{"id":"KoI3QpzcwFw","title":"Layer 2 Stage | NEAR Governance Forum","description":"NEAR Governance Forum, presented by AVB of Transparency Commission, Cameron Dennis of Banyan Collective, Blaze of Cheddar, Gus Friis of NEARWEEK, at NEARCON 2023. \n\nJoin this interactive governance session to get your questions answered and brainstorm what the future of NEAR's decentralized democracy looks like.\n\nJoin NEAR's community:\nWebsite: https://near.org/\nReddit:   / nearprotocol  \nDiscord: https://near.chat/\nMedium:   / nearprotocol  \nBlog: https://near.org/blog/\nTwitter:   / nearprotocol  \nGitHub: https://github.com/near  https://github.com/nearprotocol\nDev Docs: https://docs.near.org/\nCreate a wallet: https://wallet.near.org/create\nApps on NEAR: https://awesomenear.com/\nLearn to Build On NEAR: https://www.near.university/\nGrants & Funding: https://near.org/grants/\n#Blockchain #FutureisNEAR #NEAR #nearprotocol\n#nft #dao","channel_name":"NEAR Protocol","published_at":"2023-11-29T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/KoI3QpzcwFw/hqdefault.jpg","transcript_text":"that's enough of me we have a wonderful panel about the near governance forum and I'm going to introduce your wonderful moderator who I think is actually slightly taller than me yeah we'll find out Gus come on come on this is Gus fris of new week yes so hello everyone welcome to this first session on the last day of ncon today we're going to talk about near digital Collective and I say it that way and not NDC because I feel in this discussion it's important we are not just using aerations and and and really make it accessible for people who perhaps are not as as much as you guys like following NDC uh all the time um for this session we're going to have uh 55 minutes we're going to divide it into like two main pieces the first piece is going to be us uh first we're going to hear about you guys we're going to hear about the the purpose of uh the body you represent a bit about you guys a lightning talk about 3 minutes each um and in the second half we will hear about what you have to answer for questions from the audience and that's an opportunity for everyone in here thanks thanks for showing up that you know you can ask what's on your mind and uh if we have nice polite answers we will answer politely so looking forward to conversation um we have good intentions so so this there's been a lot of debate recently around a lot of things in the see but I'm sure we can have a very nice conversation um I don't want to speak much myself I can just say my name is Gus I work at NE week and also building Heroes um not too relevant uh for this conversation um how I got into this field originally of blockchain in 2016 was uh actually because of governance uh I'm a political science student and very active in the down system so governance both from the the uh old world centralized and and de centralized variations I find very interesting um enough about me so uh camon why don't you tell a bit about yourself and like the the the house you're in now or the body you're in and and what the what's the purpose of that great so hey everybody uh my name is Cameron Dennis I've been working near ecosystem for the last three years or so um specifically at near Foundation uh pagota or near Inc before and I represent the house of Merit um I'm one of 15 elected people uh so this is primarily responsible for providing recommendations to the Council of advisers on how a budget should be spent and we are the ones to sort of be more forward- facing with these Grassroots Dows these organizations that are applying for money through the NDC so we essentially try to filter them and make recommendations to the budget of the council advisers and so um you know Blaze will probably tell you a little bit more about the COA Council of advisers do you want to but uh in a nutshell they Define the what we Define the how so they say we need these things done and we are like okay great this is how we're going to go about it this is how much money we're going to need and this is how we're going to spend it so um we'll dive more into like actually what's G on thus far but I think that's a sum set up yeah thanks ABB please go ahead hi I'm ABB I'm from the transparency commission so in my background I actually have studied law technically a lawyer in Australia and yeah I mean a guru would say at the top of the mountain that the UN is conspiring to help me achieve my mission which is to senior succeed they sent me to law school was torture for seven years and now I somehow ended up in the transparency commission so the transparency commission resembles a legal body to a large extent it's there as a name implies to make sure that there's accountability as we move to these new forms of governance and uh yeah it's just an oversight body we've put in a lot of work to try to Define what the processes are what the scope are and yeah we'll be forthcoming with over 100 Pages worth of uh Frameworks to help us deal with some some outstanding issues all right yeah so hey everyone I'm blae I've been with near since before mainnet started as uh as part of the validator competition uh joined that became a validator on near have been an active Community member and contributor to the ecosystem in general then co-founded cheddar which is a small y yield Farm focused on helping provide opportunity for small wallet balances on near and then the champion of the NDC in terms of just getting vzero governance to a point where we could launch to where we are now so now as part of that a member of the Council of advisors which is really a seven member Council focused on advising the house of Merit which is where Cameron is so the house of Merit is about budget allocation and about establishing governance processes the Council of advisor is somewhat like an oversight Council to that so they have the ability to veto budget to veto policy changes that they might make but also really to more work with the H and the rest of the governing bodies to ensure that governance