GOV.DAO - Tokenomics
  • $GVDT - Governance Token
  • $GVDT - Token Supply and Distribution
    • $GVDT Distribution
  • $GVDT - Utility
  • $GVDT - Governance
  • $GVDT - Token Lock Mechanism
  • $GVDT - Staking and Rewards
  • $GVDT - Token Redemptions / Buybacks
  • LGT - Legal Governance Token
  • LGT - Utility
  • LGT - Application Process and Grant
  • $GVDT Token Sale and and Funding Target
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LGT - Application Process and Grant

This page details the application process for the grant of the LGT token.

Whitelisting and Minting Invites: Only qualified legal professionals who have whitelisted with GOV.DAO Advisory or who have entered into a referral or service agreement will have the opportunity to be granted an LGT mint invite. This process ensures that the Legal Consensus Platform membership is made up of qualified individuals who meet the necessary criteria necessary to achieve the purpose of the Legal Consensus Platform.

Application and Approval Process: The GOV.DAO Advisory team will perform a thorough application and approval process for legal professionals seeking a grant of LGT tokens. The selection criteria include legal qualifications, areas of expertise, proven track record, and a demonstrated commitment to contribute to the Legal Consensus Platform.

One LGT Token per Qualified Individual or Law Firm:

Each qualified legal professional or law firm will be eligible to receive only one LGT token. This ensures a fair distribution and prevents the concentration of LGT tokens in the hands of a few entities which is detrimental to achieving the core purpose of the Legal Consensus Platform.

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Last updated 1 year ago