A project that gives no authority to a bountiful treasury and popular program is worthless to its token holders A project that gives full authority over an empty treasury and no program is worthless to its token holders In one version, you hope the project owners will eventually give its token holders access to the wealth In the other version, you hope the project will eventually be valuable All things equal, I place hope in people building something of value over placing hope in people eventually doing the right thing Choose integrity. Choose authority. Choose trust minimisation.