$SPARQ
$SPARQ
  • Welcome To $SPARQ
  • Introduction
    • Merging Web3 and Traditional Gaming
      • Unifying Blockchain, NIL, Gaming, and AI: The Premier Web3 Gaming Initiative
      • Decentralized Game Development Incubator Fund
      • Game Publishing AI
    • Overview: $SPARQ Token
      • Key Features: $SPARQ Token
    • In-House Game Development
    • Engagement and Beta-Driven Community Growth
    • Sparq Inc. Game Publishing Platform Services
      • AI-Driven Gaming Ecosystem & Acquisition Model
      • AI Hyper-Scaling Tools Drive User Engagement & Happy Employees
      • Vastly Experienced Leadership Team
      • Marketing and Community Building
      • Monetization and User Acquisition Support
      • Legal and Licensing Support
    • Decentralized Game Development Ecosystem
      • Incubation Program Funding and Support
        • Funding and Grants
        • Technical Resources and AI Hyper-Scaling Tools
        • Comprehensive Game Publishing Services
        • Legal and Licensing Support
        • Integration of $SPARQ Rewards Program
        • Community and Networking Opportunities
    • Sparq Inc. Team
      • Founders & Board
      • Core Executive Team
      • Advisory Board
    • Partners
      • MetaLaw
      • Pinion
      • For The Culture Labs
      • Crowdcreate
      • Inferno Labs
      • Lux Labs
      • Community3
      • VF Labs
      • Teknos
      • Dverse
      • Collegiate Licensing Company
      • J5 Partners
  • Economy
    • $SPARQ Utility Token
      • Native Yield and Ecosystem Reward Token
    • Token Utility Without In-Game Integration
    • Vesting and Deflationary Mechanisms
      • Tokenomics and Distribution
    • Token Buyback Programs
      • Mechanism of the Buyback Program
      • Benefits of the Buyback Program
      • Sustainability and Long-Term Impact
      • Governance and Oversight
      • Risk Management
      • Conclusion
    • Token Foundation Long-Term Governance Transition
  • $SPARQ Governance Structure
    • Governance Structure
      • Centralized Governance by Future of France Foundation
      • Transition to Decentralized Governance
    • Governance Model Details
    • Core Decision-Making Authority
    • Long-Term Governance Vision
    • Game Development Incubation and Support Program
    • Application Process and Selection
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  • Phase 1: Centralized Decision-Making
  • Phase 2: Introduction of Community Proposals
  • Phase 3: Enhanced Community Involvement
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  1. $SPARQ Governance Structure
  2. Governance Structure

Transition to Decentralized Governance

The $SPARQ ecosystem is committed to gradually decentralizing its governance. This transition is planned in multiple phases to ensure a smooth shift of authority from the centralized foundation to the broader community of token holders.

Phase 1: Centralized Decision-Making

  • Strategic Oversight: The BOD and/or BOA (tbd) make key strategic decisions, including major partnerships, funding allocations, and platform developments.

  • Operational Management: Day-to-day operations and tactical decisions are managed by the foundation to maintain consistency and efficiency.

Phase 2: Introduction of Community Proposals

Future of France Foundation will develop a community proposals process based on best practices that balances the need for community involvement, transparency, compliance, the health of the ecosystem, and resources for implementation.

Phase 3: Enhanced Community Involvement

  • Delegated Voting: To streamline decision-making, token holders can delegate their voting power to trusted representatives or experts within the community.

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Last updated 2 months ago