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Ask HN: DAO startup with shares based on commits

2 points by zavg ↗ HN
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

3 comments

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