Description
FTT DAO is a decentralized autonomous organization within the DeFi sector, focused on supporting the FTX Token (FTT) community. It operates on democratic principles, allowing FTT holders to vote on significant decisions regarding the ecosystem's growth and the FTX Token's utility enhancement. Leveraging blockchain technology, FTT DAO ensures transparency and decentralization in its governance, promoting a community-driven development approach. It is an independent, community-led initiative founded by individuals known as "BFFs" (Bankman-Fried Fans/Followers/Friends), who share the values of Sam Bankman-Fried and his mission to positively impact society. Although independent from FTX, FTT DAO has no objections from FTX to its operations and focuses on using its resources to advance its mission and vision as a non-profit organization. This project exemplifies the integration of DAO structures with ecosystem support functions, showcasing a model for collective action and collaboration in the web3 space.
FTT DAO is a decentralized autonomous organization within the DeFi sector, focused on supporting the FTX Token (FTT) community. It operates on democratic principles, allowing FTT holders to vote on significant decisions regarding the ecosystem's growth and the FTX Token's utility enhancement. Leveraging blockchain technology, FTT DAO ensures transparency and decentralization in its governance, promoting a community-driven development approach. It is an independent, community-led initiative founded by individuals known as "BFFs" (Bankman-Fried Fans/Followers/Friends), who share the values of Sam Bankman-Fried and his mission to positively impact society. Although independent from FTX, FTT DAO has no objections from FTX to its operations and focuses on using its resources to advance its mission and vision as a non-profit organization. This project exemplifies the integration of DAO structures with ecosystem support functions, showcasing a model for collective action and collaboration in the web3 space.
