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RE: What if Community Ownership Was Tokenized

in Steem Think Tank5 years ago

Yes you are right.

But there is a VERY SIMPLE alternative.

If the owner account or management do not share the same value as the community (stake weighted? one account one vote? whatever other system), a new community can be created and everyone who agrees with its principles moves into the new community. There is the possibility to share the owner key between multiple members - that's already better than having one owner.

If the old management has no support, the old community will be dead.

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I think that's fine, but the only thing would be if there was a community token as well and people had bought it. It would be associated with a particular community. I know I'm just inventing Black Mirror scenarios at this point, but yea, that's where my head went.