Governance

The Otherworld uses DAOstack's Genesis Protocol for decision making which employs Holographic Consensus. The goal of Holographic Consensus is to facilitate decision making processes for large groups.

1) Anyone can submit a proposal at any time.

2) Proposals are executed as soon as they receive an absolute majority i.e. more than 50% of all possible votes.

3) Proposals can be "boosted" via a prediction challange and can then be executed if they receive a relative majority.

The Otherworld has two tokens, the Other, a publically traded token with a market value used in The Otherworld economy, and the Vote token, which is valueless and used in governance.