Business Structure

When you start your own business, you need to do lots of different things before you begin. From the idea itself, you have to choose a location, finance the business, and find out what kind of business structure your business is. Depending on the type of business structure to which you belong, there is a specific corporate tax form that needs to be sent on this form. According to the US Internal Revenue Service, the five most common business structures are individual business owners, partnerships, companies, S companies, and limited liability companies.

In the traditional intensive world, what we call the "old world" business structure is called company, LLC etc. However, in the new world of block chain technology, Ethereum and SingularDTV, the new distributed business structure is called a tokenized ecosystem. The tokenized ecosystem consists of tokens that can be programmed with various functions and functions provided by the Smart Contract system. SingularDTV is an EnTech (Entertainment Technology) company that uses block chain technology to create a tokenized entertainment economy that supports content creators and consumers. The company provides tools for filmmakers, musicians and artists to utilize their own block chain technology to finance, distribute, and sell content in a peer-to-peer environment, traditional financial barriers and distribution mediation We eliminate people.

In the corporate world, the structure of the company has three "levels" or member levels (shareholders, directors and officers) and is the primary and most flexible form of the structure for supervising business operations. These structures have been widely accepted by regulators and companies around the world for hundreds of years. They proved that they work well in most situations, even though their creators are not perfect. In the world of block chains and encryption, there is a popular idea that claims to be able to "encrypt" "la DAO" (in its pure form), requiring a complete distribution of the protocol. However, adequate governance protection measures can not be abandoned as it is aimed at transferring value or deleting destructible agents from digital assets. In reality, the block chain technology and encryption model are still very immature and incomplete and will evolve in a precisely unpredictable way today.

Structure of ICO: Ignoring governance and consensus-like agreement mechanisms may have serious consequences - Case of Tesoth