DAO Stage

The launch of DAO will be carried out gradually in several stages:

1. The first stage (early access)

In the first stage, the DAO page will publish the early UI of the DAO mechanism. The mortgage function will be enabled through a separate dashboard to provide users with VP. The first stage will only allow voting on topics, such as cost reduction and fee/DAO pool function and other minor functions related to metaverse.

2.The second stage (upgraded version)

UI / UX will be upgraded through the pledge function to enhance its functions. NFT assets will be included in the calculation process of VP. VP will be used for the following voting proposals: market expenses, MECO burning, development expense coverage, etc.

3.The third stage (final version)

MECO holders will be able to change the governance framework and allocate new iems for manual voting. Land will also be included in the VP. The VP here will be used to vote on the following items: land acquisition and upgrade, agreement upgrade, meta-universe city addition, etc.