{"title": "Event Horizon", "logoImg": "bafkreig4cztbhzzohcfk77k2lsyecwfhk7saiukbl2c6jlhdwmxbrp7ko4", "website": "https://EventHorizon.vote", "bannerImg": "bafkreiertlqsp6sc2j3jhxi4oba6ctunlehvi5uxw7jorodthwkcdaol3y", "createdAt": 1712269713259, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..WOhClnShUoER2lyeyuLiV9uTZV4Ljk0vh8y8irJYfii6oMFTRcNuhcslGiS7bA_S4-dzAT78dfcLZ4eA7e8vCw", "type": "Ed25519Signature2018", "created": "2024-04-04T22:24:15.079Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-04T22:24:15.079Z", "expirationDate": "2024-07-03T22:24:15.079Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x50c28a42AC91F6E6437A036D320c9242432CCE3F", "hash": "v0.0.0:MguhG67S8SAYiH3Z+0MZ4TnL0rbf7ajBDAe8xr/QvJc=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#EventHorizonDAO"}}}, "description": "**Event Horizon is a public good, public-access metagovernance pool...** designed to enfranchise the long tail distribution of tens of thousands of smaller voters found within the citizenry of every DAO.\n\n**Metrics & Traction:** Event Horizon is already live within both the Gitcoin and Arbitrum ecosystems and has mobilized >$25,000,000 of voting power across ~250 proposals on over 6 DAOs all on behalf of retail voters at no cost to the user. This is $25,000,000 of voice amplification for the low-capital, high-conviction citizens which would never have been possible prior to the Event Horizon's product. \n\nMost recently, Event Horizon officially partnered with Gitcoin to leverage the Gitcoin Passport and received a 150,000 GTC community delegation:\n\n [Announcement Tweet](https://x.com/EventHorizonDAO/status/1773075757759127818?s=20 )\n\nEvent Horizon is in the process of conducting a similar proposal, inclusive of Gitcoin's Passport solution, for the Arbitrum community: \n\n[Arbitrum Proposal](https://forum.arbitrum.foundation/t/delegate-to-a-public-access-public-good-citizen-enfranchisement-pool-through-event-horizon/21523)\n\n# More Information:\n**Most DAOs face a problem:** not enough people care to vote, and those who do care don’t have much influence. Event Horizon slots into the broader DAO ecosystem in a similar fashion to a standard delegate. However, rather than the pool voting based on the decision of one individual or group, it votes with the collective cognition of hundreds of individual Event Horizon Voter Pass holders. This serves two functions:\n\n1. **Enfranchise Community Citizens:** It provides a clear and designated voice for smaller, retail voters.\n\n2. **Increase Meaningful Retail Participation:** It drives participation through a game theoretic process called Implicit Delegation. Whether 10 people show up to vote, or 10,000 people do, the full retail voter allotment is mobilized in support of the community’s desired outcome:\n\n*When participation is low…* each voter receives a larger slice of the public access pie. This means the fewer people there are voting, the more incentive there is for someone new to come and participate.\n\n*When participation is high…* there are more voters splitting the same pie, however, retail participation is high, which is a great win for the ecosystem.\nThis is all done without the need to pay delegates with Arbitrum token inflation, which would attract the wrong crowd anyway. Event Horizon’s model attracts people strictly interested in governance, not payment.\n\n**DAO Benefits:** From a DAO perspective, Implicit Delegation brings the many great ideas and voices from the long-tail distribution of low-capital community members to the surface. We like to say that the best ideas in an ecosystem are often held in the minds of individuals with $50 in governance voice, so we need a better platform for these ideas to be heard.\n\n\n**Delegate Benefits:** Governance is hard. It is nearly impossible to review, react to, and care about every individual proposal. EH functions as a hive mind to solve this problem. If there are 3 proposals (Gaming, Lending, and Partnership) 100 citizens may show up to vote for each, but the exact voter body may be entirely different each time, with those caring about gaming participating in the gaming proposal, and so on and so forth for the other proposal topics.\n\n# How it Works:\n\n| **Step 1 – Duplication:** Once a delegation is established, Event Horizon begins automatically duplicating all base DAO proposals within its own voting portal.\n\n| **Step 2 – Metagovernance:** Retail voters may mint a free voter pass and begin voting to decide how the retail enfranchisement pool is mobilized in the base DAO proposal.\n\n| **Step 3 – Base DAO Voting:** 24 hours prior to the closure of the base DAO proposal, the Event Horizon metagovernance proposal closes. Event Horizon then automatically pushes the consensus decision established by the retail community during the metagovernance proposal into the base DAO proposal.", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "EventHorizonDAO"}