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Decentralizing Fingerprints (part 2)
Clearing a few questions and introducing working groups
I received some feedback on the first post on Decentralizing Fingerprints, so before advancing I think it may be useful to clear a few questions it raised.
The most controversial part was this one:
My personal objective is to render myself dispensable to the DAO in the next few months. I believe this should also be the objective of other members who are currently key supporters of the main DAO activities. That doesn’t mean that I or any other key member should abandon the DAO, quite the contrary.
This only means that the DAO should be able to stand on its own — and in turn, I believe this will make the token holder position more valuable — and hence, PRINTS more valuable. Being less dependent on single individuals will transform our organization into an institution that can truly outlive any single person.
By having this goal, my personal objectives — and those of every team member who I believe should be granted a PRINTS holding proportional to their importance thus far — are better aligned with every other PRINTS tokenholder.
Some people interpreted this as a message that the current team working at Fingerprints should be abandoning the DAO (despite the highlighted sentence clearly stating this was not the goal).
What I’m actually proposing is that we change the way Fingerprints organizes and makes decisions to shift the power and responsibility to the token holders, who will be confirming (or not) the decisions that the current team is making.
Part of this effort has already started. We have been learning quite a lot from larger DAO’s like Maker and Yearn. DAO member adrianleb pointed to this path as an alternative and was kind enough to help core team member Lucas to write a proposal to change the way Fingerprints is organized.
Fingerprints started decentralized and mostly disorganized. After growing dissatisfaction, we made it centralized and (somewhat) organized. The next step is making it decentralized and (mostly) organized.
The biggest change is to make Fingerprints activities to happen in working groups. Working groups (and not a monolithic core team) become the basic unit of organization for the DAO.
Any member can propose a working group. The working group framework grants more freedom and flexibility for working members to self-organize, improving the competitiveness of Fingerprints when seeking to attract and retain talent and reducing the frequency of DAO-wide voting for daily expenses and other work-related affairs. It’s a more scalable approach than the current one.
In the end it’s a simpler, more decentralized and more flexible organizational design, tested by other DAOs like Yearn (yTeams) and Maker (Core Units).
Key members will still be part of this new design. If anything, they will have more autonomy, less dependent of me as the decision-maker. However, their autonomy will being very explicitly determined by the $PRINTS token holders themselves. Not more, not less.
As I noted before, anyone can now come and suggest edits to the proposals on our forum. Read the working group proposal and add your suggestions.