Incentive tool for sustainable decentralized organizations — KYODO
The project KYODO is developed by Decent.Fund as a part of Blockternship hackathon. We BUIDL KYODO to manage Decent.Fund. Special thanks to Igor Line for the crazy coding and romochka for the coolest design.
The Internet is the main source for job seekers. More than that a lot of advanced specialists choose maximum freedom and prefer to be a part of decentralized organization. The switching between two different worlds may confuse new DAO members, they may feel a lack of regulations because of fluid nature of DAO. It’s sometimes hard to be engaged in a workflow with the community which ideologically close but totally distant physically.
KYODO aims to facilitate the entry to on-chain world for everybody who is interested in the new form of economy based on the blockchain. Unlike regular freelance services, blockchain-based platform KYODO provides trust between unknown members without any controlling units, eases a workflow, distributes revenue and inspires for new quests.
KYODO is the tool for building DAO — decentralized community with common goals. The optional set of domains includes the activities that lead to goal completing. The unique incentives model of KYODO motivates distant members to act more efficiently.
KYODO is the cross-platform incentive tool to build the crypto economy for DAO based on Impression revenue model.
The workflow goes through Riot which serves as the interface to the database for generating tasks for KYODO. These tasks could be instantly evaluated and tipped (paid) by other members of the community. We call it Impression revenue model. We believe that instant reaction to a work performed and the instant revenue motivate members and engage them deeper into the workflow.
Though KYODO tipping model initially came from Giveth bot for Riot but KYODO keeps the data on the blockchain. The tipping data and tasks are collected in KYODO backend (IPFS) during the period, then recorded to the blockchain once in a period — all of these reducing the transaction costs.
KYODO connects Colony platform with Riot, and also uses Aragon as a basis for as a core element for governance.
KYODO is planning to be used on different communication platforms, Jitsi for example. Imaging tipping Griff Green during a community call.
We BUIDL KYODO to manage Decent.Fund
Decent.Fund
Decent.Fund mission is to contribute to the mass adoption of the decentralized solutions, making the concepts of the new crypto economy closer to unchain world. According to the mission Decent.Fund focuses on the following types of activities which are divided between domains*:
- DEV domain (UI/UX design, programming, digital marketing)
- EDU domain (research, articles, infographics, meetups, hackathons, social activity)
- FUND management domain (smart investment, crypto asset management)
- GOV domain (strategy)
As the org structure Decent.fund is defined as Adhocracy — the liquid structure that has an adaptive, creative and flexible integrative behavior based on non-permanence and spontaneity.
Decent.Fund uses DF token that serves as payment for tasks and as the medium of exchange . The DF token is tied to assets’ value of the fund of the community.
Every community that is built on KYODO can issue its own token and give it whatever name. Also the set of domain is optional, and can be created accordingly to professional interests of a community.
KYODO / Decent.Fund workflow
Domains
Every period GOV members define which domain is more important and according to this fund distributes tokens to domains.
The domains’ funding comes from the community fund, generated by the previous members’ activity. All the domains receive their share in DF token which is bonded with Decent.fund crypto assets portfolio. Members of each domain spend DF tokens as tips for completed tasks.
Task payment
There are two task models in KYODO:
- Task setting. Every member of a specific domain can set a task by staking DF tokens. A member defines a pot of the task that each member of a domain could apply for and get the pot for the completed task.
2. Impression revenue model.
When a task was completed voluntarily and after posting it was tipped multiple times by the other members.
E.g. Imaging you get obsessed with a new blockchain protocol with the highest velocity and lowest transactions costs. You want that everybody knows it. You do the research; you write an article; you post a link to EDU domain in Riot; you get tipped.
In the end of a period, a member should verify the tips she paid if she doesn’t agree she opens a dispute with a button “Disagree”. A dispute goes to the GOV domain for further voting.
Governance in KYODO
Inspired by discourse that Xavi Vives opened on Meritocracy definition we decided to use Axiarchy term Xavi Vives also proposed. Meritocracy makes specific reference to “power” while Axiarchy refers to government.
Axía “value, merit”, from Greek αξία, and -archy, from Ancient Greek -αρχίᾱarkhíā “rule, government”
Governance domain is built on Aragon platform.
The merit in KYODO is the value in decision making defined by: skills, experience, dedication, intention and more. In KYODO we are thinking of using NFT token to represent Merit. GOV domain is the one that distribute the Merit. Only members with the merit can participate in the GOV domain. One member has only one Merit meaning one member has only one vote. The decision making in Gov domain’s goes through the voting on Aragon platform.
Feel free to join our Riot and find a channel which is relevant to you.
Opened issue
The tip’s size. Remains unclear how to estimate the amount of tips for a task.Which metrics we have to consider rewording someone for action. Please, share your thoughts and leave a comment under this article. 🙏🏿
Credits
coauthor Igor Line
cover picture by Alina Loseva
edited by Masha Pipenko
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