Democracy renewed?

Libertarians like me tend to be rather sniffy about democracy, though usually rather reticent on what might replace it. We tend to reckon that the reasons it fails so badly is that whilst in the free market people are making lots of decisions all the time, in a democracy people have to make one decision affecting all sorts of things once every four or five years.

So, one is inclined to wonder about Your Party which is about to be launched:

It will ballot members online in order to come up with a popular manifesto. Candidates will be strictly bound by that manifesto.

And there will be a separate ballot for each issue and the policy will last no more than a year.

In other words (potentially) lots of decisions and not all at once.