Accra Credit Union Loan of 500 bitCNY to dao-street.
Accra Credit Union shall lend 500 bitCNY to “dao-street” at a rate of 5% A.P.R. Term of days to be extended by agreement of both parties. Day 1 to begin today August 4 at 2 pm UTC.
The following stake-holders assented to this agreement:
@accracreditunion
@masterroshi,
@richforever, &
“nelson-hunt”
The objective of this enterprise is to create a stable and secure money market with a focus on fostering local community. This can be achieved in a digital setting by distributing permissions throughout a network. A member-owned capital collective (A DAO) can extend credit to ventures with consensus. Decision making is tied to representatives of stake-holders, or alternatively, the stake-holders directly. Stakeholders elect their executive officers based on their level of commitment to the network.
If you want to join these stake-holders and more in the next round of capital – credit formation send 1 steem to the following address: @accracreditunion
It is good to know that Nelson-Hunt is taking part of this development.
What is DAO Street going to use the funds for? Are all of these accounts controlled by distinct individuals?
FYI, I've been thinking about icons for DAOst and Twentix, going to put together some sketches soon.
Master Roshi and Richforever are two individuals. Nelson Hunt is a collective of individuals.
Look forward to seeing what you're thinking
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Very cool ... I like it!
Thank you for your continued support of SteemSilverGold
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@john-robert more articles will be?