The Father of Futarchy Has an Idea to Reshape DAO Governance
Sixteen years after Robin Hanson published a seminal paper on using prediction markets to inform governance decisions, his ideas have found a home in the Ethereum community. The associate professor of economics at George Mason University and researcher at Oxford's Future of Humanity Institute first coined the term "Futarchy" to describe a new form of governance that uses data from prediction markets to provide input. Since the article's original publication, Hanson has traveled the world teaching classes, pitching businesses and making appearances at conferences about Futarchy.....
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The newly launched GnosisDAO will allow Gnosis users to vote on platform governance and development.
Gnosis shaped its DAO based on the concept of futarchy. Gnosis, an Ethereum-based platform that facilitates betting on events and other metrics, revealed plans for its own Decentralized Autonomous Organization, or DAO, called GnosisDAO.“This will have the effect of progressively decentralizing Gnosis as a project using a native governance framework powered by their token economy, bringing governance to the coming internet of value,” according to a Monday public statement sent to Cointelegraph. In addition to its prediction markets wing, Gnosis has a multisignature, or multisig,....
A son has been arrested and sentenced in a crypto crime that almost left his father dead. The son who had wanted to get his hands on his father’s crypto holdings but could not do so without getting access to his phone had turned to drugging his father and taking the phone off him. The […]
Ken Kutaragi, father of the Sony Playstation, has issued his opinion about the metaverse narrative currently developing on the market. The former executive of Sony stated that he saw no point in the metaverse idea of separating the real world from the virtual one.
Playstation Inventor Bashes Current Metaverse Conception
Ken Kutaragi, one of the inventors of the Sony Playstation, has criticized the conception of the metaverse that some companies are currently pushing. Kutaragi stated in an interview with Bloomberg his opinion about how the metaverse is being conceived, declaring....
Bitnation was recently in the news for assisting European nations to process the refugees entering Europe and providing support to these refugees as well. We caught up with Ms. Susanne Tarkowski Tempelhof, the founder and CEO of Bitnation to know more about the organization, projects they are currently involved in and her future plans for Bitnation. NewsBTC: Please tell us a bit more about Bitnation. Susanne: Bitnation is the world's first Virtual Nation providing real governance services. It's powered by the blockchain technology, which enables us to provide the same services traditional....