Why are Governance Tokens Interesting and Important?

Many projects are exploring this direction and we'll likely see a whole class of these assets being launched over the next several years, including protocols that serve the same basic function (stablecoins, marketplaces, lending, options, etc. page .

Interested members of the community can weigh in and hopefully solve the problem or change the relevant parameter.

In FedWiki open-source governance, strong community members, e.g. David, influence maintainers' through propagation attention.


In commercial software the mighty dollar attracts attention. Early-stage follows the dollar, later stage Product Management tries to validate new features, to avoid side-effects,

A good example here is Wikipedia and how it has largely avoided the fake news problem, through community-run curation, and beat out more traditional encyclopedias in scope and accuracy.

Aaron Wright (@awrigh01) Professor at Cardozo Law (@CardozoLaw) co-founder @OpenLawOfficial. Wrote thread: Why are governance tokens interesting and important? page