PEAR - Pre-entity agreement for... remuneration?
Basically I quit my job to explore an idea and you give me $30k and I either incorporate (in which case you get n%) or decide to get a job (in which case you get n% of my monthly salary with a 1x cap).
1/ Crypto’s biggest potential impact to society is in sustainably distributing wealth, capital & ownership to a larger % of the world.
This is also its biggest risk: crypto can exacerbate inequality if it is not made accessible to everyone—especially those who need it most.
Fun fact: Crypto inequality is *significantly worse* than traditional wealth inequality!
The top 1% of Americans own 30.4% of total US Wealth.
The top 1% of Crypto users own 80%+ of total Crypto Wealth.
"Crypto makes us all owners" is a narrative being driven by crypto elites.