most successful crypto projects begin centralized and become distributed over time. you can conceivably encode certain limits into the underlying LLC that phys

most successful crypto projects begin centralized and become distributed over time. you can conceivably encode certain limits into the underlying LLC that physically stewards the document (“the document may not be intentionally destroyed”, etc) and then have the shareholder decisions be held via crypto votes. the problems which remain are the same problems existing corporations have: e.g. what happens if the company doesn’t fulfill their shareholder obligations? existing law provides mechanisms for recourse. if ConstitutionDAO goes the route outlined above, it’s really not much different than ordinary corporation-based ownership, just with a more accessible/visible shareholder voting/discussion mechanism.