a11, founder of Malibu, on why the ownership token model fits Malibu perfectly "I love the ownership idea, I think it's the right fix to the problems crypto tokens and projects had before ownership. We're exploring this and decided to make the Malibu token an ownership token, because it makes complete sense for our case" "Compare it to joining Bitcoin very early, in 2011 or 2012, and becoming a miner. You support the network, provide your capacity and hardware to make it grow and run, so you become an owner in a sense, you feel like from the early days you helped make the idea happen. For us, AI is very close to the mining concept, it's a running algorithm and you make a proof of that work, proof of work back to the golden age" "So the ownership token makes perfect sense. Anyone who joins as an ownership token holder becomes a provider, a miner for Malibu. You help the network grow, and your reward is in the ownership token. That's what we're building toward, ownership is what we love" FT @_aug11_ @malibuonbase

"The holder of the token is really an owner" a11, founder of Malibu, on how ownership tokens complement the Bitcoin model "What I spoke about with Bitcoin is the early days feeling, where you become a part of a network. Obviously you don't own it in that sense, it's for everyone who is using and who is mining" "But what I said about the ownership concept is that it fixes the part where there is a legal structure, IP rights, and the holder becomes a real owner. Bitcoin is great, it is, but if you go to more crypto projects they ended up like dead tokens, you cannot do anything" "Ownership is the best solution for that, both on the legal side, but you also have the governance markets. Then you really have the process, as an owner, to drive that network forward, where you see it going, where it's not going. So the voting actually makes sense here" FT @_aug11_ @malibuonbase

Join the best NSFW discord server🥵 -500+ channels -100+ Hentai channels -50TB Porn/Hentai -Homemade videos -OF Models/Animations/Custom requests