Damus
Globe99 · 3d
Yeah makes sense. I mean I don't really consider this a "problem" per se, it's just something that might potentially limit adoption in certain contexts... What do you see this competing with, or repl...
dangershony profile picture
It is an interesting question, I don't know of a service that allows investors control over their invested funds (it might even be illegal in some jurisdictions) but the most obvious answer is services like crowedcube or kickstarter.

Though we also had a plan to enhance Bitcoin VCs, and allow the bitcoin community to "follow" VCs, if you look at the Angor spec we have what's called a "Lead Investor" mechanism (an investor that puts big money) which allows others to follow them, if lead investor pulls out to penalty anyone invested under them will be able to take their funds without a penalty.
This means that big investors lead the way but anyone else can benefit from their investments without needing to trust your bitcoin with anyone.
Globe99 · 2d
Hmm interesting! So the Bitcoin Blockchain allows for all of that, including penalties for "early" pull out? There's also the "token" angle, which is how this sort of crowdfunding would work on (say) Ethereum... Taking the scientific example specifically, it's what various DeSci DAO's use to issue ...