EDGEWARE

BRICKBLOCK
September 5, 2019
ZENITH DAKHLA
September 5, 2019

Edgeware It's a protocol purpose-built for experimentation with formal e-governance, meaning that the evolution of the network will depend on the community members and stakeholders. It's getting launched with a very innovative token distribution mechanism, called lockdrop which means that anyone can participate by locking ETH. The participants get EDG tokens which give them staking and voting rights on the new protocol.

The idea is to bootstrap “a test-net with incentives”. Network participants are able to vote, delegate, and fund each other to improve the network in a number of areas — scalability, governance, developer experience, and more. Other projects can learn and borrow from Edgeware’s functional governance processes.

Over the long term, the evolution of the network will depend on the community members and stakeholders. To make that easier, future improvements to Edgeware will ensure that creating DAOs (Decentralized Autonomous Organizations) on the Edgeware network will be easy and practically free. It will be possible for DAOs to use a variety of decision-making processes: 1-person-1-vote, quadratic voting, futarchy, and so on. The goal is for Edgeware to be the foundation for experiments with many different governance systems in parallel. If a new voting scheme or participation model develops a successful track record, other DAOs can choose to adopt it.


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