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stringtheory
@stringtheory69
Looking for feedback on startup idea. Thanks! Mission - Maximize the access to and interest from distributed capital. Product 1 - Think Wefunder built on crypto rails. Crypto crowdfunding with compliant equity distribution. The paradigm of investors getting equity is a good one - let's democratize it.
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Eric Han
@erich
Problem statement is amazing. Crypto and tokenizations biggest value here is the operational efficiencies it provides to the fundraising process. 1 token = 1 dollar invested, simple contract, secondary liquidity, etc. Net I love the idea and explored it myself once but regulations is the biggest roadblock
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stringtheory
@stringtheory69
Yeah using Reg CF is an interesting way to get a product out but there are a ton of KYC hurtles. For example, you need to know each users annual income and they need to be in US. I’d like to do this but I need a partner with some experience building compliant services.
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