The Rise of DAOs in Politics: Can They Improve Democracy?
Exploring the Possibilities of Decentralization in Political Systems with Jane Adams.
Gm Good Contributors! 👋
In this article, I will take a closer look at the current state of DAOs in the world of politics, and speak with Jane Adams, a US politician who is fighting for a fairer and more decentralized world.
Join me on this epic journey as I explore the possibilities of a new dawn of political systems, where politicians become contributors and decentralization becomes the norm.
Can DAOs improve democracy?
The short answer? Yes.
DAOs have the potential to bring much-needed transparency and accountability to electoral processes, reduce corruption, and enable more efficient resource allocation.
BitDAO and Lobby3 DAO are examples of DAOs in action, while blockchain-powered political parties or DePas can enable true democracy at all levels of governance.
Tools such as Democracy Earth, DAOstack, Decidim and GnosisDAO are being developed to create open-source tools for citizens to participate in decision-making and develop governance frameworks.
The technology behind this DAOs has the potential to improve the democracy of countries through:
secure and transparent voting
decentralized governance
immutable records
streamlined bureaucratic processes
improved citizen engagement.
Blockchain may not be the ultimate remedy for faltering democracies, but it can undoubtedly serve as a valuable instrument.
Despite the significant potential of DAOs, low voter turnout remains a recurring problem that hinders their effectiveness. In fact, this trend is not unique to DAOs, as global voter participation has been steadily declining since the 1960s.
So today given the current situation, we must look for politicians like Jane Adams, defender of people's cryptographic rights.
From Pharaons to e-voting
In the coming years, it may be beneficial to shift our perspective from only valuing citizens to also recognizing as a Good Contributors to a country's growth and development.
We are the descendants of mighty pharaohs and noble monarchs, who once ruled with an iron fist, denying the common man the right to vote. If one had dared to proclaim that every citizen shall wield the power to elect their own leaders, they would have been deemed insane.
Alas, my heart doth sink with pessimism at times, for I fear that the world draws near an age where freedom shall dwindle.
But lo, upon retrospection, we observe a significant increase in our participation in politics, and perchance, the wondrous technology of blockchain shall pave the way for a truly democratic society, where all shall have equal control over their destiny.
Just imagine having the ability to view your country's government treasury in real-time. 🤯
Read 📚
The article "Why the future is democratic" argues that culture is an important factor in the difference between autocracy and democracy, and that the belonging of countries to cultural zones explains 70% of the total transnational variation between both political regimes.
https://www.journalofdemocracy.org/articles/why-the-future-is-democratic/#f15-text
Listen 🎧
Mike Alonso discusses the potential for a decentralized and more transparent government in the digital age, pledging his allegiance to the blockchain. He is a co-founder of Pactum.io, a no-code blockchain solutions platform, and a former Acquisitions Officer in the nuclear weapons field.
What I was doing? 🙄
These are just a few of the tasks I accomplished this week. I also had some meetings and worked on my course for newcomers to DAOs. As usual, I like to provide a summary to help me clarify my thoughts and gain a better perspective on the information I receive. Step by step:
✅Interviewing a true OG like Matty was an honor for me!
✅And not only Matty, but also slimesunday, one of the most successful NFT artists in the world!
✅I met with Giveth at Meta-Charlas, a project that seeks to revolutionize the world of donations.
✅I published an article about Checks VV, the trending collection lately.
✅I also wrote an article for Krause House about the NBA All Star Tech Summit and its cutting-edge sports technology.
✅Additionally, I wrote an article for Unlockd about their partnership with Project Prodigy.
✅Lastly, I continued to explore the Metaverse with my community, Anti Secret Society.