Continuous Organization

Description

"A Continuous Organization is an organization that sets up a Decentralized Autonomous Trust (DAT) and gives it value by funneling part or all of its present or future cash-flows to it.

The Decentralized Autonomous Trust (DAT) is a specific immutable smart-contract that implements a bonding curve contract with sponsored burning to automatically mint, burn and distribute fully digital security tokens that we call FAIR securities (FAIRs). These FAIRs represent a claim on the future cash-flows handled by the DAT.

It is important to note that the DAT is not the organization; like an irrevocable Trust, it is a contract external to the organization." (https://hackernoon.com/introducing-continuous-organizations-22ad9d1f63b7)