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RE: The Solarity

in #solarcoin6 years ago

From a developer point of view, first thing would be to assess the risks around the SLR revenue. A few questions, therefore: who are the SolarCoin Foundation (since they issue the coins)? What is their responsibility to do as they say they are going to do - i.e. issue the coins? Do they have a legal requirement to do this? How would it be enforced? I don't know much about the requirements or legal foundation of a, er, Foundation - can anyone help?

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Good points, thanks. Yes, I'm sure organisations committing large sums to solar would like as many reassurances as possible. I note the draft Community policy document says "SolarCoin was created in 2014 as an open community project run by volunteers and the founders of the SolarCoin Foundation, a Delaware (U.S.A) registered Public Benefit Corporation." https://en.wikipedia.org/wiki/Benefit_corporation

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