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Interesting question. First it should be pointed out that holocracy and nearly every mimic or predecessor has proven to be failure every it has been tried.

But the concept of having pay be less linked to a specific role and more linked to what is delivered can make sense in an limited way.

Most people prefer to be lead. Most people prefer others to take accountability.

The most important superpower is helping others get the most out of their potential. It's a difficult and dangerous thing to measure and nearly impossible to properly compensate.

The badging system does have advantages- including encouraging initiative.

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