The Community Constitution introduces the governance structure, organizational structure, and operational mechanisms of the NULS community and Foundation, including the Community Fund.
Every NULS token holder can exercise their right to vote. Every 1 NULS is equal to 1 vote. Community members should fully understand the operating mechanism of the NULS community, Council, proposals, rules, etc. and actively participate in the decentralized governance process of NULS. Voting is crucial to the development of NULS, so please vote often and responsibly.
The NULS Community Council is a member organization composed of NULS holders who together execute the Foundation Management Regulations on behalf of the NULS Foundation, and NULS global community. The Councilors is elected by a community vote which represents the interests of the global community and promotes community advancement and growth throughout the world.
Any NULS holder can create a proposal and participate in the NULS voting process. Proposals are reviewed by the reviewed by the councilor, and then opened for public voting. Proposals can apply for funding, issue technology and development changes, add contributor roles, or request the withdrawal of various contributor roles.
The NULS Foundation is a non-profit organization. The NULS Community Council is elected to manage the Community Fund to service proposals through the NULS Community voting and governance model.
The NULS Foundation is a non-profit organization based in San Jose, California. The NULS Community Council is elected to manage the Community Fund to service proposals through the NULS Community voting and governance model.
