Proposal: Solution to Improve DAO Governance Efficiency

Proposals Brainstorming
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1. Motivation:

I believe NFTX DAO is very serious about the its Governance Process and involving community in making key decisions as evidently by the amount of work has go into this document (XIP#1 - Governance process and Proposal Format - Proposals - NFTX)

I’m a co-founder of Syncvote. I believe our tool can add tangible value to the implementation of NFTX DAO’s governance process without any changes to the current setup. The goal is to let admins and members focus on making decisions instead of getting lost in tech stuff.

I previously raised a discussion on the forum and upgraded our products continuously during the discussion, so I decided to start this thread to make a better presentation on how NFTX DAO can benefit from Syncvote. If this is something interesting, I would like to take this to the next phase.

2. Problem Now:

I see 3 existing problems in implementing NFTX DAO governance process:

  1. The proposer must remember all the technical details of the governance process to avoid making mistakes.
  2. The proposer has to bounce around different platforms, such as Snapshot, Tally, Discourse… for each step of the process.
  3. Any solution that could potentially consolidate everything into one platform for consistency and ease of navigation would require the DAO to abandon its current setup and adopt a new one.

3. How We Solve It:

Syncvote provides a chrome extension. It works as a unified front-end for any DAO member that wants to make a proposal to NFTX DAO. It acts like a central hub, no more bouncing between different platforms. Members can kick off and handle proposals, watch progress, and move through stages – all in one interface.

Why Syncvote will fit nicely into the current NFTX DAO practice:

  1. Non-invasive, there isn’t any new platform to familiarize with, just open the extension and click “start new proposal” to start.

  2. The extension works with all the platforms DAO has been using, so you don’t need to make any changes to your current setup.

  3. It’s free, our goal is to eventually put every DAO to operate completely on-chain, so until NFTX DAO decides to write data on-chain; it won’t cost you anything.

My cofounder’s created this video to illustrate how the plugin works for a DAO: Syncvote Demo

4. Next Steps to Implement:

To implement this transformative solution for NFTX DAO, we propose the following steps:

  1. After the proposal has been passed, I will convert the NFTX Governance Process into a format compatible with Syncvote. An administrator/coreteam member can help me to follow-up and also check its accuracy.
  2. After that, NFTX DAO will start announcing to community members on forum, announcement channels on discord and twitter etc., that they can start using Syncvote extension to make new proposals from then on.

In conclusion, I see this as a straightforward implementation that helps to smooth governance experience for NFTX DAO community members. I would be grateful if NFTX DAO adopts Syncvote.

Thank you for reading my post. I would like to have your feedback on this topic.

Godwin.

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Hello mates,

I would love to have some of your comments on the topic. The proposal aims to make the governance process be something easy for every community member to take part in.
Do you think the governance process now is easy enough for everyone to cast a vote or raise a voice?

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Hey Godwin,

Thanks for your post and details about SyncVote. It looks like a useful tool for bringing together different platforms.

At the moment it’s not something which I think is an issue for NFTX, we start the conversation on Discord, move to the forum, vote on snapshot, and then an Aragon execution vote.

While these are all different platforms, our members are likely familar with each and use to the process. Adding SyncVote, while unifying, will also add another platform users need to become familar with (and use Chrome/add plugin which is usually difficult to get Crypto users to do for security reasons).

Longer term, if multiple platforms are an issue, my preference would be to move the DAO management to a single platform that manages each of the steps. The new Aragon promises this additional capabilities but we’ll see.

1 Like
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Hey @javery , that is very thoughtful feedback. I really appreciate that.

I hope that in short future we could find a way for Syncvote to help NFTX operating more efficiently.

In the meantime, we are developing more on Syncvote, to expand the scope to not limit on governance but other DAO’s operation.