The idea of our own token for the project is a good idea.
Except for one thing. If we gona use the token as power in voting system… Whales will be able to buy it and influence the direction of the project development…
Perhaps we could create some additional level of governance, with a higher priority in voting. Consisting of the current development team, supplemented by a wide range of adherents of the ideals of the project. To eliminate the monopoly of whales.
From my point of view, this will be the main problem. But there are also other points that raise questions… How to get around all the disadvantages\difficulties associated with token… for example, when the price of a token loses value, it also affects the reputation of the project.
Experts in tokenomics will tell you a few more points.
But I am SURE that by approaching the issue wisely, we can overcome all these pitfalls!
There will be disproportion if you will limit voting power of big players that will affect the price. And dont forget that nobody prevent ability of multyaccing for whale, so limitation will not work. I would better think about something like trade unions. Small holders can unite and vote, for example, for time limited reducing of voting power, of big player, if his desigions do not count interests of small holders. Or veto right if decigion unaxceptable for both sides. As a concept.