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  • Welcome aboard!
  • Overview
    • Executive Summary
    • Issue Statement
      • Content Creators
      • Consumers
      • Web3 Adoption
    • Our Solution
      • Content Creators
      • Consumers
      • Web3 Adoption
    • Aboat Ecosystem
      • Idea
      • Technology
      • Daily Tasks
      • Creator Ranking System
      • Subscription Model
        • Cabin Boy
        • Sailor
        • Lieutenant
        • Captain
      • Reward System
      • Aboat Master Entertainer (AME)
        • Staking/Farming
      • Decentralized Decision Making (DDM)
        • DDM Voting Power
        • DDM Flow
      • Creator NFTs
        • Creators Clubhouse
  • Products
    • Talkaboat
  • The Company
    • Aboat Entertainment
    • Vision, Mission, Values
    • Business Model
      • Key partners
      • Key activities
      • Key resources
      • Value proposition
      • Customer relationships
      • Customer Segments
      • Channels
      • Cost structure
      • Revenue Streams
    • Meet the Team!
      • Founder
      • Management
      • Team
  • Market
    • Market Analysis
    • Trend Analysis
    • Competitor Analysis
      • Direct Comparison
    • Market Entry Strategy
    • Target Groups
      • Private Users
      • Content Creators
      • Investors
  • Aboat Token
    • The Token
      • Details
      • Distribution
      • Fee Structure
    • Utility
    • Holder Benefits
    • Sale
      • Use of Funds
      • Vesting
  • Smart Contracts
  • Disclaimer
    • General Information
      • Restriction of buyers
      • Risks
    • Disclaimer
      • No Representations and Warranties
      • Updates to token sale details
      • Market and industry information
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  1. Overview
  2. Aboat Ecosystem
  3. Decentralized Decision Making (DDM)

DDM Flow

PreviousDDM Voting PowerNextCreator NFTs

Last updated 2 years ago

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  1. Create a proposal

    • Requirement for opening a proposal is a of at least 2,000,000.

    • You can open 3 proposals at the same time. Once 3 Pre-Proposals are opened by you, you won't be able to submit another one until the voting is ended and your pre-proposals were cancelled or were approved to become a fully fledged proposal.

  2. Pre-Proposal Voting

    • After a proposal is created it will become a pre-proposal. In this state the community has 2 days to vote for the proposal type (enhancement, feature, ecosystem). If no one votes for your pre-proposal it will be cancelled after the voting period ends.

  3. Proposal Voting

    • The final stage of a proposal is where the community agrees or disagrees to a proposal.

    • Requirement for approval:

      • A proposal needs to be atleast X-Voting Power ahead depending on the proposal type:

        • Enhancement: 100,000,000 VP ahead of denied VP and atleast 10 Votees who approved

        • Feature: 200,000,000 VP ahead of denied VP and atleast 25 Votees who approved

        • Ecosystem: 500,000,000 VP ahead of denied VP and atleast 50 Votees who approved

  4. Rewards

    • Approved proposals are rewarded. The creator will receive reward in ABOAT depending on the approved proposal type:

      • Enhancement: 200,000 ABOAT

      • Feature: 500,000 ABOAT

      • Ecosystem: 2,000,000 ABOAT

voting power