Flag Governance and Development

Flag is already a significantly decentralized platform and plans are in motion to achieve full community control over it in the future. Its governance is currently split among the following actors:

1) Network Validators. Flag validators are entrusted with deciding whether to adopt Flag improvement proposals (FIPs). Currently, every validator has one vote regardless of their share of the overall network stake but this is likely to change soon.

2) Flag Foundation and the project team. Like most public blockchain projects at the initial stage of development, the development of the core network protocol and the Flag treasury that mostly consists of the undistributed genesis FLAG supply (see the subsection "FLAG Supply and Current Distribution") are currently mostly managed by a foundation. For Flag, this role is played by Gibraltar-incorporated company Flag Limited.

Flag Foundation employs the Flag project team whose members' profiles can be found here.

The project team implements network protocol updates adopted by the validators, other protocol changes that do not require validator votes, maintains the full node software. It develops the mobile-centric infrastructure for creating and managing token communities on Flag. It also works on boosting the adoption of the network through improving the Flag tech stack, securing new partnerships and integrations, onboarding ecosystem projects and marketing the platform within the crypto space and beyond.

That said, since Flag is a decentralized public blockchain platform, no permission of the project team is required for anyone who wishes to integrate with or develop on top of Flag, including the development of the network and node software.

3) Flag Assembly. See the Assembly page for more details.