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#024 SquidDAO: Web3 Project Deep-Dive: Part Crypto Hedge Fund, Part NFT DAO. An Anonymous Conspiracy for Mutual Enrichment

Smart Friends

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Are Cap by Analogy Back to the World of Equity?

There's no analogy for this in tradfi, really, except like ilic would start up equity. But if you lock it up for a long period of time, you essentially get more rewards and more governance rights. So there's lik the nft holders and the token holders both receive benefits from that. You can count of own equity in the project by owning an nft, or by owning the token, or both.

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