Is the Nu ecosystem a DAC?

The Plaza
#1

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.

#2

yes, and yes

nu, the first operational peershare blockchain, aka DAC, was forked from peershares

#3

Here are some links to start reading about Peershares:
http://peershares.net/ and http://www.peercointalk.org/index.php?board=61.0
There is also a video link on peershares.net.

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