Tragedy of the Commons On Chain
FISH DAO is a game theory game used to understand how individuals will behave when given a shared resource. Players will vote on how much resources they should take. The data will gauge participation and health of the DAO.
Tragedy of the commons is a situation in which individuals with access to a shared resource (also called a common) act in their own interest and, in doing so, ultimately deplete the resource.
FISH DAO solves the problem by creating a transparent platform for participation. We can measure the health of a community. If there are no rules (no DAO), fisherman will over harvest. This game will enable a community to manage their own resource while still benefiting themselves. The rules (DAO), will be flexible. Up to the community to set.
This project will focus on Rival Non-excludable Common Resources.
There is a pool of fish. The pool of fish (ERC-20) reproduce at a certain rate. The more fish in the pool, the more they reproduce. Fisherman with fish are able to vote on how many fish they can harvest per day. Only fisherman who vote can harvest the catch (promotes participation).