> ## Documentation Index
> Fetch the complete documentation index at: https://docs.gotahunch.net/llms.txt
> Use this file to discover all available pages before exploring further.

# Team & Governance

> Legal structure and governance transition plan

# Team & Governance

## Legal Structure

Hunch operates through a **BVI Foundation** structure, providing the flexibility required for global crypto operations while maintaining appropriate legal protections.

| Entity                 | Purpose                                          |
| ---------------------- | ------------------------------------------------ |
| Hunch Foundation (BVI) | Technology development, token issuance, treasury |
| Operating Subsidiary   | Day-to-day operations, partnerships              |
| IP Holding Co          | Intellectual property protection                 |

<Info>
  BVI Foundation structure is commonly used by crypto projects for its flexibility in token issuance and global operations.
</Info>

## Governance Transition

Hunch will progressively decentralize governance through the following phases:

### Phase 1: Foundation-Led (2026)

<Card title="Centralized Development" icon="building">
  Initial development and launch guided by founding team with advisory input from token holders.
</Card>

**Governance Scope:**

* Product development decisions
* Initial tokenomics implementation
* Partnership negotiations
* Treasury allocation

### Phase 2: Hybrid Governance (2027)

<Card title="Community Input" icon="users">
  Community voting on key parameters with foundation retaining strategic control.
</Card>

**Community Votes On:**

* Market categories
* Fee structures
* Reward allocations
* Feature prioritization

**Foundation Retains:**

* Technical architecture
* Security decisions
* Legal compliance
* Emergency actions

### Phase 3: Full DAO (2028+)

<Card title="Decentralized Control" icon="landmark">
  Complete transition to decentralized governance with treasury management, protocol upgrades, and strategic decisions controlled by \$HUNCH holders.
</Card>

**DAO Controls:**

* All treasury allocations
* Protocol upgrades
* Partnership approvals
* Governance parameters

## Governance Mechanism

| Component              | Description               |
| ---------------------- | ------------------------- |
| **Voting Power**       | 1 \$HUNCH = 1 vote        |
| **Quorum**             | 10% of circulating supply |
| **Proposal Threshold** | 100,000 \$HUNCH to submit |
| **Voting Period**      | 7 days                    |
| **Timelock**           | 48 hours after passing    |

## Advisory Support

Hunch is supported by advisors with expertise across key areas:

<CardGroup cols={2}>
  <Card title="Prediction Markets" icon="chart-line">
    Experience building and operating forecasting platforms
  </Card>

  <Card title="Crypto Infrastructure" icon="cubes">
    Deep knowledge of blockchain architecture and scaling
  </Card>

  <Card title="Mobile Gaming" icon="gamepad">
    Understanding of engagement mechanics and retention
  </Card>

  <Card title="Emerging Markets" icon="globe">
    Distribution expertise in target geographies
  </Card>
</CardGroup>

<Note>
  Full advisory board to be announced. Interested advisors can reach out via official channels.
</Note>

## Security Council

For emergency situations, a Security Council maintains limited authority:

| Power               | Scope                                |
| ------------------- | ------------------------------------ |
| Pause contracts     | In case of exploit or vulnerability  |
| Emergency upgrades  | Critical security patches only       |
| Treasury protection | Prevent theft or unauthorized access |

<Warning>
  Security Council powers are limited and time-bound. All actions require multi-sig approval and are subject to community review.
</Warning>

## Transparency Commitments

| Commitment            | Implementation                            |
| --------------------- | ----------------------------------------- |
| Open source contracts | All smart contracts publicly verified     |
| Treasury reporting    | Monthly on-chain treasury reports         |
| Governance logs       | All votes and decisions publicly recorded |
| Development updates   | Weekly progress reports                   |