What I understand is " at the end of the day you will create token out of nothing sell it to us buy steem power with that raised money and give back us upvote as our wish, all steem power belongs to you all curation reward belongs to you and investor will lose 1000steem but they will get vote instead. " Right?
Here is suggestion if you have 1000steem just power up to steem power sell your vote to smrtsteem you will get same amount of steem and SBD on top of that curatiion also or jist gather 10 people with 1000sp exchange vote with eachother only why would you need extra token for nothing? That token is not worth like steem though they are selling with steem.
This is insane, nothing different than bank and cheque system.
And there is only one solution which is if by delegating steem power, personal token is not acceptable. Again curation reward will goes fkr you but smartmarket is there for such problem you can buy vote as you wish and sell vote as you wish no need delegation and 7days waiting period if you wanna undelegate.
@musicfromsoul the option to delegate is open for anyone to participate without buying and the Steem in the account will belong to all of us as the gold standard for our community which will back the token. Every cryptocurrency started with the same beginning of having zero value and today some are worth billions that are little more than an idea.