Overview of GG Collective

The GG Collective functions as a beacon of community-driven growth, aiming to magnify its potential through various initiatives:

• Asset Lending System: This rental pool empowers NFT holders to lend their assets to the Collective. By doing so, it democratizes access and introduces a reward-sharing model between lenders and the Collective.

• Web3 Esports Ecosystem Integration: The Collective will integrate advanced Player Profile systems and interactive Leaderboards, offering unmatched value to members and promoting competition and camaraderie.

• Earnings and Game Development: Central to the Collective's endeavors is the creation of games within various web3 ecosystems. Using Collective-owned NFTs, earnings from these games are funneled back into the Collective, ensuring continuous resources for further growth.

• NFT Marketplaces and Tools: Envisioning the significance of NFTs, the Collective contemplates developing and launching NFT marketplaces native to the projects we look to explore. This won't just facilitate NFT transactions but also emerge as a revenue stream. In tandem, the Collective plans to innovate additional tools on these various chains, bolstering the existing ecosystem.

Governance of the GG Collective

The Collective's governance system is meticulously crafted to ensure fairness, inclusivity, and representation:

• Departments: The Collective comprises various Departments, each dedicated to a specific function. These Departments operate under a detailed Standard Operating Agreement, with their budgets determined based on the Collective's capital.

• Administrators: Overseeing the Departments are Administrators, elected annually. A 90-day period prior to elections allows potential Administrators to connect with the community. Administrators can hold their position for up to two consecutive terms, ensuring power doesn't become centralized.

• Proposals: Administrators can introduce Governance Proposals for changes or innovations. A proposal requires a 61% approval from a minimum of 30% of the Collective community to pass. Monthly, Departments receive two tokens to submit proposals, motivating them to present valuable suggestions consistently.

• Voting: Upon the distribution of all Collective tokens, the voting process commences. Every vote necessitates a KYC'd wallet, ensuring a fair representation and preventing undue influence from any single entity.

• Emergency Proposal System: An in-built system for urgent governance issues, this requires consensus from more than one Department Administrator and unanimous approval from the remaining Departments. This ensures that in case of any discrepancies or issues, there's a quick, community-backed resolution mechanism in place.