We are looking for systems that enable one person- one vote methods that can’t get dominated by whales buying up all the tokens. An initial idea around this:
Proof of humanity and other similar tech (BrightID, Idena) enable a wallet address to be tied to a singular person. Gating the purchase of an NFT through one of these proof of humanity techs (token or ID has to be entered) can enable only one person to only be able to buy one NFT. The NFT contract can be similar to Unlock Protocol or one that is non-transferable (cannot be sold).
One of the reasons governance rights get distributed is through the selling of them, which enables DAOs to initially get off the ground. Investors are looking to get paid back for the money they spent. Larger investments are often thought to have bigger rewards. To pay back for investment, these NFTs can have profit sharing tokens sent to them- through superfluid. Profit sharing tokens share the revenue that the organization is creating to the holders of the NFT. Based on the size of the investment the bigger the stream. These profit sharing tokens can be used for conviction voting or other voting techniques that require the person to stake tokens.
The particular organization that I am creating is about funding regenerative actions (ie. ecosystem regeneration) and measuring and verifying that the actions have occurred. Best practices for regenerating ecosystems differ by location. Based upon this localized knowledge, those with that knowledge- ie. those living closer to the area being regenerated should have a higher vote weighting. Location of the NFT holder could be coded into the NFT when the NFT is bought. Though the NFT holder will likely move in their life. When they do so the location embedded into the NFT should change. So to ensure that NFT holders don’t change location to get higher voting on a proposal. The location change for the NFT holder should last longer than the time of relevant proposals to be passed (maybe like a year).
Allowing investors to buy NFTs that have governance rights might mean that none of these investors actually govern (vote) on DAO matters. One possible way to discourage this behavior could be to burn the NFT if the holder is inactive in voting.
Looking forward to ideating further on this subject.