#have annual reports audited

1 messages · Page 1 of 1 (latest)

low cliff
#

Like in the business world, have an annual report which is audited.

This way, investors will get more information, which is verified by independent auditors (needs to be a big 4 firm) and we will adhere to the same standard as in the corporate world.

In relation to this, a quarterly earnings call for investors could be implemented, to discuss relevant topics, just as it’s done now in public companies.

By implementing above, we would be one step closer to having a transparent protocol with more room for relevant inputs, as it can be based on better information

mellow frost
#

The argument is that we are a DAO not a corp. if we act too much like a public company we will be regulated and taxed like one.

#

I’d also like more info and think we should be able to find a way to be even more transparent on the chain.