Founders

Which do you folks prefer, profit share or equity?

This is one obvious area where tokens can be an alternative. Flexible, easily transferrable, ideally deflationary equity is an interesting way to reward early contributors / players / believers.

design @splits | /wireframe /latenightcrew /event-pass /feud

Past: PM at YC and a16zcrypto startups. /purple DAO member. Looking for my next opportunity. Running Duoverse Studio - https://www.duoversestudio.com

Co-founder & CEO at @morpho labs. Making financial infrastructure a public good.

I wouldn’t say so. I think they are only doing a token grant in place of equity, but @paulframbot will know better.

Indeed, the only thing that has value in the Morpho network is the token: community or investors dont have equity. Only a token.

One incentive, aligned with Morpho's mission and network growth. Simple.

https://warpcast.com/paulframbot/0x37ec18b9

Morpho Association legally, a shareholder-free entity, aligned with the DAO.

That said, DAO has also control over IP through ENS records

Crypto, China, Nashville, American politics.
Did the DeFi thing and then the DAO thing. 
doing things @ www.powerhouse.inc
Writing things @ www.doseofdefi.com



Awesome - does it have code deference to the DAO?

I'm thinking less about the code and more about the brand. As in, what if someone tries use the Morpho brand to solicit investment. Brands are valuable.

You need an entity (and the lawyers) to say, "you can't do that".