is aligned to the Strategic direction of near and that we're actually deploying funding and deploying uh NDC to grow and sustain the ecosystem so yeah glad to be here and thanks everyone for joining we thank you all for your Public Service in those chambers thanks a lot for that so um yeah thanks for that summary uh before we go into like more debates around specific topics I think it would just be from my own curiosity quite interesting to hear each of you around as well hearing from your side uh Cameron starting with you um what do you think works well in NDC in the whole as right now and what don't you think like works well what's the main challenges yeah so um just for context the NDC was first created by a group called The governance working group and or the the first legal framework and so the framework was intentionally designed and I think KB and blaz can talk more about this but to be sort of broad to start and the whole goal is for the house of Merit to kind of refine it and actually submit like formal bylaws and how these things operate and how voting works and the whole bit and so um I would say that has not totally come to fruition yet um the house of Merit is a little bit fragmented right now um and we can also go into why in a nutshell uh for those who did not participate and don't understand how this works uh the voting body is essentially anybody that has a crypto in your wallet and went through the IM human verification process which means you scan your face and that image then gets uploaded to a gdpr compliant database uh through this organization called fractal and these are the people that are now register to vote and they're the ones to decide on who actually gets placed in these different houses and so that although it is actually I think one of the the better approaches as we've seen in the blockchain space um and I've been in the space for about six seven years now and I've also participate in decentralized governance um normally that doesn't work very well because those who actually have all the votes can essentially Place their people in key offices and do it strategically so they have majority for when a budget comes through and they can just essentially approve it and steamroll anyone who disagrees and so uh unfortunately this is kind of what has happened in a way uh not it's not too far off um that is it can be fixed I guess is my point um but right now in the house of Merit there is a very strong Coalition and they are very coordinated and so they don't necessarily need to cooperate with anyone else because they can essentially push proposals through and vote at least internally within the house of Merit to get them passed and so what we've seen thus far is uh decisions being made without the entire house of Meritt even participating uh because they can just you know make a proposal pass it within themselves and then push on the council advisors and I feel like that has actually led to less engagement from the people who really are trying to do it for the right reasons because their voice doesn't really matter so um I think that's something that we definitely need to change in terms of what is going well uh I did appreciate the uh sort of speediness of the council advisors coming out with metrics defining the what um and so that was that was good but besides that um we have a lot of work to do and with that bridge let's go to AVB same question what do you think works well what do you think is not working well and and and you can speak for your own body but you allowed to speak about the whole I'm an individual nothing I say is legal advice uh if you want to see what works well I would look at devhub and uh I would split the NDC landscape in several categories cuz multiple things can be try once and you can mix and match we may have to revise the voting body cuz it is too broad that may be true true but it may also be true that the majority that got in got in because they represent the general sentiment of the community so there's there's a tension there between finding the right balance of how do we who do we want to participate actively in governance and acknowledging grievances to the community the third category which is where I would focus on special transparency commission is just the processes assuming that the the people elected have the Mandate and that they do represent some interest in the community and by the way most of the health of marriage is actually aligned in what they want to achieve but we have now our discrepancies in either how to achieve it or just personality clashes different uh work modes so what we think well what I personally think should be the priority would be to have very well understood simple processes so that everyone can be on the same page even if you're a minority you get your period to discuss to be heard Case Closed moved on and it's just having the tense of furnace uh we're not going to be able to win all the time we're not going to be able to have something perfect we just need to get to the minimum viable trust otherwise the the long-term viability of the of the institution is not there if if we if we're not able to agree and Trust internally the community is obviously not going to yeah please please over to me yeah so the the first first thing to understand about uh governance and decentralization is that they are very difficult topics right this is something that hasn't been really solved in the web 3 space very well and so with NDC we took a completely different approach where we put the community at the heart of governance instead of hiring high-end outside Council or advisors or uh you know making the decision making in the hands of the founders that and the VCS that established the chain we really engag the the community to begin to develop governance and in that there was a lot of challenges but I would say that this you know initial state of governance that we have now V1 is what we're transitioning to it's like looking at you know live raw earth right and now we've got to shape