[carlbarrdahl]

A crypto approach could look like:

1. Create a token and mint 1% (10k) of them to you

2. Create a pair with let's say 1 ETH (or USDC) + 10k on Uniswap - this is your initial funding for your project. You now have a market for your token.

3. Reward your contributors with tokens - they can choose to swap these into ETH or USDC if they wish to

[b20000]

aren't you creating and issuing a security when you do this, which could get you in trouble potentially?

[formerkrogemp]

Have you seen the crypto market? There's very little enforcement going on.

[bradknowles]

Have you seen the crypto market? The Ponzi schemes are collapsing.

[b20000]

sure but what if they come after you retroactively?

[formerkrogemp]

Did that happen to more than say six people in the financial crisis of 2008? What makes you think this time is different?