I am trying to understand how this DAC will function.
I believe BSM would be the most similar of the currently projected DACs, but I was wondering if anyone else could help expand on this to allow me to get a better grasp and explain the creation and functions more clearly to interested parties.
I can see the similarities to BSM as far as issuing shares and value based on quality/demand, but how could differences between free ebooks and for-profit physical books be easily handled?
I'm guessing the ebooks (if in demand) would help increase the value of shares, while physical book sales profits can provide dividends?
Would consumers be accepting of ads placed in free ebooks?
If done tastefully and selectively, I'm guessing this would also be a profitable form of revenue that could also pay dividends?