Now picture this
Equity token: has rights, has liquidity
Who鈥檚 building it?
Equity: has rights, limited liquidity
Token: limited rights, has liquidity
Some revenues have begun flowing to the token, zero revenue has flowed to equity.
Equity is the largest holder of token, and benefiting the token is one of the highest leverage things equity can do to serve its own interest.
Second largest token holder is myself
Exec team is third largest
We chose to sell/dilute equity rather than selling the token.
Outside investors own <9% of the company, and all have strong incentive in the token's upside, all of them with multi-year lockups.
Not sure we can be any more clear about our intentions and the direction this train is going.
Most importantly though, I'm glad you like the product :)