Governance
Unobvious perspectives and projects addressing how crypto / the Internet change the systems & structures for decision-making & control.
sari and
Governance
Balaji Srinivasan: How to Fix Government, Twitter, Science, and the FDA | Lex Fridman Podcast #331
youtube.com
Web3 aims to expand ownership re: A) economic upside &B) governance. IMO:
A is underrated—Giving upside to >1000x more stakeholders can disrupt the network effects of aggregators
B is overrated—There'll be some positives, but we'll experience the downsides of unclear leadership
Erik Torenbergtwitter.comOften significant governance power is distributed to early DAO contributors
But what happens when those contributors leave or reduce involvement?
A short 🧵
Chase Chapmantwitter.comTokens 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 🧵
Kash (🐱, 🐐)twitter.com