Bitazza Thailand Blog

Essential Checklist For Eligible Bitazza Voters

Written by Maywadee Chongfusuwan | Jun 12, 2024 9:23:49 AM

 

** Updated on July 14, 2023 **

Exercise your rights through Freedom Passport via the Freedom World app together from Thursday, July 20, 2023, at 6 p.m. to Monday, July 31, 2023, at 11.59 p.m.(GMT+7).

Voters must have the following qualifications:
1. Must have a Bitazza account and any amount of BTZ in the wallet, no minimum required.
2. Have the Freedom World app installed and complete the Freedom Passport.

To ensure the validity of this voting process, Voting Power must be utilized by Bitazza users, at least 25% of the circulating amount of BTZ in the market.
For example, the circulating amount of BTZ in the market is 348 million BTZ. To achieve a valid voting result on the closing day of the vote the total Voting Power from Bitazza users must exceed 87 million BTZ. So, if you want this voting to be effective, start accumulating BTZ now!

To ensure that the voting outcome truly reflects the will of Bitazza users, the final answer must have Voting Power of more than 90%.
For example, on the closing day of the vote, if the total accumulated Voting Power is 100 million BTZ, the chosen answer must have Voting Power of more than 90 million BTZ. So, if you want the voting outcome to truly represent your voice, invite your friends to sign up for the Freedom Passport!

Conditions for voting in the Freedom DAO for eligible voters:
1. Each passport has the right to vote only once, with no option to amend later.
2. Each passport has the right to vote for one desired answer only.
3. Voting Power will be locked before voting opens on July 20, 2023, at 4 p.m. (GMT+7).
4. Voters who do not participate in the voting process will be considered as forfeiting their rights and must accept the outcome of the vote.

*Voting power used to determine the weight of each vote is calculated based on your total BTZ holdings, including BTZ staked on the platform and on your cards, as well as BTZ held in your wallet, on July 20, 2023, at 4 p.m. (GMT+7).
**Terms and conditions apply