Decentralized Control

Element Zero has been structured with the intent to survive far into the future and be of benefit to the public versus small wealthy groups or shareholders. Element Zero’s structure is such that the control of the is shared with the public so that no far-reaching decisions can be made by only one individual or group.

1. Completely eliminate the options for dividends or benefits for shareholders and others. 100% of the income will be kept in the Liquidity Reserve. The company will have a small monthly budget of no more than 0.2% of the value of the reserve to fund the company’s operational needs.
2. Element Zero is organized as a non-stock membership organization controlled by stablecoin holders around the world. This is done in a way that each unique stablecoin holder will have the same right as others to vote and affect company decisions. Voting will take place using smart contracts.
3. Stablecoin partners such as governments, vendors, and companies, will act as directors with extra rights to act as part of a small committee that can make ongoing suggestions and vote for ongoing decisions which do not require a special majority. In the case of essential decisions requiring a special majority, the vote will be open to the public holders of those stablecoins. Jointer, as the founder of Element Zero, will act as director as well (like any other stablecoin creators), with a right of veto exactly like US, China, or Russia has in the UN in order to resist bad decisions that may arise over the years by other directors. An example of this would be the risk of turning Element Zero into a for-profit organization with share profits.