How do you evolve your Web3 governance model?
Web3 governance models are the frameworks and processes that enable decentralized communities to make collective decisions and coordinate actions on the blockchain. Unlike traditional governance models that rely on centralized authorities, Web3 governance models empower users to participate directly and transparently in the governance of their platforms, protocols, and projects. However, Web3 governance is not static or one-size-fits-all. It evolves over time to adapt to changing needs, preferences, and challenges of the community and the ecosystem. How do you evolve your Web3 governance model? Here are some tips and best practices to consider.