Comment on DAO Launch: April 12, 2026 by fengnu

fengnu · 4/7/2026, 8:47:45 PM · permalink

9 bumps

brokenclock2 · 4/7/2026, 9:02:46 PM · permalink

"Rather than coupling a personal identity and reputation with a physical person, in Joseon,

Denizenship is proxied through a special, personal interest corporation, or “Denizen”, a

special type of company that is both non-transferrable and is limited to a single physical

shareholder, and importantly, such physical shareholder is limited to a single instantiation

thereof at any point in time."

"Corporations, particularly closely-held ones, sometimes echo the reputations of its

founders or majority shareholders. The Denizen company is no exception."  
  
"Denizens act

as the legal entity of an individual and provide an opportunity to bifurcate its identity and

reputation from the physical person (where the physical person is, herein, a “Person”), at

the sole discretion of the Person."  
  
"Denizens allow Joseon to introduce a new social

"With the optional decoupling of a Person from a corporate identity, a Person is able to

build a reputation with its Denizen serving as the medium."  
  
"Should the Denizen’s

reputation falter or if the Person wishes to restart for any reason of any kind, the Person

can retire the Denizen and instantiate another, with the consent of the Ministry of

Denization."  
  
"The Denizen is, thus, a legally recognized pseudonym-as-an-entity providing

optional pseudonymity to Persons who wish to associate with Joseon through its

Denization."

2 bumps

brokenclock2 · 4/7/2026, 8:55:44 PM · permalink

3 bumps

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