that Earth and create more rigor more processes more procedures as ABB was saying to make that next version uh even better so we know that this is going to be iterative we know it's going to take time and we know we won't get it right up front right we just we're just not going to get it right so um I think that's the both the power of what we're doing and it's kind of the you know the side effect of saying that that's the you know that it's both the negative and the positive that we're working through but what is exciting is that we have an active Congress now right 29 elected members elected by the community right and so we made the houses as big as they are uh because we wanted to make sure that we knew that there was a potential for collusion we knew that you know there could be coalitions that form that tried to take over you know the governing bodies uh but you know the good thing is is that we have people like Cameron and other members in these houses because we made them in in such a fashion that that would be enabled now the other thing that I would say is that you know this process that we're going through it will be bumpy but you know we're going to continue to make things a lot better and so that idea like ABB was saying is how do we grow this voting body what are the criteria to vote in this next election what kind of election are we going to build uh those are all the things that we have to work through in very short ORD so we've got about five months left to deliver a new voting mechanism to stand up these processes and procedures to then turn this governance over to whoever the next elected officials are assuming some of these folks will run as well and still be in the houses for another term yeah and if I could just add to what BL mentioned because there's a fourth category assuming that we have all the processes in place I like the analogy of terraforming because","transcript_synced_at":"2026-11-03T06:13:15.966Z","segments":[{"start_seconds":0,"text":"that's enough of me we have a wonderful panel about the near governance forum and I'm going to introduce your wonderful moderator who I think is","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=0s"},{"start_seconds":8,"text":"actually slightly taller than me yeah we'll find out Gus come on come on this","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=8s"},{"start_seconds":14,"text":"is Gus fris of new","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=14s"},{"start_seconds":20,"text":"week","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=20s"},{"start_seconds":24,"text":"yes so hello everyone welcome to this first session on the last day of ncon today we're going to talk about","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=24s"},{"start_seconds":33,"text":"near digital Collective and I say it that way and not NDC because I feel in this discussion it's important we are","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=33s"},{"start_seconds":41,"text":"not just using aerations and and and really make it accessible for people who perhaps are not as as much as you guys","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=41s"},{"start_seconds":48,"text":"like following NDC uh all the time um for this session we're going to have uh 55 minutes we're going to divide it into like two main pieces the first piece is","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=48s"},{"start_seconds":57,"text":"going to be us uh first we're going to hear about you guys we're going to hear about the the purpose of uh the body you represent a bit about you guys a","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=57s"},{"start_seconds":64,"text":"lightning talk about 3 minutes each um and in the second half we will hear about what you have to answer for","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=64s"},{"start_seconds":73,"text":"questions from the audience and that's an opportunity for everyone in here thanks thanks for showing up that you know you can ask what's on your mind and","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=73s"},{"start_seconds":82,"text":"uh if we have nice polite answers we will answer politely so looking forward to conversation um we have good","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=82s"},{"start_seconds":90,"text":"intentions so so this there's been a lot of debate recently around a lot of things in the see but I'm sure we can have a very nice conversation um I don't","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=90s"},{"start_seconds":99,"text":"want to speak much myself I can just say my name is Gus I work at NE week and also building Heroes um not too relevant uh for this conversation um how I got","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=99s"},{"start_seconds":108,"text":"into this field originally of blockchain in 2016 was uh actually because of governance uh I'm a political science","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=108s"},{"start_seconds":116,"text":"student and very active in the down system so governance both from the the uh old world centralized and and de centralized variations I find very","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=116s"},{"start_seconds":124,"text":"interesting um enough about me so uh camon why don't you tell a bit about yourself and like the the the house you're in now or the body you're in and","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=124s"},{"start_seconds":132,"text":"and what the what's the purpose of that great so hey everybody uh my name is Cameron Dennis I've been working near ecosystem for the last three years or so","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=132s"},{"start_seconds":139,"text":"um specifically at near Foundation uh pagota or near Inc before and I represent the house of Merit um I'm one","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=139s"},{"start_seconds":147,"text":"of 15 elected people uh so this is primarily responsible for providing recommendations to the