Genuinely interested to know:
Governments around the world are seriously targeting websites like PureVidz.
But, let's say it manages to avoid take downs for a year or two. Fuck it, lets say it sticks around for 5 years.
If I invest in PureVidz, there is always the risk that the web site will be taken down and the market cap would obviously go to zero.
So where is the long-term investment opportunity? Seems like the risk is mostly in the hands of investors. With a 20% premine, the devs would obviously want to cash out ASAP.
Perhaps I missed something.
Any investment you make in crypto can go that way, devs can vanish, dump premies, and run away. Thats way its called investing and not a sure thing. But I agree with you on one point. Id like to see the dev fund escrowed by one of the current escrows. Not that im worried about them dumping it but I kinda am, and rightfully so.
Devs will you decide to give the escrows some of the dev fund to hold, and while at that you can make that address public too.