Big moves in decentralized governance on $ICP | @dfinity
- Nova social app transitions to full community ownership via DAO
- Users contribute to decentralization swap for voting rights
- Voting power scales with stake, simple and fair
- True community-controlled social media is here
Decentralized social apps are going mainstream, and $ICP is leading the way.
How does community ownership actually work?
Meet Nova: a social app that handed control to its users.
The process:
→ Set funding goals
→ Community contributes during decentralization swap
→ Contributors get DAO tokens = voting rights
→ Everyone votes on proposals together
Your voting power matches your stake. Simple. Fair. Community-owned.
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