The token network is not governed by a board of directors, r or anything like that. So basically, as the founder of one of these companies, sance, we're on this, we can start up, you keep a third of the tokens for 37%. And then you sell tokens to venture capital on other folks in order, or it may be at an i c o. Or did you offer them in some sort of initial coin offering or something like that? We did not. The only way that you could therwer there were sort of private token sales, ome executed.
First Jason covers the CCP banning US IPOs for big tech companies, closing the VIE loophole (1:50), then Audius Co-Founder Roneil Rumburg joins (18:44) to talk about his "decentralized SoundCloud," how decentralized crypto projects actually work for investors and executives, and more!