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Governance on Mars: Landowners Will Have Rights To Govern Their Lands

Updated: Jul 8, 2022

Have you got your piece of Mars already? If you did, you are probably wondering about its governance. Join us in the "You ask, we answer" rubric to get to know more information about it.

Can you talk about governance and taxes on NFT land plots?

The governance system is still being fleshed out, but the general plan is that landowners have access to a decision tree that affects their land. This governance system is a hierarchical structure that operates top-down. The landowner will be able to set permissions for access to treasury, development and building rights, taxes levied amongst different groups and even access to amenities the land provides. The idea is to provide a fairly robust system that allows landowners, or managers they assign, to manage the land how they see fit.

Eager to start your journey on Mars? Join us on Telegram or Discord to get the news first!

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