Turing-Complete Governance

-How preferences are aggregated to produce decisions

A DAO succeeds if its technical properties grease the flywheel of decision-making, community building and participation, rather than staying the center of attention.

The procedures we have in society for coordinating people to make a decision together are limited by our tools, and by what we can understand, verify and calculate. While it is undesirable (and impossible) to attempt to fully specify the soup of human desires and values in code, there are things that computers do better than humans do—even simple t... See more

In general, governance power should be given to those who are truly invested in making good governance decisions and contributing to the community in the long term.

-How consensus is signalled

The magic of interoperability is that you could earn a greater say via increasing some reputation metric within the community, or improving your reputation elsewhere on the chain. If you participate in a number of DAOs, someone could create e.g. a modified PageRank algorithm that determines your reputation score by incorporating all of your on-chai... See more

-How created value is allocated

Airdrops are magical because few human organizations have ever been able to directly tie ownership to participation and early adoption so efficiently and cheaply. Before crypto, this would require extensive, deliberate personal information tracking and human outreach effort, far beyond simply sending tokens to a list of addresses.

It is fiendishly difficult to get lots of people to make decisions and work together both non-hierarchically and effectively.