Council of","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=147s"},{"start_seconds":154,"text":"advisers on how a budget should be spent and we are the ones to sort of be more forward- facing with these Grassroots","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=154s"},{"start_seconds":162,"text":"Dows these organizations that are applying for money through the NDC so we essentially try to filter them and make recommendations to the budget of the","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=162s"},{"start_seconds":169,"text":"council advisers and so um you know Blaze will probably tell you a little bit more about the COA Council of advisers do you want to but uh in a","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=169s"},{"start_seconds":177,"text":"nutshell they Define the what we Define the how so they say we need these things done and we are like okay great this is","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=177s"},{"start_seconds":185,"text":"how we're going to go about it this is how much money we're going to need and this is how we're going to spend it so um we'll dive more into like actually what's G on thus far but I think that's","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=185s"},{"start_seconds":193,"text":"a sum set up yeah thanks ABB please go ahead hi I'm ABB I'm from the transparency commission so in my background I","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=193s"},{"start_seconds":201,"text":"actually have studied law technically a lawyer in Australia and yeah I mean a guru would say at the top of the mountain that the UN is conspiring to","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=201s"},{"start_seconds":211,"text":"help me achieve my mission which is to senior succeed they sent me to law school was torture for seven years and now I somehow ended up in the","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=211s"},{"start_seconds":218,"text":"transparency commission so the transparency commission resembles a legal body to a large extent it's there as a name implies to make sure that","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=218s"},{"start_seconds":226,"text":"there's accountability as we move to these new forms of governance and uh yeah it's just an oversight body we've","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=226s"},{"start_seconds":233,"text":"put in a lot of work to try to Define what the processes are what the scope are and yeah we'll be forthcoming with","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=233s"},{"start_seconds":242,"text":"over 100 Pages worth of uh Frameworks to help us deal with some some outstanding issues all right yeah so hey everyone","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=242s"},{"start_seconds":250,"text":"I'm blae I've been with near since before mainnet started as uh as part of the validator competition uh joined that","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=250s"},{"start_seconds":259,"text":"became a validator on near have been an active Community member and contributor to the ecosystem in general then","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=259s"},{"start_seconds":266,"text":"co-founded cheddar which is a small y yield Farm focused on helping provide opportunity for small wallet balances on","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=266s"},{"start_seconds":273,"text":"near and then the champion of the NDC in terms of just getting vzero governance to a point where we could launch to","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=273s"},{"start_seconds":280,"text":"where we are now so now as part of that a member of the Council of advisors which is really a seven member Council","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=280s"},{"start_seconds":288,"text":"focused on advising the house of Merit which is where Cameron is so the house of Merit is about budget allocation and","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=288s"},{"start_seconds":295,"text":"about establishing governance processes the Council of advisor is somewhat like an oversight Council to that so they","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=295s"},{"start_seconds":303,"text":"have the ability to veto budget to veto policy changes that they might make but also really to more work with the H and","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=303s"},{"start_seconds":311,"text":"the rest of the governing bodies to ensure that governance is aligned to the Strategic direction of near and that we're actually deploying funding and","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=311s"},{"start_seconds":320,"text":"deploying uh NDC to grow and sustain the ecosystem so yeah glad to be here and thanks everyone for","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=320s"},{"start_seconds":327,"text":"joining we thank you all for your Public Service in those chambers thanks a lot for that so um yeah thanks for that","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=327s"},{"start_seconds":336,"text":"summary uh before we go into like more debates around specific topics I think it would just be from my own curiosity quite interesting to hear each of you","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=336s"},{"start_seconds":344,"text":"around as well hearing from your side uh Cameron starting with you um what do you think works well in NDC in the whole as right now and what don't you think like","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=344s"},{"start_seconds":352,"text":"works well what's the main challenges yeah so um just for context the NDC was first created by a group called The governance working group and or the the","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=352s"},{"start_seconds":361,"text":"first legal framework and so the framework was intentionally designed and I think KB and blaz can talk more about this but to be sort of broad to