This has three ways in which ‘real world’ companies can use the power of tokens.
Loyalty schemes
Funding growth marketing spend
Broadening stakeholder base
Suggested changes to Maker governance include a constitution - thinking is relevant to governance generally.
Constitution: Helps removing the vision from everyday decision process
Council: Evolves strategy / consitution, taking this task away from general token holders. Council can be elected.
Question is we are reinventing the corporation/governments and if this is better
Interesting split or evolution of DeFi tokens with examples.
https://www.terminal.co/ - Dashboard of tokenized communities
https://forefront.market/blog/tokenized-communities-value
Communities drive production value, network value and ownership value
Having no production value (no product) makes communities feel like ponzis
“Network value is the random projects that get spun out of a community’s discord”
Revenue generation is at the core but tokens enable distributing that revenue