smrt16

There is such an open source project called SMRT16 -  https://github.com/SMRT16/SMRT16-Truffle-project This is a decentralized enterprise. Or better to say, it is most decentralized enterprise ever! It is published and the code confirmed on Etherscan here:  https://etherscan.io/address/0xdabb0c3f9a190b6fe4df6cb412ba66c3dd3e2ad1#code   So, let's dive in SMRT16 code and try to figure out what is what It does not have a head. No management, no main beneficiar - there is no owner, who gets the main profit. The company still supposed to generate profit for its shareholders and pay monthly dividends. Amazing thing is decentralized marketing of the company: it is a multilevel referral program. You can check the logic of it by following the  https://etherscan.io/address/0xdabb0c3f9a190b6fe4df6cb412ba66c3dd3e2ad1#code   and go to line #738: First level referral get's the 1/2, 2nd - 1/4, 3rd - 1/8 and 4th the last gets 1/16. Referral payments are instant - smart contract shares the price