- [Decentralized and Open-Source](#decentralized-and-open-source)
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## Introduction
We introduce the ThreeFold governance and provide some context around ThreeFold in general.
## Project History
The project is grateful of the support of its community and the commercial entity TFTech.
ThreeFold is fundamentally a decentralized initiative. Within this framework, ThreeFold Dubai plays a pivotal role in championing and advancing the ThreeFold Grid and the broader movement.
To make sure that all our funds are used properly and that decisions are taken for the benefit of ThreeFold and its community as a whole, we make use of different tools and features, such as multi-signature wallets, the [ThreeFold DAO](tfdao.md) and the [ThreeFold Forum](https://forum.threefold.io/).
We never organized a pump and dump or any other synthetic mechanism to boost the token price and benefit from this. We believe in organic growth and TFT going up as result of utilization and grid expansion.
## Genesis Pool
The Genesis pool was based on real hardware located in Dubai and Ghent.
The tokens out of this pool are safe and well managed. We are acquiring a lot of them with ThreeFold Cloud (ThreeFold Dubai).