To me seems strange, the question itself about a form of government.
October 2017, in which the authors of the project Asgardia want to launch their first satellite is not only the 60th anniversary of the first satellite, but also the 100th anniversary of the October revolution, the anti-monarchist at first, and in my understanding of one event is the direct consequence of the other. Why pull out the light openly reactionary?
But for nookratic technocracy – to avoid perspectives of the usurpation of power by techno-oligarchy, as in the novel "Aelita" by Alexei Tolstoy, 1927 (there is Martian Supreme government structure called the Supreme Council of Engineers, and in fact a dynastic autocracy with elements of theocracy), to make some additions to the procedure for the selection of candidates for responsible positions. In addition to the previously mentioned IQ and the factor of competence, they need to determine another indicator. Let's call it, for example, "coefficient of altruism".
There are already many studies of these factors, including their genetic sources (meadow and steppe voles, hamsters now, it seems, and people allocated to certain groups of genes). But the rules of the game of Asgardia people cannot be discriminated against for an innate genetic (i.e., independent of their conscious choice) featured. Remain the results of computer psychological testing.
For a candidate for the position of Asgardia objectively a certain ratio of "altruism/selfishness" in an obvious way should be more than 1.0.
Otherwise you will get an usurpation of power clever scoundrels, from which it will be very difficult to get rid of legitimate ways. So, one of the most famous swindlers of the late XX – early XXI century, Boris Berezovsky, was formerly known mathematician, academician of the USSR. Such people are easy to pass any formal technocratic criteria, but then they will destroy and plunder everything that is possible, in their own interests.