π³οΈ Governance: Collective Decision Making
Learn how token holders vote on buyouts and asset management
Split expensive NFTs into affordable pieces
Your Progress
0 / 5 completedπ³οΈ Voting Power & Governance
Owning fraction tokens isn't just about price appreciationβit's about having a voice in decisions affecting the NFT. Token holders vote on key proposals like selling, licensing, displaying, or utilizing the asset. Your voting power is proportional to your token holdings.
π― Interactive: Governance Calculator
Adjust your token holdings to see your voting power and explore active proposals.
Active Proposals
Sell NFT
Accept $2M offer from collector
If passed, NFT sold and proceeds distributed to all token holders proportionally
π Common Governance Powers
- β’Sale Approval: Vote on selling the NFT and distribution
- β’Licensing: Approve commercial use rights and terms
- β’Display: Authorize exhibitions and public showings
- β’Treasury: Manage shared funds from NFT revenue
β‘ Voting Mechanisms
- β’Simple Majority: 51%+ votes needed to pass
- β’Supermajority: 67%+ for critical decisions (sale)
- β’Time-Locked: Voting period (e.g., 7 days) before execution
- β’Delegated: Transfer voting power to trusted party
π‘ Key Insight
Fractional governance creates a DAO (Decentralized Autonomous Organization) around each NFT. Unlike traditional art ownership where one person makes all decisions, fractionalized NFTs democratize control. However, this comes with coordination costsβgetting hundreds or thousands of holders to vote takes time. Smart protocols balance efficiency (quick decisions) with decentralization (fair representation) through quorum requirements, voting periods, and weighted voting.