# What are Control (GT) tokens?

**Governance tokens** in [DAOs (Decentralized Autonomous Organizations)](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao "Decentralized Autonomous Organizations (DAOs)") — are digital assets that grant their owners the right to participate in management and decision-making within a [DAO](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao "Decentralized Autonomous Organizations (DAOs)"). They are a key element of decentralized governance, allowing token holders to influence the organization's development, its rules, strategies, and resource allocation.

#### Key characteristics of governance tokens:

1. **Voting rights:** Token owners can vote on proposals regarding the [DAO](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao "Decentralized Autonomous Organizations (DAOs)")'s operations, such as protocol updates, fund allocation, team hiring, or rule changes.
2. **Voting weight**: Usually, voting weight is proportional to the number of tokens a participant holds. More tokens — more influence.
3. **Decentralization:** Governance tokens are distributed among [DAO](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao "Decentralized Autonomous Organizations (DAOs)") participants to ensure decentralized decision-making, unlike traditional centralized structures.
4. **Economic value:** Tokens can have market value and be traded on cryptocurrency exchanges. Their value often depends on the success and popularity of the [DAO](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao "Decentralized Autonomous Organizations (DAOs)").
5. **Protocol integration:** Tokens are usually built into the blockchain protocol on which the [DAO](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao "Decentralized Autonomous Organizations (DAOs)") operates (e.g., Ethereum, Solana, Polygon) and interact with smart contracts.

#### Use cases:

- **Proposals and voting:** Participants with tokens can propose changes (e.g., protocol code updates or budget allocation) and vote to accept or reject these proposals.
- **Incentives:** Tokens can be used to reward active DAO participants, for example, for participating in voting or completing tasks.
- **Delegation:** In some [DAOs](https://kb.iqbid.io/books/glossary/page/decentralized-autonomous-organizations-dao "Decentralized Autonomous Organizations (DAOs)"), token owners can delegate their votes to other participants if they do not wish to actively participate in governance themselves.

[How to get IQBIDGT tokens ... ](https://kb.iqbid.io/books/general-information/page/how-do-i-become-a-managing-investor)

#### Advantages:

- Decentralized governance, where decisions are made by the community rather than a central authority.
- Transparency of processes thanks to the blockchain.
- Encouraging user participation in the project's development.