Could anyone point me in the direction of where I can find good web3 forums for long-form discussion? I'm particularly interested in the mechanism design and business issues relating to web3, rather than the deep technical discussions.

I meant more that they are too lax. They contain loopholes that would circumvent the SEC for both web3 and most other businesses. However people might feel about the SEC, I thought the goal was ‘good regulation’ and this just looks like an exemption for crypto that can easily spread outside of it.

Do these feel like band aids? Are there any discussions about getting registered as decentralized by the SEC so that the third prong of Howey is not met? Or avoiding the first prong with exceptions for crypto awarded for participating in the network (assuming that participation was compensation/consideration itself)?

Crypto/web3. Author of Read Write Own

readwriteown.com

@cdixon.eth Am I correct in reading that if HR 5745 passes, I could launch a coin that is exclusively used for my eCommerce company, create some burn mint protocol to have expected inflation, and then sell those coins as a way to raise money without registering the coins as securities?

Background in VC and PE in B2B SaaS and at an innovation lab for a large sovereign wealth fund. Interested in web3 to disrupt incumbent monopolies.

Bill

@billhepworth