Episode Details

This story was originally published on HackerNoon at: https://hackernoon.com/ownership-coins-cryptos-answer-to-broken-token-holder-rights.
Explore how ownership coins and decision markets could replace traditional governance tokens with enforceable onchain ownership and alignment.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #dao-governance, #ownership-coins, #decision-markets, #metadao, #futarchy, #onchain-governance, #crypto-governance, #tokenomics, and more.

This story was written by: @0waves. Learn more about this writer by checking @0waves's about page, and for more stories, please visit hackernoon.com.

The article argues that governance tokens fail because they rarely grant meaningful ownership or enforceable rights. It introduces ownership coins as an alternative, combining onchain treasuries, decision markets (futarchy), and token holder control over governance, capital allocation, and liquidation to better align founders and investor