Archethic Community Launches BYOKey Initiative for UCO Holders Amid Blockchain Transition
Paris-based Archethic has pivoted to community-led governance after the dissolution of its original development entities, marking a rare case of decentralized resilience in blockchain ecosystems. The project unveiled BYOKey, a conversion mechanism allowing UCO token holders to exchange their assets for equity in a forthcoming Web3 digital identity venture.
The MOVE signals growing momentum for decentralized autonomous organizations (DAOs) in blockchain infrastructure development. Archethic’s community has assumed full responsibility for protocol maintenance and upgrades—a testament to the project’s ideological commitment to decentralization principles.