i was thinking about all these IP stuff for my-kart... people like Luen (event operations, ironman rules), Mark (k2 management) and Naza (k1 rules etc) have all contributed some parts to the my-kart IP (processes, rules etc).
there may be others who have done somethings similar.
given that the IP are owned by my-kart promotions sdn bhd, i was thinking of coming up with a scheme for my-kart members to come up with great ideas for my-kart (to be owned by my-kart) and in return offer them some equity in the company. of course, an equity stake in my-kart promotions sdn bhd may not be attractive today... but i think members could be incentivised to create value out of this.
what do you think?