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Creators, Governance Tokens #24
Description
What's a governance token?
Governance tokens confer holders the power to influence decisions concerning the core protocol, product or feature roadmap, hiring and staffing, and changes to governance parameters.
Creator tokens should incorporate governance functionalities for three primary reasons:
- Extra regulatory compliance
- The tokens can govern the OSS project's features, roadmaps, and staff. This creates added incentives for enterprises and others to buy and hold creator tokens that they currently have dependencies on or will rely on in the future.
- Creates and sustains demand for staking DEV.
How can we achieve this?
- Create whitelisted tools for creators to provide governance functionalities to their holders.
- Create a governance management dapp.
FRAME00:
Offering Governance-as-a-service to creators and enterprises for a monthly fee could become a business model to sustain FRAME00.
Activity
aggre commentedon Oct 15, 2020
This proposal would be a very making sense use case for Property (creator tokens).
@defi-er Can you tell me more about what you mean by "whitelisted tools for creators to provide governance functionalities to their holders" that you wrote?
defi-er commentedon Oct 15, 2020
Frame00 could create a SAAS dashboard for creators on stakes social to easily create DAOs with built in functionality (Aragon), easily transfer tokens to their team members, and manage their token's lifecycle from A-Z. The dashboard could charge $X per month in fiat with Y% of revenue buying DEV on Uniswap and burning it. Obviously, this is a future plan, but it's good to think about this now.