Regarding the future voting system :
Once an address has won a grant, the money should be blocked in the account until another vote unlock it or delete it.
This will be a far more incentive than giving away the funds before anything is done.
How it would work :
- Someone offer to do a task (programming, marketing, design etc... )
- Stakeholder vote for his address to get a grant.
- His address is elected for the grant, and money is created on it, but unspendable.
- The person complete the task and ask for the money.
- Stakeholder vote to make the money spendable.
- Or if the person don't do the task or resign, Stakeholder vote to delete the money.
I like this idea, but think it would require too much input and engagement from owners to make it work. Some users barely understand the voting at all, so I think asking them to do complex oversight like this would blow their minds.
Well I guess this is just a question of user interface.
But for the sake of it I have thought of other mechanism that could prevent to have the user to monitor what is happening in the community.
Here it is :
There should be a board of administrator which would be elected by requiring at least 70% vote.
Those administrator will be there to handle the task of managing candidate and money unlocking, but won't have any other power (ie: they can't create money or chose the winner).
It will go like this :
- Shareholder vote to elect the
board of administrators, each admin need to be approved by at least 70% (number to be discussed) of voter to be elected.
- The board of admin
check the candidate for the election, the candidate must be real people with real proposition, as opposed to fat wallet voting for themselves .
- For a candidate to be valid he would need 50% of the admin vote. The admin vote only for
validity, they don't have a say in if they like the project or not.
- Shareholder vote for the different candidates, the
best one win, the money is created, but
unspendable.
- The candidate complete the
task and ask for the money.
- Admin vote to make the money
spendable.
- Or if the person don't do the task or resign, Admin vote to
delete the money.
This will remove from the user the burden of checking the community, they just have to elect admin once, and vote for the project they like.
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