[WFC] KSM #540 - Please read https://a16zcrypto.com/posts/article/end-foundation-era-crypto/
active
Description

https://kusama.subsquare.io/referenda/540

  • Foundations focus on network value but may lack clear goals.
  • Without profit motives, foundations can have weak accountability.
  • Spending others' money without oversight often leads to poor results.
  • Companies might be a better structure for alignment.
  • A new proposal links tokens to company equity for better incentives.
  • Tokens could represent legal rights in a public company.
  • The goal is to create enforceable rules for token holders.
Appendants
1
#1
9d ago

🟢 0 • 🔴 6 • ⚪️ 1
6-member quorum not met.
Vote #1: NAY
10 available members.
No CoI reported. DV delegation exercised.
https://kusama.subscan.io/extrinsic/28886623-2
https://kusama.subsquare.io/referenda/540#1

Cast your votesingle

Votes·10

1ZSP...vx6w
1ZSP...vx6w
1ZSPR3zNg5Po3obkhXTPR95DepNBzBZ3CyomHXGHK9Uvx6w
Abstain
# 3
Thanks for the article, but I'm not sure what this ref is about. It would be great for the proposer to explain his or her thoughts on how this applies to Polkadot / PCF / W3F in a forum post (if not already)
1xzc...1bX6
1xzc...1bX6
1xzcLSwo7xBFkJYZiL4EHaqFpuPTkH641E3V43W4cuk1bX6
Nay
# 2
not a real ref
13ED...KQbF
13ED...KQbF
13EDmaUe89xXocPppFmuoAZaCsckaJy3deAyVyiykk1zKQbF
Nay
# 2
14Gn...YLEh
14Gn...YLEh
14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh
Nay
# 2
I am not very sure that this is a real ref..
12s6...nE8h
12s6...nE8h
12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h
Nay
# 2
Proper explanation of the proposal is missing.
12Kt...DCoJ
12Kt...DCoJ
12KtA8mtfsK1CyQb4utLiwG3ao22z77w2cM2GqnaL2RiDCoJ
Nay
# 2
interesting read tho
14gM...deVb
14gM...deVb
14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb
Nay
# 2
Can not understand this proposal.
15fT...yBzL
15fT...yBzL
15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL
Abstain
# 3
12Hi...E9N3
12Hi...E9N3
12His7t3EJ38tjdBbivUzWQeaNCLKfMqtKp1Ed3xHMyCE9N3
Abstain
# 3
what?
167Y...TY9F
167Y...TY9F
167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F
Nay
# 2
Things need to be a little more clear!

Discussions·0

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Information
Snapshot
Members
11
Timestamp
Created
Jun 18 2025 05:20
Start date
Jun 18 2025 00:00
End date
Aug 17 2025 00:00
Results
Voters
10
one-person-one-vote
Aye
0 VOTE
 
Nay
7 VOTE
 
Abstain
3 VOTE
 
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