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https://warpcast.com/~/channel/daos
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ฮ2T ๐ฐ
@earth2travis
Different DAOs should have different voting mechanisms. Those are the rules of engagement. Am fond of systems where voting power is earned not bought
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Cool Beans ๐
@coolbeans1r.eth
Its a balance of power that needs to be figured out on a case by case basis for sure.
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ฮ2T ๐ฐ
@earth2travis
If buying power gives you control of the treasury that is what people are incentivized to do
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Cool Beans ๐
@coolbeans1r.eth
I absolutely agree. How do you incentivize people to buy more if they dont have more "influence" vs someone who might buy significantly less? I am trying to figure this out myself for my desert project. Quadratic voting?
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ฮ2T ๐ฐ
@earth2travis
Separate tokens for voting and financial stake
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Cool Beans ๐
@coolbeans1r.eth
hmmmmm. what if there is no monetary upside except maybe the NFT appreciating in value because of the assets being held by the DAO?
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Trigs
@trigs
There has to be some upside for contributing assets to the Treasury: - voting power - revenue from Treasury activity - tax write off for charitable contribution - special privileges that scale w/contribution Just some ideas, but nobody is going to contribute more assets to a Treasury if it doesn't reward them with more of whatever is incentivizing them. If the incentive is "well, we really need the money to grow", ppl with money aren't gonna wanna just give it cuz they like you. That kind of mindset isn't how you acquire significant amounts of money to give out! ๐
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ฮ2T ๐ฐ
@earth2travis
This cannot be emphasized enough. So many DAOs have failed not being able to simplify what you get for what you give https://warpcast.com/nintynick.eth/0x776c5971
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