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here is the idea:

we assign a set of unique tokens to a company and then we allow people to buy some tokens and get partial ownership of that company. How can I achieve this? I was thinking of using ERC721 to create a non-fungible token for the company but I want a set of tokens not just one token.

Any suggestions? Thanks in advance.

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You want partial ownership, so start with ERC20 tokens where total supply == 100% ownership. Other properties are materially different, therefore need a different token contract. Consider a contract factory to issue fractional ownership tokens for properties as they come online.

This project raises challenging concerns, so the foregoing is not presented as a complete solution; just a response to the question posed.

Hope it helps.

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  • Thank you so much for the suggestion. What do you mean by "Other properties are materially different" – SSS Jul 8 '19 at 18:23
  • I think perhaps I read more into the question than seems to be there on second read. I meant to say shares in company A are materially equal (fungible), but if there are other companies, shares in company B are materially different from shares in company A. In such a case, you would use different ERC20 contracts for each company. – Rob Hitchens Jul 8 '19 at 18:35
  • Oh i see. That's really good point. I didn't think about that before. – SSS Jul 8 '19 at 20:34

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