[pdabbadabba]

It's true that, in theory, you can do it faster with crypto. But I don't see how that benefit is material. It's easy to set up an LLC in approx. 1 day. With crypto, I guess you could theoretically do it in seconds. But, as this project demonstrates, delay in setting up the entity isn't the limiting factor. Actually raising the funds takes much longer.

And it's not as though setting up a DAO is easier. Both require either a substantial amount of domain-specific knowledge, or trust in general purpose tools/forms.

Can we think of a a similar case where the crypto speed benefit would be meaningful?

Edit: Your question about who can buy shares raises an interesting issue. It may be true that, if you did this in the traditional way, you could only sell shares to accredited investors. (I'm not sure. But that's my hunch.) But I wouldn't be so sure that these same rules don't apply to DAOs. It may be a complex legal question, and I haven't researched it, but I would certainly not assume that these solicitation rules don't apply to soliciting contributions to DAO's. After all, the same regulatory goal applies: preventing amateur investors from getting scammed, or taking on more risk than they had intended, through private-placement style investments where there are fewer market signals to help people make informed decisions. (Of course, it's a separate question whether we should have laws like that in the first place.)