Project governance

Creation of a fair and decentralised governance structure is one of the primary goals of the project. Osmium will initially be centrally managed by the project team so that the chain can be stabilised and the basic ecosystem developed. Once the community matures, project governance will become decentralised and integrated within the blockchain itself.

We expect to create a platform for financing further development of the ecosystem by community members, connected to a Decentralized Autonomous Organization (DAO). In this model the community votes on proposals and decides which initiatives get funded. The necessary votes are provided by masternode holders.