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If you're at all familiar with how shares are traditionally divided in a business, then you'll realize this is no trivial matter. If you want to think of an ind

If you're at all familiar with how shares are traditionally divided in a business, then you'll realize this is no trivial matter. If you want to think of an individual operating agreement or charter as an "implementation," then the complex negotiations, armies of lawyers, rounds of iterations, and continuing amendments to these documents are a lot like a huge enterprise app. What happens when we decide, like businesses, that we need new classes of shares? Who gets paid first? Who has "voting rights"? What's the process to to pursue remedies if you feel you've been cheated, or that the "board" (project owner and his lackeys) has operated in bad faith to defraud share holders? This is a complex issue even before you hit the psychological problems that others have already raised. What I'm saying is that shares can't really divided in a trivial, algorithmic way. I like the idea in theory, but I think it's impossible to correctly implement.

ErrantX 17y ago
Actually I wasnt thinking anything like as complicated :) The divison would be based on awarded "shares" - so we're not talking stock exchange type shares (dont worry, I play the markets :) Im genned on realistic shares) but "share of the donation" After I posted the original message I realised it was misworded. The project doesnt get X shares to divvy up. Rather share count is "infinite" and the project owner hands them out (either by automated means or manually) to others. So if 10 people contribute and each gets 1 share they recieve 1/10th of the donation pot (after costs etc.). If the owner wants a "share" they must give themselves some ;)
- pmichaud 17y ago
  What you were thinking and what the system would eventually become are two different things. I'm saying the inevitable consequence of a system like that would be the scenario I described. Do you think company stocks started out that complex? No, they started out as an intuitive way to divide the profits of a business operated by multiple people, just like your intuitive way of dividing profits from a project built by multiple people. Edge cases presented themselves, conflicts arose, opportunities for individuals to maximize profit came to light, and thus was our current system grown.
  - ErrantX 17y ago
    ok fair points; I assumed you were pointing out flawqs based on the model I mis-represented. Im not 100% sure I agree the problem would be as dramatic/bad as your presenting though.

ErrantX 17y ago

Actually I wasnt thinking anything like as complicated :) The divison would be based on awarded "shares" - so we're not talking stock exchange type shares (dont worry, I play the markets :) Im genned on realistic shares) but "share of the donation" After I posted the original message I realised it was misworded. The project doesnt get X shares to divvy up. Rather share count is "infinite" and the project owner hands them out (either by automated means or manually) to others. So if 10 people contribute and each gets 1 share they recieve 1/10th of the donation pot (after costs etc.). If the owner wants a "share" they must give themselves some ;)

pmichaud 17y ago
What you were thinking and what the system would eventually become are two different things. I'm saying the inevitable consequence of a system like that would be the scenario I described. Do you think company stocks started out that complex? No, they started out as an intuitive way to divide the profits of a business operated by multiple people, just like your intuitive way of dividing profits from a project built by multiple people. Edge cases presented themselves, conflicts arose, opportunities for individuals to maximize profit came to light, and thus was our current system grown.
- ErrantX 17y ago
  ok fair points; I assumed you were pointing out flawqs based on the model I mis-represented. Im not 100% sure I agree the problem would be as dramatic/bad as your presenting though.