Influence Decentraland’s Future
DAO stands for "Decentralized Autonomous Organization". The Decentraland DAO owns the most important smart contracts and assets that make up Decentraland – the LAND Contract, the Estates Contract, Wearables, Content Servers and the Marketplace. It also owns a substantial purse of MANA which allows it to be truly autonomous as well as subsidize various operations and initiatives throughout Decentraland.
Decentraland is the first fully decentralized virtual world. It was always part of the original vision to hand over control to the people who create and play in this virtual space. In short – you, the users. Through the DAO, you are in control of the policies created to determine how the world behaves: for example, what kinds of wearable items are allowed (or disallowed) after the launch of the DAO, moderation of content, LAND policy and auctions, among others.
The community will propose and vote on policy updates, future LAND auctions, whitelisting of NFT contracts to be allowed inside the World, Builder and Marketplace, and whatever the community deems relevant. Voting takes place on the Decentraland DAO's governance interface, powered by Aragon.
Over the coming year we’ll be scheduling votes to decide on a range of issues, including (but not limited to)
Upgrading LAND and Estates to add more features and protocol upgrades
Specifics and dates of future LAND auctions.
Size of marketplace fees, which are always in MANA that gets burnt.
Primary sale fees, which are always in MANA that gets burnt.
Addition and replacement of community-run content servers.
Allocation of MANA grants to development efforts.
Addition of new wearables to the Decentraland World, Builder and Marketplace.
Replacing members of the Security Council.
MANA has already been fully decentralized, in the sense that the private key that controlled its smart contract <blank>[has been thrown away](https://etherscan.io/token/0x0f5d2fb29fb7d3cfee444a200298f468908cc942)</blank>
The DAO is supported by the Security Advisory Board (SAB). The SAB acts as the guarantor of contract security, tasked with the job of providing a swift response to bug reports. The Board will be able to quickly upgrade the smart contract implementation of the LAND and Estate contracts and replace it with a bug-free version upon receiving a responsible disclosure bug report. All contract updates must be unanimous. Comprising 5 members, the Board will be made up of several expert entities or individuals initially chosen by the Decentraland team and later appointed by the community.
Members can be changed by the Aragon DAO – a vote must be started to remove or install a new member. This is an action that will involve the community using wMANA. A member of the SAB creates a vote for the community to add or remove a member of the SAB and community members use wMANA to cast their vote. "You can <blank>[read more about the Security Advisory Board here.](https://decentraland.org/blog/announcements/security-council/)</blank>"
Initially, until fraud risk is reduced to its minimum extent possible, votes will only be created and scheduled by the Security Advisory Board (SAB).
The DAO is your platform to greater control and influence over the development of Decentraland and we urge you to exercise your right to vote and positively shape our virtual world.