The blockchain can be used to enable distributed entrepreneurs, business implementation folks, application architects, and coders to evolve an application and earn a percentage of ownership of the application based on their contribution. While it may be quite difficult to assign value to each piece of a project prior to its implementation, an iterative process may be instituted whereby current owner(s) agree to:
- Allocate 95% of potential ownership to future owners of the DADE
- Allocate a percentage of the entire entity for an improvement or contribution of a component or portion of the project as determined by a vote of the current owner(s)
- Select a panel of three persons recognized as specialists in the component or portion of the project to serve as auditors of work product for a .2% ownership of the whole
- Blind selection by the panel of a candidate to create a work product based upon submitted work samples
- Blind evaluation of the quality of the work product by the panel ranging from 0% to 100%
- Assignment of the percentage of ownership proportional to the percentage of quality assigned by the panel
- Inclusion of the new owner into the determination of the next allocation of a percentage of the entire entity for a re-ordered or prioritized improvement or contribution of a component.
An owner may not serve as an auditor
An auditor becomes an owner upon completion of his auditing function
The auditing function is completed when 85% of owners agree the auditing function has been properly executed
The entrepreneur or founder posts a whitepaper to the DADE site
The DADE is encoded into a Smart Contract and offered via the DAO