a16z suggests Machiavelli to fix decentralized governance

According to Jennings, Machiavellis viewpoint has a pragmatic understanding of struggles of social power, which are comparable to those experienced by crypto procedures and their decentralized self-governing organizations (DAOs).” Further, the 2nd principle notes that its vital for DAOs to counterbalance power amongst leadership classes, leaving emerging leaders exposed to open opposition. He recommends DAOs run with a bicameral governance layer, just as in the U.S. Congress, which is divided into the House of Representatives and the Senate.Using non-token based ballot systems, like evidence of personhood, does not assist DAOs fight autocracy, recommends Jennings. In the 4th principle, Jennings suggests DAOs to adopt lockup mechanisms for holders participating in stakeholder councils.

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According to Jennings, Machiavellis viewpoint has a practical understanding of struggles of social power, which are similar to those experienced by crypto protocols and their decentralized self-governing companies (DAOs).” Further, the second principle notes that its crucial for DAOs to counterbalance power among management classes, leaving emerging leaders exposed to open opposition. He suggests DAOs run with a bicameral governance layer, simply as in the U.S. Congress, which is divided into the House of Representatives and the Senate.Using non-token based ballot systems, like proof of personhood, does not assist DAOs combat autocracy, suggests Jennings.