# 9. GOVERNANCE - A LEGAL DAO SPOZZ is governed by a l**egally registered Swiss association**, modeled on a DAO but with real-world compliance and oversight. **How It Works** * The Social Club is open to holders of SPOZZ Membership NFTs * Every verified member has 1 vote (not weighted by token holdings) * The club elects a board, proposes initiatives, and decides how to allocate its share of profits * Legal statutes ensure democratic governance and continuity **Transparency** * Financials are shared annually * Platform decisions are proposed and discussed in public channels * Voting is secure and logged This isn’t a decentralized free-for-all — it’s structured community governance designed to outlast the hype cycle. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://spozz-club.gitbook.io/whitepaper/9.-governance-a-legal-dao.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.