What if Start-ups sell 20% of their equity to a Foundation Entity, give up a board seat to the nomiee director of the foundation and that foundation issues a token
I’m not a lawyer and it’s just a random idea I had while working on Meteora stuff
this requires a change in thinking - no more revenue buybacks for a "tie" to the biz instead, you trust the nomiee director to make sure that token-holder interests are represented in the start-up in a balanced way.
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