Thread: Sports Card DAO
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Old 12-29-2021, 05:43 PM
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Peter Spaeth
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Quote:
Originally Posted by Lorewalker View Post
So I get the part where we all get the privilege of paying for fractional ownership but as has been asked numerous times, which of the fractional owners takes possession of the card? If there is truly no central person or persons controlling the company who takes possession and assures the safety of the card?

Seems very sketchy to me and fraught with potential for threats of litigation but at the least lots of disagreements and disappointments. Hard enough to be in accord with a spouse imagine how many disgruntled owners there will be in situation like this?
Who decides what to buy and what to pay, or when and what to sell, and through what venue, and for how much? I wouldn't be comfortable delegating all that control to someone and at the same time if everyone votes on everything it would seem unworkable.
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