5 ms·
yeah good luck collecting on your equity when the company you "invested" in gets sold. How will they guarantee that the stake I've bought in the company is decl
by valdiorn 10y ago
yeah good luck collecting on your equity when the company you "invested" in gets sold. How will they guarantee that the stake I've bought in the company is declared a legally mine? Will this ownership stand in a court of law?
- exposheet 10y agoYou're right, maybe someone on HN can give us more info
- rudolfix 10y agothere is a paper investment agreement signed with startup that says that certain shares are represented as a tokens in smart contract and whoever owns those tokens has shareholder rights (voting power, dividends) etc. so owning tokens is no different than owning shares. this paper agreement has a corresponding smart contract agreement (they are linked via hash) and together they protect our investment both on blockchain and in so called off-chain world
- zoe_adamovicz 10y agohello i just responded above. feel free to ask me more questions :)
- zoe_adamovicz 10y agohello @Validorn, I'm the CEO of NF. yes, this ownership will stand in the court of law. the ability to provide both classical legal and trustless-trust security to the investors is one of the key things of our IP and the innovation we have in our ecosystem of smart and legal contracts.