very interested in the idea of tokenizing equity and making it programmable. imagine, for instance, that instead of getting paid dividends as a member of an LLC each quarter, you got paid dividends in real time when revenue occurs. incentives start to change contributor behavior quickly with real-time feedback

building @dau and @boostxyz to help app devs grow onchain with token incentives

onchain app dev, web3 consultant, and regen. I help my clients build, launch, and improve onchain products

I have more to learn for sure, biggest thing is the DUNA framework allows non-profits to incorporate as a DAO (with all the tax implications being one of the biggest issues still being worked out). It does allow fusing some of the traditional co-op attributes (democratic member control, member economic participation) with all the scale, speed, and programmability tokenization brings.

I wrote an article on this back in October, glad to send it your way if interested. Cool stuff to get into I’m hoping it really opens up opportunities stateside for us

curious to hear your learnings from this so far. i'd imagine tax is still one of the big issues.

big fan of this idea as well, also DUNA DAO co-ops are something I’m exploring

you can program knobs where a % of revenues goes towards dividends and another % goes to buybacks / treasury to reinvest in growth (and all programmatic) m

100%. In the same vein, real-time payroll. It would be so much better if your salary paid you every day, instead of the industry standard of bi-weekly / monthly.

Although the other part of me wonders if this is a business shooting itself in the foot: What's the incentive to make big long-term bets if the business is structured to only prioritize real-time performance?

Superfluid

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@fairmint is doing (i believe) exactly this