How To Create A Governance Token? Do Governance Tokens Make Money?Governance, along with treasury management and token incentive mechanisms, is a crucial element of every DAO. In order for your members to make, vote on, and carry out ideas as a community, you must publish a governance token and governance contract on the blockchain if you're interested in launching a DAO. I will explain the process of how to create a governance token in this article. It is quite simple, but you need to pay attention to be seamless.