Modern businesses are much inclined toward DAO Governance Token Development, and the basis behind that is the value of governance tokens. There are many factors that add up to the importance and value of DAO governance tokens - * These provide governing authorities to their holder * Voting power in every decision-making further leads to the community coming together * The voting process gets better and more efficient * Provides rights to cash flow by charging some fee and the votes can decide the portion distribution to the holders * Provide an opportunity for earning passive income as tokens can be traded, staked, exchanged, etc. * Renders rights for future token distribution enabling new tokens to be minted which further provides pro-rata share leading to more engagement.
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