What is the social/econimic/environmental challenge we want to solve?
- Legacy voting system relies on trusted authority
- Possibility to entrust one's vote to others with tokens (Liquid Democracy)
- Simplify petition process
What is our approach to the solution?
- Create verifiable, secret, integrated, resistent voting system on (ethereum) blockchain (decentralized trust)
- (de-binarize/quantify voting system)
- Tokenization of voting rights per voting
- Forward permission to use one's voting token
- Automated creation of voting for successful petitions
- Incentivize people to vote with value backed Tokens (earn money through voting)
What is the outcome for the society?
- More efficient democracy
- Raise trust in political system
- Possibility for trusted democracy on all societal levels -> disruption
What changes as compared to the status quo?
- Possibility to:
- revote
- forward vote
- hand in votes securely from anywhere
- decentralization
Where could we identify potential negative outcomes?
- Rise of vote market
- Need for internet access
- Secure storing of private key
Which questions remain to be solved?
- Incentivize voted (person) to hold promises
- elected token