GOV8 Proposal #11: Provide 50,000 DAI to fund the creation and initial development of the Lexicon governance platform

Forum link here.

Proposal: Provide 50,000 DAI to fund the creation and initial development of the Lexicon governance platform

Lexicon is our code name for a set of tools for managing decentralized governance. The initial idea was to just provide a way to manage HOPR Association and HOPR Community Trust governance, but on talking with legal advisors and other projects within crypto, it became clear there is an opportunity here for this to grow beyond the HOPR ecosystem and fill a much-need gap in web3.

Entities to be governed would register on Lexicon, and legal templates would also rapid establishment of legal entities in appropriate jurisdictions.

Governed entities would be matched with the relevant token holders and the platform would automatically implement their chosen processes, customized from a wide range of parameters. Token holders would connect their wallet and Lexicon would display relevant governance options based on their holding.

Lexicon would provide moderation, auditing and legal services. It would also provide opportunities for community members to be remunerated for their governance work while retaining their privacy, neither of which is possible without a legal wrapper.

This funding would be used to cover legal costs, setup costs and fund the initial development of prototype modules which can be used to apply for web3 grants.