๐ก๏ธ Launching the zkPass DAO
To ensure transparency and protect the community, the zkPass DAO $ZKP is established under the model of a non-profit Swiss association
๐ณ๏ธ These initiatives only become official decisions if they are put to a formal voting process by Core Contributors or DAO-authorized roles
๐ THE ROLE OF THE $ZKP TOKEN
Unique function: $ZKP is the governance and coordination token. It is used for voting, paying validation fees, and participating in the MPC (Multi-Party Computation) network
Limitations of Rights: This token does NOT represent equity, company ownership, or the right to claim profit sharing from the Association's assets
Conclusion: The establishment of the zkPass DAO in Switzerland shows that the project is preparing for a long-term development roadmap, prioritizing global legal compliance while maintaining the decentralized spirit of Web3. ๐๏ธโจ#DAO