daos

Thoughts? Seems like a winner take all situation. Still wrapping my head around it.

Today's decision markets can only evaluate a single proposal for each decision.

This doesn't scale.

Introducing Quantum Markets: a capital efficient mechanism for scaling futarchy.

1/9 https://t.co/nzxBIDThYI

Alpin Yukseloglu

Thoughts? Seems like a winner take all situation. Still wrapping my head around it.
https://x.com/0xalpo/status/1933202267051843744

Michelada connoisseur. Chief Onchain Officer at /area51 since 2022 AD. Focused on digital art & crypto

This is gonna require some focus to respond to. 

First off, I just want to say that I don't trade and don't want to trade and have no interest in trading.

So this concept of scaling out a token launchpad so that billions of tokens can be traded on without adding capital overhead is just nonsense to me. 

Capital isn't the limiting factor. Appetite for trading is. This is just making the existing capital that traders have more efficient. It's not going to bring in new players.

Find a new PMF, this one's washed.

That being said, I actually agree with the "quantum" part of this in regards to stake & governance. I've had similar ideas for governance models, and I think it has merit. 

Just stop trying to turn it into a gambling addiction. Trading and betting on tokens is the least interesting component of any of this.

Operations & Governance Leader | Driving DAO Growth & Strategy in the Decentralized World

I think it requires stepping back and addressing the governance process as a whole. 

Multiple proposals are necessary when the prompt is identifying a problem and sourcing solutions, rather than problem&solution all in one, like most governance is now. 

So the example is: 

Problem: Eth price isn't going up

Proposals: multiple different paths to making eth price go up

Process: everyone bets on which proposals will result in eth price going up

-

This only works in situations where you can agree on the problem and the metric to track to verify a solution has been found. 

Which also becomes its own discovery process.

Nah not stupid at all. I’m also trying to understand it.

An example that came to mind for me would be maybe irl activations? So ex: Nouns wants a presence at Farcon, instead of getting multiple props for one irl activation for the same thing, this could make it so it’s one and done but all get evaluated in one go? 🤷‍♂️ 

Maybe we’re over engineering it as DAOs can sometimes do 😂

Stupid question but why would we need multiple proposals around one decision? Isn't that introducing complexity where it might not be needed? I understand different type of voting decisions but isn't a good debate still useful to not just be in our own heads?