Ask HN: DAO startup with shares based on commits

2 points by zavg 1 year ago | 3 comments

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 1 year ago |

I 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 1 year ago | |

I considered using AI to evaluate more complex cases, beyond merely counting lines of code. However, the idea might be somewhat naive.

friendly_chap 1 year ago | | |

I 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...