The GFACT token

GFACT tokens are for governance and are separate from the FACT tokens used to interact with the dApp. As the project matures, GFACT will be transferable and convertable into some amount of FACT.

GFACT is distributed each work cycle to people whose peers attest to their efforts. For a disbursement to be claimed by a member, that member must first delegate the balance to others in case the claiming member does not participate in a vote. GFACT will also determine who can create proposals to be voted on.

GFACT holders will control the protocol itself, which includes smart contracts, the DAO, and the GFACT token supply.