Cets Signal New Direction With Bold Declaration: ‘This is The Syndicet’

Ever since the transfer of IP mid-August this year, holders and the broader ecosystem have eagerly awaited the future direction of one of Solana's OG projects.

The team have identified the flaws associated with an out-and-out DAO and seek to blend the best parts of a DAO with a more traditional corporate structure. They aim to do this by empowering an Executive Team to make key decisions for the project but with the transparency afforded by on-chain data.

The central leadership team will be elected alongside an advisory board to oversee decisions and provide feedback. Holders maintain traditional DAO rights through their ability to vote for/against candidates, to impeach elected executive members where necessary and any significant decisions.

Cets have dubbed their thesis The Syndicate Framework - or Syndicets.