Over the past decade, most blockchain projects promised decentralization. Few delivered it. Tokens were airdropped, DAOs summoned and somehow founders still hold the keys. This cook- book offers a practical approach and tools to do better.
Drawing on 14 real-world decentralization processes in the blockchain industry, it maps the flavors, recipes, tools and traps of Exit to Community: a strategy to transition governance of a project to the people who give it its value. We cover: transition design recipes, on-chain mechanisms that give community control, legal structures that protect decentralization, bench- marks to measure progress and inspiring real case studies.
For founders ready to let go, communities ready to take over, and for everyone tired of fake flavors of decentralization in the blockchain ecosystem.
A toolkit for blockchain projects to decentralize governance. Written by Tara Merk, Primavera De Filippi, Morshed Mannan and Nathan Schneider. Published by BlockchainGov.