Governance
Unobvious perspectives and projects addressing how crypto / the Internet change the systems & structures for decision-making & control.
sari and
Governance
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 👇
descriptiontwitter.comWeb3 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.com
The goal shouldn’t be to recreate offline governance, online, after a period of trial-and-error. Internet-native organizations can’t and shouldn’t operate like geographic governments because they don’t 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