Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
The decentralized governance framework that governs The QWAN Ecosystem, including the Ecosystem Fund. Members of The QWAN DAO are limited to holders of QWAN. The QWAN DAO distributes QWANs to a wide community of gamers and publishers through incentives and rewards and creates new Web3 gaming experiences with the use of QWANs within applications and games supported by companies and teams across the global gaming industry.
The QWAN DAO employs a community-led governance process through a formal proposal and voting system.
There are different categories of proposals as well as different stages through which the proposals must pass. The proposal process allows The QWAN DAO members to make important decisions covering a broad spectrum of topics, including The QWAN DAO Treasury allocations, changes to current governance rules, etc.
The role of governance is critical in building and managing a global community. As The QWAN Ecosystem continues to expand, stakeholders can express their views on how the community is governed and what initiatives are pursued.
The QWAN FOUNDATION
Governance of The QWAN Ecosystem is represented by The QWAN Foundation. The Foundation is the legal entity that serves as the vehicle for facilitating decentralized and community-led governance and is tasked with implementing the decisions of The QWAN DAO to build and maintain The QWAN Ecosystem in a fair, accountable, and inclusive way.
The QWAN already counts with its first client in the gaming platform Banger Games, who will be integrating The QWAN as their key gaming token.
How Many QWANs Are There in Circulation?
There is a fixed supply of 1 billion QWAN tokens.
The live The QWAN price today is $0.003910 USD with a 24-hour trading volume of not available. We update our QWAN to USD price in real-time. The QWAN is down 7.74% in the last 24 hours. The current CoinMarketCap ranking is #2327, with a live market cap of $170,206 USD. It has a circulating supply of 43,533,333 QWAN coins and a max. supply of 1,000,000,000 QWAN coins.