Democratic Voting Mechanism

Democratic Voting Mechanism

AUM House: Democratic Voting Mechanism

As AUM House, we aim to have participants participate effectively in the management of projects by using the democratic voting mechanism. This mechanism ensures that decisions about how projects' funds are spent are made by the community. The democratic voting process is built on the principles of transparency, fair representation and equal rights of participants.

The democratic voting mechanism allows participants to have a say over the progress and expenditure of projects. Projects submit requests for funding and these requests are subject to a voting process. During the voting process, participants must reach a certain percentage and vote in favor of the request. In this way, a democratic process is ensured in which everyone involved in the management of projects is represented equally and has a say in decisions.

AUM House's democratic voting mechanism aims to involve more participants in the management of projects and to tailor projects to the needs of society. Thanks to this mechanism, everyone has the right to have a say in the future of projects and the use of funds. Democratic votes can be conducted in two different ways:

  1. General Votes: In these voting, all participants have equal rights and can participate in decisions regarding the management of projects. Each participant can vote on the progress of the projects, their expenditure and other important issues. In this way, the management of the projects can be shaped according to the demands and needs of the society by providing a wide participation.

  2. VIP Votings: Special VIP voting is organized for ambassadors who have been serving AUM House since the beginning and have risen to a certain level. In order to participate in these votes, the ambassadors must have reached a certain level and have the VIP Voting NFT. VIP voting allows more experienced ambassadors to participate in the management of projects and use of funds and add more weight to the decision processes.

As AUM House, we aim to empower participants, ensure transparency and accountability through our democratic voting mechanism. We aim to create a more equitable and sustainable crowdfunding environment by encouraging the active participation of the community in the management of projects and the use of funds. In this way, it will be possible to develop and successfully implement projects in accordance with the needs and values โ€‹โ€‹of the society.

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