⚖️Decentralized Governance
Empowering Infinity City Citizens to Govern the Meta-Multiverse
Decentralized governance lies at the heart of the Infinity Rift Meta-Multiverse Ecosystem, enabling a community-driven approach to decision-making and management. By empowering users to participate in the governance process, the Infinity Rift fosters a sense of ownership and accountability, ensuring that the Meta-Multiverse remains responsive to the needs and preferences of its users.
The RIFT DAO (Decentralized Autonomous Organization) governance structure is designed to promote inclusivity, transparency, and adaptability within the Meta-Multiverse ecosystem. As a soon to be setup non-profit company Source Harmony that the RIFT DAO will control Infinity Rift LLC, the operational anchor company. All profits from Infinity Rift LLC will flow to the RIFT DAO treasury via Source Harmony which will own Infinity Rift LLC and receive payouts on a quarterly basis with public reporting, enabling the community to vote on fund allocations for various projects and initiatives.
The governance structure consists of the following elements:
IDT (Identity Token) paired with the TNFT (Transformational Non-Fungible Token) Infinity Avatar serves as the governance token, allowing holders to participate in the decision-making process.
TNFT Infinity Avatar and IDT whitelist pre-sale, with committee seats distributed among the seven districts of Infinity City, the social and commercial hub of the Meta-Multiverse, ensuring balanced representation of diverse interests and activities.
The RIFT DAO comprises committee members from each of the seven districts, each focusing on a specific domain:
Finance District: Focuses on financial matters.
Innovation District: Supports education, growth, and innovation within the community.
Design District: Promotes artistic expression and collaboration in Infinity City.
Business District: Works towards creating a thriving business environment within the Meta-Multiverse.
Sports & Entertainment District: Promotes and supports various entertainment options and initiatives.
Well-Being District: Advocates for the overall health and well-being of Infinity City and the Meta-Multiverse's inhabitants.
Infinity Central: Fosters a vibrant and engaging environment for all community members.
RIFT tokens are strictly utility tokens within the Meta-Multiverse ecosystem, available at launch for immediate use. The RIFT dApp allows users to create, manage, and redeem their TNFT assets, ensuring a seamless user experience. The RIFT DAO's governance model enables the community to vote on the allocation of funds for various initiatives, such as Meta-Multiverse expansion, creator economy support, education and training, charitable initiatives, infrastructure development, and environmental sustainability. The RIFT DAO's impact extends beyond the Meta-Multiverse, promoting digital inclusion, social impact, and economic development throughout web3 and into the real-world with global community initiatives.
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