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Sounds exactly like a tontine to me and I should know. (Founder of https://tontine.com https://tontine.com)
by rundmc 5y ago
Sounds exactly like a tontine to me and I should know. (Founder of https://tontine.com https://tontine.com)
- 0x000000001 5y agoThat does sound similar except you'd have younger employed members making money to add to the pool of equity and also working on self sustainability like farming to feed the members. Not all members in the aforementioned org lived together past the 1970s or whatever; they often were sent to live and maintain on properties the org owned all around the world.