Human organizations that mirror the structure of SAFE?

People,

This is a very interesting discussion - thanks to Warren and others for the thought provoking ideas.

I have a non-profit company that is set up to do a particular job; it has a fair chunk of cash in the bank; I am concerned that after I am frozen that future Directors of the company might not be entirely ethical and prefer to pay themselves excessively rather than have the company spending money doing what it was set up to do. In current Australian Law (it will be pretty much the same everywhere else), once you die, your assets pass to someone/thing else - so basically I can’t prevent any bad decisions in the future - but what if I could pass my assets to a DAO that would continue to do the good, right, proper and ethical things in the future (as I hope I would do if I lived forever!). This raises some intriguing possibilities!

Regards,

Phil.

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