Good governance is a key to crypto growth

[Betty_2_]

Governance has a great significance in elevating crypto economy. Every thing is made for people if their concerns and suggestions are not being noticed and go unheard than crypto will be doomed but there are still issues with Dex projects that have normal kind of governance that does not ensure security and sustainability . There are a lot of investor out there but there main concern is that their grievance and suggestions go unheard that lead to big losses.  In the middle of all this turmoil we have found a gem in the form of osacar swap that incorporated amazing things in governance. Time locking smart contract has been implemented in the governance feature to ensure that suggestion are being implemented or not along with that there is multi Sig wallet with private keys. Osacar has introduced a new form of governance so one must give it a try and get endless benefits.

[makishart]

I think that almost all of platforms have been issuing their own governance tokens but the problems if it was not working perfectly. So many platforms just used the word of governance as clickbait. The projects were releasing tokens as a part of its governance.
governance is not always running as what you have predicted.

For me, governance is a way for the developers to get more funding by selling or airdropping their tokens to the users. The tokens that being airdropped can also get instant value for sure.

It was also helping the platform to life even longer. I see that governance was helping crypto to growth caused by the developers will have got fresh fund.

[blockman]

Governance has a great significance in elevating crypto economy. Every thing is made for people if their concerns and suggestions are not being noticed and go unheard than crypto will be doomed but there are still issues with Dex projects that have normal kind of governance that does not ensure security and sustainability . There are a lot of investor out there but there main concern is that their grievance and suggestions go unheard that lead to big losses.  In the middle of all this turmoil we have found a gem in the form of osacar swap that incorporated amazing things in governance. Time locking smart contract has been implemented in the governance feature to ensure that suggestion are being implemented or not along with that there is multi Sig wallet with private keys. Osacar has introduced a new form of governance so one must give it a try and get endless benefits.

Nice try. I thought that this is a good discussion about governance and its actual growth. But then, at mid of reading, there goes this uncommon project that you've mentioned and you even misspelled it. Anyway, if we're going to the actual topic of the role of good governance in the growth of crypto for that specific country or area. It really plays an important part in how that growth must be. Starting from the rules and regulations and its openness for adopting crypto payments and being not so strict with the rules they set especially for the taxation of crypto profits. A government that understands how crypto works is also a big deal.

[justdimin]

I thought that this is a good discussion about governance and its actual growth. But then, at mid of reading, there goes this uncommon project that you've mentioned and you even misspelled it. Anyway, if we're going to the actual topic of the role of good governance in the growth of crypto for that specific country or area. It really plays an important part in how that growth must be. Starting from the rules and regulations and its openness for adopting crypto payments and being not so strict with the rules they set especially for the taxation of crypto profits. A government that understands how crypto works is also a big deal.

This is the altcoin board, it's filled with people who shill their projects all the time and it is such a shame but I have stopped caring about what newbie accounts are saying because of this reason.

I mean exactly this is the main reason why this forum is getting worse everyday but also bigger at the same time, we are getting to become headquarters for people to shill their projects and since this website is high DA on google SEO as well, that means if you could write something and if possible then link it as well, that means you are going to get your project to be ranking higher on google, if nothing else from people who would be interested from here as well, even if everyone here is against it, just the SEO work is enough to spam this place for sure.

[Andrija Branislav]

Yeh and it must be done . governance plays an important role in ensuring that the concerns and suggestions of all stakeholders, including investors, are heard and addressed. Eg In the case of a decentralized exchange (DEX) project, governance is very important to ensure security and sustainability. Without proper governance mechanisms, investors may hesitate to participate, leading to a lack of liquidity and growth and  not all governance mechanisms are created equal. As you mentioned, some projects may have governance structures that do not adequately address stakeholder needs. This can result in losses and a lack of trust in individual projects in my opinion.

[deepblue01]

Yeh and it must be done . governance plays an important role in ensuring that the concerns and suggestions of all stakeholders, including investors, are heard and addressed. Eg In the case of a decentralized exchange (DEX) project, governance is very important to ensure security and sustainability. Without proper governance mechanisms, investors may hesitate to participate, leading to a lack of liquidity and growth and  not all governance mechanisms are created equal. As you mentioned, some projects may have governance structures that do not adequately address stakeholder needs. This can result in losses and a lack of trust in individual projects in my opinion.

What you say is true, but there are many new crypto everyday as we speak. And what keeps people from investing in your crypto due to its lack of popularity, lack of trust and more.
I think a lot of devs want to create that new crypto just because they want a big chunk of money.

[Rampagoe004]

For now the Government has not thought about actually implementing crypto currency. I don't think this will happen in the near future as there are some problems that need to be solved regarding cryptocurrencies. As we all know, crypto currency prices are very volatile and unpredictable.

[nesty]

Good governance in the crypto industry includes transparent decision making process, clear communication channels and accountability mechanisms. It involves the standard development and best practices for privacy, security and protection of data. When investors and users have confidence in the governance of the crypto currency project they are more likely to invest and participate in its ecosystem. Good governance can also help to prevent fraud and other illegal activities in the crypto industry. It would develop more trust among the investors. Good governance is important for the success and growth of the crypto currency industry.

[siniminomorocomunisakito]

Yeh and it must be done . governance plays an important role in ensuring that the concerns and suggestions of all stakeholders, including investors, are heard and addressed. Eg In the case of a decentralized exchange (DEX) project, governance is very important to ensure security and sustainability. Without proper governance mechanisms, investors may hesitate to participate, leading to a lack of liquidity and growth and  not all governance mechanisms are created equal. As you mentioned, some projects may have governance structures that do not adequately address stakeholder needs. This can result in losses and a lack of trust in individual projects in my opinion.

