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Power to the People

Ostrava, Prague, Vaasa

Human Beings in the Modern World

Value Creators of Tomorrow

Power to the People

Description
In today’s economy and politics, ensuring transparent and democratic decision-making is crucial. Decentralised Autonomous Organisations (DAOs), commonly used in cryptocurrency trading, operate through blockchain-based smart contracts and could enable community-driven decision-making without a central authority. Unfortunately, still today there’s a lot of corruption in decision-making in many countries. This undermines democracy and creates a vicious cycle where citizens feel powerless and eventually grow tired to try to hold the decision-makers and politicians accountable. What if we could use DAOs to build pockets of local democracy in these types of corrupt countries? How might local democracy look like if DAOs were used to bring transparency and clear rules for decision-making? How far could the local decision-making be taken if used technologies such as DAO? How would, for example voting through DAO system look like? What are the risks in using DAOs for governing? This is a project for people interested in politics and societal changes driven by technology. Join us and let’s offer options for people who don’t have a voice! Check out basic information about DAOs: https://www.investopedia.com/tech/what-dao/
Contact person
Jere Wessman
Jere Wessman

Head of Talent Development

+358 40 631 4029

jere@demola.net

Heini-Marja Rintaniemi
Heini-Marja Rintaniemi

Program Manager

+358 50 582 7401

heikku@demola.net

Concluded project

Basic information

Apply by

17 Oct 2024

Location

Ostrava

Teamwork

In person

Language

English

Timeline

Project starts

22 Oct 2024

Kick-off

22 Oct 2024 - 23 Oct 2024

Mid-event

27 Nov 2024 - 28 Nov 2024

Final session

08 Jan 2025 - 09 Jan 2025

Project ends

09 Jan 2025

Related tags

#decentralization

#decision making

#democracy

#government

#transparency