4 ms·
Well that would depend on the token and its implementation details wouldn't it. If you own x% of the pool you get a voice at the table with x being adjustable.
by nrhk 9y ago
Well that would depend on the token and its implementation details wouldn't it. If you own x% of the pool you get a voice at the table with x being adjustable. Or alternatively all the small token holders can choose a rep or series of reps to vote on decisions on their behalf.
- Robotbeat 9y agoAgreed! But now you're talking about changing the structure of the business somewhat. That is no longer "mere" tokenization. Something along these lines could work.
- Nuzzerino 9y agoSingularityNET.io uses this approach somewhat: > "Democratic Governance. Although token holders will not have equity or voting rights in the Foundation itself, they will be allowed to vote on specific decisions affecting the Platform. The decisions subject to holder vote will be limited at first, but will eventually expand to a point where the token holders and the Foundation share nearly equal control of all aspects of the Platform’s functionality. Even in the Platform’s early stages, following the token sale, token holders will be able to rate the AI Services they use, affecting the success of those services and providing feedback that is necessary for the service to improve. This role further contributes to the continued improvement of the Platform and its offerings, without any involvement of the Foundation."
- Robotbeat 9y agoIn a coop, the members have full voting rights in all aspects. This is the better model.