“Democracy must be something more than two wolves and a sheep voting on what to have for dinner.”

Says ― James Bovard, Lost Rights: The Destruction of American Liberty

DAO is a charismatic public organization, which eliminates all risks of these public welfare forms in the common ownership of all items, and realizes incomparable benefits in terms of non-profit organizational goals.

Due to the superior mechanism of blockchain and tokens, DAO has its own voting governance mechanism. The lower trial and error costs of DAO organizations also provide a stage for experimentation with different governance mechanisms.

Democracy means participating in polls. The main difference between a dictatorship and a free, liberal, and prosperous democracy is that the populace can decide who represents their interest by participating in open, fair and transparent elections.Governance is an ancient problem facing humanity. Human development is a process from centralized governance to democratic governance. As the core element of DAO governance, the voting mechanism has made the development of DAO today. With the continuous vertical development of DAO, it is particularly important to trace the origin of the voting mechanism and explore the relationship between democracy and voting.

Today, we are glad to have Raphael Spannocchi to talking about democracy、 the Marquis of Condorcet、the origin of DAO’s democratic voting.