> including crowdsourced project screening and fund-locking such raised funds are programmatically unlocked as founders achieve certain milestones. Both great

> including crowdsourced project screening and fund-locking such raised funds are programmatically unlocked as founders achieve certain milestones. Both great ideas to get something into production, but how does this provide equity? Specifically, when I hear equity, I think two things: dividends and shareholder voting rights. Both can be coded in on a bitcoin 2.0 DAO platform of your choice, but there's the (unsolved, afaik) question of physical-world enforcement. I've unlocked all my protocol-escrow'd milestone funds, shipped a product, but I now choose to ignore the dividend or voting feature of all the token holders. See you later! One of the benefits of operating within the legal system rather than outside is the investors have a last-resort: they know who you are and can sue. If you operate outside the system in DAO-land, what recourse do I have when facebook buys my cryptoequity-funded CryptoRift Co. and says, "sorry, crypto-tokens aren't equity under US security laws, you get nothing"? Trustless consensus-unlocking escrow for project milestones is a great game-theory trick to get to ship, but it stops short of true equity. To honestly call it equity (guarantee of dividends and shareholder voting rights under threat of legal action), you need to operate within the law, not find loopholes. Or at least have the law legally recognize the voting will of the cryptotokens, which I haven't seen mentioned either.