Google has done a terrible execution in my country. You could use google pay but the app to choose or add a card wasnt available.

Did you started actually working on the idea then?

Read the initial reply

The idea is just that. Create a Nasdaq for early private tech startups - fixed valuations - funded with crypto.

For the Investors I think there is no problem with SEC, but for the fundable startups what could be a workaround?

Instead of money, just Crypto. So early Startups/ Projects get funded as fast someone sends'em some coins. And the investors to be nerds/ crypto investors and can invest them on startups.

So the value is Startups will be really easily funded, fast and by anyone, disregarding the regulations and limits for fundraising with conventional money.

Again, the limitations with funding with money aren't a tech problem. The limitation aren't "regulations", or how "fast" you can send money. They're a legal one. There's literally no obstacle in wiring some startup some money. Where an obstacle DOES exist, is in you being able to credibly defend a claim on that equity in a court.

Imagine the following situation:

You: "I own 10% of the startup"

Judge: "You have no contract that proves that...."

You: "But I sent crypto instead of money!!"

Judge: "Oh in that case...!"

It's like when the word "crypto" is involved, people immediately surrender any critical thinking :-|

DAAA!

The goal is to make anyone able to invest in a listed Startup.

But why? Unlike with a public company, startups have needs from their investors beyond just cash. VC firms aren't just wallets, they provide services, access, networking, support etc.

This would skyrockets the small investments on early stage projects -> more projects would grow -> they go to VCs when ready

Why would a startup want just anyone as an investor?

You have a two sided market. It needs to attract both investors and startups to be a legitimate vehicle.

Just checked BlockFi, but it is only about interest. How could it be used to raise a fund?

Look at BlockFi from end to end not what it offers to crypto holders only. Return in the form of interest to crypto holders in return for lending the value of those crypto to borrowers and earning interest from them.

Offer crypto holders chance to be part of new crypto startups (people who made money through crypto want to pay forward to the crypto ecosystem) and fiscally disadvantaged/ sustainability people/ project (WSB ape story) without requiring them to sell their cryptos.

Edit: Also, I don't have all the answers, if I did, I would be executing the idea instead of talking about it on a forum. My reason to share is two folds:

1. I am aware of several crypto-lending startups prior to BlockFi that failed. BlockFi founders are geniuses to figure out a structure that works beautifully. By sharing, I am just exploring where else the similar structure could potentially work.

2. Sharing such ideas exposes me to potentially complementary-minded people who might have answers, I may not have, and explore pros and cons that I may not have considered. You never know who comes along in future endeavors.

Exactly that

Could work. Alternatives probably exists but that just confirms the idea is ok. Would need some marketing to bootstrap - what good is an empty market place?

> Could work.

I think the fact that alts/ICO failed as bad as they did proved it could never work. Working with existing infrastructure, and I don't think ETH is worth consideration at this point, is the only way to get any credibility given who is investing into crypto these days.

DOGE will always be a funny meme thing, regardless of it's price rise: it was actually where we sent people to get used to the ecosystem as 'training wheels' Elon just made it hysterical and people bought into the hype, but as you can see he won't put it on Tesla or SpaceX's balance sheet for a reason.

Though if I'm honest it would be funny as hell to see a DOGE logo on the side of a Starship.

That's true! I event sent my friend a couple of DOGE for his birthday. SpaceX may put it in their sheets, but for early-stage startups this could be a way to be get funded from crypto investors who got big early on.

ICOs were also big in the last crypto bubble and a lot of people got burned. So maybe it is too early for a revival.

However ICOs are certainly a sounder idea than NFT artworks.

> However ICOs are certainly a sounder idea than NFT artworks.

Both are bad ideas hatched from the ETH cohorts trying to make themselves relevant while selling buzzword laden pipe dreams and vapourware to idiot heads of state (Putin) [0] and imbecilic corpos with no idea of what they are doing.

This has to be a con by Vitalik, there is no way this guy really went from doing unSystem work to cryptokitties and NFTs.

Source: I worked for those imbecilic corpos.

0: https://www.youtube.com/watch?v=SyBwRl-sDzs