Which tokens should include governance rights?
Builders ask whether they should give governance rights to tokenholders, and, if so, when they should do so. At the same time, policymakers want to understand the nature of crypto governance and, for network tokens in particular, to determine whether the blockchain systems to which they relate are controlled by any person or group of persons acting under common control.
To aid in this conversation, this piece explains the core purposes of governance in crypto and provides clarity on which kinds of tokens should and shouldn’t have governance powers based on these purposes. It should help both builders and policymakers understand the issues around governance,…
