A new proposal suggests a novel approach to creator coins by leveraging a decentralized autonomous organization (DAO) model inspired by Protocol Guild. The concept involves forming a non-token-based DAO where members can anonymously vote on new entrants, focusing on specific content types and styles. This structure aims to foster a high-quality intellectual environment by hand-picking initial members to align with desired content styles.
The proposal also introduces a mechanism where creators can issue their own coins, which are partially burned upon joining a creator DAO. This system is designed to shift the focus from speculative trading to identifying promising creators, with the ultimate decision-making power resting with high-value content creators. The model seeks to address the challenge of surfacing quality content in the crypto space, contrasting with previous attempts that often elevated individuals based on social status rather than content quality.
Proposed DAO Model Aims to Enhance Creator Coin Ecosystem
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