So in a way, this is kinda like a private multipool run by the majority of the poeple who participate. The people with the bigger number is their wallets gets more voting power. So this is kinda like a POS, but more productive way right? Those who hoose to sell their HOC reduces their voting power? Or am I reading it wrong here? The wallet address would be scanned for each poll?
That's a good overall assessment.
Everyone buys-in(a house seat). The funds are collected and put into a house fund. This fund can only be used if the majority of the house votes to access it. The more you invest the more coins you will get. The more coins you have the more voting power you have(with a maximum rule of 10%).
In the hypothetical assumption that the house decides to buy a "KNC ASIC Miner" shares will be allocated based on coin ownership. So the more coins you have the more profits from the "asic miner" you will get. This also transfers over to a hypothetical business venture. The more coins you have the more profits from that venture you will receive. This system incentivises the more active users. Active users will rise to the top and have more clout/power on how the houses' "funds" will be used.
Whenever there are decisions to be made. A house member will create a poll and get preliminary feedback on the raised proposition. If it goes to the final vote "house of polls" and it's not unanimous, a [HOC] address will need to be present along with a vote. Now an accurate vote count can be calculated(using a block-explorer to prove coin ownership percentages).