What you say is true, but there are many new crypto everyday as we speak. And what keeps people from investing in your crypto due to its lack of popularity, lack of trust and more.
I think a lot of devs want to create that new crypto just because they want a big chunk of money.

Yes. Lack of Publicity so lack of popularity of one of the factors as OP mentioned but I think this is where it is important for developers to prioritize creating innovative projects with a focus on good governance rather than solely aiming for financial gain so that it will ultimately benefit the project and the industry as a whole including the users.

Good governance in the crypto industry includes transparent decision making process, clear communication channels and accountability mechanisms. It involves the standard development and best practices for privacy, security and protection of data. When investors and users have confidence in the governance of the crypto currency project they are more likely to invest and participate in its ecosystem. Good governance can also help to prevent fraud and other illegal activities in the crypto industry. It would develop more trust among the investors. Good governance is important for the success and growth of the crypto currency industry.

While it is true As you stated above that the price of cryptocurrencies is volatile and unpredictable and for now it is important for governments to step in to recognize the potential benefits that cryptocurrencies can bring to their economies which will ultimately result in proper regulation and governance appropriate, crypto can provide a more secure and efficient means of payment and investment.

This Digital Finance Trend is unstoppable and One more thing from me if possible governments in all other countries should also consider increasing crypto adoption meaning by embracing crypto and working to create an enabling regulatory framework, governments can encourage innovation and encourage investment in the industry, leading to sustainable growth in the long term.

[iphone5s]

Good governance in the crypto industry includes transparent decision making process, clear communication channels and accountability mechanisms. It involves the standard development and best practices for privacy, security and protection of data. When investors and users have confidence in the governance of the crypto currency project they are more likely to invest and participate in its ecosystem. Good governance can also help to prevent fraud and other illegal activities in the crypto industry. It would develop more trust among the investors. Good governance is important for the success and growth of the crypto currency industry.

From all this it is very clear that every investor will analyze in advance what they will invest in later, they will have the right choice if the layout does not match their description. We all have expectations about the projects they will participate in in the future. there are many things that we have to pursue from projects that we think are good later. so you should continue to study and see future developments with the project you have.

[jacafbiz]

If you think good Governance is enough to make an exchange great then you hand chaos in your hand before you even launch your project, the issue with most people is that they don't know what they want, I know this Governance/ DAO issue is a two-edged sword but the team also must first decide the direction they want to the project to go, what if users/holders of your tokens decide to sack the main developer what do you think you happen, there would be infighting or you expect shareholders of Apple to vote on every new development, the project would remain static. I just think that the issue of governance is giving more relevant than it deserves.

[AakZaki]

From all this it is very clear that every investor will analyze in advance what they will invest in later, they will have the right choice if the layout does not match their description. We all have expectations about the projects they will participate in in the future. there are many things that we have to pursue from projects that we think are good later. so you should continue to study and see future developments with the project you have.

it is a mandatory thing to do, analyze the project first before investing in it. There are many projects that are continuously appearing on the crypto market, but not all projects are good to invest in. some are good but many are scams.
By doing research or analysis we will know whether the project is feasible or not. Without doing all of that, we will only follow obscure projects and that will be very dangerous.

[blockman]

I thought that this is a good discussion about governance and its actual growth. But then, at mid of reading, there goes this uncommon project that you've mentioned and you even misspelled it. Anyway, if we're going to the actual topic of the role of good governance in the growth of crypto for that specific country or area. It really plays an important part in how that growth must be. Starting from the rules and regulations and its openness for adopting crypto payments and being not so strict with the rules they set especially for the taxation of crypto profits. A government that understands how crypto works is also a big deal.

This is the altcoin board, it's filled with people who shill their projects all the time and it is such a shame but I have stopped caring about what newbie accounts are saying because of this reason.

I mean exactly this is the main reason why this forum is getting worse everyday but also bigger at the same time, we are getting to become headquarters for people to shill their projects and since this website is high DA on google SEO as well, that means if you could write something and if possible then link it as well, that means you are going to get your project to be ranking higher on google, if nothing else from people who would be interested from here as well, even if everyone here is against it, just the SEO work is enough to spam this place for sure.

You're right but there are some rules and I think that it's okay not until a mod sees that it's no allowed and removes the thread. But then, I want to spread positivity about the topic that he's brought up. I know for some reasons, we don't like really those that shills but then, that's them and if there's some legitimate topics brought, I'll just avoid that part and will focus on what's being asked but not about the project but the topic that might make good conversation.

[TastyChillySauce00]

Oscar is garbage swap platform. What you have been saying above was only gimmick to attract people to buy your garbage token called oscar. None used this shit scam swap build by scammer. Oscar is just an ordinary shit platform swap being used for the scamming purpose.

You intend to shill your project, but you were also talking a non sense thing about that.

[iphone5s]

Oscar is garbage swap platform. What you have been saying above was only gimmick to attract people to buy your garbage token called oscar. None used this shit scam swap build by scammer. Oscar is just an ordinary shit platform swap being used for the scamming purpose.

You intend to shill your project, but you were also talking a non sense thing about that.

It's very clear that the project is not feasible not to be followed or produce something that is not good later. you could just spend your money when you feel you are making a profit in the future. Be careful with everything that is happening right now. Proper analysis will reduce the losses that will await you