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FriesDAO Wants to Start a Crypto-Crowdfunded Fast-Food Franchise
- rmason 5y agoYou know how VC's take 20% of the profits otherwise known as the carry from a fund? Lets say a couple of guys from the fast food industry have the experience but lack the capital to go out on their own. Why not ask for 20% of the profits, raise money using a DAO and buy up a bunch of underperforming fast food outlets and then turn them around? This model could be used for everything from laundromats to garden stores. Take a fragmented industry and either use an existing set of brands or create your own national brand.