Feeed.cc democratic upvote system

Feeed.cc is going to build a decentralized and democratic organization that exists solely on the blockchain.

Feeed
Feeed
Aug 23, 2017 · 1 min read

The way this particular democracy works is that it has an Owner which works like an administrator, CEO or a President. The Owner can add (or remove) voting members to the organization. Any member can make a proposal, which is in the form of an ethereum transaction to either send ether or execute some contract, and other members can vote in support or against the proposal. Once a predetermined amount of time and a certain number of members has voted, the proposal can be executed: the contract counts the votes and if there are enough votes it will execute the given transaction.

This applies to the Feeed project, startups owners make a proposal of they’re project. Other member can vote and support or against the proposal. And the transaction execution is triggering an investment.

source: https://ethereum.org/dao

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Feeed cryptocurency, fair way to crowdfund on startups, fair way to mine money! Telegram chat: https://t.me/feeedcc

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