📠Governance and DAO

Glitter Governance

Glitter is managed day-to-day by the management of Million on Mars, with authority as distributed by its board of directors - Keri Waters and Erik Bethke. Initially, Erik Bethke is CEO and inherits final authority for the management of the token and the company's holdings is the chief game economist, and is the final authority for the management of the token economy for long-term stability.

Plans for a DAO

It is currently TBD when the company might formalize a Decentralized Autonomous Organization (DAO). We want to empower all the holders of the Glitter token to weigh in on decisions that are relevant to our main mission, and also on roadmap questions that could reasonably be serviced by the company in any potential outcome of the decision. However, we must complete an exploration of the mechanics of forming and maintaining a DAO before we commit to that.

As an interim step, we propose to hold "DAO-like" votes on several issues in the coming year, to explore how such a structure might evolve. DAO-like Vote #1 Summer Solstice - Roadmap Choice One

• A 15 day period of time where the roadmap of Q2 is presented in two choices “Red” or “Blue"

DAO-like Vote #2 Fall Equinox - Roadmap Choice Two

• A 15 day period of time where the roadmap of Q3 is presented in two choices “Red” or “Blue”

DAO-like Vote #3 Winter Solstice - Roadmap Choice Three

• A 15 day period of time where the roadmap of Q4 is presented in two choices “Red” or “Blue”

Representative Issues that may be introduced for a vote by Glitter token holders:

Single Plot

Build types

Land Survey Staking

Farmer - Food

Power Generation

Rover Chain

Chemicals

Estate Owner