3 ms·
Many invest in private companies through DAOs and crypyo token. So I don't get your stock market difference.
by searchableguy 4y ago
Many invest in private companies through DAOs and crypyo token. So I don't get your stock market difference.
- TekMol 4y agoThis is the first time I hear about something like this. Can you give an example?
- MacsHeadroom 4y agoAll governance tokens are essentially common stock with voting rights. $GRT for The Graph, for example. All DAOs are essentially corporations. But not all are legally registered corporations. "LAO" (Legal Autonomous Organization" is the moniker for legally registered DAOs. There's a few thousand Ethereum based LAOs listed on this site: https://aragon.org/aragon-govern https://aragon.org/aragon-govern
- LittlePeter 4y agohttps://aragon.org/aragon-govern https://aragon.org/aragon-govern seems to be a landing page. There is no list of thousands of LAOs. Is it hidden behind some link perhaps? Also you explicitly say LAO instead of DAO. Under which country's jurisdiction does the LAO fall?
- mccorrinall 4y agoNot OP, but Telegram has its own token and there are also tokenized stocks on FTX. I actually use the latter one, since my income isn’t large enough to take a margin loan at e.g. InteractiveBrokers (they require 75k€ annual income) to participate in moves of Tesla. Please don’t tell me about European derivatives like KnockOuts and Warrants. These are more expensive than a margin loan on FTX.