start","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=361s"},{"start_seconds":369,"text":"and the whole goal is for the house of Merit to kind of refine it and actually submit like formal bylaws and how these","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=369s"},{"start_seconds":377,"text":"things operate and how voting works and the whole bit and so um I would say that has not totally come to fruition yet um","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=377s"},{"start_seconds":384,"text":"the house of Merit is a little bit fragmented right now um and we can also go into why in a nutshell uh for those","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=384s"},{"start_seconds":392,"text":"who did not participate and don't understand how this works uh the voting body is essentially anybody that has a crypto in your wallet and went through","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=392s"},{"start_seconds":401,"text":"the IM human verification process which means you scan your face and that image then gets uploaded to a gdpr compliant","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=401s"},{"start_seconds":408,"text":"database uh through this organization called fractal and these are the people that are now register to vote and they're the ones to decide on who","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=408s"},{"start_seconds":416,"text":"actually gets placed in these different houses and so that although it is actually I think one of the the better approaches as we've seen in the blockchain space um and I've been","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=416s"},{"start_seconds":425,"text":"in the space for about six seven years now and I've also participate in decentralized governance um normally that doesn't work very well because those who actually have all the votes","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=425s"},{"start_seconds":434,"text":"can essentially Place their people in key offices and do it strategically so they have majority for when a budget comes through and they can just","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=434s"},{"start_seconds":442,"text":"essentially approve it and steamroll anyone who disagrees and so uh unfortunately this is kind of what has","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=442s"},{"start_seconds":450,"text":"happened in a way uh not it's not too far off um that is it can be fixed I guess is my point um but right now in","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=450s"},{"start_seconds":458,"text":"the house of Merit there is a very strong Coalition and they are very coordinated and so they don't necessarily need to cooperate with","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=458s"},{"start_seconds":466,"text":"anyone else because they can essentially push proposals through and vote at least internally within the house of Merit to get them passed and so what we've seen","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=466s"},{"start_seconds":473,"text":"thus far is uh decisions being made without the entire house of Meritt even participating uh because they can just","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=473s"},{"start_seconds":480,"text":"you know make a proposal pass it within themselves and then push on the council advisors and I feel like that has actually led to less engagement from the","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=480s"},{"start_seconds":488,"text":"people who really are trying to do it for the right reasons because their voice doesn't really matter so um I think that's something that we definitely need to change in terms of","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=488s"},{"start_seconds":496,"text":"what is going well uh I did appreciate the uh sort of speediness of the council advisors coming out with metrics","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=496s"},{"start_seconds":503,"text":"defining the what um and so that was that was good but besides that um we have a lot of work to do and with that","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=503s"},{"start_seconds":511,"text":"bridge let's go to AVB same question what do you think works well what do you think is not working well and and and you can speak for your own body but you allowed to speak about the whole I'm an","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=511s"},{"start_seconds":519,"text":"individual nothing I say is legal advice uh if you want to see what works well I would look at devhub and","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=519s"},{"start_seconds":526,"text":"uh I would split the NDC landscape in several categories cuz multiple things can be try once and you","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=526s"},{"start_seconds":534,"text":"can mix and match we may have to revise the voting body cuz it is too broad that may be true true but it may also be true","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=534s"},{"start_seconds":541,"text":"that the majority that got in got in because they represent the general sentiment of the community so there's","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=541s"},{"start_seconds":548,"text":"there's a tension there between finding the right balance of how do we who do we want to participate actively in governance and acknowledging grievances","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=548s"},{"start_seconds":557,"text":"to the community the third category which is where I would focus on special transparency commission is just the processes assuming that the the people","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=557s"},{"start_seconds":566,"text":"elected have the Mandate and that they do represent some interest in the community and by the way most of the health of marriage is actually aligned in what they want to achieve but we have","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=566s"},{"start_seconds":575,"text":"now our discrepancies in either