Entities

The Parliament in the Galactica Network represents the majority vote of network participants, consisting of the National Council (NC) and the Council of Interest Groups (CoIG). The NC has a variable number of representatives, while the CoIG has a fixed number. The High Council oversees the Interest Groups, with representatives from various Special Interest Groups and the top four ranked Interest Groups.

A rotation system for Interest Groups is in place, with voting every twelve months (a Mandate) and a maximum of two consecutive Mandates for each group. Key Interest Groups cannot be removed from the High Council, while non-Key groups can be voted out with specific attendance and voting conditions. Absences during voting sessions are penalized, potentially leading to a reduction of Reputation points or negative Soulbound Tokens (SBTs).

To fully understand the governance system of Galactica Network, please review this document dedicated to the topic of Governance.