Potential Success Metrics

(Below is excerpted from a draft email to people who are looking at this project and providing feedback)

A good test of the DAOhub prototype approach would have objective success metrics and be capable of being conducted by different parties and still getting the same results. The thing being tested legally focuses on the formal legal status afforded by registering an agent for service of process in a state (and whether that is sufficient to do "real business"). One should be able to evaluate whether it worked according to relevant metrics connected to performance expected from functional legal entities. Relevant success criteria could include "was the DAO able to validly open a checking account with an FDIC Insured bank" for example. That would be a very legal test focus and connect to KYC and basic judgements about legal capacity to be sued, legal authority to transfer of funds, legal assent to account terms & conditions, legal consent to privacy terms, etc. The term "validly open an account" is a little circular, but but intentionally so because the focus highlights precisely those underlying building blocks and other assumptions upon which legitimacy of a legal entity is appropriately premised.

The business and technical focus would relate to transactional (in the contract and trade sense not corporate law sense of the word transaction) or perhaps business operations capabilities expected from an entity that "does business". I've brainstormed with Tim Hwang on performance tests suitable to evaluate a software bot's capability to conduct business in the past and can find/dust-off those notes as a start if people are interested to test business/technical capabilities in addition to legal status.