Of course tax laws still apply, as they should. But Jay-Z raising $100M is the wrong use-case example; he’s already a superstar and already wildly rich so does

Of course tax laws still apply, as they should. But Jay-Z raising $100M is the wrong use-case example; he’s already a superstar and already wildly rich so doesn’t need investors, or can easily get them the old fashioned ways (eg record company advance) if he does. A more apt one is a little-known up-and-comer raising $20k, as they currently might on Kickstarter or Patreon, but possibly using the smart-contract features of Ethereum to link the provision of rewards to some programmed metric like number of Spotify plays.