Voting with your $drip

Drip Dropz
1 min readDec 29, 2021

$drip Voting

Drip Dropz was created with the idea of it becoming the first truly self governed DAO (decentralized autonomous organization) meaning the users of Drip Dropz will be able to vote on all future decisions pertaining to the platform.

We will implement the first phase by opening voting rounds to token onboarding. Holders of $drip tokens will be able to vote on which token projects they want to see added to the platform.

The next phase of voting will open up the offboarding of tokens. If a token project provides no utility, acts as spam, or distribution is spread beyond their utility, the $drip holders will have the ability to “sweep the floor” by voting undesirable token projects off the platform, decluttering the token availability options per an epoch withdrawal.

Once the first two rounds have been completed successfully we will move into the third phase of voting where the community can use $drip tokens to vote on all business matters pertaining to Drip Dropz. The business control will be relinquished from the owners and 100% ownership of the business will be transferred to the $drip token holders. The business will complete the process by switching from Drip Dropz LLC — A Wyoming limited liability company to Drip Dropz DOA- A Wyoming decentralized autonomous organization.

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Drip Dropz

Drip Dropz provides token dispensing services to the Cardano community. An intuitive platform that offers projects a selection of distribution parameters.