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RLY Holders Approve Social Token Platform’s Decentralization Plan
The proposal’s 36 voters unanimously backed Rally’s plan to spawn a venture studio, an Asia-focused affiliate and other new entities.
Yazan Danny Nelson
Social token platform Rally is set to initiate a five-pronged decentralization plan after token holders voted unanimously in favor of the proposal Thursday.
Rally will now branch into a venture studio, a decentralized autonomous organization (DAO), a nonprofit, an Asia-focused entity and U.S.-based Rally.
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Platform leads pitched the new structure as a “major step” toward full decentralization – a common goal in the crypto sector. The proposal was submitted last week.
Read more: DeFi-Powered Social Token Site Rally Submits Plan to Decentralize Itself
Each wing will shortly receive millions of dollars in crypto-denominated funding from Rally’s treasury, according to the proposal. It’s part of Rally’s attempts to appeal to internet creators willing to experiment with tokenization – and fan engagement – in the digital economy.
“Rally offers a new frontier for creators to engage with their communities, receive meaningful value for their creative endeavors and have full ownership over their own independent economies,” said Bremner Morris, who becomes Rally’s CEO under the proposal.
Holders of Rally’s “social tokens” can use the Rally platform to create their own cryptocurrencies, and the tokens also give them access to content and products that haven’t been released.
The vote garnered 36 participants who used their RLY tokens to approve the plan. The voters committed 9.29 million RLY (worth roughly $5.5 million) for the duration of the vote.
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Bilinmesi gerekenler:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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