Unlock the Power of Composability with Jokerace: How DAOs Can Leverage Onchain Governance and Decision Making
In a recent X space hosted by Aragon, David Phelps, cofounder of jokerace, discussed the concept of composability in the world of decentralized applications. He highlighted that the distinction between apps and protocols is an old mental model that no longer holds up in a world where anyone can build on top of existing systems.
Jokerace, a platform for governance contests, exemplifies the power of composability. While it may appear to be a simple user interface for onchain governance, the true strength of jokerace lies in its ability to enable actions beyond the app, onchain. It serves as a proto-app, bridging the gap between consumer-facing frontend interfaces and developer-facing backend infrastructure.
One of the key features of jokerace is its ability to trigger onchain actions based on the results of a vote. This functionality is pivotal for decentralized autonomous organizations (DAOs), which rely on onchain actions to execute decisions made by the community.
DAOs can leverage jokeraces in various ways to enhance their governance processes. For instance, jokeraces can be used to align DAO members into smaller groups around shared interests, onboard new members into the community, develop onchain reputations, increase voter participation through rewards, and expand the imagination of what is possible on the blockchain.
By combining jokeraces with actions in an Aragon DAO, communities can supercharge their decision-making processes and facilitate seamless coordination among members. The tokenless nature of jokeraces also lowers the barrier to entry for new members, making it easier for individuals to participate and contribute to the community.
Ultimately, jokeraces exemplify the evolution of governance in a decentralized world where protocols and apps merge seamlessly to enable new possibilities. By experimenting with jokeraces and integrating them into Aragon DAOs, communities can unlock the full potential of decentralized governance and drive innovation in the blockchain space.
If you’re ready to explore the world of decentralized governance and experiment with jokeraces, consider launching a DAO on the Aragon App and delving into the possibilities of onchain decision-making. Embrace the power of composability and take your community to new heights with jokerace!