This is really interesting. Setting up individual projects as DAOs could be an effective way to manage this. The DAO issues tokens to founders, advisors, and donors. If retrospectively it turns out that this was a particularly impactful project the funder can buy and burn the DAO tokens, which will drive up the price, thereby rewarding all of the holders.
Yep! There’s this other proposal for impact markets linked above. That’s basically that with slight tweaks. It’s all written in a technology-agnostic way, but one of the implementations that we’re currently looking into is on the blockchain. There’s even a bit of a prototype already. :-D
This is really interesting. Setting up individual projects as DAOs could be an effective way to manage this. The DAO issues tokens to founders, advisors, and donors. If retrospectively it turns out that this was a particularly impactful project the funder can buy and burn the DAO tokens, which will drive up the price, thereby rewarding all of the holders.
Yep! There’s this other proposal for impact markets linked above. That’s basically that with slight tweaks. It’s all written in a technology-agnostic way, but one of the implementations that we’re currently looking into is on the blockchain. There’s even a bit of a prototype already. :-D