Solana Ecosystem MetaDAO Innovation "Ownership Tokens": How On-Chain Markets and Legal Structures Address DAO Challenges

【Crypto World】At the Solana Breakpoint conference, MetaDAO co-founder Proph3t shared an interesting idea—using “ownership tokens” to realize true project ownership on-chain.

Rather than the traditional DAO voting mechanism, MetaDAO employs a different logic. First, in terms of governance and market oversight, there are only 2 to 4 proposal cycles per year, such as major events like funding rounds or new token issuances. But participation here is not based on voting weight; instead, it involves direct trading—token holders express their views through market behavior. This approach sounds much simpler.

More importantly, it features innovative legal structural design. Proph3t mentioned that founders will package and transfer intellectual property rights to an on-chain entity. The clever part is—if the project succeeds or is acquired in the end, all proceeds automatically return to the token holders. Founders can’t take all the benefits alone, and rug pulls are effectively prevented from the source.

Proph3t emphasized that this model directly addresses several pain points of traditional DAOs: the lack of genuine legal protections and unclear ownership transfer. “Ownership tokens,” combined with transparent on-chain market mechanisms and legal constraints, give crypto projects real, tangible security.