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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. Initially, Keri Waters is CEO and inherits final authority for the management of the token and the company's holdings in it. Erik Bethke, CTO, CCO, and GM Games 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 and Staking Choice One
  • June 15th - June 30th, 2023
  • A 15 day period of time where the roadmap of Q3 2023 is presented in two choices “Red” or “Blue”
  • Two different menus of Staking Rewards are also presented “Orange” or “Green”
DAO-like Vote #2 Fall Equinox - Roadmap and Staking Choice Two
  • Sep 15th - Sep 30th, 2023
  • A 15 day period of time where the roadmap of Q3 2023 is presented in two choices “Red” or “Blue”
  • Two different menus of Staking Rewards are also presented “Orange” or “Green”
DAO-like Vote #3 Winter Solstice - Roadmap and Staking Choice Three
  • Dec 15th - Dec 31st, 2023
  • A 15 day period of time where the roadmap of Q3 2023 is presented in two choices “Red” or “Blue”
  • Two different menus of Staking Rewards are also presented “Orange” or “Green”

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