{"id":2348,"date":"2024-08-29T01:08:09","date_gmt":"2024-08-28T22:08:09","guid":{"rendered":"https:\/\/www.gokberkcan.com\/?p=2348"},"modified":"2024-08-28T02:36:20","modified_gmt":"2024-08-27T23:36:20","slug":"menkul-kiymetimsi-jeton","status":"publish","type":"post","link":"https:\/\/www.gokberkcan.com\/?p=2348","title":{"rendered":"Menkul K\u0131ymetimsi Jeton"},"content":{"rendered":"

Kripto varl\u0131klar i\u00e7inde a\u00e7\u0131k ara favorim menkul k\u0131ymet jetonlar\u0131 (bu \u00e7eviri de en az sevdi\u011fim, security tokens).<\/p>\n

Kripto varl\u0131klar\u0131n temsil etti\u011fini iddia etti\u011fi finansal \u00f6zg\u00fcrle\u015fmeyi en iyi \u015fekilde temsil edebilecek bir \u00e7\u00f6z\u00fcm. Merkezi otorite ve ona \u00f6zel ba\u011fl\u0131 kurumlar olmadan, \u015fah\u0131slar ve \u015firketler \u015firketin sermayesine ve k\u00e2rl\u0131l\u0131\u011f\u0131na ortak olabilir. <\/p>\n

B\u00fct\u00fcn bunlar\u0131 yazarken kafamda iki temel varsay\u0131m var:<\/p>\n

    \n
  1. \u0130hra\u00e7 eden \u015firketlerin sahipleri\/y\u00f6neticileri d\u00fcr\u00fcst.<\/li>\n
  2. Yat\u0131r\u0131mc\u0131lar yeterli finans\/muhasebe bilgi ve deneyimine sahip.<\/li>\n<\/ol>\n

    Fakat tan\u0131t\u0131m yaz\u0131lar\u0131n\u0131 okumaya ba\u015flad\u0131\u011f\u0131n\u0131zda i\u015f de\u011fi\u015fiyor.<\/p>\n

    Yat\u0131r\u0131mc\u0131y\u0131 sermayedar kabul eden b\u00fct\u00fcn ihra\u00e7lar\u0131 menkul k\u0131ymet jetonu olarak kabul etmemiz gerekir ki bu noktada baz\u0131 uygunsuzluklar g\u00f6ze \u00e7arp\u0131yor:<\/p>\n

      \n
    1. Yat\u0131r\u0131mc\u0131ya oy hakk\u0131 verilmiyor. \u201c\u0130mtiyazl\u0131 hisse\u201d diyebilirsiniz. Bu durumda temett\u00fcn\u00fcn \u00f6denmesi gerekiyor. Baz\u0131 ihra\u00e7\u00e7\u0131lar bunu da g\u00f6z ard\u0131 ediyor.<\/li>\n
    2. Oy hakk\u0131n\u0131n mevcudiyeti de \u015firket y\u00f6netimini kapsamayabiliyor. Blokzincir \u00fcst\u00fcndeki se\u00e7imlerde kullan\u0131lmak \u00fczere vaadi var ancak y\u00f6netim alaca\u011f\u0131 kararlara m\u00fcdahale hakk\u0131 vermiyor.<\/li>\n
    3. \u015eirketin resmi ortaklar\u0131n\u0131n paylar\u0131 ve \u00fccretleri zaten tart\u0131\u015fmaya a\u00e7\u0131k de\u011fil.<\/li>\n
    4. Sat\u0131lmam\u0131\u015f hisselerin ne olaca\u011f\u0131n\u0131 anlatmayan vakalar s\u00f6z konusu.<\/li>\n<\/ol>\n

      Bu durumda birinci varsay\u0131m olmadan yola devam etmemiz gerekiyor. Yani, y\u00f6netime fikirleri i\u00e7in para laz\u0131m, yat\u0131r\u0131mc\u0131n\u0131n ne d\u00fc\u015f\u00fcnd\u00fc\u011f\u00fcn\u00fc \u00f6nemseyen yok.<\/p>\n","protected":false},"excerpt":{"rendered":"

      Kripto varl\u0131klar i\u00e7inde a\u00e7\u0131k ara favorim menkul k\u0131ymet jetonlar\u0131 (bu \u00e7eviri de en az sevdi\u011fim, security tokens). Kripto varl\u0131klar\u0131n temsil etti\u011fini iddia etti\u011fi finansal \u00f6zg\u00fcrle\u015fmeyi en iyi \u015fekilde temsil edebilecek bir \u00e7\u00f6z\u00fcm. Merkezi otorite ve ona \u00f6zel ba\u011fl\u0131 kurumlar olmadan, \u015fah\u0131slar ve \u015firketler \u015firketin sermayesine ve k\u00e2rl\u0131l\u0131\u011f\u0131na ortak olabilir. B\u00fct\u00fcn bunlar\u0131 yazarken kafamda iki temel […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,8],"tags":[],"class_list":["post-2348","post","type-post","status-publish","format-standard","hentry","category-blokzincir","category-muhasebe"],"_links":{"self":[{"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/posts\/2348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2348"}],"version-history":[{"count":2,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/posts\/2348\/revisions"}],"predecessor-version":[{"id":2350,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/posts\/2348\/revisions\/2350"}],"wp:attachment":[{"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}