There are a variety of basic structural options that the
FCFL could use for vote allocation. It
doesn’t appear that this decision has been finalized yet, but they have given
some hints what they’re considering.
That said, I’m going to run through some possibilities, without
initially focusing on which I think they’re likely to adopt.
One token, one vote: This would allocate voting power
directly proportionally to the number of tokens held by each fan. This is likely the simplest and easiest
approach to understand.
One token, one vote with premium for large holders: This
would be similar to the basic ‘one token, one vote’ except with added influence
per token for large holders. This has
the benefit of providing lots of incentive to purchase large numbers of tokens
and of rewarding one segment of FCFL’s ‘best’ customers.
One token, one vote with penalty for large holders: This
would be similar to the basic ‘one token, one vote’ except that each
incremental token beyond a certain level would be worth less (in terms of
voting power) than previous tokens. This
has the advantage of limiting how much influence large token holders are able
to wield.
Voting power based on ranked holdings: This would give votes
based on where each fan ranked as a holder of FAN tokens. For example, if 5 people held tokens, the
largest holder would get 5 votes, the 2nd largest holder would get 4
votes, and so on down to 1 vote for the smallest holder.
Voting power based on tiers of ranked holdings: This would
be the structure that most closely resembles a poker tournament. It could look
something like this – the largest holder gets 5 votes. The 2nd through 4th
largest holders get 4 votes. The 5th
through 15th largest holders get 3 votes. The 16th through 100th
largest holders get 2 votes. All other
holders get 1 vote.
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