The following is written by Vlad
Vlad’s Introduction
Below is a short description of the main features / value propositions of the Fractal app. App is based on the experimentation done with Eden and Eden fractal communities.
In one sentence, the app offers on-chain governance tools for Antelope communities. The solution is fully decentralized (front-end IPFS, back-end on-chain, video calls WebRTC).
In the first iteration there are three main value propositions:
- Community building
The app offers a system to facilitate weekly meetings for the whole community. Each week, during the meeting, members are randomly assigned into small groups where they share their recent contributions (work they have done). Strong personal relationships are one of the crucial tenets of well functioning community. There is no better way of building strong relationships than regularly meeting fellow community members. Randomization of members into groups is performed on-chain, and the video calls are facilitated within the app via WebRTC.
- Election of leaders (organizational governance system)
During the weekly meetings community members rank each other based on their contributions. Each member receives RESPECT token depending on how highly his fellow members rank him. Six individuals with highest RESPECT holdings across the last 12 weeks, form the council (more info). Each week the permission structure (msig) of the contract is automatically updated. The accounts of individuals with highest avergage RESPECT form the permission structure of the contract.
From the lens of corporate governance, council resembles the most board of directors.
Councilors are responsible for: a) electing a lead link (CEO) of the community b) approving the budget for the lead link to spend during his term.
Lead link is responsible for: a) creating roles and finding/approving people to fill those roles. b) creating circles (departments) and finding lead links (department leaders) for the circles. c) allocating resources to roles and circles.
There is misconception among common folk that leaders need long terms to reign in order for the organization to receive max. value. In our system lead link has to be re-elected by councilors every 2-3 months. Similarly CEO has to approve all the existing roles every 2-3 months.
Ideally, and as envisioned by the fractally team, the funding within the community should be distributed based on the RESPECT each community member receives. That feature can be implemented in the next iterations of the app, for now we’d rely on more traditional way of distributing the resources. Distributing funding based on RESPECT adds a lot of complexity, so it makes sense to work on it in parallel to the traditional system.
Polling
Within the app any community member can create two different types of polls.
- Sense-making poll. Purpose of that poll type is to receive accurate signal from the community on any subject matter (eg. Do you like the current lead link?). The poll is non-binding and can be used by stakeholders as an assistance in their decision-making.
- Topic poll. That poll type enables community members to prioritize topics for discussion during the weekly meetings. That poll type is binding, meaning that the most popular polls will serve as topics of discussion during the meeting.
Each community members' voting power is determined by his RESPECT holdings.
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