how to achieve it or just personality clashes","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=575s"},{"start_seconds":581,"text":"different uh work modes so what we think well what I personally think should be the priority would be to have very well","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=581s"},{"start_seconds":590,"text":"understood simple processes so that everyone can be on the same page even if you're a minority you get your period to","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=590s"},{"start_seconds":598,"text":"discuss to be heard Case Closed moved on and it's just having the tense of furnace uh we're not going to be able to win all the time we're not going to be able to have","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=598s"},{"start_seconds":605,"text":"something perfect we just need to get to the minimum viable trust otherwise the","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=605s"},{"start_seconds":613,"text":"the long-term viability of the of the institution is not there if if we if we're not able to agree and Trust","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=613s"},{"start_seconds":621,"text":"internally the community is obviously not going to yeah please please over to me yeah so","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=621s"},{"start_seconds":628,"text":"the the first first thing to understand about uh governance and decentralization is that they are very difficult topics right this is something that hasn't been","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=628s"},{"start_seconds":637,"text":"really solved in the web 3 space very well and so with NDC we took a completely different approach where we","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=637s"},{"start_seconds":644,"text":"put the community at the heart of governance instead of hiring high-end outside Council or advisors or uh you","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=644s"},{"start_seconds":652,"text":"know making the decision making in the hands of the founders that and the VCS that established the chain we really engag the the community to begin to","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=652s"},{"start_seconds":660,"text":"develop governance and in that there was a lot of challenges but I would say that this you know initial state of governance that we have now V1 is what","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=660s"},{"start_seconds":669,"text":"we're transitioning to it's like looking at you know live raw earth right and now we've got to shape that Earth and create","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=669s"},{"start_seconds":676,"text":"more rigor more processes more procedures as ABB was saying to make that next version uh even better so we","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=676s"},{"start_seconds":683,"text":"know that this is going to be iterative we know it's going to take time and we know we won't get it right up front right we just we're just not going to","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=683s"},{"start_seconds":691,"text":"get it right so um I think that's the both the power of what we're doing and it's kind of the you know the side","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=691s"},{"start_seconds":698,"text":"effect of saying that that's the you know that it's both the negative and the positive that we're working through but","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=698s"},{"start_seconds":704,"text":"what is exciting is that we have an active Congress now right 29 elected members elected by the community right","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=704s"},{"start_seconds":714,"text":"and so we made the houses as big as they are uh because we wanted to make sure that we knew that there was a potential for collusion we knew that you know","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=714s"},{"start_seconds":722,"text":"there could be coalitions that form that tried to take over you know the governing bodies uh but you know the good thing is is that we have people","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=722s"},{"start_seconds":731,"text":"like Cameron and other members in these houses because we made them in in such a fashion that that would be enabled now","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=731s"},{"start_seconds":739,"text":"the other thing that I would say is that you know this process that we're going through it will be bumpy but you know we're going to continue to make things a","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=739s"},{"start_seconds":747,"text":"lot better and so that idea like ABB was saying is how do we grow this voting body what are the criteria to vote in","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=747s"},{"start_seconds":755,"text":"this next election what kind of election are we going to build uh those are all the things that we have to work through in very short ORD so we've got about","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=755s"},{"start_seconds":763,"text":"five months left to deliver a new voting mechanism to stand up these processes and procedures to then turn this","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=763s"},{"start_seconds":770,"text":"governance over to whoever the next elected officials are assuming some of these folks will run as well and still be in the houses for another term","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=770s"},{"start_seconds":779,"text":"yeah and if I could just add to what BL mentioned because there's a fourth category assuming that we have all the processes in place I like the analogy of","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=779s"},{"start_seconds":787,"text":"terraforming because","url":"https://www.youtube.com/watch?v=KoI3QpzcwFw&t=787s"}],"youtube_url":"https://youtube.com/watch?v=KoI3QpzcwFw","url":"https://near-pedia.xyz/videos/KoI3QpzcwFw"}