Fnalysis.
Decentralization
5,000 people bought 100 acres in Wyoming to "build the city of the future," and none of them legally own it
CityDAO raised over $8M to acquire the land and let "citizens" vote on its future. The catch: legal ownership sits with just 8 multisig signers, not the thousands who vote. Decentralized on paper, less so in the property registry.
Source: Belfer Center (Harvard) →Eight signatures, zero neighbors.
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