Voting System with Shares that can be used to Pay

[David Bovill]

We've been working on a similar scheme - used to be called the Viral
Academy - now the Decentralised Academy. It is not the same method, and
uses a softer time based currency that we are calling the Promise Fund -
but we'd love / be happy to work with a group and experiment with different
methodologies?

On 21 November 2015 at 02:16, Alexander Praetorius <citizen at serapath.de>
wrote:

> Hey everyone,
> Hi Michael,
> Hi Thomas,
> Hi Ed,
> Hi Pietro,
> Hi Alex,
> Hi Thomas,
>
> with some friends of mine, we try to create ad "coding school for kids".
> We are half a dozen people and we didn't want to have a boss, so we came up
> with a system how to manage the "company" (which we call network).
> So we started with everyone having the same amount of Points (which are
> shares) and determine how much money everyone gets if there is revenue -
> it's distributed based on the shares you currently have. (We call them
> Points - Reputation Points)
>
> Everything we do is based on a web platform were everyone can create TASKS
> and attach a "price" in points to it, then others can vote on the task
> which the "executors" earn when they finish the task.
>
> Everyone who voted with less than the "median guy" on tasks will pay a
> penalty into a pool which is evenly distributed to everyone.
>
> *What do you think of this system?*
>
> For details, check out:
> 1. https://titanpad.com/8BkF7VANGG
> 2. https://www.ethercalc.org/rnk82r04zm (this link contains some scenario
> calculations)
>
> *It feels to be very scalable and we couldn't figure out a way how to "game
> the system".*
>
>
>
>
> --
> *DISCLAIMER:*
>
>
> *Everything I have written above is my personal experience/opinion on
> things, no matter what kinds of words i did use(e.g. "always", "never",
> "impossible", "waste of time", ....).*
>
> *Such extreme words only do indicate, that my experience/opinion on
> something is very strong and i currently cannot imagine that there are
> other possibilities until new arguments/insights/whatever open my eyes that
> there are alternative perspectives too :-)Please do not feel discouraged to
> challenge my opinion if you have a different one.*
>
> *Best Regards / Mit freundlichen Grüßen*
> ***********************************************
> Alexander Praetorius
> *[mail] *citizen at serapath.de <alexander.praetorius at serapath.de>
> *[twitter] *http://twitter.com/serapath
> *[github] *http://github.com/serapath
> ***********************************************
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