Making and Breaking Plutocracy
Public.icon
https://gyazo.com/d1f0816996ca903fecf8b5e90f75a82f
https://mirror.xyz/adamstallard.eth/pIy5KjNgjSTmI2M5qVipl9wYXz-0sgqkh-xU9KH6RnQ
An article written by the founder cadamstallard.icon of BrightID.
Even if the uniqueness of IDs (i.e., "One person creates multiple IDs and hacks QF.") is guaranteed, it is difficult to prevent "Bid-rigging" ("Collusion").
If friends exchange things they are interested in, they will have two voting powers each.
Let's imagine that Calvin and Delilah both obtained free memberships/governance tokens for both Acme DAO and Beta DAO. Calvin is not interested in Acme DAO, and Delilah is not interested in Beta DAO, so they exchange. Now Calvin holds two Beta tokens, and Delilah holds two Acme tokens, which goes against the goal of the DAO to distribute governance equally among members. The root of this problem is that Calvin and Delilah have nothing to lose by being members of both DAOs, so they can easily exchange governance rights with someone who cares about them.
Plutocracy
Favors "gamifying the voting system."
Legalized collusion (a collusion smart contract (=bribe) is one type)
e.g., Curve War
Well, if you think of this as a kind of Radical Market, you don't have to stick to more formal democracy.
Why are voters indifferent? According to public choice theory, this is because the value of one person's interest distribution is lower than the cost of investigating voting options.
An important feature of the Plutocracy roadmap is indifference.
BrightID's Attention Streams
There may be no motivation to vote if the proportional effect of exercising voting rights on individuals is small.
It is difficult to get people to participate in governance because if the rewards (if any) obtained through proposals go to someone else, it is easier to just ride along with someone who pays attention to the problem. In contrast, in the economic realm, people are motivated to make changes if there is a possibility of making a profit.
The goal of Attention Stream is to discover early on popular ideas that have been proven to make money in the economic domain, and to make them work in the governance domain. If it is understood that money can be made in this way, participation will increase, funds for public goods will increase, and rules for themselves will be improved in a system that has economic effects.
Isn't this Can high-quality content be brought to the top by performing content curation in prediction markets? itself? (Prediction Market)tkgshn.icon*3
Participants create options
This is someone who creates text that delegates to some topic or votes early (I don't really understand this)
Even if you lose, you can profit by contributing
Well, I guess I have to read a little more...
Related:
Collaborative Design of Contribution Tracking Systems forDecentralized Organizations
Aiming for a Fair Voting System (Translation)