This looks to me like something on the order of convertible warrants based initially on bitcoin/Ethereum, which convert to DAO tokens. DAO tokens appear to be

This looks to me like something on the order of convertible warrants based initially on bitcoin/Ethereum, which convert to DAO tokens. DAO tokens appear to be some sort of collective ownership of "crypto assets" whatever THAT means. The website reminds me of a horse with peanut butter in his mouth -- his lips are moving but not much is being said...