4min chapter

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Partial Common Ownership/Plural Property: In Conversation with Will Holley, Graven Prest, Kevin Seagraves

RadicalxChange(s)

CHAPTER

Partially Common Ownership and Hardware Taxes on the Blockchain

Partial common ownership is a way of rethinking how control over something is shared or allocated. The idea is to create a property rights system where someone can control a scarce thing and the rules for controlling it require them to one set of self assessed value that they're willing to sell their asset. So you set yourself set value that is your for sale price, but it is also the basis for the calculation of a tax or a fee or some sort of percentage assessment on top of that. That's called it like that's people talk about as a self assessed tax.

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