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KaliBerger

$99.78 crowdfunded from 4 people

$52.85 received from matching pools

16%
average score over 3 application evaluations
LexDAO is developing KaliBerger, a tool for using Harberger Tax on ERC721 NFTs with Creative Commons licenses to encourage productive asset use and fund a DAO.

"Harberger Tax is an economic policy that aims to strike a balance between pure private ownership & total commons ownership in order to increase general welfare of society. It helps ensure that property is more productively utilised by the society, resulting in an increase of overall economic productivity and general welfare of society. It keeps the power of the market, whilst reducing the inefficiencies in how property is currently allocated. At a relative cost to efficiency in investment returns, it reduces the prevalence of monopolies that exclude society from an asset’s wealth generating capabilities." - https://medium.com/@simondlr/what-is-harberger-tax-where-does-the-blockchain-fit-in-1329046922c6

KaliBerger is a tool for creatives to freely try out Harberger's tax on their ERC721 NFTs.

Harberger's tax works as follows:

  • Owners periodically evaluate their property by giving it a dollar amount and pay taxes based on its value.
  • Potential buyers can force a sale by purchasing the property from the owner at any time.

Based on this set of rules, we, the legal engineers at LexDAO, is building a pattern that allows anyone to sell ERC721 NFTs with variable Harberger's tax rates based on the type of Creative Commons license selected, and when tax is collected, "BergerTime" is triggered and all tax revenues are automatically pooled into a DAO (specifically, KaliDAO) consisting of the creator and patrons.

To illustrate, creators may impose lower tax rates for more permissive licenses (e.g., CC BY) and impose higher tax rates for less permissive licenses (e.g., CC BY-NC). In addition, purchasers may also update the type of CC license for the duration of their ownership if they selected a different CC license from that set by the creators.

Lastly, we, the legal engineers at LexDAO, hope to enlist LexClinic's support and work with Creative Commons to draft and develop modified versions of CC licenses to better suit this NFT x Hargerber's tax x CC license arrangement.

For more, see https://hackmd.io/@audsssy/B1dG88tzT.

KaliBerger History

  • accepted into Token Engineering 1 year ago.
  • applied to the Token Engineering 1 year ago of which the application is still in a pending state
  • accepted into PDX DAO QF Round 1 year ago. 4 people contributed $24 to the project, and $53 of match funding was provided.

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