Governance

How do Members vote?

Once launched, Members can access Blackchip's Snapshot page to view previous proposals, vote on new proposals and even make their own proposals to the community. Blackchip is member-managed and relies on it's community participation to Approve or Deny proposed activities. Members are not required to vote on all matters, however it is encouraged. 

 

How are voting rights determined?

Voting rights will be based on the total number of Blackchip DAO Membership NFTs that each Member holds for any relevant vote posed to the community. Each proposal made to the community requires a majority vote in order to deny or approve a proposed activity. Proposals can be made by any Member in the Blackchip DAO community and can involve potential purchases or sales of collectibles, smart contract updates, collaborations with artists and even sponsorships.