Terracoin Interactive Flipbook

Community Governance Model with Self-Funding Terracoin is a decentralized, community-centric crypto-asset, where the community maintains control. Since the Terracoin community is in control and are most effected by the direc- tion headed, they are naturally incentivized to make decisions that benefit themselves, which is key to continual progres- sion in the coin’s technology, longevity, outreach, and more. Furthermore, the self-funding design, which we will detail next, gives the community a budget to work with and the freedom to choose how they want to spend it. Terracoin pairs self-funding with a decentralized governance structure, a combination that empowers TRC holders and makes the crypto highly sustainable. The system allows people with masternodes to vote on proposals and choose the direction of the coin’s future, and then decide how the coin in the treasury can be best applied to help people. Those who do not hold masternodes are still able to share their thoughts on proposals and make an impact on howmaster- node owners vote.