I am starting work at a DAO (distributed autonomous organization).
Governance is done with a token and all votes are on the block chain. "Departments" ask the token holders for a budget and must get buy-in to get their proposal approved.
Everything is public because there is no legal entity to hold anything private. All payments to any address's are visible on the chain and can be easily traced.
As an engineering group we recently sat down to discuss what budget we would like to request which required us to specify how much each person would be receiving from the treasury each month we found that everyone preferred the transparency of knowing how much each person or position was making and people felt that their pay was more fair when they knew that it meant how it matched up with other engineers.
Governance is done with a token and all votes are on the block chain. "Departments" ask the token holders for a budget and must get buy-in to get their proposal approved.
Everything is public because there is no legal entity to hold anything private. All payments to any address's are visible on the chain and can be easily traced.
As an engineering group we recently sat down to discuss what budget we would like to request which required us to specify how much each person would be receiving from the treasury each month we found that everyone preferred the transparency of knowing how much each person or position was making and people felt that their pay was more fair when they knew that it meant how it matched up with other engineers.