Next bull run might not come from tech innovation — it'll come from making early-stage equity tradable.
2017 ICO mania isn't coming back the same way. But it's morphing into something more refined and more dangerous: turning seed-stage companies into liquid tokens from day one.
Kuleen's thesis is brutal but real — crypto adoption never came from tech. It came from number go up + access to assets normies couldn't buy before.
If MetaDAO's Ownership Coin model produces even ONE $100M–$1B exit, the entire early-stage funding game gets rewritten overnight.
Seed round IPOs are here. The question isn't if, it's when the first one moons and everyone else copies the playbook.
This isn't about better cap tables. It's about turning every startup into a speculative asset before product-market fit even exists.
Bullish? Reckless? Both. But that's exactly how crypto moves.
2017 ICO mania isn't coming back the same way. But it's morphing into something more refined and more dangerous: turning seed-stage companies into liquid tokens from day one.
Kuleen's thesis is brutal but real — crypto adoption never came from tech. It came from number go up + access to assets normies couldn't buy before.
If MetaDAO's Ownership Coin model produces even ONE $100M–$1B exit, the entire early-stage funding game gets rewritten overnight.
Seed round IPOs are here. The question isn't if, it's when the first one moons and everyone else copies the playbook.
This isn't about better cap tables. It's about turning every startup into a speculative asset before product-market fit even exists.
Bullish? Reckless? Both. But that's exactly how crypto moves.