The Florkinomics team has developed a decentralized autonomous organization that holders of NFTs and tokens may participate in.

Voting Process

All holders of tokens or NFTs can vote. Even a single token will give a single voting power point. For every token or NFT held, the voting power of the holder will increase. NFTs are weighted as having an equivalent of 0.07% of the total supply of tokens. This amounts to 70,000,000,000,000 tokens worth of weighted voting power per NFT.

Proposal Process

Any holder of 1.5% of the total token supply--1,500,000,000,000,000 $FLORK--can create a proposal in the DAO. All current holders of $FLORK and $CFLORKS can then vote on the proposal. The one making the proposal can choose the question, description, voting type and options to select. When a proposal passes the team will review it and though most will be honored, they must meet three criteria. The proposal must be appropriate, feasible and with the overall project's best interest. If all criteria are met the proposal will be enacted and the team will provide a timeline for delivery. If it doesn't meet the criteria then the team will explain why as well.

Coming Soon: DAO Treasury !!!