Horatii Partners, DAO Entities & the Svandis Research Community
Tags: Token Sale, Updates, Decentralization, Dao, Blockchain

Horatii Partners, DAO Entities & the Svandis Research Community

How the Svandis Research Community & Platform benefits from the DAO expertise of Horatii Partners

As noted in our previous announcements, Svandis has established a strategic partnership with Horatii, a leading group of international consultants focused on blockchain advisory and use-case planning.

Horatii is specifically known for their ongoing work in assistance and planning in the area of Decentralized Autonomous Organizations (DAOs). A DAO refers to the concept of moving beyond traditional systems into a new form of organization altogether.

Within a DAO system, decisions are enforced transparently via a smart contract and collectively voted upon by token holders (whether tradable ones or earned via actions/reputation) or by automated rules previously set by the community.

Vitalik Buterin describes a DAO as “an entity that lives on the internet and exists autonomously, but also heavily relies on hiring individuals to perform certain tasks that the automaton itself cannot do.”

Though not a complete DAO entity, the Svandis Research Community will leverage many beneficial DAO components as a means to increase trust in data and information, autonomy of operation and governance, and economies of scale.

Svandis Community Researchers are incentivized with Svandis tokens ($SVN) for submitting, verifying, and mining data. Submittable data from the Research Community may be qualitative (e.g., news, information from AMA or events, rumored partnerships, etc.) or quantitative (e.g., a new crypto-project has a circulating supply of X, hard cap is X, etc.).

Expanding upon the logic of a simple decentralized transaction, a DAO allows participants to interact with (and even modify) previously set rule structures that determine incentives and involvement, while holding open the possibility for transparent interactions with other organizational staff. This next-level evolution in blockchain concepts is entirely within the overall organizational structure that Svandis aims to emulate through the research community. At the very core of Svandis, the entirety of the platform is built upon the concept of community-sourced and corroborated information, supported by reputation-based verification and professional data analyzing.

Crowdsourced/owned organizations (e.g., Svandis, Numerai, Genesis DAO) can enable entities to pool resources, talent, knowledge, etc. at a critical mass and more rapidly than could be found in typical centralized ownership structures. Svandis believes that a hybrid model of data collection, with automated data mining (see the Svandis DataMining App) and a crowdsourced data collection/verification quasi-DAO entity, is a schema that will become increasingly prevalent over time with centralized, data-contingent companies and tech incumbents, such as Google, Facebook, and Bloomberg L.P.

Cem F. Dagdelen — A Sailor and a DAO Researcher

A key to the Horatii partnership is the ongoing involvement of Cem F. Dagdelen, a managing partner at Horatii. Cem is providing ongoing process planning of the Svandis ecosystem, specifically from a decentralized governance perspective and how it applies to the possibilities of rewards and rule integration. Cem is a hands-on leader and advisor in blockchain entities leveraging the governance and benefits of decentralized autonomous organizations. Cem is quite vocal on his opinions of the industry and how he feels effective experimentation can identify the proper methods of infrastructure design and development.

Starting out as a sailor at age 9, Cem has been working with DAOs and decentrally governed companies as a researcher, advisor, and investor, including DAOstack and Ryhope Network. Working closely with the Svandis team, Cem believes that the Svandis’

“hybrid approach to data collection and verification is going to be massively impactful for the crypto-research market, particularly traders and investors. The Svandis ecosystem has the ability to incentivize positive participation in a crowd-driven ecosystem that will help decelerate the accelerated subjectivity and misinformation of the crypto-information market.”

Cem F. Dagdelen, Managing Partner at Horatii Partners, Advisor at Svandis.

“The conscious question to which we have arrived with the propagation of crypto-economic use cases is ‘Where do we bring markets?’. Markets make sense in certain contexts and can be destructive in others. When it comes to decentralized governance the question becomes: ‘Where do we take democracy?’ As with markets, there must be a clear value presented by introducing governance to a particular application. So players now have to convincingly answer ‘Why do you need governance?’ after the famous ‘Why do you need blockchain?’

Follow Cem F. Dagdelen (@CemFDagdelen) and read up on his research on Medium.