Governance is Key

Governance
1

We need to dedicate more resources towards it, and we need to practice, practice & practice more!

EnergyWeb is a mostly unknown player in the blockchain space, but also one that has kept their heads down and kept building and building and working with regulators around the world. Whatever eventually comes out of this specific project is not necessarily relevant for us, but what they say regarding what really matters for businesses to select a blockchain they decide to settle on, is however something we should pay attention to.

Consider giving this a listen:

2

Another one worth watching on the subject. While I was fairly familiar was the governance models of Ethereum and Polkadot, it’s interesting to learn how NEAR is also experimenting and I’m going to try to learn more about where they stand on this today.

I know Shielded Labs / @aquietinvestor are working towards giving more voice to token holders, but I believe it begins at doing the research phase together with them. I don’t see any discussions regarding this matter on the forum or elsewhere and I see this as a problem. Transparency and openness (they are not the same but they work hand in hand) are key tenets of decentralized governance imho.

1 Like
3

Consider reading:

Proponents argue that foundations offer better alignment with tokenholders because foundations lack shareholders and can focus exclusively on maximizing network value.

But this theory overlooks how organizations actually function. Removing the equity-based incentives of corporations doesn’t eliminate misalignment — it often institutionalizes it. Without a profit motive, foundations lack clear feedback loops, direct accountability, and market-enforced discipline. The foundation funding model is one of patronage: Tokens are allocated and then sold for fiat, and that capital is spent without a clear mechanism to tie expenditures to outcomes.

People spending other people’s money, with minimal accountability, rarely optimize for impact.

1 Like