Lightspeed How SOAR is Solving Tokens | Tom Curry
Jan 20, 2026
In this discussion, Tom Curry, CEO of Soar and a legal expert, shares insights on tokenizing businesses for accessible startup investments. He tackles the misalignment of token and equity incentives, the challenges posed by meme coins, and the importance of liquidity for retail investors. Tom also introduces Soar's innovative approaches, like a senior debt mechanism for token holders and strategies for onboarding new investors. He predicts the future convergence of token and equity models, all while emphasizing compliance and legal protection for participants.
AI Snips
Chapters
Transcript
Episode notes
Tokens Need Real Value Alignment
- Tokens must meaningfully tie to business value so holders share in success like equity does.
- Tom Curry argues token models failed because teams kept equity while token holders got little value.
On-Chain Cap Table With Senior Debt
- SOAR replaces traditional tokenomic assumptions with an on-chain cap table and a senior-debt mechanism tied to circulating supply.
- The model gives token holders recoverable value and lets founders use tokens for future fundraising like Web2 equity.
Stagger Token And Fundraising Like Equity
- Avoid giving teams full liquidation opportunity at TGE by mirroring Web2 fundraising pacing.
- Let founders fundraise later so tokens and equity both retain long-term value.