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RE: Moving beyond coin voting governance - My Thoughts

in #hive3 years ago

Ya, pretty cool idea imo. It's similar to what is being built for spk dao. Basically, you'll set a task you want to see on Hive, can be marketing or coding or whatever. Set the price, any milestones, etc., then post. If the community bids this task up above the return prop threshold, it is now eligible for funding and people can now bid on the task. It's a reverse auction style setup where bidders now compete among one another for a job they know is going to pay. One of the biggest barriers in the current DAO system imo is just ease of use. First, you have to create a job then you need to go around promoting it, so people know to vote and get funding, and people think it may not get funding so not worth the effort. It's not like you can write a quick prop and push it out without it being detailed. Just the very time sink it cost to write a proper prop, get it marketed for a chance it may get funded.

WIth the SPK DAO, it's now as easy for a developer or anyone to just submit a bid and compete vs. all the other bidders without the need to worry about anything else. This will also bring more competition to tasks because you now have a open competition where bidders can undercut others.

From there, the community will vote on which persons bid they like the most, the bidder that passes yet another return prop for x time will be awarded the task.