- 1.The organizational form is a distributed autonomous organization, not a company system.
- 2.Based on certain open and fair rules, the organization can upgrade the rules through governance.
- 3.The incentive of the ecosystem is based on Token, and the participants of the ecosystem can obtain various Token rewards.
- 4.Token holders jointly own the control and ownership of the organization, and can determine the development direction of the organization.
In regards to Number Four, it cannot apply in cryptocurrency network if you truely want a well Decentralized Network/system. If you base base that part on Satoshi's Bitcoin standard, you will easily notice it's incompatible. Bitcoin only requires you to run full nodes to take part in proper network consensus, and any participant can determine the development direction of Bitcoin as long as he/she can solve important problems.
A truely public network is too important to be left in the hands of few people with lots of money. It's more than a company, it's actually a Nation. Requiring citizens to own huge sums of money before they can take part in governance or determine the development direction of a Nation sounds like financial corruption to me.
So a true cryptocurrency network must not require people to own huge amount of money to be able to have a say in the network. They could try that on centralized companies.
Anyone should be able to easily take part in governance/consensus for the sake of decentralization.