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It's not as simple as you make out. In order to get their ether out they need to go through a complex process that takes 48 days: https://daowiki.atlassian.net
by reddytowns 10y ago
It's not as simple as you make out. In order to get their ether out they need to go through a complex process that takes 48 days:
https://daowiki.atlassian.net/wiki/display/DAO/Step-by-Step%3A+Splitting+the+DAO https://daowiki.atlassian.net/wiki/display/DAO/Step-by-Step%...
I think a large portion of the investors would be unwilling to do this and simply sell their The DAO tokens on an exchange, thereby keeping their ethereum locked up in The DAO
- nadaviv 10y agoI was unaware of the 48 days delay. Thanks for the link. So, there is some risk in terms of temporarily lost liquidity, but I would still stay that comparing this to a traditional crowdfunding where investors actually lose control over their funds is nonsensical.