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> So some anonymous group is raising money to buy the constitution and in exchange you get voting rights? Which they totally pinky-promise will adhere to. Oh, a
by xur17 5y ago
> So some anonymous group is raising money to buy the constitution and in exchange you get voting rights? Which they totally pinky-promise will adhere to. Oh, and it's crypto, so it's a token.
I'm not sure what structure they are using, but in theory they could setup an LLC that was required to adhere to what the token votes on (within some predefined bounds). Projects like RealT have property ownership / dividends based on token ownership, so there's no reason something similar / legally binding couldn't be done for this.
- V__ 5y agoI agree, they definitely could, but the absence of any imprint or name behind this project makes me very much doubt it.