TechFlow reports on November 1 that, according to an official announcement, the TON Foundation has launched a new governance model called Society DAO. The initial core members include TON Core, TON Studio, TON Society, and the Telegram Wallet team, responsible for key areas such as blockchain core development, developer ecosystem, community operations, and payment applications.
This governance model adopts a competitive mechanism requiring at least two projects to compete within each category, aiming to enhance the ecosystem's resilience and innovation. Society DAO will publish ecosystem goals, and members can submit implementation proposals. Once approved by the DAO, the Foundation will provide funding support.
Initial objectives include establishing TON as a gateway for real-world cryptocurrency applications, building the most stable and scalable blockchain, and growing developer and user communities within the super app market. Notably, TON already has over 20 million community members, and this new governance model will further drive the decentralization of its ecosystem.
