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tags: Endgame Video Summaries
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## Summary of [Open Decentralized Voter Committee | 11.23.22 | Practical Implementation of Endgame Governance](https://www.youtube.com/watch?v=J17mNQjq0Fg&list=PLLzkWCj8ywWMJ8ImSqKaYf-87Mx7gOkaF&index=4)
### 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 video discusses the four major work streams that need to be completed in order to prepare for the launch of The Meadows, an in-game ecosystem built on the Ethereum blockchain. The video also mentions that the smart contracts for the in-game plan are "reasonably safe," which is good news given the recent crypto market crash.
00:05:00 The video discusses the Open Decentralized Voter Committee, which is a proposal for a system in which voters can choose their representatives, and the two main work streams needed to make it a reality. First, there are the smart contracts needed to manage the voting process, and second, the decentralized front end that will be available to every metadata user. The video describes how these two work streams are connected, and outlines the progress that has been made so far.
00:10:00 The video discusses how Open Decentralized Voter Committee (Ovcc) is designed to help build a more fair and sustainable world. Ovcc consists of organizing metadatas, developing communities, and conducting governance reform. The video also describes how voter incentives will promote honesty and cooperation among delegates, leading to the recapture of value and the distribution of MPR to all participants.
00:15:00 The video explains that a decentralized voter committee is an important part of implementing endgame governance. The committee will be incentivized to take all the tokens that are distributed to it and then vote with them, and delegate them to delegate. This will result in delegates who have the power to swing big votes. The video also discusses the Constitution, which is a myth that is meant to provide a basic framework for governance. Every entity that wants to be paid must pledge to uphold the in-game state. The Scopes are high-level definitions that cover all aspects of governance.
00:20:00 The video discusses the Open Decentralized Voter Committee, which is a system for locking down governance. The system is made up of three types of actors: decentralized motor committees, data Scopes, and Constitution. These actors are all independent and have no conflicts of interest. The Constitution sets out rules for how everything in the system is conducted.
00:25:00 DVCs are a way for MPR holders to democratically govern themselves, and are a structural security mechanism to prevent corruption.
00:30:00 The video discusses the requirements for a decentralized voter committee, which must be compliant with the Constitution, have at least one registered voter, and cover every scope of governance cycle. If these requirements are not met, the committee will fail.
00:35:00 The video discusses the need for a voter committee to have a better understanding of all the 12 scopes that are outlined in the Open Decentralized Voter Committee's protocol engineering scope, and to make sure that the scope is reasonable and cost effective. It also discusses the need for retrospective review of projects and goals, and the importance of risk management.
00:40:00 The video discusses the role of decentralized voting committees in governance, and how they are supposed to incentivize long-term cooperation among stakeholders. It also discusses the importance of metadata called the governor Metallo, and how it helps to ensure that voting committees are run in a transparent and repeatable manner.
00:45:00 The video discusses the idea of creating a decentralized voter committee to improve governance. The committee would be made up of volunteers who would be incentivized to participate by having their financial stake in the committee protected.
00:50:00 The video discusses the upcoming transition to a decentralized governance model, focusing on the preparatory steps that need to be taken in order to achieve this. It outlines the importance of weekly meetings and operational details, and concludes with a discussion of the transition to a committee structure for the DVC.
00:55:00 The video discusses how the Open Decentralized Voter Committee will operate, with three recognized DVCs to provide more flexibility in governance.
01:00:00 This video explains the three different types of decentralized governance, which are Surplus, Growth, and Resilience. The video goes on to explain that the head of each DBC should be self-bootstrapped, and that it is important to be strategic about managing risk, rather than blindly following a dark map.
01:05:00 The video discusses how delegates will interact with decentralized voting committees, and how they will be incentivized to vote in accordance with the input of the committees.
01:10:00 This video introduces the idea of a decentralized voter committee, which is designed to prevent delegates from building personal political brands and becoming entrenched in their positions. The video discusses the importance of setting up committees and tribunals in order to implement policies, and discusses the transition from a centralized to decentralized government.
01:15:00 The video discusses the Open Decentralized Voter Committee, which is a system for managing the scope of projects. The committee will have a tribunal to review data and proposals to determine whether they are objective and reasonable. The committee will also have delegates who specialize in different scopes. The goal is to update the disability and liquidity scope framework to be more objective and practical. The process will be conducted through meetings and a vote.
01:20:00 The video discusses how a decentralized voter committee could be implemented to make voting decisions in governance. The committee would be made up of holders ofmkr (a cryptocurrency) and would have the power to vote on changes to the scope frameworks and the Constitution. The committee would need to be constantly updated as the world changes, and there would be a lot of slack built in to allow for quick changes.
01:25:00 The video discusses the Open Decentralized Voter Committee, a proposed governance model for Ethereum. The committee would be responsible for implementing the Constitution and other key policies, and would launch the Meta House in Q2 2024. If certain steps are delayed, Mika suggests that the community should figure out how to launch the platform on their own.
01:30:00 The video discusses Open Decentralized Voter Committee, a proposed governance system that would allow for more transparency and accountability in government. The system would be implemented through regular meetings and would rely on a scope framework to help participants understand the goals and objectives of government.