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Take everything you think you know about crypto and poop it in the toilet. Shout between the stalls to your neighbor to show your support for their struggle. Light a match to cover up the Taco Bell token you bought earlier. Give a congratulatory hoot when you flush and finish. This is my anti-professional crypto channel. I‘m just a a barely sane dude who fell down the cryptocurrency rabbit hole. This channel is my fumbling attempt to communicate myself outside of my own head about my journey in the crypto space.
Episodes
Thursday Jun 23, 2022
Thursday Jun 23, 2022
Good morning! This morning I speak about voting in DAOs. DAOs have notoriously low participation in voting as well as people that just speculate on the governance tokens. This has been an issue lots of communities have been trying to solve. This issue even applies to the large-scale apathy we see in our nation-wide voting today. In this episode I go over a prototype of a voting system being developed by Re-Public.io. The idea is that a DAO gives the members voting tokens that are non-transferable soulbound tokens. In order to claim these tokens, they must be delegated. What makes it original, is that on top of needing to be delegated, you can delegated to someone based on proposal topic and to a person who specializes in that topic category. For example, if I know Keith is good at software development, and a proposal is about a a proposed software upgrade, I am going to delegate my votes to Keith on that proposal because I don't know jack squat about software.
Hopefully this type of liquid democracy can wrangle people from apathy or just speculation back into the voting process.
Sources:
https://re-public.io/blog/fixing-dao-governance-because-we-have-to/
https://www.opendemocracy.net/en/can-europe-make-it/liquid-de/