2 governance models for distributed and decentralized ecosystems

ethereum
governance

#1

The more I think about distribution and decentralization the more I end up coming back to governance, polling, ownership - where fairness is a big concern.

In regards to “fair” voting, here are two novel approaches that are already being used to good effect:

  1. Quadratic Voting where everyone gets an equal amount of voice credits every set period to use on all kinds of votes (up and down). [some ethereum-based implementations]
  2. Believability-based Voting where a council votes on its own members when making decisions and over time learns who “gets it right” and in what fields.

#2

Yes. “Who gets to decide” and “how are things decided”. And “who knew about / who was consulted” – which is an interesting information transparency piece that is often forgotten.


#3

Just saw this and I think you’ll like it @galki

A Continuous Organization is an organization that sets up a Decentralized Autonomous Trust ( DAT ) and gives it value by funneling part or all of its present or future cash-flows to it.

The Decentralized Autonomous Trust (DAT ) is a specific immutable smart-contract that implements a bonding curve contract with sponsored burning to automatically mint, burn and distribute fully digital security tokens that we call FAIR securities (FAIRs). These FAIRs represent a claim on the future cash-flows handled by the DAT.

It is important to note that the DAT is not the organization; like an irrevocable Trust, it is a contract external to the organization.


#4

Yes I like it! Very relevant to the problems of how to finance a coop startup and these guys have a pretty solution, although NPO-ing the company and handling ownership through a separate trust may have its own tricky problems.

Governance agnostic . FAIRs provide no governance rights. The DAT is immutable and doesn’t enforce any particular type of governance on the organization: it’s BYOG, “Bring Your Own Governance”.

With all these new proposals/algorithms would be nice to create a reference list.


#5

A recent survey about ethereum governance: https://goo.gl/PFfWiW


#6

Yeah I chatted with him. He is posting it everywhere trying to get responses. The questions aren’t well formed.


#7

Nice that you chatted cuz it aint good for man to be alone.