- http://www.google.com/search?q=is+bitcoin+a+ponzi+scheme
- http://www.google.com/search?q=is+ethereum+a+ponzi+scheme
- http://www.google.com/search?q=is+zcash+a+ponzi+scheme
- http://www.google.com/search?q=is+tezos+a+ponzi+scheme
- (f) The article discusses the SAFT and assurances to investors, but does not discuss them in contexts of other token sales and ICOs. Most ICOs are structured as donations (not investments) to a project, with little to no legal recourse -- even though many people refer to these “donations” as being “investments”. In our case, we raised investment through an instrument (the SAFT) that is a direct liability to us, and gives investors greater guarantees on the completion of the project, or consequences otherwise. If we fail to deliver the network, we must return the proceeds of the token sale. Few token sales ever have such a clause. Our structure gives investors greater accountability, not less. The article discusses this in sec IV, but does not take into account that startups are similarly risky (i.e. that startup dissolution events return only remaining capital from the efforts), and does not mention how our structure improves on the ICO landscape in general.