Second, $400 million as of this writing of the newly launched $RARE token was given with no strings attached to community members. Current shareholders who once owned 100% of the SuperRare stock now own only 40% of the company’s governance token. And while the community members are free to sell their tokens at any time on the open market, our token... See more

This means crypto is democratizing access to otherwise private investment opportunities — I think this is pretty cool. But crypto projects still want access to VC capital and expertise. Good VC investors can provide a lot of value and help projects grow and succeed.