Consortium is a voting protocol that addresses those aspects of collective governance by enabling communities to access a token-weighted voting system.
Consortium provides a method to aggregate community’s ideas and opinions that are:
Trustworthy —signals provided only by the community’s token holders and stored on a public blockchain.
Incentive-based —signal providers are rewarded with GOVRN tokens.
Accurate — signals' strength is calculated utilizing Quadratic Voting principles.
The aim is to incentivize communities to be part in their organization’s development. Being part by the provision of valuable information (signals) that could be used to:
create new products and services or provide feedback to the existing ones
provide reactions to the recent news and formulate the community’s general sentiment
formulate new worker proposals for the workers or multi sig for custodians (in case of a DAC)
keep custodians and workers continuously in check (in case of a DAC)
Such signals are invaluable for social organizations since that information could be utilized continuously in general decision-making by all the stakeholders.
The Consortium is accessible from: https://app.consortium.vote/
Author: Peter Valenčič
Editor: Markus Hinrichs
Translation: -
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