Inside Open Collective's Effort to Become Decentralized for Global Public Goodby@rohitmalekar

Inside Open Collective's Effort to Become Decentralized for Global Public Good

by Rohit Malekar11mFebruary 14th, 2022
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

The goal here is to “transition from a privately owned company to a structure that allows us to share power and revenue” with its community. This proposal is based on how Commons Stack has approached realigning incentives around public goods. The result is a continuous organization powered by a self-sustaining funding mechanism to preserve it as a public good. The setup relies on a token bonding curve to align incentives to produce socially-beneficial behaviors and outcomes. It incentivizes group behavior around the collection and prudent use of shared community resources.

People Mentioned

Mention Thumbnail
Mention Thumbnail

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Inside Open Collective's Effort to Become Decentralized for Global Public Good
Rohit Malekar HackerNoon profile picture
Rohit Malekar

Rohit Malekar

@rohitmalekar

Building a digital studio. Writing on decentralization. More at publish.obsidian.md/rohitmalekar

Learn More
LEARN MORE ABOUT @ROHITMALEKAR'S
EXPERTISE AND PLACE ON THE INTERNET.
L O A D I N G
. . . comments & more!

About Author

Rohit Malekar HackerNoon profile picture
Rohit Malekar@rohitmalekar
Building a digital studio. Writing on decentralization. More at publish.obsidian.md/rohitmalekar

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite