The Government Network (GOVT)

What is The Government Network

The Government Network is building the first borderless nation powered by Blockchain Technology, operating from a Decentralised Autonomous Organisation (DAO). Its purpose is to innovate governance one step at the time through the implementation of applications serving direct market needs as drivers for the ecosystem. The goal is to build a nation, operating on a decentralised governance model, that empowers the people with abilities to achieve their goals independently through the power of technology. The DAO's government structure will be determined by a constitutional convention of experts elected by the early citizens.

The platform will consist of a network of incorruptible, interconnected decentralized services, each optimized for their purpose. Transparent by design, the platform will operate as a self-regulating entity or DAO, governed through an impartial consensus mechanism and constitution. Practical in approach, the DAO works in conjunction with society for the betterment of individuals, communities, and global governance. The Constitution will be drafted by a Constitutional Convention consisting of an equally represented group of prominent experts, businessmen and humanists from a variety of fields, elected by the early citizens. The Government Network is focussed around developing applications serving immediate market needs, such as an identity management hub for self-sovereign identity, escrow and arbitration services and polling, voting and petition solutions. The citizens of the nation will have the ability to build applications operating on the Government Network DAO. The GOV tokens issued during the Crowdsale swap over time for platform tokens, the NTN tokens. The NTN token has a prefixed value at which they are bought and sold on the platform\'s internal exchange.

The swaps are triggered by the growth of and participation in the Government Network. Furthermore, GOV tokens are used in the Governance of some of the blockchains operating in the Government Network ecosystem.