Cardano Foundation Updates Delegation Strategy

The biggest challenge facing Web3 may be the reliance on Web2 media platforms.

We expect any legitimate business to stand by its products. If an Amazon shipment goes missing, Amazon will replace the order at no cost to the customer. If a restaurant accidentally serves a salad with a fly in the dressing, then we would expect the salad to be replaced at no cost to the customer, and perhaps the whole meal would be complimentary. Businesses show their willingness to take responsibility for their mistakes by compensating affected parties financially in a way that is commensurate with the mistake because the basis of business relationships is financial.

The issue may be that profit is being considered more important than values.

Wouldn’t it be nice if your apology for the insult could be made more meaningful and sincere by “putting your money where your mouth is,” as respectable businesses would tend to aim to do, perhaps in the form of a delegation for a period of time that would help GNP1 to feel properly compensated for the misunderstanding, in order to smooth over and restore the relationship in an attempt to keep a valued, long term SPO customer, to put the concern in terms that may sound somewhat familiar to us as participants in a society?

Such a possibility would be much better aligned with the ideal that “Cardano is for everyone, including or even especially the disenfranchised.” That is why I propose https://github.com/paradoxicalsphere/cardano-improvement-proposals/blob/main/CIP-x/README.md

2 Likes