- Main event, leadership changes, market impact, financial shifts, or expert insights.
- MetaDAO introduces legal ownership coins for Solana governance.
- Ownership coins provide legal protection and ownership transfer to token holders.
At the Solana Breakpoint Conference on December 12th, MetaDAO co-founder Proph3t introduced ‘ownership coins’ for enhanced governance within the Solana ecosystem, ensuring true ownership through a novel legal framework.
This model addresses issues in traditional DAOs by providing legal protection and ownership transfer, potentially boosting confidence and investment in Solana-based crypto projects.
MetaDAO’s Innovative Ownership Model Promises Legal Protection
Proph3t presented the “ownership coins” concept aimed at enhancing token governance. The approach introduces governance and legal components, stressing intellectual property transfer to a legal entity. This ensures proceeds from business success are redirected to token holders, not just the founder.
Proph3t shared during the presentation, “unlike these useless coins that are launching on platforms like believe uh you actually have real ownership here so we use the Marshall Islands DAO LLC which is a legal entity purpose-built for DAOs that gives the token holders legal ownership over uh the intellectual property.”
Market observers have expressed interest, noting that the model’s legal foundation could mitigate risks associated with rug pulls. Proph3t emphasized this design could foster authentic community engagement, driving robust ecosystem growth. Community voices have positively acknowledged its potential to reshape governance dynamics.
Solana Hits $138.45 Amid Legal Coin Developments
Did you know? Roughly 77% of governance token holders in traditional DAOs report dissatisfaction with unmet ownership expectations, highlighting the potential impact of MetaDAO’s legal ownership coins.
As of December 12, 2025, Solana (SOL) reached $138.45, with a market capitalization of $77.78 billion according to CoinMarketCap. Its trading volume dipped 18.02% to $5.32 billion over 24 hours. Over 90 days, SOL’s price fell 42.81%, reflecting volatility in the crypto market.
Experts from the Coincu research team speculate that MetaDAO’s initiative could shift investor focus towards legal safeguarding in crypto projects. These efforts could underpin financial stability, encouraging regulatory discussions on secure token ownership. Data underscores evolving trends in DAO governance frameworks and reinforces blockchain authenticity. Learn more about the Breakpoint 2023: Solana’s Premier Conference and its impactful outcomes.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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