This post considers the funding of blockchain projects through treasuries owned and operated by stakeholders. Specifically, it re-visits the Dash Treasury DAO and its support services, and considers what Decred can learn from this example ahead of the upcoming launch of Politeia. It also sets out some broad differences between the approaches of Dash and Decred, and considers how autonomous funding fits with commons based peer production.
How are cryptocurrency projects funded?
This article gives my perspective on the governance of blockchains and cryptocurrencies. I didn’t take much interest in the blockchain space until summer of 2017, when the Bitcoin Cash fork and the underlying reasons for it caught my attention. I started looking into this and discovered an interest in how these decentralized networks/projects/currencies make decisions about how they should evolve. On the one hand these are (mostly) open source software projects, but on the other hand the software is being used to run networks that hold hundreds of millions of dollars in value.