NFT-Driven Governance

NFT-driven governance is a model where NFTs are used to represent governance rights within a DAO instead of fungible tokens. 1 NFT = 1 vote. This enables greater transparency around ownership and token unlocks. With NFTs, it is much harder to hide allegiances and intentions during voting since it typically involves unique NFTs that do not change hands often. Each NFT’s voting history is visible to all. Nouns DAO is the pioneer of the NFT-driven governance model.

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