Skip to main content

Quadratic voting captures how strongly voters feel about a policy or issue

by Futures Centre, Oct 4
2 minutes read

An alternative voting mechanism aims to capture how strongly members of the public feel about a particular policy or topic, beyond simple approval or rejection. In ‘Quadratic Voting’, voters are able to cast multiple votes, using a limited number of voting tokens over a certain period. The stronger they feel, the more votes they will cast. Voters use their voting tokens to pay to vote, and each vote is quadratically more expensive: 1 vote costs 1 token; 2 votes cost 4; 3 votes cost 9, and 4 votes cost 16, and so on. This discourages a single party from dominating the vote on any particular issue.

polling station poster on clear glass door

So what?

Quadratic voting has been hailed as a way to address governance problems in blockchain communities. The blockchain platform EximChain has built it into the software to guard against groups of individuals attacking a decision-making process.

It can also help governments identify what to prioritise out of a range of bills that are widely backed. For instance, when the Democrats came into power in Colorado in 2019, they used it to identify which policies to fund first out of over 60 bills, with a clear winner: Senate Bill 85, the Equal Pay for Equal Work Act.

How much more sensitive to our preferences might decision-making processes become, through a combination of new technology and new models for citizen engagement? And who will the winners be? Can new mechanisms support societies to become more equitable as governments respond to citizen needs, as the Colorado example seems to suggest?



by Futures Centre Spotted 1994 signals

Have you spotted a signal of change?

Register to receive the latest from the Futures Centre.
Sign up

  • 0
  • Share

Join discussion

Related signals

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies page.

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our 'Cookies page'.