. DAO members will be able to propose strategies and provide expected timelines and results for ecosystem goals. The DAO also provides for working group reviews and grant approval.<\/p>\n<p>The DAO will publish a list of key initiatives for the first half of 2025 by January, TON Foundation said.<\/p>\n<p>However, overall, Society DAO plans to achieve goals such as positioning TON as the blockchain network for real-world assets and a super app market.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ton-foundation-launches-society-dao-to-drive-decentralization\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) TON Foundation says Society DAO is The Open Network ecosystem\u2019s path to decentralisation. Society DAO will also help bring transparency and inclusion to the TON community. The Open Network Foundation is looking to bolster the blockchain network\u2019s decentralisation with a new [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":40602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40601"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=40601"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/40602"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=40601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=40601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=40601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}