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A crypto approach could look like: 1. Create a token and mint 1% (10k) of them to you 2. Create a pair with let's say 1 ETH (or USDC) + 10k on Uniswap - this
by carlbarrdahl 4y ago
A crypto approach could look like:
1. Create a token and mint 1% (10k) of them to you
2. Create a pair with let's say 1 ETH (or USDC) + 10k on Uniswap - this is your initial funding for your project. You now have a market for your token.
3. Reward your contributors with tokens - they can choose to swap these into ETH or USDC if they wish to
- b20000 4y agoaren't you creating and issuing a security when you do this, which could get you in trouble potentially?
- formerkrogemp 4y agoHave you seen the crypto market? There's very little enforcement going on.
- bradknowles 4y agoHave you seen the crypto market? The Ponzi schemes are collapsing.
- b20000 4y agosure but what if they come after you retroactively?
- formerkrogemp 4y agoDid that happen to more than say six people in the financial crisis of 2008? What makes you think this time is different?