Dominic Williams, the founder of Internet Computer (ICP) and DFINITY, has planned to speed up the end of the Russian invasion of Ukraine through smart contracts and $250 million worth of crypto rewards.
It has been reported that Williams‘ Wednesday proposal is focused on countering propaganda and informing the Russian population, who he suggests are in general “completely ignorant,” on the reality of what is actually taking place in Ukraine, which will then, in turn, spur them on to pressure the government to stop the conflict.
However, DFINITY’s Internet Computer was launched in May 2021 and is a public blockchain and protocol that’s trying to decentralize the internet.
“We should not hold out too much hope that sanctions alone will turn the Russian population against their leaders, for the simple reason that they control their media, which dutifully pumps out carefully-crafted propaganda and false information.”
The report said that the proposal suggests that blockchain technology and smart contracts could serve as a way to get large numbers of verified Russian citizens to watch “informative media” concerning the war together in virtual reality parties dubbed “people parties.”
The proposal added:
“Each attendee who proves personhood using the people party system is then identified to smart contracts as an individual human being. The system prevents cheating, such that on each run, a person is only able to attend exactly once. In this proposal, smart contracts would open a new crypto account for each successful attendee, which they can access and control using an Internet Identity.”
Likewise, to incentivize citizens, Williams proposes that crypto rewards in assets such as Bitcoin (BTC) and Ether (ETH) could be utilized. Each Russian citizen would be required to watch until the end of the videos as pin numbers tied to their accounts would not be unlocked until all of the content is consumed.
The $250 million sum suggested by Willaims is based on his recommendation to pay each participant $50 per video watched, with the hope of attracting five million Russians to watch the informative videos.
Thus, the plan relies on many contingencies falling into place. The most important is the internet staying online with no interference from the Russian government to facilitate such a grand plan.