We are starting a social enterprise that is focusing on home oriented products and services - starting with real estate brokerage services. The profits from this organization will be used to battle homelessness. http://domogo.co/presskit (note the press kit just happens to explain the detail discussed here, its not meant as a link towards self promotion.)
One of our goals is to either decentralize ownership or spread ownership far enough that a few owners or shareholders can't later hijack the organization's purpose once it is producing revenue. At the same time however, we must maintain management structure so that we can compete against standard brands.
Our goal isn't decentralization in and of itself, our goal is to make the organization as trustworthy as possible and try to keep it as free from corruption as is possible. We would be pleased to be proven wrong but it seems at this stage there isn't a safe way to fully decentralize, however, it also seems that there might be ways to achieve varying degrees of our basic goal.
We do branding, marketing and business development and are quite clueless when it comes to Bitcoin, however, from our research it seems it may be possible to create color coins that could be tied to physical shares of the company. We could then distribute those coins to micro impact investors or individuals who have some skill set to add towards a collective operations board.
We would then want to tie voting on the "board" to the holding of a coin. Just for discussion let's say we spread out 100,000 shares to 100,000 people which would mean 100,000 possible board votes. Obviously we would need some mechanism in place to force voting or one would lose their coin/share...or something that would achieve the same purpose.
My questions are:
Is there a way to limit total possible holdings of the coin/share to say 1. I.e. the wallet couldn't hold more than 1 coin with the purpose of an individual only being able to hold 1 share of stock. Basically, we wouldn't want any single individual to be able to buy up or trade their way towards board control.
Is this too far fetched with current cryptocurrency technology or perhaps too cost prohibitive to create? (we don't have a massive budget)
Does anyone have an alternative solution to the same basic premise?
We are looking at more traditional solutions as well but feel this could be an interesting solutions that could effectively make ownership of a share as easy as downloading a wallet. This could be key as we would like for our beneficiaries to take on larger and larger control of the company as time went on. I.e. it needs to be just as easy for someone in rural India to own a share as for someone in London.
We are open to ideas and are obviously not experts in the matter, we would just like to find the most economical and safe approach to ensuring a few owners or shareholders couldn't turn Domogo into a profit for profit's sake corporation with a side effect of making it easy for those without birth certificates or similar paperwork to have access to the board.
Its a small thing we know, but if you leave your twitter handle the we'll send out a "thanks" to each responder.
@project_domogo is ours