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Why? This is exciting. There could be a way to prove your identity without revealing it using zero knowledge proof on the contracts. I'm seeing some of these
by searchableguy 5y ago
Why?
This is exciting. There could be a way to prove your identity without revealing it using zero knowledge proof on the contracts.
I'm seeing some of these pseudonymous companies take the form of a DAO with DAO members having say in how the tokens (funding) is distributed so the founder doesn't control 100% of it.
The investors would also be part of the DAO and can vote on proposals. Distribution of funds can be controlled through smart contracts.
It will make the landscape diverse too. There will be less biases for investors when they can't know the identity of the founder. This is making the place more inclusive.
Also, I think Sam Altman wanted to do something similar which he started with the community.
https://www.hyperscalefund.com/ https://www.hyperscalefund.com/