Thread: Sports Card DAO
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Old 12-28-2021, 03:11 PM
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maniac_73 maniac_73 is offline
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Join Date: May 2012
Location: Santa Clara, Ca
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Quote:
Originally Posted by x2drich2000 View Post
So without a central entity in charge, who takes physical possession of the asset? Who is responsible for up keep and handling (i.e. insurance, handling sales, organizing owners wishes, proposing when to sell, etc)? Maybe I'm missing something or just don't understand the relationship between the physical and electronic tracking, but seems like it would be an easy way for someone to just disappear with the items.

The practice would be to propose and vote on this using the community discord based on the proposals made within the group. Everything is put to a vote and all members vote based on the rules set out in the terms of reference. In theory it’s a complete transparent democracy which is what makes it attractive because the owners have the power.


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