One of the things that gets me scratching my head is, there are no cryptos created that act as crowd-funding investment vehicles. Why are there so few cryptos being created that actually function on economic principles? For instance, creating a crypto that is “buy-in” based, where the currency is used to make real-world investments (buying toll roads, or building real-world businesses).
Yes, one could say we could run afoul of the SEC, where such coins are treated as shares of a corporation, but it would be the most valuable approach to crypto-currency in my opinion. Overstock’s CEO has similar ideas, but his application is more based on crypto-stock than actually direct investments related.
If you created a crypto that funds specific projects, where there is no ongoing mining involved, the increased number of coins is determined by the value of the next investment (at “x” market value). For instance, starting a $500,000 venture releases 100,000 coins at $5.00 valuations. The revenues from the investment result in the exchange value of the 100,000 coins rising to $10 each. The next project, valued at $1 million, would then require also 100,000 coins, which would be sold at the new market value of $10 each. The proceeds of the investments are paid in fiat or another crypto, such as BTC. Again, this acts like shares or stock in a corporation, but the number of shares are not limited and the mechanics of the transactions are not the same either.
It is just an idea. I have not thought it through fully.
Actually GH sort of did this the same way. We should take some of these successes and formulate something that is more broadly applicable.