This launch signals a shift toward deeper decentralized governance in XRPL’s future, offering users a structured way to engage in critical decisions, fund initiatives, and support real-world blockchain adoption.
However, the project is not yet live as it plans to fully launch towards the end of summer.
By eliminating centralized control, DAOs can bring transparency, inclusivity, and more equitable access to decision-making.
XAO will rely on XRP to carry out its voting and governance functions rather than issuing a new governance token. This decision was made to avoid the volatility and confusion often associated with newly launched tokens, ensuring that focus remains on community input and utility.
In addition to governance, XAO aims to act as a catalyst for innovation.
The DAO will distribute grants to various contributors, including developers, validators, academic institutions, and XRPL-focused startups. Funding will also be extended to creative projects, public policy efforts, branding campaigns, and regulatory outreach.
