Yeah, this seems very similar to how a Colony is envisioned to run, with a few extra considerations:
Each colony's native tokens act as a representation of equity as described above (more or less), entitling holders to a 'rewards' disbursement periodically - but they also may be employed by the colony for mechanisms of governance in the case of token-weighted voting.
Additionally, whenever someone makes an amount of tokens, they also are awarded an equal amount of reputation, which cannot be transferred and which decays over time. This score also confers influence in the colony for voting and dispute resolution, if the members of the colony wish to make their voting reputation weighted, or some combination of reputation and token-weighted.
Finally, to claim rewards, a user needs to have both reputation and tokens - this means that tokens themselves don't immediately entitle one to rewards; only those who actually contribute meaningful work to the colony (as evidenced by their reputation score) are entitled to proportional rewards.
Each colony's native tokens act as a representation of equity as described above (more or less), entitling holders to a 'rewards' disbursement periodically - but they also may be employed by the colony for mechanisms of governance in the case of token-weighted voting.
Additionally, whenever someone makes an amount of tokens, they also are awarded an equal amount of reputation, which cannot be transferred and which decays over time. This score also confers influence in the colony for voting and dispute resolution, if the members of the colony wish to make their voting reputation weighted, or some combination of reputation and token-weighted.
Finally, to claim rewards, a user needs to have both reputation and tokens - this means that tokens themselves don't immediately entitle one to rewards; only those who actually contribute meaningful work to the colony (as evidenced by their reputation score) are entitled to proportional rewards.