This was a great read!
Blake Lucas
11

You’re right. Through a Colony, someone can earn tokens which may act as a representation of ownership within that project (/company, /DAO). If those earned Colony tokens have a market value, or are listed on an exchange, they can certainly turn around and sell them. I suspect that for early stage projects there won’t be an obvious market for the tokens right away, so selling them may prove difficult. (Although I’ve spoken with people who are working on secondary markets for tokens.)

I don’t think legal entities will go away. They serve a purpose (limiting liability as one example). And you still have to abide by the laws of the jurisdictions in which you operate. But that aside, I think we’re in a transition period. You first have to build the tech to use the tech.

I think we’ll see a lot of new and experimental organizational models. The most common now may be C- or S-corps, but will that be true in the future? We’ll see…

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