MaxPWR (OP)
Newbie
Offline
Activity: 10
Merit: 0
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January 02, 2014, 05:52:50 AM |
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Hopefully more inspiration to nominate me in the official MMC forums.
(Again, I shall only post to the newbie forum and rely on inspired individuals to carry my message to the MMC community / forum. This is by design and intentional, but I am sure trolls will appear anyway.) ____________________________________________________________
To the MemoryCoin Community:
My name is Max Power. I got it off a hairdryer.
I shall act as the MemoryCoin CEO.
I used to be a mechanical engineer in the nuclear power industry.
My real name and identity is not important. I will operate MemoryCoin pseudonymously and autonomously to the extent possible, by proceduralizing and delegating its governance and execution. This is done through the governing and voting process among officers and members - i.e., the CEO oversees the voting process, amendments, changes in fee structures, etc. I will develop guidelines for myself, officers, and the community to submit, vote, and accept/reject proposals, amendments, and regulations. As CEO, I shall develop a voting system for the community itself to design, govern, and regulate the MoneyCoin network.
As CEO, personal identity, background verification, published financials, corporate planning and other details shall be available to the necessary degree, and likely will be necessary at some point. But the intent is to find the appropriate balance of transparency and cost-reduction necessary at each level of the distributed economy. As CEO, my job is more to delegate, direct, coach, support the other officers and the community to realize the full potential of themselves and of MemoryCoin.
MemoryCoin is the first proof-of-concept DAC for Invictus Innovations, and I would like this experiment to be as generalized as possible so that the lessons learned can be rapidly scaled and deployed to other applications. We will need a lot of support, and each officer will have to act as his own CEO - delegating to and receiving support from the community.
MemoryCoin will be designed, governed, and regulated by the community through its innovative voting structure. All that it requires are officers to give the community vision, leadership, and inspiration. We must motivate the community to see the potential in MemoryCoin, to make their own contributions, and to support ourselves in the process.
This is truly a unique time in history.
I will be very active over the next few days, but some first thoughts are given below:
CEO Responsibilities
The MemoryCoin CEO is responsible for what I like to call the Distributed Programming Interface. In the real world, this would be company policies and procedures, how departments interact, corporate budgets, etc. For a virtual corporation, this is its governing policies, fee sharing agreements, and dispute resolution. This is also the public face of what sort of information, details of our operations, and transparency we shall provide to other classes, departments, organizations, etc.
That is, the DPI shall consist of control programming elements - what other officers shall do, may do, or may not do within the MemoryCoin network (heavily biased towards the "may", though). Subroutines for proposing amendments, affiliations, partnerships, etc. Corporate governance meets object-oriented programming.
The intent is to provide each "sub-DAC" within the MemoryCoin community the highest level of autonomy, greatest amount of wealth, and lowest costs possible.
I intend to follow the principles of Distributism as supported by G.K. Chesterton, who called it "The Just Third Way." Capital investment and means of production should be kept local to the economic decision-makers and distributed widely through the community.
You are giving myself and each of my officers control over a portion of the network fees, which will form our operating budget. Each officer shall have discretion over these funds, and is expected to spread and distribute these to other members of the community in persuit of their goals.
Distributism is often compared to a "guild" structure. We are skilled workers and dedicate our lives to the quality of our work, developing our own skills, and mentoring others. The MemoryCoin community can become a training ground for the next generation of skilled workers and support a growing number of new careers, opportunities, and future leaders.
Combining that with 21st century machine-to-machine networks, the officers of a DAC offer a sort of human control and sampling element. We are given control over the care and maintenance of the DAC network, are expected to foster its growth, and plan for its future. We will engage the community, inspire them, and motivate them to share their own ideas, vision, resources, and energy to develop MemoryCoin and support the cryptocurrency paradigm.
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