Vitalik proposes a new creator token scheme, experts question: DAO governance issues may cause the plan to fail

ETH3.96%

ChainCatcher News: Ethereum co-founder Vitalik Buterin recently proposed a reform plan for creator tokens, arguing that the current issue is not incentivizing content creation but rather filtering high-quality content. He suggests that a curatorial DAO should decide which creators are important, with tokens mainly serving as prediction tools, allowing people to bet on which creators the DAO will choose. Ultimately, it is not speculators but high-value content creators who will rise or fall.

Experts have differing opinions on this view. Oxytocin, head of the Umia ecosystem, pointed out that the plan introduces a certain level of welfare creation through prediction markets but still lacks an appropriate off-chain execution mechanism, making it impossible to ensure long-term consistency among creators. Marcin Kazmierczak, co-founder of RedStone, believes that prediction markets not only create speculation but also facilitate informed discovery, incentivizing people to find quality rather than chase attention metrics. Neil Staunton, CEO of Superset, remains skeptical, questioning whether a DAO can serve as an arbiter of creative quality and whether creative works should be tokenized.

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