retroactive grants are cool but they require builders take on all the risk (build it and you *might* get *some* funding)

an alternative ✨proactive✨ approach:

kind of? key differences are:

1) funding (risk) happens before not after
2) flow of funds entirely onchain (verifiable, predictable)
3) uncapped upside (contributors receive pro rata exposure to project success)

"shares in a company" is a legacy/web2 way of framing it: not incorrect, but not really correct either

Shares in a company are literally 400 year old ideas, so safe to say not web2 😉. Venture/angel investing has a similar profile of funding/risk. Stocks have potentially uncapped upside, see the chart of Berkshire Hathaway class A shares. I still don't see the difference in the fundamentals but am open to being wrong.

pooling resources and sharing upside go back even further than 400y so in that sense you're correct: there's not much different here. *how* we do that matters, and has changed a lot. besides fabric contribution tokens, there's no technology or single financial instrument that contains all the properties you identified