brypto

a fair token launch
with shared fees
split to contributors and protocol
with a mixed asset treasury
triggered by a post

What all of these futuristic token org ideas lack is any semblance of good corporate governance

It’s not enough to automate the token flows in the system, you need governance — and that is a messy and very human process

I’m getting flashbacks of DeFi summer, we’ll probably rediscover governance forums 🙃

Startup artist seeking inspiration.  Champion of /bcard

What are the specifics though? How do you elect the board, are there officers, what happens when a board is in breach (which jurisdiction do you use to navigate legal issues)?

Specifics will depend on the org itself but personally I think the mechanisms should be able work onchain without legal recourse (which can be added later if needed).

Could be as simple as 1-member 1-vote, where existing members vote to add members, and vote on adding/removing people to the board (who have voting control over treasury).

When board is in breach, remove them.

Plutocratic compared to what?  It’s a similar setup to most small private corporations.  If you want it to be similar to a co-op you just have to change the membership criteria.

Whether or not an org mechanism works depends on the goal of the org and the scope of the org.  Different tools for different jobs.

Don’t you worry that gets too plutocratic?