Hey this is brilliant - good stuff. Quite a bit of stuff I didn't know in there after six months of being involved in #SolarCoin. And the SolarCoin Foundation is a US Public Benefit Corporation - interesting. Given that the whole SLR ecosystem depends on the SCF distributing the coins, I wonder - from an investment point of view - are they obliged to do that? Perhaps by some sort of consitution?
I’m not entirely sure if distributing the coins is an obligation. A public benefit or B Corp is expected to turn a profit by its shareholders unlike a not for profit which has no shareholders and makes no profit. It’s seems more like part of the business model than an obligation... a % of SLR are owned the the SLRF to cover running costs.
I see. Quite an important issue if future solar builders are going to base their financial projections on SLR.