Can I propose there is a drafting process, with the draft constitution published to see what the community response is? Might slow down the TC a bit, but it’s not been a foot race so far anyway.
Arguably might speed things up to get more brains on the subject?
On balance, I trust the TC, with only one caveat. I’d like to see a commitment to community contribution and voting governance capability retained somewhere in the constitution. And maybe that roles in the new DAO have a sustainability responsibility, whatever projects or public goods initiatives are being run.
Setting aside the band, Black Flag, which has been around since 1976, I note that the black flag has been a FAMOUS anarchist symbol since the 19th century. I don’t have a problem with that, but I hope you understand what this is saying. The name suggests that you are not merely bankless, but now stateless as well. If that’s the message you want to convey, well then crypto anarchy FTW!
Bankless has always been stateless tbh, and the black flag has been used by revolutionaries long before anarchy became organized (LOL) as a political philosophy in the 19th century. One common theme tho is people have tended to use it to either signify opposition to something (it’s typical usage) but also in support of something (we, as pirates, won’t kill you). The duality of the black flag is something I love tbh, and hits the ethos i think we’re going for…we are against legacy, entrenched financialism, but also in support of a collective efforts to build the world we want to see.
gm, we will seek feedback from the community on the final draft, but not open up a drafting process as what was done w/ the original Constitution. And as the case with the current Constitution, there will be processes for later amendments that the community decided upon.
I’d suggest you spend time on the Forum to get up to speed. We were rugged by Bankless last November, and there is no appetite from current members to retain the name or associated imagery. Agreed it’s a great name for the reasons you suggest, hell it brought many of us here b/c of the powerful imagery, but the split is done and there’s no going back.
The stewards of this project are worthy and vetted. The objective is well understood. The limits on authority are unclear. This attempts to help clarify, and by very nature of a transition council, the authority has a bound on tenure. Empower them to meet the need, and success will surely follow.
Thank you for your support.
It’s early days, but in the governance meeting this morning we chatted about membership based on dual requirements of a small financial contribution (redeemable if the person leaves) and some sort of social approval layer.
The TC is yet to discuss it in any detail and ideas from community members are welcome.
The TC hasn’t taken up the issue yet. It’s first on the docket if/wen we get BANK holder ratification. My personal views haven’t changed in a broad sense tho; imo we need some form of economic buy-in (a membership fee) and social consensus for new members.
EDIT: ooops sorry for the duplicate response; didn’t see trew’s comment above until after i sent it!
Unfortunately this is where trademark law conflicts with common sense. There are reasons NOT to name squat on common words (xref superhero, because you end up excising large chunks of the language (see booking.com) … powerful names get their memic resonance only through repetition and association over a long period of time, it doesn’t spring full form. Unlike other intangible property rights, there is an element of audience feedback … see the pushback over attempting to trademark zkSync.
Accordingly, to balance all the parties, rules have evolved to accommodate the different interests such as localised commonlaw usage or overlapping concurrent use. In particular trademarks are restricted to classes so you can have Bankless in news reporting which doesn’t prevent someone else from using Bankless in consulting. And there is always the exit to community of letting it lapse / diluted to become a common phrase (cf Xerox).
So whilst it may be nice to lay claim to language, asserting the legal rights of exclusivity globally takes an incredible amount of $$. As always, different countries have varying interpretations so get legal advice from bar-qualified lawyers in your jurisdiction b4 investing into a rebranding exercise.