Faterium — Universal Voting Platform

Power of Voting: Why does the world need a Universal Voting Platform?

In today’s digital world, people can influence many things through their social networks and online activities (some can argue but that’s a topic for another article). Sometimes people can influence only what they control, sometimes creators ask their community and delegate decisions to followers, sometimes companies create private/public opinion polls to understand what their target audience wants, etc. But what if I ask you a simple question — what specific tool or service do they all use? Twitter polls? Or Facebook? Or Google Forms? But how to understand who is really interested in making the product better? Or how even people can spot or find important opinion polls that can impact products they use every day?

The answer is not that simple. At least 20 years ago — it could be, but not today. Today, people consume hundreds or thousands of goods: food or items that can suddenly change for worse; entertainment that can put stuff that almost nobody is interested in; or new iPhones that keep the Lightning Cable, when all other devices use USB-C. Some companies have feedback forms, or sometimes it’s possible to sign a petition in the hope that it will have an impact. But if I ask you — where you will go if you want to change, or at least know about important coming changes in some of the goods you use every day? Social networks? Website or email? A hard question… right?

Why didn’t we build yet a Universal Service that can help both creators and consumers of all kinds?

Required features of the Universal Voting Platform

We think that the Universal Voting Platform to take place and be competitive with other solutions should be designed to address all problems and use cases of one big specific question — Decision-Making (like voting, DAO systems, opinion polls, elections, etc.). We see several required traits:

1. It should be simple and easy to use for both consumers and creators.
2. The platform should be more efficient, flexible, and secure than all other voting systems.
3. The platform should be designed to be highly customizable, allowing users to tailor the platform to their needs (this includes the ability to customize the rules and regulations of the community, as well as the voting process itself).
4. It should be easy to integrate existing third-party services or own solutions to cover all kinds of use cases.

Faterium Pre-Alpha Release Announcement

Now we are excited to announce the launch of the pre-alpha version of the Universal Voting Platform called Faterium! The pre-alpha version is a very limited demo version of the platform and allows users to experience only one kind of poll. This version is designed as a Proof of Concept, we don’t expect many users to test the platform as we are working on Version 1.

The pre-alpha version of the platform includes the ability to create our new kind of polls, create communities, create assets, create user profiles, and securely store votes on the blockchain. Additionally, users can customize the voting process, such as setting the voting duration, allowing or disallowing multiple votes, and setting the eligibility asset for voting.

Crowdfunding Polls - Innovative Way to Engage Communities and Raise Money for a Project or Idea

We have found a solution that can give creators new opportunities to monetize their new ideas and directly involve their community in the creation process through voting with valuable rewards — we called them Fateful Polls (or Crowdfunding Polls).

Fateful Polls are an innovative way to engage communities and raise money for a project or idea. This is done by allowing users to create a poll on the universal voting platform that allows them to share their project or idea with the community and invite them to vote with a donation. If one of the poll options reaches a certain amount of stake, then the project or idea is funded and the money is transferred to the creator — if not, all stakers receive their funds back.

This is a great way for individuals and creators to engage their communities, as it allows them to gauge the interest of the community in a project or idea and raise money for it if it is approved. Additionally, crowdfunding polls are a secure and transparent way to raise money, as the votes are stored on the blockchain and are encrypted, making it impossible to tamper with the results.

How to use the Pre-Alpha version of Faterium

The current version of the platform is more like a very cropped blockchain-specific Proof of Concept solution but you already can try it on our website.

Just navigate to the website and you will able to create custom communities, substrate assets, profiles, or polls. Feel free to play with it and write your feedback.

Our next step will be a fully-featured Version 1 Platform that can also be used for regular voting, DAOs, and in the future for crowdfunding.

Conclusion

In conclusion, the Universal Voting Platform can become an innovative way to facilitate decision-making. But we have to solve a lot of challenges to make the platform standard.

If you are interested in learning more about our team and our solutions, or you are eager to invest — then we encourage you to write us through contacts on our website.

Thank you for your attention, and good luck!