I’ve often heard the term “distributed autonomous corporation tossed” (DAC) around, but have never been able to touch one or recognize one in the wild. As such, my perception on what a DAC may be incorrect/skewed. The way I see it, Nu has the following properties:
- it provides a service, Nubits.
- it allows people to hold shares, Nushares.
- shares can be used to make decisions that influence the manner in which the corporation is operated
- pays dividends
Also, is Peershares somehow related to Nu? I’ve heard this, but struggled to find much about Peershares.