Swarm Targets Blockchain Governance in Platform Pivot

Swarm is pivoting toward decentralized governance, a decision that finds the project shifting away from its original focus on distributed crowdfunding.
The move follows the release of a research paper commissioned jointly with DATA’s Constance Choi and Harvard Berkman Center research fellow Primavera de Fillippi that suggested distributed collaborative organizations (DCOs), which utilize cryptographic tokens to denote membership in a decentralized organization, are among the ‘crypto 2.0 models’ that are unlikely to attract negative attention from US regulators.
The subject has been fiercely debated in recent months, following rumors the US Securities and Exchange Commission was seeking to crack down on projects that sell cryptographic tokens.
However, Swarm CEO Joel Dietz indicated that with this legal due diligence completed, Swarm is now focusing on encouraging other groups to create “collaborative networks” by providing a suite of solutions that allow its users to issues tokens for organizational management.
Dietz told CoinDesk:

This post was published at Coin Desk on April 27, 2015.