CoGov Weeks 1-3: Mission & Vision

Governance Proposals
4

Below is a summary of the first CoGov community call, in which we provided context around the ongoing governance redesign and discussed the mission and vision of GoodDollar governance and GoodDAO. Here is a recording of the session.

Overview

Governance Re-Vision

GoodDollar’s governance is being redesigned to:

  • Address governance challenges, such as GoodLabs’ proposal dominance, token holder concentration, and lack of structural and procedural clarity
  • Align with a new strategic focus on building a sustainable ecosystem beyond UBI, with GoodDAO’s role expanding to govern a treasury and allocate funds for ecosystem investments and growth

For more information on the Governance Re-Vision, refer to this post.

CoGov Process

A participatory governance redesign performed collaboratively with the wider GoodDollar community via a 3-stage process:

  1. Mission & Vision
  2. Framework & Architecture
  3. Mechanisms & Tooling

For more information on CoGov, refer to this post.

Stage 1: Mission & Vision

The call focused on the mission and vision of GoodDollar governance and GoodDAO in order to achieve maximum alignment on the DAO’s purpose and the principles that will anchor all future design decisions. We used a FigJam board to generate ideas.

Group discussion centered around 2 questions:

  • Why should GoodDAO and GoodDollar governance exist?
  • What are the Mission, Vision, and Purpose (MVP) of GoodDAO and GoodDollar governance?

Given time constraints, we weren’t able to address the core principles and key governance stakeholders of GoodDollar governance—topics that we will discuss on future calls. I’d also urge all CoGov participants to post their ideas and thoughts below to keep the conversation going async!

Key Takeaways

Below are some of the ideas generated and discussed during the session

GoodDAO Purpose

  • Network of impact capital allocators, using GoodDollar’s infrastructure and active user base to coordinate funding for public goods across the broader ReFi ecosystem
  • Sovereign digital nation that exists to give its citizens the best public goods possible
  • Structure enabling participatory governance required of an inclusive, alternative monetary system
  • Vehicle supporting, scaling, growing the GoodDollar ecosystem

GoodDAO Vision

  • Supporting an economy that is both global and local
  • Building public goods that support an environment where private goods thrive
  • Attracting exponential growth of its ecosystem enablers

GoodDAO Mission

  • Grow G$ total value flow via UBI, credit, and incentives to ecosystem partners
  • Steward ecosystem by steering allocation of resources best aligned to its purpose

Core Tensions

  • Openness/inclusivity & effective decision-making
  • Global & local
  • Public goods & private goods

Future Discussion Topics

  • GoodDAO role and activities for 2026 (resources, decisions, responsibilities, etc.)
  • Pluralistic DAO structure where subgroups can make decisions on their specific area of interest & expertise (related: localized UBI)

Next Steps

Community

GoodLabs

  • Sam to draft a “North Star” document aggregating community ideas and post it to the forum for community review and feedback
  • Meri to share a calendar invite for the next two CoGov calls
  • Hadar to make his presentation from Devconnect available to provide context on GoodDollar’s new strategic vision
2 Likes