Not so long ago, in the not so distant blockchain-based galaxy
Example
Somewhere aboard the Zeppelin, an exclusive Cigar Connoisseurs Club was formed.
In this club, the membership card is a coin, let’s call it GRN.
Depending on the number of coins a member’s status increases, he or she can decide which cigars, from which continent and with which type of tobacco should be brought to this exclusive Cigar Connoisseurs club.
However, in order to be able to make such decisions, it is not enough to own a whole mountain of GRN coins, in order to, become a member of the association club members have to deposit their GRN coins into a cigar connoisseurs club vault aboard a Zeppelin somewhere out there in a not so distant blockchain-based galaxy.
After depositing those that coins (their club cards) into the vault in return they receive a Government coin, a coin called GOV short for governance.
Now that the cigar connoisseurs have the GOV coin in their wallet, they can use this coin to decide when to admit new members to the club and under what rules (for example) they can of course decide that only people who have in their possession cigars rolled on the bodies of beautiful mermaids from the not so distant blockchain galaxy will be admitted to the club.
Materialists will ask and where’s the profit, where’s the profit not everyone gets satisfaction just from smoking exclusive cigars, some income would still be useful.
Well, GOV tokens can be resold on galactic blockchain exchanges so that unaffiliated people can buy membership in the Cigar Connoisseurs Club.
Someone who wants to become a member of the club can buy a GOV token and exchange it in the Cigar Connoisseurs Club vault for GRN and thus acquire membership in this Exclusive Cigar Connoisseurs Club. And if he deposits some amount of his GRNs into the vault and declares some period of time from three months to ten years, he will receive a corresponding amount of GOV which he can sell, or deposit into the vault.
Depositing GOV in the vault also has an advantage.
But let’s go back to the beginning, recall that a GRN is a membership token. GOV is a management token.
The only thing missing here is something for which non-club members could buy themselves exclusive cigars or a ticket aboard the Zeppelin, well, as in the world of blockchein not everything is for bucks.
To buy exclusive cigars on board the Zeppelin you need PWR tokens.
And to access the PWR tokens that will enable you to own and operate your Zeppelin, aboard which you will be able to purchase exclusive cigars, you must leave your GOV tokens deposited in the vault.
Where is the profit?
I can see the profit myself (I note, however, that this is no financial advice but my personal thought)
As a GRN holder I benefit from being a member of the exclusive Cigar Connoisseurs club, in addition I can deposit GRN into the vault and have another benefit in the form of GOV.
As a GOV holder I can sell them on the inter-galactic blockchain exchange and have a profit, or I can deposit them in the vault and get PWR tokens in return, which will enable me to run my own Zeppelin, on which I can sell exclusive cigars and other exclusive goods (for PWR tokens of course), which as a GOV token holder I will be able to lobby to also be available on board the Zeppelin in the not so distant galactic blockchain.
