Merge pull request 'extract: 2022-2025-azuki-bobu-governance-experiment' (#1174) from extract/2022-2025-azuki-bobu-governance-experiment into main
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@ -0,0 +1,36 @@
{
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"formal-on-chain-character-governance-produces-real-outputs-but-works-best-for-bounded-secondary-characters.md:stripped_wiki_link:fanchise-management-is-a-stack-of-increasing-fan-engagement-",
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@ -7,9 +7,12 @@ date: 2022-03-01
domain: entertainment
secondary_domains: [internet-finance]
format: report
status: unprocessed
status: enrichment
priority: high
tags: [azuki, bobu, on-chain-governance, community-ip, narrative-governance, fractionalized-nft, character-lore, dao]
processed_by: clay
processed_date: 2026-03-16
extraction_model: "anthropic/claude-sonnet-4.5"
---
## Content
@ -73,3 +76,13 @@ PRIMARY CONNECTION: [[fanchise management is a stack of increasing fan engagemen
WHY ARCHIVED: Most empirically grounded example of formal community narrative governance producing real outputs. 19 proposals, real creative work, 3+ year track record. Directly tests the "community-owned IP → active narrative architects" claim.
EXTRACTION HINT: Extract the SCOPE CONSTRAINT: governance works on bounded characters/spinoffs, not core IP. This is a key finding — it suggests the realistic near-term application of community governance is character/spinoff experiments, with full franchise governance as a longer-term evolution. Also: the "team proposes, community ratifies" early structure vs. the intended "community originates proposals" later structure is a governance maturity model worth extracting.
## Key Facts
- Azuki #40 was valued at ~$1M+ when fractionalized into 50,000 Bobu tokens in March 2022
- Bobu governance uses Snapshot for off-chain but cryptographically verifiable voting
- Bobu governance uses 1 verified holder = 1 vote (not token-weighted)
- 19 Bobu proposals reached quorum between 2022-2025
- Bobu governance outputs include: 'Bobu's Day Off' manga, Cold Nitro Brew merchandise, Bobu Kidz Books, plushies by Eranthe, 'Bobu Po-Lore-oid' illustrated polaroids, interactive lore on Sekai platform
- Azuki launched its own anime studio and produced 'Mizuki shorts' with millions of YouTube views (team-directed, not community-governed)
- ANIME token launched in 2024-2025 with 13% allocated to AnimeDAO governance