but they didn’t offer a security or investment contract, they offered a token that gives holders a form of governance/voting. You are saying you offered a sugg

but they didn’t offer a security or investment contract, they offered a token that gives holders a form of governance/voting. You are saying you offered a suggested path to “avoid unnecessary tech”, but you removed the concept of a voting right for a security by suggesting they could have offered interest in an LLC. There is plenty of precedent of the SEC responding favorably to “no action letter requests” without requiring registration when organizations publicly offer voting/governance rights in exchange for money.