Introduction:
Innovations in the digital domain are increasingly shaping the daily processes and interactions of individuals, educational institutions, companies, and governmental organizations. However, the theoretical frameworks of governance that are being employed concerning these have not advanced at the same pace, and fall behind in terms of regulating new technologies and their societal impact. Blockchain is one of these new technologies and is widely seen as a “swiss multi-tool” that can provide solutions for many emergent problem areas such as digital identity, data ownership, privacy, and even future decentralized decision-making.
Very few projects have come to terms with this reality and reBaked is at the forefront with relatively unique and workable models to secure the interests of all Community members. Both Communities and Enterprises of course. Below are highlighted governing principles of reBaked program:
GOVERNING PRINCIPLES:
1. THE OWNERSHIP Model (as a reward system):
We believe the future of successful community projects will be fueled by incentivizing all participating stakeholders. By offering equity to all participants, we can harness the creative energy and determination of crowds.
2. DAOs (as a project vehicle):
The most cost-effective and fair business model ever conceived. DAOs have only a single purpose: protecting the interest of the business itself. Essentially, DAOs incorporate governance and decision-making rules through computer software and operate autonomously, without the need for a central authority.
3. COLLECTIVE FUNDING(as a funding mechanism):
We believe in the idea of true fair launch. What does this mean? It’s a way of funding projects by involving all stakeholders and building communities that work towards a common purpose. We reward early risk takers, but we do so without relying on the infamous premining system.
ReBaked’s value-driven system of collaboration and governance allows anyone, anywhere, to effectively cooperate and build fast-moving 3.0 infrastructure & products. reBaked takes a unique approach to crowdsource and open innovation. Unlike pure contest plays, the reBaked system allows collaborators to negotiate a guaranteed minimum payment in exchange for convertible tokens from promising Web 3.0 Projects.
We ❤️ Creative People +Startups
Got an idea? Build it with the support of reBaked — Reach out today:
