As already introduced earlier, I would like to develop an incentivisation for Non-Orgs.
In contrast to DAO, a NonOrg (non-organization) tries to operate without any executive body at all. Ethereum Magicians try to be such NonOrg. The main reason is to avoid the centralization of power in hands of executives.
The lack of executives makes usual operations like invoicing or paying for the work quite challenging for NonOrgs. There are good discussions here and here, but it is about to how get invoices paid and expenses covered. I would target another aspect of NonOrg: Incentivisation of participation beyond of direct expenses coverage.
NonOrgs are creating public value and there are sponsors who would like to support it.
Who should receive the donation if there is no executives in Non-Orgs? Who should receive how much reward if the rewarded work was created by whole community over the long time? What is the fair distribution rule?
Even NonOrgs is just a group of independent people, they have resources “for sale”. For example, a Non-Org has a community. Attention and appreciation of the community may be valuable. It could be also advertising on NonOrg’s site.
What is the fair price and fair distribution of the income from that “sales”?
I would propose to create an incentivisation platform as follows:
- We need a token that get minted and distributed upon work done to the member of Non-Org.
- May be the token should be non-transferable in order to avoid speculations and corresponded legal problems.
- Any token holder may put his token into public order book for sale for any price he like.
- A sponsor “buys and burns” so much token as possible with his donated money.
- A sponsor provides “proof of burn” to the Non-Org community and get community appreciation or access to particular resources.
- Legally donation goes directly from sponsor to the members whos token get bought (and burned). They are solely responsible for legal and taxation aspects of the donation. NonOrg as whole is not a part of the financial transaction, because it neither takes the money nor provides services.
- Anyone is free to set any price and order time in the orderbook. No one can be accused of unfair distribution of sponsored money.
- If NonOrg makes meaningless work, token gets diluted. If the work is great more sponsors will come and token can be bought at higher price.
- How many token should be minted for the work done?
- It is unclear who can accept the work done and mint the token?
I believe the challenges should not be “hard coded”. It can a “wet code” provided by roughly consensus.
But it should be discussed anyway.
I am going to implement it because I need it for Ethereum Architects community. But I don’t like to develop alone. Would anyone join the implementation team?