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RE: What if Community Ownership Was Tokenized
Yes, it will work like Steem currently does, but Communities introduce a new variable. There is an account that "owns" the community and has total control. Over who can post in the community, who can become an admin or mode etc. What I'm talking about is tokenizing THAT ownership. Not the stake in the community that would come from an SMT.
I think that the owner is the one issuing the SMT and so the largest shareholder, in a way the ownership is already tokenized. If you are the owner and you sale all of your tokens you are no longer have any control at the economy of the community. But you have the control of the social side. Now this could be tokenized, i dont know. Maybe an inside team token could be issued and create an economy among the team members like curators, moderators and other roles. Interesting stuff:)