8. Amendment and Update of MIT DAO and the value in this Whitepaper
Last updated
Last updated
Once it is determined a change needs to be made to the Economy White Paper by GalaxyBlitz, the right for its amendment and update is then given to MIT DAO for the ultimate decision.
Every player with MIT in holding can obtain MIT through staking MIT to take part in the governance of MIT DAO. The player with 500,000 veMIT in possession is eligible to initiate a proposal to amend and update this whitepaper. The actual procedure is carried out by GalaxyBlitz after the vote.
MIT DAO Address:
MIT DAO has responsibilities including, but not limited to, the following:
1、To guide the operation team of GalaxyBlitz to carry out the production, consumption, and allocation through amendment and update of this whitepaper. The operation team of GalaxyBlitz shall faithfully follow the guideline outlined by this whitepaper and its future editions.
2、To manage the MIT DAO's community vault depository, from which any expenditure must be approved through a vote by the MIT DAO. The address of MIT DAO Community Vault Depository will made available to the community