Governance

In this initial phase, the governance of the Natura Token is meticulously managed by the development team to facilitate rapid evolution and robust growth of the project. This type of control provides the essential flexibility needed in the cryptocurrency sector, a field characterized by its rapid and constant evolution. Critical decisions, including protocols changes and the establishment of new partnerships, undergo a formal discussion process within the team. Once decisions are vetted and approved, they are implemented through digital signatures on the blockchain by a majority of team members, with multisig wallets ensuring maximum security and transparency.

Looking forward, the Natura Token project envisions a transition to a more distributed governance structure. A pivotal step in this direction is the establishment of a non-profit Foundation dedicated to supporting the development of the token and its broader ecosystem. This Foundation will handle financial management tasks, including the administration of donations, the revenues from marketplaces and DEXs, and the strategic investment in supporting assets like gold. This shift is designed to decrease dependency on external entities, enhancing the project's autonomy and resilience.

Additionally, there is an ongoing effort to increase community participation in governance. The team is considering a framework that would require the team and the Foundation to implement protocol updates only after securing clear consensus from the community, facilitated by surveys conducted by the Natura Advisory Table (NAT). The NAT, comprising expert volunteers and representatives from partner communities, collaborates closely with the team and the Foundation, ensuring that a wide array of perspectives are considered in decision-making processes.

This advanced governance structure, which thoughtfully integrates the team's expertise with community feedback, aims to ensure the project remains aligned with user interests and that technical decisions are made by individuals with the requisite qualifications. Balancing expert oversight with community involvement is essential for effective management and mitigating risks associated with inexperience. This strategic approach helps navigate the dynamic cryptocurrency environment, promoting the stable and prosperous development of the Natura Token.