The Evolution of Decentralized Governance
An introduction to the challenges of decentralized governance generally and their applicability to web3. Andrew Hall (Stanford Graduate School of Business) discusses what political economy research says about well-known challenges from the history of governance — from creating an informed electorate, to increasing participation rates, to preventing vote buying and corruption — and how those solutions could apply to DAOs and web3 platforms. Andy also presents some initial data on DAO governance from a project with Dan Boneh, and discusses how blockchain technology may facilitate new solutions to some of these classic governance problems.
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