Governance
Unobvious perspectives and projects addressing how crypto / the Internet change the systems & structures for decision-making & control.
sari and
Governance
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DAOs & Token-based Governance is a fantasy.
Stop emphasizing token-based voting; start focusing on assigning executive power. Even countries and big corporations fail to ensure wide participation by their "token holders" - instead they maintain strong executive bodies
Thread 👇
Tokens that get their value from "governance rights" are mostly bullshit.
In order to assess whether the governance rights are actually valuable, look at 3 related areas:
- Scope
- Scale
- Selfish Benefits
Quick 🧵
if everything becomes a DAO then every interaction will be a vote or decision, how do we scale decision making fatigue and voter apathy?