๐CORE TEAM
tomi is a decentralized project led by a core team which can be replaced by the governance DAO. The core team are a group of developers responsible for the development, operation and continuity of the project.
The genesis core team shall be tomiโs founding team for the first term of 4 years. Following the genesis core teamโs first term, elections for the core teamโs nominations shall be held, and the DAO will elect the team members they consider appropriate for the following period of four years. The tomiDAO can also decide by supermajority to replace the core team or team members between terms if the team fails to serve the tomi ecosystem according to the DAOs wishes.
The core team will be responsible for all aspects of the project management that are not under the tomiDAOโs direct responsibility, such as maintaining and developing the ecosystem and the community, developing new features and tools to increase decentralization, keeping track on the projectโs finance, marketing and sales endeavors, etc.
As a compensation for the core teamโs significant contribution to the ecosystem, the core team will be entitled to the following:
- A share of ~48.5% of the TOMI tokens minted as part of the daily auction of Pioneers club membership following the initial minting (as per the tokenomics below).
- A share of 36% of the proceeds receivable by the project from the first minting and sale of domains on the tDNS and from the royalties derived from any additional sale of domains on the tDNS (as per the tDNS section above).
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