> For the complete documentation index, see [llms.txt](https://eggverse.gitbook.io/eggt-documents-1/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://eggverse.gitbook.io/eggt-documents-1/about-eggt/02.-introduction.md).

# 02. Introduction

<figure><img src="/files/1Mm5gFM8qBzTZjjlratE" alt=""><figcaption></figcaption></figure>

As DAO becomes mainstream in the crypto scene, the development of governance tokens is growing exponentially. Most governance tokens are issued by each platform and project for the purpose of voting to determine policies, and there are no functional differences in the tokens themselves, except for the gas cost due to differences in usage and protocols. Therefore, if it is the same main-net as shown in Figure 1, it can be used interchangeably as long as platform allows its use as each governance voting token. Nevertheless, the reason why governance tokens are issued separately on each platforms are that, as shown in figure 2, it is difficult to obtain a reliable number of votes because tokens are distributed and used by voting on other platforms.

<figure><img src="/files/vWPgX8Ncf3WJ6kBFz7jS" alt=""><figcaption></figcaption></figure>

Even if governance tokens are self-issued and secure a physically reliable number of votes, if the value of the issued token is low, it will disturb the interest in voting and lead to poor development of the ecosystem. In addition, the exponential increase in governance token issuance by DAO structure in the recent crypto scene can be a factor that lowers the participation rate of users in various voting events. This is because in order to participate in various voting events, it is necessary to have a large number of governance tokens or to continuously exchange tokens. So, some governances allow voting using not only self-issued tokens, but also cryptocurrencies that are valued in the market.

On the other hand, in order to guarantee a fair and free voting atmosphere by excluding the risk of obstructing free expression of opinions, voting is generally conducted in an anonymous way. Voting through crypto can be regarded as an anonymous vote because only the cryptocurrency address that participated is disclosed, but others could check on personal information via tracking address of crypto wallet such as Metamask and etc. In the crypto wallet address, all virtual assets of an individual as well as NFTs such as PFP are stored, so personal information can be tracked through the crypto wallet address. In other words, the transparency of the blockchain system can become the factor to reduce the reliability of crypto voting by violating the fairness and freedom of the crypto governance system.

&#x20;Therefore, in this white paper, multiple voting function that allows one token to participate in a large number of governances votes at the same time, and an anonymous voting function which the address of the cryptocurrency wallet is not displayed have been proposed for a method for maximizing voting activity, which is closely related to the continuous development of the governance ecosystem, and a method for securing the number of votes while preventing a drop in voting rate.

&#x20;Figure 3 is a conceptual diagram of the governance set structure of the proposed EGGT ecosystem. In the EGGT ecosystem, when the number of governance increases, will bring EGGT token transactions increases exponentially, then strengthening the EGGT ecosystem. Governance belonging to the EGGT ecosystem can also increase governance voter turnout and activity by inflowing EGGT holders from other governances.

<div align="left"><figure><img src="/files/3uSXuqypwpeF5hzUov7H" alt=""><figcaption><p>Figure 3. Conceptual diagram of the proposed EGGT ecosystem</p></figcaption></figure></div>
