Our goal is to create a self-governing democratic system for decision making using cutting edge technology (blockchain, AI).
Token economics embodied in this system gives value for contributors, voters and token holders, creating an alternative to outdated decision systems like governmental or top-down organizations.
It's a relatively new form of democracy, combining benefits of high influence of members found in direct democracy and efficiency of representative democracy. Specialist based delegation structure can help lower populism and boost involvement of participants.
Gathering insights from people of different backgrounds can give best results in decision-making, problem-solving, and innovating as an effect cognitive diversity has proven to systematically lower the collective error.
Liquid democracy, a form of voluntary direct democracy, was first introduced by Lewis Carrol in 1884. It allows voters to have a voice in all decisions or delegate their voting power to someone else. It has a fluid and divisible voting power and creates ground for meritocratic governance.
Empirical studies suggest that a diverse community in liquid democracy can make better decisions even with imperfect expert selection. The number of delegates and votes per delegate are crucial variables in a liquid democracy model. Cryptopolis governance system addresses these questions by allowing users to propose initiatives, which are reviewed and categorized by moderators.
Deliberation is a key aspect of quality democratic governance and Cryptopolis has discussion forums for each proposal with ratings determining the weight of comments. Inappropriate comments can be flagged for review by human moderators.
In a community driven system like DAO (Decentralized Autonomous Organization), everyone has influence on the outcome, they benefit from low-cost decision-making infrastructure and aligning goals with members, who are motivated by incentives and the value of the organization. In contrast, Top-down structures are often based on competition, which takes a lot of resources like time or money.
The aim of the project is to create an organization that can give value and benefit to a globally interconnected world. In our ultimate goal - to humanity in general.
A DAO operates under rules encoded in blockchain-based algorithms. It facilitates incentive and reputational systems to promote member contributions while mitigating organizational risks. Decisions within a DAO are decentralized, made collectively by participating members and reinforced through tokenomics. Operational tasks are typically managed by specialized teams delegated by the user community, facilitated by smart contracts that securely record digital interactions on a blockchain ledger. While DAOs may function autonomously, governed entirely by computer code, in practice, they evolve through member-driven alterations to the organization's code via voting on proposals. Governance tokens held by members determine voting power, with contributions rewarded accordingly, fostering both individual and collective benefits.
The Cryptopolis network is integrated with the Pangea token. It is designed to be governed by the DAO organization, which can shape the properties of the token as well as the investment strategy for the treasury system, where the transaction fees will be collected.
The token has a fixed supply strictly limited to 21 000 000 units, it can be used as a payment method within and outside of the network.
Co-owners of cryptocurrency through DAO can establish real-world organizations that can create profit that partly goes back to the community. These organizations can acquire assets such as land, gold, stocks, or other cryptocurrencies, backing the value of Pangea. Decentralized and diversified organizations reduce reliance on single entities, minimizing risk. With a portion of every transaction contributing to the treasury system, each transaction reinforces backing and stabilization for the token, establishing a base valuation for the network and proportional valuation for each token itself.
Cognitive diversity has proven to systematically lower the collective error. Gathering insights from people of different backgrounds, we can give best results in decision-making, problem-solving, and innovating.
Leaving behind the defects of direct democracy, we will use an advanced voting system based on the principles of liquid democracy.
Learn more ➞In a sense Cryptopolis network is a human computer. Voting is the end process of crossing between the knowledge of a single user and the review of a proposal. Therefore such work should be rewarded with Pangea tokens.
Learn more ➞Earth's land is limited. If the Cryptopolis community decides to buy land, users can propose projects on how to manage this space. Buying land brings the benefit of backing currency with land and infrastructure, and is an additional revenue stream that goes back to the pool.
Learn more ➞All the funds that are over the maintenance fee will be subjected to voting in Cryptopolis DAO. Result? Improving Functionality, Backing & stabilizing the value
Learn more ➞Each aspect of Cryptopolis (including transaction fee for Pangea, voting mechanism, voting power, UX structure, discussion etc.) is possible to be changed by the community using the proposal and voting structure. The initial version of project is just proposition made by a team of funders
Learn more ➞If you want to learn more about the Cryptopolis, you can read our Presentation and Whitepaper that spell out the foundations of Cryptopolis.
On their pages we introduce the concept of a new cryptographic network, its voting functionality, the technical system architecture behind it and study of society structure that explains fenomen of the DAO-based structure.
