Horizon State, the project which claims to be the future of voting and collaborative decision making saw its token price rise by almost 2,000% over the last month.
An Australian project, Horizon State is looking to digitize the ballot box using blockchain technology. This means any results obtained via their platform can be trusted and publicly verified. Horizon State believe they will lower the cost of Electoral Campaigns by a factor of 10. The whitepaper includes several estimates of the cost-savings the platform can provide, such as comparisons of Australian national elections, where the cost per voter was estimated at around $15, with a total of $227 million spent per campaign. Horizon State estimates its costs to operate a similar vote at around $0.50 per person.
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