ChainThink report, on December 12, Proph3t, co-founder of MetaDAO, a governance project in the Solana ecosystem, stated at the Solana Breakpoint conference that MetaDAO achieves true ownership on Solana through "ownership coins," primarily via two components:

Governance/Market Oversight Component: Similar to a DAO but less extreme. Proposals are submitted only 2 to 4 times per year, such as issuing new tokens for OTC fundraising rounds. Users do not vote; instead, they participate through trading activity.

Legal Structure Component: Prevents rug pulls. Founders transfer intellectual property rights to a legal entity, which is linked to the on-chain market system. If the business succeeds or is acquired, proceeds are distributed back to token holders—founders cannot retain all gains exclusively.

Proph3t emphasized that "ownership coins" address core pain points of traditional DAOs, providing real legal safeguards and enforceable ownership transfer for crypto projects.