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🙋‍♂️Quadratic Voting

Use MOGUL to vote on the movies you want Mogul to finance and get rewarded

The Mogul voting contract uses a quadratic formula to calculate how many votes each MOGUL holder gets when voting on which film Mogul will finance.

The number of votes a MOGUL holder receives is equal to the square root of the number of MOGUL they have.

Benefits:

  • Smaller holders are given proportionally larger voting power compared to large holders

  • The voice of the entire community is taken into consideration rather than a minority of large token holders

  • Users are still encouraged to hold more MOGUL to receive more votes

Quadratic voting is meant to harness the power of the crowd so that everyone has a voice, regardless of the number of tokens you hold.

Read our full blog post for all the benefits of quadratic voting: https://www.mogulproductions.com/post/mogul-pioneers-blockchain-voting-with-quadratic-voting-for-hollywood-moviesarrow-up-right

Vitalik has been writing about quadratic voting since 2017 as the best solution for blockchain voting: https://vitalik.ca/general/2019/12/07/quadratic.htmlarrow-up-right

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