• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
FinneyVote logo

FinneyVote

Total Users
- No data available.
Volume
The fiat value of incoming dapp transactions over a period of time
- No data available.
Contract Balance
The total fiat value of assets in a dapp's smart contracts
- No data available.
Category
Social
Blockchain
Ethereum
Language
- No data available.
Official links

News

Crypto Market: What Lies Behind Liquidations and Bitcoin ETFs InflowsAmid liquidations in the crypto market, Bitcoin ETFs continue to see inflows. Explore the observed trends in investments.
user avatar

Giorgi Kostiuk

2 minutes ago

Crypto Boom: Three Promising Projects on the HorizonExploring three projects that may lead the way in the next cryptocurrency market.
user avatar

Giorgi Kostiuk

2 minutes ago

Hedera Price Projections and Stellar (XLM) Growth Amidst New TechnologiesExploring Hedera's price predictions for 2025 and Stellar's current position in international payments.
user avatar

Giorgi Kostiuk

4 minutes ago

What is FinneyVote?

FinneyVote - the first decentralized forum to facilitate controversy. Proposers are rewarded for every controversy they create by stimulating it. The system operates a Decentralized Autonomous Organization (DAO) that profits from the sale of voting tokens.

Contents:

  1. How the FinneyVote blockchain platform works
  2. The economy of the Ethereum platform
  3. Additional information about dapp

How the FinneyVote blockchain platform works

FinneyVote drives out politicians by replacing them with ideas. By taking a position on a proposal, voters choose an argument to present their point of view. An uninformed voter can view the discourse and make intelligent choices in accordance with its values. Ethereum provides a stimulated decentralized network that mimics a fully programmable computer.

Accounts are identified by a public key and controlled by a private key. The ease of creating new accounts leads to a softening for open voting systems.FinneyVote

The value of FinneyVote tokens decreases over time along with the price of gas.

The economy of the Ethereum platform

FinneyVoters are certified with a one million deposit. The platform's token is called finny. Using a stablecoin finny will keep the registration cost constant. How does it work:

Account The cost of a finney can increase over time, making the registration cost high. Resilient coins will solve this problem, but requiring accounts to use stablecoins will slow down sign ups today.
Income Registered accounts earn 2 votes per day. You can only cancel your registration and get your finnies back after a week.

Individuals, interested in increasing the number of votes for their ideas, will bid a high amount. Such power users will accumulate "powerbanks" accounts in order to cast more votes for the proposal. Voters give the majority of votes to those who create controversy. They also give the majority of votes to the authors of the proposal. When half of the votes are awarded, they can be used twice. The DAO manager collects the difference and profits by selling the excess on an open market like EtherDelta. Moreover, users can unregister and go to the new registry. This approach is not preferred due to the huge transaction fees, required from users.

Additional information about dapp

The developers are currently improving the platform. The next update includes:

  • development of social networks;
  • Road map creation;
  • the emergence of contests and promotions.

For more information, refer to the White paper of the project.

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.