Governance

YOM operates under a Decentralized Autonomous Organization (DAO) model, embedded within the YOM Foundation, a non-profit entity overseeing the platform's long-term vision and sustainability. The governance structure ensures decentralization, transparency, and collaborative decision-making across the ecosystem while balancing operational efficiency and stakeholder interests.

Governance Structure Overview

YOM's governance is built upon three core levels:

1. Platform Governance (DAO-Led Decisions)

2. Operational Governance (Creator-Led Decisions)

3. Personal Governance (User-Controlled Experience)

Distribution of Power.

Platform Governance

At the heart of YOM's decentralization efforts is the YOM DAO, which governs and decentralizes platform-wide policies and resources. The DAO holds authority over defining and voting on policies, ensuring equitable participation among all stakeholders.

Key Responsibilities of the DAO:

• Content and Policy Governance:

  • Defining and enforcing network-wide policies related to content quality, security, and accessibility.

  • Aligning governance decisions with industry regulations and user expectations.

• Resource Allocation:

  • Managing the DAO's allocation of 70,000,000 $YOM, used to support grants, incentives, and development initiatives.

• Node Incentive Distribution:

  • Overseeing the $YRX leaderboard system, determining node operator ranking and eligibility for rewards.

Roles within the DAO:

• Moderators:

  • Ensure compliance with guidelines, maintain community interactions, and reward positive contributions.

• Commissioners:

  • Oversee quality assurance, ensuring that projects meet YOM's standards before receiving funding or support.

• Cardinals:

  • Propose new initiatives, strategic projects, and act as advisors to the Foundation.

Voting and Influence:

• $YRX holders have voting power, allowing them to influence DAO decisions.

• Rankings on the YRX Leaderboard determine voting weight, rewarding long-term engagement and commitment.

• Proposals on funding allocation, feature development, and ecosystem strategies are voted on by the DAO.

Operational Governance – Empowering Creators

Creators, including studios, brands, and developers, maintain full operational sovereignty over their virtual experiences within the YOM ecosystem. They retain control over content and monetization strategies, provided they comply with DAO-mandated guidelines.

Key Features of Creator Governance:

• Content Moderation Autonomy:

  • Creators establish their content policies while adhering to DAO-set restrictions.

  • Flexibility to create specialized experiences, such as age-restricted content, without impacting the broader ecosystem.

• Revenue and Monetization Control:

  • Freedom to implement revenue models, including in-game purchases, ads, and subscriptions.

  • Participation in the session-based ad model to maximize revenue potential.

• User Access Management:

  • Creators can establish rules regarding user interactions and participation criteria.

This model allows creators to operate autonomously while benefiting from YOM's infrastructure, incentives, and promotional support.

Individual Governance

YOM empowers users to customize their experiences by giving them control over the content they consume and how they interact within the platform.

User Governance Features:

• Content Filtering:

  • Users can block specific types of content and apply filters to align with their preferences.

• Privacy Settings:

  • Users retain control over their data, interaction settings, and visibility within social environments.

• Engagement Preferences:

  • Ability to personalize interactive features, notifications, and social interactions.

By offering extensive personalization options, YOM ensures an inclusive and user-driven ecosystem.

Evolution Toward Full Decentralization

YOM is committed to gradually transitioning towards a fully decentralized governance model by:

1. Expanding On-Chain Governance:

   • Implementing smart contract-driven proposals and decision-making.

2. Community-Led Grant Distribution:

   • Empowering community members to decide fund allocations based on transparent contribution metrics.

YOM's governance structure is designed to foster an ecosystem that balances decentralization with operational efficiency. Through the DAO, creators, and personal governance layers, all stakeholders have the opportunity to influence and shape the future of YOM.