CGS (CGS ) ICO Details & Financial Information

Good governance is a key point when we talk about decentralized networks in general, or blockchain in particular. Decentralized networks break with the traditional hierarchical models (vertical) and facilitates a model in which hierarchy does not exist (horizontal). In this sense, different groups of participants have different and common interests. Having a strong governance system to rule them is crucial. It is essential to maintain the incentives of those participants aligned. Therefore, the system needs mechanisms to coordinate those participants around their common incentives, and avoid imbalances in their powers.