Thread by @mathMakesArt

Looking for resources about founding a project with decentralized governance.

Specifically I want to make a DAO token & eventually allow all contract administration decisions to be voted on by holders.

How to decide on a fair distribution model? How to balance present & future?

I would also love for the actual development of the project to be funded by platform fees. Distributed between not only myself but any future contributors.

But I don't want to overcharge.

Maybe it's best to start with one fee model, but adapt it over time based on votes?

Maybe in terms of "dividends" being paid from platform revenue to developers, it's better to keep that separate and not determine reward fraction based on governance token ownership?

I don't want DAO members incentivized to vote for raising their own payment at expense of fund.

This @BanklessHQ episode with @owocki seems very promising on the topic. I haven't actually finished listening yet, but I like what I've heard so far.



I'd be very appreciative if anyone interested in this topic shares readings, podcast episodes, etc!

One idea that could help keep platform fees low:

- Every time a new feature is developed, create an NFT which implements that feature
- Sell the NFT, w/ all proceeds going to the developer fund
- Open-editions to ensure availability, but for a limited time to reward participants