Organizations
Creating a token or NFT community fund is easy.
Last updated
Creating a token or NFT community fund is easy.
Last updated
Organizations are the backbone of community engagement and governance. They can be categorized into two main types: Token communities and NFT communities.
Token communities are centered around a specific cryptocurrency or token. These organizations use ALIGN to manage their treasuries, propose and provide sentiment on initiatives, and issue bounties to incentivize community participation. ALIGN provides tools for transparent fund management and decision-making, ensuring that every token holder has a voice in the community's direction. A specific token amount will be need to be set to allow token holders to participate eg. 1M BONK.
NFT communities focus on non-fungible tokens co-ordinating activities related to their NFT collection. This includes managing the treasury derived from NFT sales, proposing new NFT projects or collaborations, and issuing bounties for community-driven initiatives. ALIGN helps NFT communities maintain transparency and engagement, fostering a vibrant and active ecosystem.
Organizations which have both NFT and Token holders. This would allow both to interact within the org by providing their relative addresses when creating an Org.
This is an organization that anyone can participate in but it is still governed by a council. This means that no Tokens or NFTS are needed.
A council based org is a traditional multisig governed by a council/signers. This means that only council members can interact within the organization.
