Yes, *precisely*
As lead clown, you precisely know:
Sock.it will then go on to build smart locks completely separately and profit off the sale of those. Transactions that those smart locks are involved in will use the USN and therefore generate small amounts of recurring revenue.
Anyone and everyone will then pile on creating devices and apps that interact with the USN, generating more revenue for the DAO.
At the heart of all this is the Ethereum Computer device that will also be designed by Slock.it and made open source so anyone can manufacture. This is a device that is similar in nature to the Bitcoin Computer that 21 Inc makes.
Actually, most of 21 Inc's use cases are similar to what the DAO + Slock is trying to do here. The main difference is that Ethereum can do these largely with on-chain contracts while 21 Inc is writing apps sitting beside the blockchain and interacting with it.
User: Stark
Date Registered: May 24, 2013
First Post: February 2016
Would you agree to a debate with AnonyMint on live chat video so he can demonstrate that you use words you don't understand?
User: Stark
Date Registered: May 24, 2013
First Post: February 2016