Democratizing Rare Pepe Curation
Summary: The Rare Pepe Foundation is on their way out. This is a formal proposal for how to democratize curation of Rare Pepes in a way that is a continuation of the existing ecosystem. Two Rare Pepes are selected each week to be added to the canon, where one is selected by pepecash-weighted voting, and the other by weighting of pepe card ownership.
Votes are divided into two separate categories, where one is weighted by held Pepecash, and the other is weighted by ownership of Pepe cards. In the case where votes are weighted by pepe cards, each card is worth the same number of votes. A cardholder who has a fraction of that card’s ownership gets that fraction of that card’s votes.
Voters sign a sha256 hash of a message of the following format:
Where the block number is within the week’s span (it acts as a monotonically increasing nonce to prevent replay attacks), and the hash represents the hash of one of the submitted images that week.
Someone suggested a system where a card is selected randomly, and each vote is a ‘ticket’. This removes part of the ‘guarantee’ of buying priority, making it more of a statistical gamble. The concern here is that it would occasionally allow low quality or ‘bad’ pepes through without a filter.
When voting, consider adding the possibility to vote-cancel. Instead of voting for something, you can vote against something. This allows activist pepe card and pepecash holders to deprioritize racist/illegal pepes without needing to make a choice as to what should supersede them. To mitigate the risk of ‘vote hopping’ at the last minute, the last hour (or some timespan) of T2 can be reserved for cancellations or movements from votes to cancellations only.
Perhaps T2 should be longer than 24 hours, and the cancellation period (T3?) expanded.
Since voting FOR something you want is always more effective than voting AGAINST a competitor, the existence of cancellation shouldn’t be gameable. It's always an inefficient action for someone trying to get a card accepted, so it's only useful when you vehemently disagree with some pepe.
If a burn has been made with a particular memo in the past, the address that first burned to it is the only address that can burn in future weeks with that memo.