Managing CuBit™ to protect the interests of the DAO is a challenging endeavor. The use of the Company as a DAO Administrator is wise. Wiser still is the codifying of the agreement between the DAO and the Administrator into a smart contract on the blockchain. Additionally, requiring the Company use the CuBitDAO™ Asset Ledger to demonstrate its compliance with the Administrator Contract and putting the Asset Ledger on the blockchain is brilliant.
The CuBitDAO™ has taken unprecedented measures to make its operations in the interest of DAO Members effective, efficient, and transparent. We predict that others will seek to imitate this powerful and thoughtful approach to cryptocurrency management.