CryptoLegacy Governance and Path to True Decentralization

CryptoLegacy plans to become fully decentralized and open-source, starting with DAO governance by NFT holders, possibly adding a token later.

We wouldn’t be here if we weren’t advocates for decentralization and community power.

Eventually, CryptoLegacy will become a fully decentralized, open-source solution - but we still have a long path ahead.

Initially, the DAO will be formed by our earliest users and supporters holding CryptoLegacy NFTs. They will vote on the Manifesto, Mission, and establish DAO rules. Early decentralization will rely on DAO multisig wallets to manage contracts, supported by security firms and partner protocols.

Although most smart contracts are bulletproof and immutable, governance of the Plugin Registry is necessary due to its critical importance.

At some point, there might be a need for an ERC20 governance and utility token, but we’re not yet sure. The future will guide us.