Why Governance Matters
Discover how board votes, shareholders, and governors keep companies fair and flexible.
Why Governance Matters
Governance is the system by which organizations are directed and controlled. In traditional companies, this means boards, shareholders, and executives. In blockchain companies, governance is often on-chain, using smart contracts and transparent voting.
Types of Governance
There are many governance models: shareholder voting, board decisions, and even community-driven DAOs (Decentralized Autonomous Organizations). Each has its pros and cons, but all aim to ensure fair decision-making and accountability.
On w3.company, governance is built into the platform. All major decisions—like raising funds, changing rules, or resolving disputes—are made through transparent, on-chain votes. This prevents fraud and ensures everyone has a voice.
Example: Board Vote
Suppose your company wants to expand to a new market. The proposal is submitted, and all shareholders vote. The result is recorded on-chain, and the smart contract enforces the outcome. This process is fast, fair, and tamper-proof.