Topic: Canonizer Canonizer

Camp: Agreement / Inclusive Quadratic Shares

Camp Statement History

Objected
Live
In Review
Old
Statement :

Inclusive Quadratic Shares


  • Inclusive Quadratic Shares = sqrt(maximum(1, shares))
We want anyone to have at least one vote, even if they don’t have any of these recognition shares. People with more shares deserve more of a say, but only to a degree. We don’t want ‘whale’ share owners to control things. To this end, we take the square root of shares.

Canonizer recognition shares are openly tracked in the Master Canonizer Share Sheet. People are recognized with 1 share by either donating one hour, or contributing $100, or some combination of the two (paid $40 for 1 hour results in $40 + 0.60 shares).

These shares are only seen as “recognition” for work done and there is no legally binding authority for any of this nor any quid-pro-quo. This system may change at any time.

Edit summary :
Submitted on :
Submitter Nick Name : Brent_Allsop
Go live Time :
Statement :

Inclusive Quadratic Shares


  • Inclusive Quadratic Shares = sqrt(maximum(1, shares))
We want anyone to have at least one vote, even if they don’t have any of these recognition shares. People with more shares deserve more of a say, but only to a degree. We don’t want ‘whale’ share owners to control things. To this end, we take the square root of shares.

Canonizer recognition shares are openly tracked in the Master Canonizer Share Sheet. People are recognized with 1 share by either donating one hour, or contributing $100, or some combination of the two (paid $40 for 1 hour $40 + 0.60 shares).

These shares are only seen as “recognition” for work done and there is no legally binding authority for any of this nor any quid-pro-quo. This system may change at any time.

Edit summary :
Submitted on :
Submitter Nick Name : Brent_Allsop
Go live Time :
Statement :
We want everyone to have some say in how the Canonizer Canonizer works. So one vote per "supporter" will be given. In addition to this we want those responsible and contributing to have additional say. So in addition to the above, it is proposed that 1 vote also be given to each share of Canonizer LLC earned.
But we also want to pull in venture capitalists, and large company participation, in exchange for open source contributions. Someone like this could easily take over control of the Canonizer and we in no way want anything like this. So when a possibility like this emerges, we believe some kind of correction factor should be added to compensate, giving diminishing returns to any entity gaining too much support.

Edit summary : Add disclaimer about getting too much control
Submitted on :
Submitter Nick Name : Brent_Allsop
Go live Time :
Statement : We want everyone to have some say in how the Canonizer Canonizer works. So one vote per 'supporter' will be given. In addition to this we want those responsible and contributing to have additional say. So in addition to the above, it is proposed that 1 vote also be given to each share of Canonizer LLC earned.

Edit summary : First Version
Submitted on :
Submitter Nick Name : Brent_Allsop
Go live Time :