RE: Is the eosDAC airdrop a form of vote buying?
Great video, thank you @lukestokes. I don't think that eosDAC has any malintent.
That said, the distribution of EOS tokens as dividends isn't the only way that this could be considered vote buying. Dropping the tokens, thus enriching people financially, while crediting this newly found wealth to eosDAC aligns their incentives to increasing the value of these tokens by voting in eosDAC as a BP. The success of eosDAC is now aligned with the token holders. It, imo, is an attempt to persuade people to not only pay attention to, but strive for their own financial success by voting for eosDAC. It's definitely not directly vote-buying since eosDAC token holders aren't required to vote at all, for anyone, and they can still keep/sell their tokens.
Issuing these tokens directly aligned the interest of potential voters (who hold these tokens) towards the success of eosDAC. I can see this in myself. I am more inclined to see eosDAC be voted in and successful now that I have a chunk of capital that could appreciate. If voting for either eosDAC or a diff eosBPC increased the price of EOS by the same amount, but voting for eosDAC could also increase the value of my eosDAC tokens by 20%, then i'm more incentivized to vote for eosDAC
Thank you for addressing this point in the video. I know that you guys are trying to "set the bar for what is acceptable", but I think it sets a bad precedent of offering financial gains for people to support a specific BP whereas using the EOS token to vote for a BP would create financial gains for the entire ecosystem.
Can you clarify this point?
sure. Since I have 2 tokens (eosDAC and EOS), i want both of them to increase in value and have a better chance of doing so by voting for eosDAC. The DAC token could appreciate (%-wise) much more than the EOS token b/c the marketcap is so much smaller.
It benefits me much more, financially, by voting for eosDAC rather than voting for the BP that may be better positioned to increase the overall value of the EOS token price (better team, better tech, more experience, better location, etc) thus increasing the overall system's value.
Voting for a "normal" BP aligns the value to increase for all EOS holders, a vote for eosDAC skews this to potentially place the incentive to increase it's token value over the main EOS token.
tl;dr - voting for EOSNY may increase the value of the overall token (than voting for eosDAC), but voting for eosDAC could increase the value of my dac tokens moreso.
again, this is just theory and I have no proof that any of this will actually happen. Just looking at it from an economics and incentive perspective.