My name is Rei Melbardis, I spend my time working on a project called Nexus Mutual, creating an alternative to insurance.
I heard about what you guys are doing from the Token Economy and Week in Ethereum newsletters.
We’ve been building for about 2 years on the basis of many concepts similar to COs - a continuous token model based on burning and minting depending on actions taken by the members, as well as creating a link to a real world organisation.
We’re incorporated in the UK as a discretionary mutual - a membership organisation based on spreading risk amongst the members. We have received approval from the FCA - a branch of the Bank of England - to use the protected ‘mutual’ name in the title of our company. Would love to talk to you guys about the legal work we’ve done.
We got into the space originally by realising that smart contracts are a way to bring back scalability to the original models of insurance - a community spreading risk amongst themselves, rather than the existing adversarial relationship between policyholder and large institution. In particular, there is potential to solve many problems around scaling of trust and capital raising.
An actuary by training (and previous profession), I work on almost all aspects of Nexus Mutual other than the Solidity code: finance planning and token economics (currently getting involved in some stochastic modelling work using MATLAB), docs pages, helping out with the product side of UI/UX, partnerships, conferences, even some basic marketing.
And, “Organisations” (based in England, so this is clearly the correct spelling ^_^). However, will not begrudge you guys if you choose to go with the American version in the end.