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 đ§”
The goal shouldnât be to recreate offline governance, online, after a period of trial-and-error. Internet-native organizations canât and shouldnât operate like geographic governments because they donât face the same constraints. Once online governance models evolve past a certain point, they should be both different from and superior to offline... See more