jihad ↑
@jihad
One problem with projects funded on the open market (token launches, etc.) is that there really isn’t any founder accountability. They can just stop building, and the community can’t really do anything about it. They have no legal fiscal responsibility.
5 replies
1 recast
11 reactions
Chris Carella
@ccarella.eth
this is a downstream effect of failed regulation since its so hard to make a legal entity for a tokenized product but trivially legal to launch a completely decentralized memecoin. Bring back the ICO with sane regulation and let the teams raise money directly.
0 reply
0 recast
3 reactions