and another competitor..
http://www.startupbootcamp.org/blog/2015/july/fintech-sbcstartupoftheweek-otonomos.htmlhttp://www.otonomos.com/Introducing a New Vehicle for Human Ingenuity:
The Blockchain Chartered Company
Otonomos is engineering the world's first blockchain-chartered company, in which you hold your shares in the same way as owning bitcoins in a digital wallet."
No matter how dispersed your share ownership, our blockchain-native technology automatically updates your cap table and helps you govern your company using self-enforceable, smart contracts.
One thing I've noticed with this multitude of blockchain startups spouting off buzzwords is they promise the world;
everything is possible with their solution, yet at the current time the product is barely fleshed out beyond a concept stage. It's either a splash page contact form to request more info or a dead road to nowhere. Almost no working code. This particular example above charges a minimum of $800 for company incorporation (with a load of overpriced extras possible to add to cart). You can't do much else beyond that at this point despite how exciting the marketing blurb sounds. It's really reminiscent of the dotcom boom.
Speaking of smart-contracts, anyone know the ETA on counterparty's mainnet launch? I thought it was initially due in spring but there's barely been any discussion on it aside from a press release last year. I understand testing takes time but Colored coins and co have no smart contracting. I fear counterparty could lose ground on a huge asset it has with advanced smart contracting on the bitcoin blockchain.