We are honored to announce that Democracy Earth received a USD $228k grant from the Templeton World Charity Foundation in order to continue developing our efforts on Machine Learning resistant Turing Tests that can be used as proofs of identity.
While our societies are living online with communications intermediated by unaccountable algorithms, we are instead designing identity by and for humans, not machines.
As Edward Snowden reminded us last month on Web3 Summit “the vulnerability being exploited is identity”.Because internet giants offer us credentials, we are subjected to their algorithms. In order to counter that, our identity protocol substitutes computation processing with human processing… a.k.a. attention. So we’ll always know who’s in charge: ourselves.
In February, we launched and distributed the $HOUR token on the Ethereum mainnet. We are currently planning in the direction of listing our token through the process of an Initial Exchange Offeringwith reputable exchanges.
We would greatly appreciate your support in connecting us with exchanges that can be a good fit. A warm intro can go a long way!
Hacking the DAO
Our co-Founder Santi Siri had 389 votes in favor – and zero against – his proposal to join MolochDAO 👹! Why this matters? He got in by using selloutdao.com – a bribing contract to join Moloch, written by Mariano Conti during the ETHBerlin hackathon. It purposefully challenged how blockchain governance works.
Moloch is a Decentralized Autonomous Organization focused on funding Ethereum development with over a million dollars in its Guild Bank. It gained traction among key stakeholders – namely the likes of Vitalik Buterin & Joe Lubin – and provides unprecedented agility to funding with a fast voting cycle. The reason why it works so well is a simple, yet powerful, innovation: after a proposal is voted in, there’s a grace period in which members can *rage quit*, and take whatever Ether they have left in the Guild Bank.
This is so far one of the most successful DAO experiments, and has now multiplied into several different organizations including YangDAO – a project to keep an eye on as perhaps one of the first political groups openly using blockchain to support their candidate. As experiments like this become more relevant, testing the boundaries of these technologies and exploiting its attack vectors is the very edge of crypto politics. Or as we like to think about it (in Richard Stallman words): it was some”happy hacking” 😄.
Democracy Earth Around the World 🇱🇰🇯🇵🇦🇷🇺🇸🇨🇦🇧🇷🇫🇷🇳🇴
In April, we implemented the first ever Quadratic Voting election in the United States🇺🇸, for the state of Colorado. This work was a partnership with Glen Weyl and the Radical Exchange movement, who also more recently brought us along Vitalik Buterin to present new technologies & ideas to Canadian parliamentarians.