🕸️Node

Node is a group of users within DAO with some specific functionality.

The architecture of social connections in VERV DAO is based on the idea, that each Node should not break the Single Responsibility Principle (we are calling it Node's Mission — reason to live) and there is always final responsible for that Node. There are some exceptions to this rule, and one of them is the Protocol Enforcement Team.

For responsible, we were thinking about the name Commander, but I guess that Speaker is the better option — you mostly represent and take full responsibility for all gains and loses on behalf of the Node, not just rule it.

The Node can be private, and you can turn your whole family into the Node. This is your private space. Photos, videos, memories, and other moments could be automatically saved in this space, on your will.

The Node can be limited, so you can form a some kind of limited company and provide business activities within the DAO ecosystem.

The Node can be public.

All Nodes are eligible to set their own rules to accept members and the ladder / tier system within. Moreover, there are no limits on governance method — until everyone is happy, you can try a “one-man show” or delegate the work to certain professionals.

All non-private Nodes are mandatory to host a node of VERV's blockchain once it's available. There are some requirements on staked VRV amount to obtain the ability to host the node. For hosting, you will get more profit from the Global Sharing Initiative (GSI). You can host only 1 node at one associated entity.

There are some system fees for Node operations. All fees are split within GSI.