1. Purpose
To establish a scalable and decentralized model for ThriveAlumni governance by integrating CHLOM™ Tokens and Convertible Class C Shares. This ensures transparent, on-chain engagement and equity alignment between member service, platform growth, and strategic voting rights.
2. Scope
Applies to:
All ThriveAlumni governance roles (elected, appointed, or assigned)
CHLOM Token recipients
Convertible share recipients (current and future)
CrownThrive ecosystem participants engaging in governance via digital licenses, tokens, or equity representations
3. CHLOM Token Governance Integration
3.1 Token Utility
CHLOM Tokens are used to:
Validate governance participation
Activate or extend digital licenses for seats
Enable DAO-style proposal creation or voting
Represent fractional voting weight in platform updates
3.2 Voting Thresholds & Limits
Token holders may vote on:
Committee expansions
Budget allocations
Policy reforms
DAO proposals (via CHLOM Portal)
Voting caps apply to prevent consolidation: no more than 5% governance weight may be held by any single token holder.
4. Convertible Shares for Governance Contributors
4.1 Eligibility
ThriveAlumni members are eligible to earn Convertible Class C Shares based on:
Verified service in a governance role (12+ months)
Demonstrated contributions to ecosystem growth or strategic leadership
Completion of CHLOM compliance credentialing
4.2 Conversion Events
Convertible Shares are activated during the transition to CrownThrive’s C Corporation status or at equity payout events approved by the Board.
4.3 Rights & Limitations
Convertible shares provide:
Profit-sharing potential
Limited influence in C Corp governance
No immediate cash value until triggered conversion or liquidity event
5. DAO Participation Rights
Governance contributors holding CHLOM Tokens or Convertible Shares can:
Propose governance amendments
Join DAO advisory panels
Gain early access to token airdrops or licensing bids
Participate in CHLOM Protocol beta testing groups
6. Vesting & Lock Periods
Convertible Shares: 12-month minimum vesting
CHLOM Tokens: Governance voting power is based on continuous holding, with a 3-month lockout from delegation upon initial receipt
Transfers require internal approval or whitelist verification to maintain community integrity
7. Revocation & Reassignment
Convertible Shares or CHLOM Tokens may be revoked under:
Governance misconduct or expulsion
Breach of ethics, NDA, or founder trust
Non-participation over 12 months (for governance-based tokens)
Fraud, collusion, or manipulation of DAO mechanisms
8. Future Updates & Synchronization
This policy is subject to update:
Upon changes to CHLOM tokenomics
Following SEC or corporate compliance advisories
When new governance roles are minted via the CHLOM blockchain
All changes must be announced with a 14-day review window, DAO proposal open period, and CHLOM Portal notification.
📌 Document Version: v1.0
📅 Effective Date: July 30, 2025
📁 Maintained by: CrownThrive Strategy Office · CHLOM Governance Taskforce · ThriveAlumni Token Integrity UnitWas this article helpful?