https://kusama.subsquare.io/referenda/540
- Foundations focus on network value but may lack clear goals.
- Without profit motives, foundations can have weak accountability.
- Spending others' money without oversight often leads to poor results.
- Companies might be a better structure for alignment.
- A new proposal links tokens to company equity for better incentives.
- Tokens could represent legal rights in a public company.
- The goal is to create enforceable rules for token holders.