Knowledge Transfer: The Gitcoin Hyperstructure 🏒

@owocki thanks for the visionary work. When you stepped back from the DAO it left a hole in visionary thinking that I hope Gitcoin will consider when recruiting new leaders.

Couple things I suspect we agree on:

  • Centralization is likely appropriate for start ups with strong leadership but w/o PMF
  • The path from centralization to decentralization is a progressive spectrum
  • A decentralized state is still going to take iterations to get right
  • We need more thought leadership (like your post) about possible decentralized forms
  • Even if we are not sure exactly what the end state is, we should deliberately move towards it.

We might not agree on the following:

  • Gitcoin (like most of web3) has a highly centralized decision making structure
  • The current centralization at Gitcoin does not seem to be serving Gitcoin particularly well
  • Gitcoin should take deliberate (and low risk) steps to continue the journey towards decentralization

To that end - here are a couple low risk steps the DAO can take to deliberately move towards decentralization:

  • Articulate a plan to move β€œapproval” away from CSDO & the foundation according to the DACI
  • Reduce individual voting influence (delegation) to no more than 2.5% of a typical vote
  • Default to quadratic voting on snapshot, limit non-QV to exceptions

I suspect larger delegates may not be crazy about these ideas - but as an investor and steward, if I look at ETH/GTC price action, Gitcoin is not winning. And it might be time to do something about it.

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