Bullieverse will gradually evolve into a community-owned Decentralized Organization
This process occurs as Bull token is distributed among players, creators, and community, with the Noah labs ownership becoming less concentrated over time.
Noah Labs can vote with the locked Play-and-Earn and Staking rewards allocations. This will prevent hostile actors from disrupting the ecosystem during the early and crucial phases of development. We estimate that Noah Labs will no longer have the majority vote by Jan 2026.
Path to decentralization:
Phase 1 - 2022
TGE and Token distribution.
No voting possible
Phase 2 - 2023
Bull token holders can stake their tokens through the staking dashboard. They can also start to vote on proposals brought forward by Noah labs.
Phase 3 - 2024
Creation of decentralized governance framework with more on-chain votes about smaller issues.
These votes will revolve around which teams should receive funding from the ecosystem fund and how the Community Treasury should be utilized.
Phase 4 - 2025
Bull token holders determine which governance framework should be used and how much should be voted on. Some decisions will not be up for debate such as token supply which is iron-clad in smart contracts.
Potential things that can be voted on:
Spend on platform reinvestment
Enabling other NFT communities to join the Play-and-Earn economy
Partnerships with Game studios and Popular Digital Brands
How should the Community Treasury be used to reward Bull holders and the broader Bullieverse community