milesjennings
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It’s very straightforward to have a single asset governed and controlled by an entity whose sole goal is to maximize the value of that asset.
The problem is that asset is called a “share of stock”, not a “network token”.
The problem is that asset is called a “share of stock”, not a “network token”.
The end of crypto's foundation era is here.
New policy (CLARITY Act), emerging structures (DUNA), and smarter tooling (BORGs) enable better systems — better incentives, accountability, and decentralization.
My new post on why it’s time to move on from foundation structures👇
New policy (CLARITY Act), emerging structures (DUNA), and smarter tooling (BORGs) enable better systems — better incentives, accountability, and decentralization.
My new post on why it’s time to move on from foundation structures👇
The SEC’s 2021 token safe harbor proposal introduced control-based decentralization.
Today, we proposed steps to bolster it—enabling progressive decentralization while preventing get-rich-quick schemes.
Key Premise: Expand market access as risks of info asymmetries decline.
Today, we proposed steps to bolster it—enabling progressive decentralization while preventing get-rich-quick schemes.
Key Premise: Expand market access as risks of info asymmetries decline.
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