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Motivation
The Open-source Software (OSS) Governance model lacks an effective system for decentralized coordination and incentivization. This is a problem as it stifles innovation, impedes diversity of ideas, and fails to adequately reward contributors for their efforts, thus leading to a lack of motivation and potentially compromising the overall security and quality of the software.
Instead of this, a project using Git Consensus gains the following properties:
Transparent - Users of the project gain the ability to observe governance decisions. This allows them to understand the motivations of the contributors and the direction the project is heading.
Open - Anyone that has an interest in the project can now become a stakeholder, either by buying the token or by earning through contributions. This breaks the hard boundary between maintainers and non-maintainers of a project.
Accountable - Stakeholders of a project are incentivized to act in the best interest of the project, as they are now directly economically motivated to do so.
Sustainable - ERC20 is an already established standard, and any tokens used have an intrinsically comparable TOKEN_A:USD or TOKEN_A:TOKEN_B price, which can correlate to the perceived value of an OSS project. The ability to trade these contribution rewards can become a source of income to an OSS developer, which allows them to dedicate more effort into their work.
Secure - As stakeholders are required to come to consensus, the projects gains an addition secure supply chain guarantee: rogue or compromised maintainers are prevented from releasing malicious code to dependents. Any malignant behaviors they vote to take have a verifiable history, which will help prevent against supply chain attacks.
Distributing tokens as rewards (as described below) directly to contributors helps empower developers from around the world to earn a living by making improvements to the projects they care about.
On a more holistic level, this nudges humanity in the direction of coordinating through a collaborative process, a significant step forward for acting against centralizing forces of our world.