Effective Date: July 30, 2025 Applies To: ThriveAlumni · CrownThrive Boards · Committees · Token Holders · Governance Moderators · CHLOM Developers
1. Purpose
This policy enables the use of verified governance tokens to determine eligibility, activate seats, and facilitate voting and proposal rights through CHLOM™. It formally transitions governance into a hybrid-token model rooted in transparency, decentralization, and compliance.
2. Governance Token Requirements
Only CHLOM™-issued and platform-approved governance tokens may be used to:
- Cast official votes
- Activate or renew designation seats
- Propose committee actions
- Participate in special override or escalation ballots
All tokens are linked to the member’s identity, role, and CHLOM™ license status.
3. Token Issuance & Categories
CHLOM™ tokens are issued based on:
- Verified contribution or tenure (e.g. ThriveAlumni members)
- Board appointment or election win
- DAO-style proposal support
- Legacy designation grandfathering
Token categories include:
- Type A: Full governance + voting rights
- Type B: Limited voting or proposal rights
- Type C: Observer and non-voting seat access
Tokens are non-transferable, non-saleable, and revocable if compliance is breached.
4. Seat Activation Protocol
To officially activate or renew a designation seat, members must:
- Complete digital identity verification via CHLOM™
- Accept licensing and role responsibilities
- Hold and stake the minimum required token threshold
- Submit the activation request and await moderator approval
Only activated seats have voting or decision-making power.
5. Voting Eligibility and Procedures
Each eligible voter must:
- Be credentialed via CHLOM™
- Hold the minimum required token for voting weight
- Participate via encrypted digital ballot or verified smart contract vote
Voting thresholds for passing proposals are based on token-weighted quorum rules outlined in the CHLOM Governance Engine.
6. Revocation & Suspension
Tokens may be revoked if:
- Member is found in violation of conduct or ethics policies
- Fraudulent identity or seat activity is detected
- Role is abandoned or misused
- Compliance terms are not re-affirmed each term
Suspensions may be temporary or permanent and are logged on the CHLOM™ governance ledger.
7. Oversight & Expansion
The Governance & Tokenization Committee, under the Executive Council, is responsible for:
- Auditing token activity
- Reviewing activation fraud claims
- Approving new token issuance requests
- Recommending seat cap expansions and eligibility tiers
Founders retain override authority for emergency enforcement or structural resets.