Event Horizon Pilot Launch: Empowerment through Voter NFTs

Join us in defining the future of digital governance.

Jordan Karstadt
Event Horizon
3 min readJul 12, 2023

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Mint Your Voter Pass Here: EventHorizon.vote/mint

For the first time, Event Horizon is offering retail communities an unprecedented opportunity to partake in true digital governance. Our free-to-mint Voter Passes grant you the power to vote on how the entire Event Horizon voting block will be used when voting in other DAOs from across the space. We utilize Event Horizon’s novel implicit delegation model (detailed: here) to deliver up to 1000x vote multiples for retail voters.

As this is a free, public voter block, we will charge no additional price for the passes beyond the network gas fee (~$5). All we request is that you provide your feedback (good, bad, or neutral) and partake in our community discussions.

The precise DAOs that will form the governance reserve during this pilot will be announced shortly. If you’re just discovering Event Horizon, feel free to learn more: here.

Strategic Partnerships: Service Partners and Yield Protocols:

We’re thrilled to announce we have established several service partnerships for our pilot. Each partner will be announced as we approach the launch. One partner will stake ~300 Ethereum into Event Horizon.

Event Horizon will then, through collaboration with our yield protocol partners, generate additional Ethereum from the initial contribution. The resulting ETH generated will be exchanged for DAO governance tokens and accrue within the Event Horizon governance reserve to be utilized by you, the community. In addition, Event Horizon will seed the governance reserve with a starting allotment of ETH for the community to mobilize immediately.

Do note that while the community will participate in how the governance reserve is used in various proposals across the broader ecosystem, the free-mint voter passes do not hold monetary value or ownership of reserve assets. Also note, that the voter passes are soul-bound, non-transferable tokens.

Vote Multiple

The governance reserve is projected to hold ~20 ETH worth of governance footprint on day 1 and will grow as more ETH is accrued. This amounts to a sizeable pool of publicly accessible voting authority allowing the retail audience to be a meaningful unified voice in governance effective immediately.

Through implicit delegation, those who participate actively will wield the greatest degree of influence. Assuming 50 of 500 total voter pass holders participate, each of those who do participate would effectively control an $800 authority footprint within the represented DAO. Assuming a gas cost of roughly $5 to mint, this translates to a 160x vote multiple, enabling substantial impact.

Evolution of the Voter Pass

The voter passes will only have governance rights for the duration of the pilot and will not be the primary method of governance forever. We are exploring more scalable and economically viable options for governance authority distribution come the final protocol launch.

However, we deeply value the early adopters who joined us during this formative period. Your support in these early days will not quickly be forgotten. Your soul-bound pass will continue to shine as a badge of early adoption, a testament to your pioneering spirit in the story of Event Horizon’s evolution.

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Jordan Karstadt
Event Horizon

Founder, Event Horizon // HVAX DAO — NYU Stern | expanding enfranchisement through novel economic models