DG Value | Web3 Concept |
|---|
| Some entity would publish and maintain the protocol which anyone could leverage to publish funding requests and fund project Most projects start out with a centralized entity leading the development (xyz Labs) and over time move towards a more decentralized model (a DAO). There is a conceptual model for progressive decentralization which we could leverage. There is some precedence for investment groups that are organized as DAOs. See the LAO for more detail.
|
| Web3 projects issue tokens which are akin to equity; token holders can participate in governance and have a claim on the earnings of the protocol. The entity which runs the platform can establish thresholds for how many tokens are available for different types of stakeholders (developers, farmers, funders, etc.). Note, some of this can be achieved through the operating agreement/ shareholding in a “traditional” org as well.
|
| Easy to create fractional shares of financial assets Assets are programmable and composable which means third party developers can easily integrate funding platform assets into their own apps (eg, an e-commerce merchant can easily have a portion of product sales go towards supporting an FPO funding request)
|
| |