What Kinetics brings is a new way to control a corporation. Using a counterparty token called KShares, you can purchase ownership of Kinetics & now access the company dashboard. This dashboard allows you to post proposals. A proposal is how you submit a new product idea, a complaint, a rule change or a vote on personnel changes, everything a company executive, board member or basic shareholder with voting rights has at all these corporations. Now using Bitcoin technology, you can store your ownership of Kinetics in your bitcoin wallet.
You can store you're BTC & KShares on one address, this same address is used to login to the company dashboard using Airbitz Edge Login. The proposals are listed on a stream that feels very similar to Twitter & Instagram. The proposals that you submit become cards that anyone can see, click on to read details & vote on using their KShares. These KShares can be purchased and sold on any Cryptocurrency exchange and any DEX or Decentralized Exchange. This process allows anyone with $1 to own Kinetics, submit changes and propose new products or directions the company should take.
A proposal will initially take 51% to become what is called a resolution in the corporation. In a corporation at the board room meetings, when a proposal is voted on and agreed to, a resolution form is created and signed. This is now essentially a new law within the corporation adding to or modifying the company bylaws. When a proposal becomes a resolution, a smart contract automatically moves the funds into multisig wallets for the projects and organizes a series of documents to organize the project using automation. This will allow the company to instantly be changed by the masses who own and operate it. Imagine paying $1 and writing a proposal, and the Shareholders voting on it to become a resolution. Now you paid $1 to dictate how this corporation works, but it only works with consensus just like Bitcoin itself. Kinetics can be modified by you.
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