Andy Hall (andyhall)

web3 governance and democracy both grapple with getting people to vote. For @a16zcrypto, Ethan BdM and I explore how projects could reward people for participating in a way that would be hard in the physical world but is easier with blockchain… https://a16zcrypto.com/paying-people-to-participate-in-governance/

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Frodo stored the ring on chain

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Lots of mathematical details are available in the write-up.

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Also, if a project tested this out, the resulting data would give a measure of every respondent’s cost of voting, and whether and how they voted. This could help researchers assess whether the costs of voting deter participants who would have different governance preferences.

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