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Ask HN: DAO startup with shares based on commits
What do you think about the new kind of model to build startups together (disclaimer: I am just thinking loudly)
It is a DAO on blockchain.
- When investing money directly you receive some shares of equity
- When doing commits to repo you receive some shares as well
- Other activities (like marketing, copyrighting, etc.) could be measured and converted to shares as well
- friendly_chap 1y agoI think the idea is fairly cool, although it's hard to come up with a way to judge contributions. How would you solve the legal part? In the end a business entity would still need to own things. Would you perhaps sync ownership from time to time from the DAO to the real world?
- zavg 1y agoI considered using AI to evaluate more complex cases, beyond merely counting lines of code. However, the idea might be somewhat naive.
- friendly_chap 1y agoI think that makes sense, AI could be used to evaluate and score the importance of contributions imho. In fact this is probably a business idea in itself...