Last updated 4 years ago
I want to create a platform that will be used to create and onboard organisations and improve their fund raising and decision making.
This is the total amount allocated to Cardano Governance Multiverse.
Refine the idea. Build a team with the technical ability. Get feedback from community organisations that fund raise and make decisions.
No specific experience. Directed the building of a CRM, websites for my Real Estate and Restaurant companies. Worked on Property Portal.
I propose the building of a Cardano governance multiverse that supports an ecosystem of businesses and communities striving to function more efficiently. Once we can build such an ecosystem, new problems that require developer solutions will become more evident.
We should start by making it easy for communities and businesses to setup their organisations on a platform hosting a marketplace of organisations all with different causes and governance structures.
Creators should be able to choose the hierarchical structure, the voting rights and processes and how their members fund their own treasuries - whether it be by paying taxes, additional transaction fees, staking rewards or donations.
Cardano can add transparency to any organisations. Members of organisations would appreciate the ability to see how and when money is spent and the use of smart contracts to govern when and how funds are spent without the need to trust a middle man. Raising funds will be a lot easier on Cardano as automatic payments can be used. Decision making can be orderly and more effective because policy creation to implementation to review can be better designed and coordinated using the software.
Reputation, reviewing, personality and values matching will naturally emerge as useful and important features.
The possibility of creating startup businesses with strangers will become easier and less risky. We will be able to have fully transparent charities that are DAOs.
Nobody knows the best model for governance but the Cardano community will get to see many differently configured organisations running in parallel and we will more quickly be able to see what works and what ideas need more work.
Ultimately we should not try to create a one size fits all governance system and have projects that appeal to completely different types of people with completely different priorities competing unnaturally for treasury funds. Nobody will be satisfied. Let people find their internet tribes and start their own projects following their own strategies.
Further details
From what is currently on the market, my idea is closest to Aragon.
It will also borrow ideas from Bitnation, Colony and DOAstack.
The platform would emphasise the following:-
Ease of access - Users should be able to get started with a simple idea and through discussion with others build the idea into a fully operational organisation. Existing organisations should find it easy to onboard their organisation without being forced to change the way they run and manage their organisations.
Ease of use- The user experience should be simple with set-up wizards to start organisations according to their various kinds of configurations. Fundraising, Voting, Roles, Permissions, Management, Communication and Accounting should all be simple and user friendly.
Ease of individuals and organisations to collaborate - It should be easy for individuals and organisations to find similar or complementary organisations and individuals for, dialogue, collaboration or to form coalitions.
Measurement of individuals and organisations performance - A commons for analysis and creating different metrics for comparing and measuring the success and reputation of organisations and individuals.
Modularity - The software should be able to change, adapt and use plugins for new features that help improve the platform with tools for management, accounting , debating, profile features, matching users and communication.
Indepth advanced options - The platform should be completely agnostic when it comes to governance models. It should accommodate all possible tools and parameters so more advanced users can customise their perfect governing frameworks. User created governance frameworks should be savable, searched and utilised by others including less advanced users.
The Importance
A single governance system and treasury will likely be dominated by a few factions. Smaller factions will be squeezed out of the process and either become passive or will look elsewhere. Voter apathy leads to ideas such as paying voters to vote but voting is a privilege and paying voters undermines this fact.
Voters will not need to be paid if they consider the vote important and they are passionate about the issues. It is hard to be empathetic towards millions of people and the larger the group the more indifferent the voter.
As the number of participants grows the ability to discuss ideas will prove to be more difficult and decision making will suffer as all ideas will not be properly considered. This is not helped by making the vote proposals completely open ended. Without a narrow focus it will be hard to compare completely different ideas and we can only expect good ideas to get lost in the noise and more voter fatigue as voters struggle to prioritise, understand or connect to the issues.
There are many legitimate ideas and proposals that would be worthy of financial support. They can't all get support and gain funds as there is a limit to the number of winners possible and the dominant faction might continually see good causes as not worthy or as lower priority relative to others. If they are not picked up by the dominant factions they will get lost in the ocean of proposals until advocates don't bother making them anymore.
With a Cardano Organisation Multiverse, users could set up their own organisations, gain support and rally up their own funds from others passionate about their cause. Without such a platform many ideas simply will not get the light of day. It will lead to more apathy as users won't get a realistic chance to vote on the causes that are meaningful to them.
Also there is no one way to create a governance system and it is hard for a system to evolve without comparison or competition. With a multiverse of governance structures users can easily experiment and compare systems which will push improvement of the ecosystem forward.
Without the ability to design, create and promote our own organisation and treasury centered around causes we are most passionate about, Cardano will not be a system which allows maximum freedom.
Use Case
You can :
-Organise your local, cultural or sub communities.
-Float an idea that can eventually gain support and become a business or movement.
-Run a business
-Create an online nation
-Run a charity
This platform will integrate with Prism and be accessible through a Cardano wallet. It will have features like linkedin and facebook.
I don't know how much this will cost but I see it as a foundational idea. Users need to be able to opt in and opt out of organisations without leaving Cardano.