Extremely good points, Chris, and about the only bad thing about the video is it has so many important things in it that whiz by so fast, they don’t get enough attention. I’m betting you put a decent amount of work into prep for this one.
I say it’s a problem because the average viewer isn’t going to absorb the gravity of each of the points of laid out.
Investing in the product/network instead of the company
On this one, I’d say it’s got a lot of pro going for it than just con. With VC funding and normal company stocks (IPO), the team and the company itself are directly tied to the IPO stock. I might like a product or two from Company X but in order to “invest” in a product, I can’t - I have to invest in the Company and all that goes with it - the team and all their other products that may or may not be great.
STO and ICO’s don’t necessarily have to carry the same burden. The product and/or network itself can be invested in, and while the team behind it do play a role, there are ways in which the product can have a life of its own, the team can be replaced and if decentralized correctly, the STO itself can survive and thrive.
Hello, DAO 2.0?