• Why separate model (tokens & equity) fits DAO LLC and combined model (token = equity) fits Colorado coop (ULCA)?
  • What’s the advantage of DAO LLC?
  • I would imagine that in the coop you’d actually split equity (coop share) and tokens (patronage score)
  • Are there more existing legal-financial instruments, beyond patronage score, that captures the essence of contributor score (upside, non security, doesn’t have to be transferrable)
  • Are there more features for contributor tokens to not be treated as securities?
  • Are there other models for contributor compensation beyond utility tokens and patronage score?
  • Is there any other legacy (existing) legal vehicle that incorporates patronage score as an existing feature?
  • Are there other counties in which coops have patronage score, or is it only a few states in the US?
  • Is there such a thing as membership and membership fee in other legal structures other than cooperatives?
  • You haven’t really explained the combined token=equity model. Can you explain the legal structure, the fund raising method, the contributor instrument, etc?
  • Questions about the split model
  • Comments on slides