As representatives of the World Foundation, we are honored to join the Optimism Collective as active participants in governance through the Chain Delegation Program. Our mission, to realize more inclusive, fair, and just institutions of governance and the global digital economy, aligns with Optimism’s vision, and we are excited to contribute to the Collective’s ongoing efforts in developing and expanding a decentralized, scalable infrastructure that benefits all participants within the ecosystem.
Our Mission and Vision
World Chain, a blockchain designed for real humans, aims to build the world’s largest identity and financial network as a public utility, giving ownership to everyone, and enabling a truly global economy accessible to all, transcending geographic and economic barriers.
Why We’re Here
The alignment between World Chain’s goals and Optimism’s vision is evident. We recognize the transformative potential of the Superchain in scaling solutions that can drive positive global progress. Our participation in Optimism Collective’s governance reflects this shared dedication to advancing innovation that benefits humanity as a whole.
World’s Reach
- Over 23 million people in 160 countries use the World App.
- Since its launch, 83 million transactions have been performed on World Chain, with the vast majority of them coming from unique/verified people.
Our Approach to Governance
World Foundation will engage in Optimism governance guided by the following principles:
- Scaling Solutions: Supporting proposals that enhance the scalability and efficiency of the Optimism ecosystem.
- Human-Centric Innovation: Encouraging developments that prioritize real-world utility for humans.
- Collaborative Development: Contributing to shared infrastructure, scaling, security, and interoperability within the Superchain ecosystem.
- Open Cooperation: Fostering collaboration and knowledge sharing among all participants in the Optimism Collective.
- Open Source: Championing proposals that promote open source development and transparency within the ecosystem.
- Decentralization: Prioritizing initiatives that strengthen the decentralized nature of the network and empower individual participants.
How We’ll Participate
- Active Engagement: We will actively contribute to governance discussions, drawing on our experience in scaling blockchain solutions for millions of humans.
- Informed Voting: Our votes will be guided by thorough research, ensuring they align with the long-term objectives of Optimism and World Chain in driving blockchain adoption.
- Community Outreach: We will work to bridge the gap between everyday users and the Optimism community, fostering dialogue and collaboration.
Our Commitment
World Foundation will:
- Support public goods initiatives that advance decentralized identity and financial inclusion, in line with our core goals.
- Support developers and the Superchain vision, through World Community Grants.
How We Will Vote
World Foundation is committed to responsible and transparent voting practices within the Optimism governance system. Our approach to voting includes:
- Voting Power Limit: We will limit our voting power to a maximum of 9% of the total voting supply. Prior to any voting activity, we will carefully calculate our voting power and subtract any delegation to ensure we remain within the 9% cap.
- Delegation Team: Our voting decisions are made by a dedicated team consisting of four individuals:
- Two members with relevant technical expertise in blockchain and decentralized systems.
- One member with specialized knowledge in governance practices.
- One member bringing legal insights into protocol development.
- Consultation Process: For proposals requiring specialized input, we will engage relevant teams within the World Foundation to ensure a thorough evaluation and informed decision-making.
- Transparency: We will communicate the rationale behind our voting decisions in our delegate thread, providing clear explanations for our choices and fostering open dialogue with the community.
- Community Input: We will create Sybil resistant mechanisms leveraging World ID for World’s community to have their opinions considered when voting on proposals. We will share our learnings from these experiments with Sybil Resistant voting, which we believe will prove valuable to the Optimism Collective as a whole.
This structured approach ensures that our voting practices align with our commitment to decentralization, research-driven decision-making, and community engagement within the Optimism ecosystem.
We are excited to join Optimism Collective, combining our focus on human-centric blockchain solutions with the transformative potential of the Superchain. Together, we aim to build a world that is not only optimistic but also inclusive and empowering for humanity at large.
Please share your feedback in this thread. Dialogue is essential to collaboration, and we look forward to hearing your thoughts.