Sorry, the reply to your two questions:
1\ The roadmap seems to use NFT as the governance and main participation community mode, why ?
In fact, this problem is complicated， it involves many aspects. it can be understood from the following points:
1）The community had previously airdropped, the NFTS that airdropped were clearly whitelisted credentials for subsequent official NFTS, which had to be fulfilled.
2）This is a question between the right of operation and the right of revenue. Since 2022, several DAO projects have emerged, but to this day, most DAO communities operating entirely on token as a single vehicle are not working well. It’s not DAO‘s problem, as far as I’m concerned, it’s a social histological problem：
Whether it’s a traditional partnership、limited liability company、or crypto project, organizations or groups that make a clear distinction between professional operating teams and ordinary participants are more likely to succeed.
Apple owes its success to Jobs’ fierce and intelligent pursuit of products; the success of Huawei depends on its special mechanism of centralized operation and management while decentralized income distribution.
Bitcoin has grown gradually, and not all the holders have been involved in the management. most of the miners just mine the token for profit. they also seldom propose BIP, most development and proposal work are done by BitcoinCore.
The prosperity of ETH cannot be separated from the ongoing existence of a group of contributors led by Vitalik, not all ETH holders.
Therefore, if a community simply uses tokens as the only carrier of operation, it will confuse the intelligence level of the crowd、interest demands、organizational efficiency and other aspects, and it is very easy to lead to the chaebol effect、a person with a large number of tokens to make a decision on any proposal or development direction that is only beneficial to himself. Or, when every currency holder feels like he or she is the boss and has unrestricted right to speak, there is a high probability that the end result is that no one can say anything. Assange DAO community has experienced a lot of chaos in the past half year, many strange and ugly phenomena have occurred. The primary reason is that there is no distinction between the roles of operations and ordinary participants.
Interestingly, I recently read an interview with Vatalik in which he said some similar logic:
《Moving beyond coin voting governance》
So, it is a better way to introduce NFT as a carrier for community development, operation and governance. people who pay attention to investment and Mr. Assange’s deeds can freely choose Justice tokens; who are willing to participate in community operations can use NFT as identity tags, and implement their talent ambitions by letting the community know themselves and entrustment by Justice tokens.
2\ How does buybacks benefit the community? somebody will run away.
If AssangeDAO community wants to provide more support to Mr. Assange and let more people know and pay attention to his deeds, the price of tokens must rise and the market value must grow; this truth has nothing to do with whether he is really supported based on ideal beliefs. In the same way, if the price of BTC or ETH keeps falling, no one will believe that the dreams of distributed finance and distributed technology will succeed.
As for the Treasury buyback, this is essentially a mathematical problem.
We assume that the treasury owns assets worth 1000 US dollars、and the current overall market value of community tokens is $100 now. when the treasury takes out $500 to buy back, even if some people sell tokens，the value of assets owned by the treasury maybe increase to $3000, and the overall market value of community tokens is likely to turn into 2000 US dollars. This is better than the treasury alone owning 1000 dollars in assets, but the market value of community tokens has shrunk for a long time. We should realise that Justice is an asset same as ETH. We should not treat them differently. If the treasury of the community itself cannot accept Justice as the main asset variety, how can others accept it?
As for those who will sell off, don’t worry, there are long-term and short-term investors in any project, who truly recognise and support Mr. Assange’s spirit will always join and stay.
In addition, this proposal, after the introduction of NFT, an incentive pool has been established for NFT holders, and the treasury must have a large number of Justices. current price is very low, which is the right time to buyback.
《Moving beyond coin voting governance》