I wonder why you want this? And/Or this 'degrades' the investment fund value from pure valuation based on known assets with known prices
As I see things, 'backed' value doesn't matter if there's no liquidity ON A REAL MARKET to sustain that value (what I can buy now at the marked price without moving the market by orders of magnitude).
Lack of liquidity creates a 'mirage' of value, or an illusion (as you like to call it). And there's not a better recipe than that to get 'dissapointed investors' later.
Most projects use 'ICO' funds and allocate 1-3% of the supply to a liquidity pool or to get CEX listings ('liquidity incentives'). Since we had a 'fair launch' and everybody payed for their own tokens, such a thing wasn't available since day one (Since we raised funds at 1$ and denominated a 'fair base value'), hence we were going to need this later.
Having said that...
But is this, in your opinion, wanted for investment funds?
Maybe this is not needed for traditional investment funds since the value of the basket of all the assets defines the value now (and hence enabling liquidity impacts the token price in new ways).
But I'm slowly changing the way I see seed from a 'typical investmend fund working in the crypto environment with HIVE & HE resources as the infrastructural backend' to 'a profit based DAO based on HIVE which compiles a group of power users which invests in abc to xyz...''
What I mean with this is that SEED started as my little kid and the initial idea was to share my profits thorugh the token (something which has worked tremedously well so far).
But what If I wanted (we want to) be something more in the future? I still don't know... but just in case... I wanted to be ready for that and start preparing the required infrastructures for that.
Expansion cannot happen with liquidity... because those liquidity will always help us to discover our 'real value' (even if we're still pegged on the downside).
Again I'm raving a bit too much... or not, dunno. Thx for the conversation @edje. Since these kind of deep questions allows me to realise in what stage we are and where I want to conduct this business/idea
Your welcome 🙇
Now I think I already mentioned this to you over at TG some time ago. Qredo (https://www.qredo.com/) is building a service to be used by fund managers. They build workflows around DeFi in which multiple peeps need to sign for a transaction before the transaction actually happens. This goes way beyond what you mentioned above, but since you look into the future, a service like Qredo may help to decentralise fund management. Not sure, but this service may also be interesting (though I don't believe in the MC valuation of 1B$, way too big imho): https://www.sandclock.org/ (you need to watch the not so good YT or read through the preso link, I didnt discover any real doc-section). Lithium Finance is coming out with interesting services (https://lith.finance/#Usage)... Essentially a service that allows for difficult to value assets to get a valuation. Can you imagine at some point in time SEED fund offering the market the ability to get SEED taking a stake in a rare asset that is prices through Lithium?