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tags: Endgame Video Summaries
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## Summary of [Open Decentralized Voter Committee | 9.28.22 | Metanomics Diagrams](https://www.youtube.com/watch?v=4XeKLEQTsJI&list=PLLzkWCj8ywWMJ8ImSqKaYf-87Mx7gOkaF&index=8)

### Disclaimer
This is an [AI generated](https://www.summarize.tech/) summary. No manual curation has been done. There may be inaccuracies.

### Summary
00:00:00 This YouTube video is a transcript of a call with govcoms, in which Thomas Flutter discusses the tokenomics of The Meta Now. Flutter explains that the Metanomics model is not possible to model, and that this is why it is important to keep the end game in place - namely, the clean money principle, radical transparency, and the more general public good principles. He also shares an example of how one could arrive at a five-year projection for The Meta Now's value.

00:05:00 The "Open Decentralized Voter Committee" video discusses how a successful creator, such as Metanomics, has different revenue sources, such as a front-end Revenue share and premium features with fees it earns from its decentralized collateral Landing engine. Metanomics also has a Plug and Play protocol that allows other metadaters to integrate and earn overhead.

00:10:00 The video discusses a hypothetical decentralized voting committee where the creator of the metadat receives a risk-free income of 1 million per year. The committee would be responsible for verifying metadata is providing the correct yield farming front end according to best practices, and if approved, would start holding meetings to discuss each scope.

00:15:00 The video discusses the Open Decentralized Voter Committee, which is a project that generates risk-free income for creators. The Committee charges a stability fee, and it doesn't require a team or any infrastructure. One potential driver of this project is high liberty, which would make it more reliable and sustainable.

00:20:00 The video discusses the Open Decentralized Voter Committee, a possible meta level for the decentralized collateral engine. The committee would allow for high leverage on either die or regular eth, and would offer metadats access to metadata tokens and other income sources.

00:25:00 The video explains how a decentralized voter committee could work, with the creator receiving a risk-free income and the rest of the committee members earning a share of the revenue generated. It also discusses the need for strong tools of decentralization in the long run, and the benefits of developing a strong brand and charging a premium for services.

00:30:00 The video discusses the idea of a decentralized voter committee, which would provide features like fixed rates and options to its users, as well as a revenue share from premium features. The video also discusses the potential for regulation and the importance of being ready for it.

00:35:00 The video discusses the pros and cons of decentralized voting, and concludes that the current hybrid system is viable for a while, but that decentralization is the only viable option. The video also discusses the role of metadatas in the system, and how they can benefit from increased growth. Finally, the video talks about the implementation of this system, and how it will benefit metadata holders.

00:40:00 The video discusses the potential for MakerDAO to make a lot of money through The Vault, which is a mechanism that allows holders of MKR to earn stable income. However, MakerDAO is also taking some risk with this income, and it is important to consider the incentives behind MakerDAO's actions.

00:45:00 The video discusses how the Open Decentralized Voter Committee (ODCV) will work and how its various components will generate revenue. The ODCV will have a lean team of five Administration team members and five Engineers building premium features, and will also have some people doing smart services. If the market cap of the Netherland reaches less than the Elixir reserves, then the metal Autumn will be burned with Elixir. Metatar will have a huge amount of legs and will inject liquidity to the metadata by buying metallics. If you use the benchmark of 40 million value transferred to the tokens over the course of five years, then the ODCV should be profitable.

00:50:00 This video explains how a market cap of 200 million would result in 40 times the value of 5,000 Alexias. It also notes that the Alexia token would accumulate from both the Surplus (20 million per year) and the Drizzle Engine (which sells tokens if it considers them overvalued). This would result in 33 million die of elixir being created over a five-year period, which would provide a base of 43 million Alexias. Finally, the anti-reflexivity mechanism prevents metabouts from experiencing crazy Bubbles and exploding in value early on.

00:55:00 The video discusses how a decentralized voter committee could work, assuming that all the metadatas are alive and that there are 12 metadars. The committee would have two metadars at the high level success level, two at a month, and two at a moderate level for 200 million Elixir each. For a total of 600 million Elixir, four would have a medium low level of success for 50 million Elixir each, and another four at 25 million Elixir each for a total of 900 Elixir. This scenario would result in an MPR market cap of 2.7 billion Elixir.

01:00:00 The video explains how the Open Decentralized Voter Committee (ODVC) works and how it benefits Major, the imperato. The ODVC has a Metanomics diagram that illustrates how metadata contributes value to Major and how it pays contractors in tokens. According to the diagram, metadata would pay 200,000 in cash and a hundred thousand in tokens per year. If the metatar actually delivers on the expected growth, the token price would be lower than the token price during the growth phase. However, if it does not deliver on the expected growth, the token price could go back down.

01:05:00 The video discusses Open Decentralized Voter Committee, a project that seeks to decentralize oracles to make them cheaper and more distributed. The discussion focuses on the need for security when reading oracles, the importance of collateral, and the potential for node-based oracles to replace centralized oracles.

01:10:00 The video discusses the Open Decentralized Voter Committee, a model for voting that is decentralized and open to all. The model assumes that community expenses, such as marketing costs, are included in the 500,000 per full-time employee budget.team related expenses and another fivemillion in marketing related expenses orsomething like thatyeah I think I will try to I'll try totune this a little bit and figure out akind of Like Model for how the market cap evolves over time, assuming that the ecosystem grows and new teams are added.

01:15:00 This video provides a brief overview of how a decentralized voter committee would work. The video explains that each cluster would get its own budget, and that those in the workforce would have two years of job security. The video also mentions that the metadash would be free to use, and that it would be easy to make it profitable.