daos

Let’s look at Optimism Fractal, a group that meets weekly to play experimental consensus games. The event is currently hosted by Optimystics and is open to anybody who wants to attend https://optimismfractal.com 🧵 1/

Coordinator, Product Manager, Event Producer, DAOist, Privacy Advocate

The game, as played by Optimism Fractal, aims to incentivise positive and consistent contributions to the Optimism ecosystem, the popular Ethereum L2 chain. 2/

It does this by asking a simple question: what did you do to contribute to Optimism this week? Attendees break into groups of six or less and share their contributions with each other. 3/

Then, using open source consensus tools built by Optimystics, the group ranks contributors from most impactful to least, requiring 2/3 (or 66%) consensus. 4/

The final results are written onchain (also requiring 2/3 group consensus!) and nontransferable Respect tokens are distributed, with the top contributor receiving 55 OPF, the next receiving 34 OPF, the next 21 OPF and so forth. 5/

You can see the consensus tools here https://optimystics.io/tools

And read the rules of the game here https://optimismfractal.com/details

Also, each session is recorded and uploaded for anybody to view https://www.youtube.com/@Optimystics_ 6/

The idea is that over time OPF token distribution will fall across all contributors in a manner consistent with the overall value of one’s contributions. 7/

The tokens represent quantifiable, onchain standing within Optimism Fractal; The more you have, the more respected you are as a contributor by the Optimism Fractal community. 8/

A council of top contributors is established, with OPF tokens used to represent voting power within that group. The council can manage token distribution, make changes to the rules of the game, or align on any other relevant decisions effecting the Optimism Fractal community.

Reputation-based governance unlocked! 9/

The game happens every Monday and if you’re interested you can join here https://lu.ma/optimismfractal 9/