The information on the Ethereum site is clear and well formed, I am probably slow at getting it...
I want to issue a new crypto currency (named HoC) for our business to support a franchise model. However, after visiting the site I am not sure whether I need the Crypto-Currency or the DAO or perhaps both?
Currently, our team builds a tool and uses it to build mobile apps for clients. Our vision is to found more teams that will use the same tool in a franchise model, meaning a small percentage from each team's income will be payed for the services of supplying the tool and clients.
The crypto-currency is meant to serve the project in different ways:
- Incentive for the teams
Each new team will receive a fixed amount which will be divided monthly (cliff + vesting). This may increase commitment for the project.
- Create an inter-team economy Buying / selling / good-will-tips within the project's members.
- Special Rewards Allow the core team to give special bonuses to clients, teams or helpers.
- Allow voting rights Team members can vote on different issues regarding the project, the tool's development etc. Each member's voting weight is proportional to his or her holdings.
A schematic drawing of the business' long-term vision (2017):
It seems articles 1-3 can be done on top of Ethereum with the CryptoCurrency code while 4 requires DAO. Which way should I go?
Status note: I have downloaded the wallet and started mining Ether on the Testing environment.