Blue Descent

Decentralized Social Collective Enterprise [DeSCEnt]
Blue Descent is the proposed name for the Premia Community Decentralized Organization as a first step on the formalized path to decentralized governance. It embodies the two-fold notion of our descendent line from Premia's Origins (Blue Aesthetic), but also symbolizes our community exploration of the deep blue undiscovered space that is DeFi.
The "DAO" acronym or neologism, is a reference that many easily understood to reflect the idea of a decentralized group of individuals, however it may be time to revisit this terminology as web3 is maturing. We believe a new protologism is needed to properly reflect the current state of affairs of growing crypto native organizations, and thus "DeSCEnt" was born. A decentralized social collective enterprise. Similarly parallel in principal to a dORG(BBLLC), DisCO, or DO; although not quite exactly the same in terms of future vision for what the Premia Ecosystem hopes to evolve into.
The path to governance will be a ~18mo process where additional protections and controls are folded into the structure as the community helps build out and ratify new constructs.
The Community Forum and Proposal Process is currently in development with end of year 2022 as the targeted timeline. However a brief outline of the proposed iterative approach is below.
It will consist of 4 Eras:
  1. 1.
    Pre-Foundation (Q4-2022)
    1. 1.
      Code of Conduct & Principles, Community Legal Liability Protections
  2. 2.
    Foundation (Q1-Q2 2023)
    1. 1.
      Onboard Tools and Proposal Applications (Commonwealth, etc), Elect 10 Community Members for first Ratification Council, Alpha Test Social Reputation, First Small Grant Fellowship, Governing Documents
  3. 3.
    Republic (Q3-Q4 2023)
    1. 1.
      First Elected Magistrate Class, Open Organization Creations, On-Chain Alpha Voting, Scale up Grant Fellowship
  4. 4.
    Empire (Q1-Q2 2024)
    1. 1.
      On-Chain Beta Voting, Elect Second Magistrate Class, Social Reputation Matures
The content of this page is subject to change as a result of experience, new information, changes in process requirements and the availability of resources.